Credit Life

Rest assured you’ll be insured.

With our unique Credit Life Insurance Benefit plan, any outstanding financial obligation you may have with us will be written off in the unfortunate event of loss of life.

Eligibility

  • 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

Frequently Asked Questions

Disclaimer

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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