Arab Orient launches seven new life insurance products

About AOIC’s Life Products:

EduCare: EduCare offers you to save for your child’s education via easy payments of affordable premiums on a yearly, half-yearly or monthly basis. Its flexible terms allow you to decide how much, how often and for how long you wish to save. In the unfortunate event of death or disability the, premium on your policy will be paid by the Company till the maturity of the policy. In addition the Company will pay 1% of the sum assured from the date of such event till maturity, which will help finance the school fees of your child. On completion of the term total insured amount plus bonuses, as applicable, shall be paid to accomplish your dream of educating your child further.

FutureInvest: FutureInvest provides you a dual opportunity: risk protection and an investment via a unit fund account. You can select to either pay a single premium at one time or regular premiums on a yearly, half-yearly or monthly basis. This is a flexible and tailor-made retirement plan that ensures that you receive the accumulated cash amount at maturity enabling you the luxury of choice to live your new life with your loved ones on your own terms. You also have the choice to select the amount payable in case of the unfortunate event of death prior to the maturity of your policy: Option A: Higher value return. Receive the higher of either the cash value or sum assured. Option B: Added value return. Receive both the sum assured plus the cash value.

LifeSecure: LifeSecure provides insurance protection for a fixed amount of money in the unfortunate event of death or disability. The very low premiums of this plan give you the best value for money. Minimum age at entry is 18 years and maximum age at entry is 65 years. Premiums can be paid yearly, half-yearly or monthly basis.

LifeShield: LifeShield is a tailor made endowment plan that allows you the dual benefit of financial protection against unforeseen events and full sum assured plus accrued bonus paybacks on survival of the term. In case of unfortunate event of death, or disability (if opted for) your family will receive the sum assured. Minimum age at entry is 18 years and maximum age at entry is 65 years. Premiums can be paid yearly, half-yearly or monthly basis.

LoanTrust: LoanTrust is a pure life assurance plan that offers you the protection you require. It covers you from the financial risks that you may face during the contract duration thus, ensuring you and your family peace of mind and security. This plan pays the sum assured in case of unfortunate event of death or disability, if opted for. Minimum age at entry is 18 years and maximum age at entry is 65 years. Premiums can be paid yearly, half-yearly or monthly basis.

RewardPro: RewardPro is a pure life assurance plan that offers you the protection you require. It covers you from financial risks that you may face during the contract duration and, ensures you and your family peace of mind and security. This plan pays the sum assured in case of unfortunate event of death, or disability (if opted for). In the event of survival of the policy period, 50 percent of the premium paid during the term of the policy shall be refunded. Minimum age at entry is 18 years and maximum age at entry is 65 years. Premiums can be paid yearly, half-yearly or monthly basis.

TriPlus: TriPlus is a tailor made endowment plan that allows you the benefit of receiving: •25% of the sum assured on completion of 1/3 of contract period •25% of the sum assured on completion of 2/3 of contract period •50% of the sum assured on maturity of the policy

This gives you the flexibility of deciding the period of the plan and the Sum assured. It enables you to benefit from a three-phased return of insured amount during your lifetime. In case of unfortunate event of death, or disability (if opted for) your loved ones will receive 100% of the sum assured plus accrued bonus with no deductions of previous installments paid.

About Arab Orient Insurance Company:

Arab Orient Insurance Company is part of Dubai-based family owned group Al-Futtaim. It commenced operations in 1982 and has since recorded a progressively steady growth. The Company is counted among the leaders in the UAE insurance market. Arab Orient Insurance Company has a paid-up capital of AED 300,000,000 – which is significantly higher than most of the players in the market. With head office in Dubai, the company serves its clientele through an extensive 8 branch network in the UAE and one in Muscat. The Company is also accredited with ISO 9001 Quality Management Certification and is actively involved in major landmark real estate projects in the UAE and the GCC region.

Arab Orient Insurance Company is a customer oriented insurer with over 25 years of experience. The company’s comprehensive product range in general includes classes of insurance such as Fire, Property All Risks, Business Interruption, Motor Vehicles, Cargo, Marine Hull, Goods-in-Transit, Yacht and Pleasure Craft, Burglary, Workmen's Compensation, Employer's Liability, Fidelity Guarantee, Householder's Comprehensive, Travel, Contractors’ All Risks, Life and Medical among others.