Tuesday, 22 Oct 2019 | 23 Safar 1441
Ahlibank launches new Takaful Home Contents Policy in partnership with Takaful Oman

Ahlibank launches new Takaful Home Contents Policy in partnership with Takaful Oman

Like any other asset, one’s dream residence is also exposed to different dangers, the newly announced revolutionary Takaful Home Contents program will cover all dangers as per the terms and situations and offer peace of thoughts at extremely inexpensive contributions to consumers.

Takaful Home Contents policy will cover accidental losses or harm to residence contents due to perils such as fire, explosion, lighting, earthquake, smoke, storm and flood, riots, civil commotion and strike, malicious harm, influence by autos, aircraft or aerial devices and burglary. The Takaful policy will cover contents inside residential apartments and villas inside the sultanate.

Hana al Hinai, DGM – Retail Banking Product Development and Private Banking, mentioned, “Takaful Home Contents product will provide much more comprehensive and competitive protection for its customers’ homes and contents. Our customers have always been our priority and we are constantly working to improve our products and ensure they meet the evolving needs of our customers. After a lot of study and research, we came up with a flexible home contents insurance that is customisable, value-for-money and I dare say, probably the only home insurance you will ever need.”

The Takaful policy gives protection up to RO50,000 for residence contents and up to RO5,000 for private belongings in the occasion of physical loss or physical harm. The policy comes with numerous plans and enables you total flexibility in picking the very best way to safeguard your beloved residence and residence contents, either as a residence owner or a tenant. More importantly, as opposed to virtually all other goods of the identical type in the marketplace, the new Takaful Home Contents item will allow consumers to not only effortlessly pick a appropriate program to insure their contents without having the headache of listing each single item in the home at the time of buy, but also to make a claim with higher simplicity and flexibility than ever.

The item gives plans with contributions beginning from as low as RO20 per year. Benefits consist of protection to Home Contents up to RO50,000 and protection to Personal Belongings as higher as RO5,000. The bank has introduced these fundamental and premium offerings following cautious deliberation and feedback to meet the certain demands of its consumers, in the end catering to the requirements.

Under the premium program, consumers will also get reimbursed the price of option accommodation for six months or RO25,000 whichever is earlier, in case the covered premises is rendered uninhabitable due to the covered damages. The insurance coverage also covers loss of or harm, such as accidental harm, to pedal cycles and their accessories belonging to the insured residence.

The policy also enables the client to opt for coverage on the structure of the residential apartment or villa for accidental harm due to a covered occasion at a nominal extra worth.

Information Source: Muscat Daily

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