WPS Family Shield
Get affordable Takaful coverage against death (god forbid) and disability.
Get affordable Takaful coverage against death (god forbid) and disability.
| Features | Details |
|---|---|
| Plan term | 2 Years |
| Sum assured | QAR 50,000 |
| Sum assured (accidental death) | QAR 100,000 |
| Permanent Disability benefit | As per grid |
| Entry age | 18 Years |
| Maturity age | 65 Years |
| Premium | QAR 10 per month or QAR 120 per year |
| Coverage and benefits | Death benefit: In the event of death of the life insured during the policy term, the beneficiary will receive the sum assured. Maturity benefit: There is no maturity benefit offered under this plan. |
| Medical underwriting | No, only a health declaration, which is part of the application. |
| Free-look period | If customers are not satisfied with the WPS Family Shield policy, they can return the policy within 21 days of receiving the contract. |
This product is underwritten by Daman Islamic Insurance Company (Beema) and QIB is only distributor of this Product.
Benefits:
Affordable death and disability coverage: We know how much your family’s financial security means to you, and we feel the same way about them. With WPS Family Shield, we provide death coverage of QAR 50,000 and disability coverage (additional QAR 100,000) only for a nominal amount of QAR 10, per month, ensuring that your loved ones receive meaningful financial support when they need the most.
21-day comfort period: Take up to 21 days to read through your policy carefully. If, at the end of that period, it doesn't feel like the right fit for your family, you can return the policy.
No medical underwriting: Enjoy peace of mind knowing that no health declaration is required, so you get covered without any hesitation.
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
Required documents
Standard ways to apply: