DIB and Aman tie up to offer health insurance package to DIB employees
Dubai Islamic Bank (DIB) and Dubai Islamic Insurance and Reinsurance Company (Aman) have signed an agreement to provide DIB employees with a family of healthcare-cover packages.
The staff at DIB will be provided health insurance through two schemes offered by Aman, covering a range of Islamic insurance products and giving a variety of geographical coverage and service levels.
Aman is offering two schemes to DIB employees including Al-Shamel and Himaya. The top-of-the-range Al-Shamel is designed for senior management executives and offers worldwide coverage and up to one million Emirati dirhams ($272,260) cover per policy per year. Himaya offers regional coverage to senior and middle management executives to a cover limit of Dh 250,000.
Aman is licensed in Dubai by the Dubai Department of Economic Development to offer a range of insurance and re-insurance products, in compliance with the principles of Islamic Sharia. The company aims to reach a prominent position in the UAE insurance sector by providing customer-focused services. Last year, it saw its IPO more than five times oversubscribed. DIB and other Islamic-oriented promoters set up Aman and hold 45 percent of its capital with local investors holding the rest. — (menareport.com)
© 2003 Mena Report (www.menareport.com)