- Salary account with QNB
- Existing facility, loan or credit card with QNB
- Applicant must be 18 to 65 years old
Benefits and Features
The maximum amount (Cap) of life insurance coverage for each customer having a credit facility included in the coverage is as follows:
- Coverage up to QR1.5m for personal loan, time loans, overdrafts and credit cards
- Coverage up to QR3m combined for mortgage loans per borrower
- No application required
This product is marketed and distributed by QNB (Bancassurance) on behalf of QLM Life& Medical Insurance company
Frequently Asked Questions
How to Apply?
You can apply via an email with your personal details (nationality, employer, phone number, email), visit any of our branches, or contact our Customer Care Center on 4440 7777.
Is this a mandatory product for mortgage loans?
Life insurance is mandatory for all customers aged between 18 and 70 (excluding company accounts) with an outstanding mortgage loan, personal loan, overdraft, or credit card.
This product is marketed and distributed by QNB (Bancassurance) on behalf of QLM Life & Medical Insurance Company, Product T&C’s Applied - This insurance policy is underwritten by QLM and subject to the terms and conditions of the policy contract issued by QLM)
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