WPS Family Shield

Get affordable Takaful coverage against death (god forbid) and disability.

Details

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

  • Entry age: 18 years minimum.
  • Maturity age: Coverage until age 65.

Required documents

  • Valid QID or passport.

Standard ways to apply:

  • Login to the QIB Lite App and apply directly from there
  • Visit QIB Industrial Area Branch

Frequently asked questions

WPS workers of Qatar can apply for this plan

The policy provides protection for 2 years from the date of enrolment. During this period, your family receives financial support if, God Forbid, you face death or disability.

The plan is extremely affordable at QAR 10 per month or QAR 120 per year.

No medical tests are required. You only need to submit a simple health declaration, and we’ll begin the enrolment process from our end.