Overview
When we consider our loved ones, there are no small moments, only valuable ones.
Our top priority is our family and it is important to plan for the unexpected, especially when it comes to their well being.
The Family Income Protection insurance policy is designed in collaboration with Al Ahleia Insurance Company S.A.K. to specifically provide your loved ones with the financial security they need to manage monthly payments (rent, loans or credit cards), as well as other family obligations, such as childcare and household expenses in the event of any unforeseen circumstances.
The financial benefits provide a valuable source of income for your family in case of accidental death or total permanent disability due to an accident, including a lump sum amount of KD 15,000 and a monthly income for 60 months (5 years).
*Premium options are also available for those interested in increased coverage including a greater lump sum and monthly income payments.
FIP Policy Options
| | Principal Sum
(KD) | Monthly Benefit
(KD) | 1 Year | Annual
Premium |
|---|
| A | 15,000 | 250 per month for 60 months | 30,000 | 24 |
| B | 15,000 | 500 per month for 60 months | 45,000 | 36 |
| C | 15,000 | 750 per month for 60 months | 60,000 | 48 |
| D | 15,000 | 1,000 per month for 60 months | 75,000 | 60 |
| E* | 28,000 | 2,000 per month for 36 months | 100,000 | 160 |
| F* | 42,000 | 3,000 per month for 36 months | 150,000 | 240 |
For complete policy terms, conditions, and exceptions please refer to Family Income Protection Insurance policy documents issued by Al-Ahleia Insurance Company S.A.K.
For further information, call “Hala Watani” at 1801801 or visit one of NBK’s branches and apply today.