(MENAFN – Gulf Instances) Qatar Islamic Financial institution (QIB) has change into the primary financial institution in Qatar to supply Takaful plans for patrons on its cell App, enabling them to buy the insurance policies on their telephones from the comfort of their residence or workplace, 24/7.
QIB now provides 4 varieties of Takaful plans, underwritten by Beema, on its award-winning QIB cell App, making it an all-inclusive platform that permits clients to have a seamless banking expertise.
Clients who’ve an present auto Takaful coverage from Beema can simply renew their coverage on the QIB cell App. QIB”s Auto Takaful coverage covers unintended injury induced to a automotive and the injury or damage induced to a different automobile, or its driver, in an accident. The coverage additionally covers injury to a automotive from hearth or theft, and some other third get together concerned.
Household Defend is a Takaful coverage accessible to each nationals and expatriates. It’s tailored to supply monetary safety to the household of the insured, in case of unexpected occasions like demise or incapacity. For simply QR75 per 30 days, clients should purchase a Household Defend time period Takaful plan by way of the QIB cell App and get Takaful protection for QR250,000.
Clients also can activate their Credit score Defend Takaful plan on their most popular card immediately by way of the App at a nominal price utilized month-to-month to the bank card. Credit score Defend covers the excellent steadiness on a bank card, in case the shopper is unable to settle, as a consequence of unlucky incidents.
QIB clients can now buy a Journey Takaful plan by way of the App immediately, at any time, from the consolation of their residence or workplace. The plan supplies a number of coverages and advantages to make sure that QIB clients have a whole peace of thoughts throughout their journey.
As soon as clients efficiently apply and full the required easy steps, the coverage issuance is managed absolutely and digitally by way of the App, because it”s linked by way of Beema”s API community. A affirmation e mail from Beema can be despatched together with a reference quantity and coverage paperwork.
D Anand, QIB”s normal supervisor Private Banking Group, stated: ”The QIB cell App has change into our clients” most popular banking channel. It”s a digital ‘one-stop-shop” answering to all of the banking wants of our valued clients. Our group constantly appears for progressive options that improve the shoppers” digital banking expertise, finally enabling less complicated, quicker and extra handy banking providers for our clients.
”With the most recent growth, we have now created a market for patrons to purchase a collection of third-party services similar to Beema”s Takaful plans, that are readily accessible to all our clients by way of our award-winning cell App.
Moreover, Nasser al-Misnad, CEO, Damaan Islamic Insurance coverage Firm (Beema), stated: ”Beema is delighted to take part in QIB”s digital journey. We’ve tailored our Takaful merchandise to go well with QIB”s clients” necessities, which we imagine can be helpful and price efficient. We’re sure QIB will be capable to improve their buyer satisfaction stage with the up to date App. We want QIB all of the success of their endeavour of digital transformation.
In recognition of the financial institution”s digital transformation outcomes, QIB was lately named ‘Qatar”s Greatest Financial institution” by Euromoney, ‘Greatest Digital Financial institution in Qatar” by the Asian Banker and ‘Qatar”s Most Progressive Digital Financial institution” and ‘Qatar”s Greatest Client Digital Financial institution” by World Finance.