Qatar Islamic Financial institution (QIB) has turn into the primary financial institution in Qatar to supply Takaful plans for purchasers on its cell App, enabling them to buy the insurance policies on their telephones from the comfort of their dwelling or workplace, 24/7.
QIB now provides 4 kinds of Takaful plans, underwritten by Beema, on its award-winning QIB cell App, making it an all-inclusive platform that enables clients to have a seamless banking expertise.
Clients who’ve an current auto Takaful coverage from Beema can simply renew their coverage on the QIB cell App. QIB’s Auto Takaful coverage covers unintended injury prompted to a automotive and the injury or harm prompted to a different car, or its driver, in an accident. The coverage additionally covers injury to a automotive from fireplace 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 loss of life or incapacity. For simply QR75 monthly, clients should purchase a Household Defend time period Takaful plan via the QIB cell App and get Takaful protection for QR250,000.
Clients may activate their Credit score Defend Takaful plan on their most well-liked card immediately via the App at a nominal payment utilized month-to-month to the bank card. Credit score Defend covers the excellent steadiness on a bank card, in case the client is unable to settle, attributable to unlucky incidents.
QIB clients can now buy a Journey Takaful plan via the App immediately, at any time, from the consolation of their dwelling or workplace. The plan gives 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 totally and digitally via the App, because it’s linked via Beema’s API community. A affirmation e mail from Beema will likely 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 turn into our clients’ most well-liked banking channel. It’s a digital ‘one-stop-shop’ answering to all of the banking wants of our valued clients. Our staff constantly seems for progressive options that improve the shoppers’ digital banking expertise, in the end enabling less complicated, quicker and extra handy banking providers for our clients.
“With the newest improvement, we now have created a market for purchasers to purchase a set of third-party services and products reminiscent of Beema’s Takaful plans, that are readily accessible to all our clients via 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 got tailored our Takaful merchandise to go well with QIB’s clients’ necessities, which we consider will likely be useful and price efficient. We’re sure QIB will be capable of 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 Finest Financial institution’ by Euromoney, ‘Finest Digital Financial institution in Qatar’ by the Asian Banker and ‘Qatar’s Most Revolutionary Digital Financial institution’ and ‘Qatar’s Finest Shopper Digital Financial institution’ by World Finance.