Family Shield
Get affordable, reliable and digital accessible Family Shield Takaful protection for the security of your loved ones and dependents.
Family Shield
Details
Features:
| Plan 1, 2, 3 | Mobile App Plan | |
|---|---|---|
| Premium | Fixed (low priced) monthly/annual payments | |
| Currency | Qatari Riyal (QAR) | |
| Age of entry | 18 – 55 (age at last birthday) | |
| Maximum cover age | 65 (age at last birthday) | |
| Covers |
Basic death (3 months waiting period except for death due to accident) TPD: Total & permanent disability PPD: Permanent partial disability |
|
| CI: Critical illness | NA | |
| Maximum cover limit | Value: QAR 200,000 | Value: QAR 250,000 |
| Policy: Single | ||
Benefits
Comprehensive protection: Stay protected against unexpected situations like permanent or temporary disability (God Forbid) with our Family Shield policy.
Life protection benefits: Your loved ones and dependents will receive the insured amount in the event of death, as part of the policy's financial support for them.
Critical illness support: In the event of being diagnosed with a critical illness (God forbid that) such as cancer, heart attack, stroke, coronary artery surgery (2 or more times), coma, or renal failure, your insured amount will be paid directly to you for financial support.
Convenient app-based renewal: Your loved ones deserve continuous protection without any break. We send you timely notifications to renew your family Shield policy through the QIB Mobile App, ensuring your family stays covered every single day.
Affordable monthly premiums: Keep your loved ones protected without draining your finances. We believe that every family deserves financial protection without draining their funds. So, we have introduced plans starting from QAR 50, to ensure that financial security is more accessible than ever.
Flexible coverage choices: Choose the protection your family truly needs. We understand that every family has different requirements, so we have crafted unique plans with varying coverage amounts, ensuring your family has adequate financial protection during tough times.
Choosing the right level of protection is a deeply personal decision. That's why this plan offers multiple coverage levels, including up to QAR 250,000 through the Mobile App plan.
Disclaimer: The product mentioned above is designed and underwritten by Daman Islamic Insurance Company (Beema). It contains only general information. It does not constitute an offer to buy or sell a Takaful plan or service nor is it intended to provide any financial advice. Any person interested in this plan should read and consider its complete terms and conditions before making a decision. Please request the same from your branch or your relationship manager at QIB.
Eligibility:
- Entry age: 18 years minimum
- Maturity age: Coverage until age 65
Maximum coverage
| Face amount (QAR) | Plan 1 | Plan 2 | Plan 3 | Mobile App plan |
|---|---|---|---|---|
| Death | 60,000 | 110,000 | 160,000 | 250,000 |
| Accelerated TPD (any occupation) * | 60,000 | 110,000 | 160,000 | 250,000 |
| Accelerated PPD* | 60,000 | 110,000 | 160,000 | 250,000 |
| Accelerated critical illness | 25,000 | 50,000 | 75,000 | NA |
Premium
| Premium | Plan 1 | Plan 2 | Plan 3 | Mobile App plan |
|---|---|---|---|---|
| Monthly | 50 | 70 | 122 | 75 |
| Yearly | 600 | 852 | 1460 | 855 |
*Terms and Conditions Apply.
Standard ways to apply:
- Visit your nearest QIB branch for assistance and details.
- Click “Apply” on the QIB website to submit your application online.
- Call us at 4444 8444 for support or to apply over the phone.
Through the QIB Mobile App:
- Login to QIB Mobile App and navigate to the ‘More”.
- Select “Family Shield” under “Takaful Products”, agree the policy plan and specify the beneficiary's name and their relationship to you.
- Choose your premium amount and payment frequency – annual or monthly – and review and accept the product terms and conditions.
- Set up ‘standing instructions’ for automatic payments and select your account to debit the premium from and proceed to the next step.
- Verify and approve via OTP. You'll receive a confirmation message: "Family Shield applied successfully."
Advanced security, safer transfers
Bank with confidence. QIB secures all your transactions with enhanced protection.
Secure authentication
Feel secure every time you authorize a transaction with two-factor or biometric verification.
Transaction notifications
Stay informed with real-time alerts for account activity and unauthorized transactions.
Encryption
Experience secure money transfers with data encryption – a trusted shield for sensitive data.
Frequently asked questions
The policy covers, God Forbid, death (natural or accidental), Total & Permanent Disability (TPD), Permanent Partial Disability (PPD), and selected critical illnesses.
Accelerated benefits mean that the payout for disability or critical illness is deducted from the total insured amount. This helps provide you with immediate financial relief when you are facing a serious health or disability situation.
Yes, you can cancel the policy by contacting QIB or visiting a branch. However, kindly remember, our cancellation terms and conditions will apply in this case. Please get in touch with us to know more.
TPD refers to a condition where the policyholder becomes completely and permanently unable to work or earn income due to an injury or illness.
This typically includes severe cases such as:
- Loss of both eyes (total blindness)
- Loss of both arms or legs
- Loss of one hand and one leg
- Complete inability to perform any occupation for which the person is reasonably suited by education, training, or experience
PPD refers to a permanent loss of function in any part of the body that reduces the policyholder’s ability to work but does not result in total disability. Examples include:
- Loss of one eye
- Loss of one hand or one leg
- Loss of fingers or toes
- Permanent impairment that affects earning capacity
Adjust Preferences