Al-Nisr Al-Arabi Insurance Company continues to offer clients peace of mind in education and retirement

Press release

Published June 19th, 2011 - 11:51 GMT

The retirement related plan "Liberty Plus" is designed to provide protection and savings for the future

At the beginning of June 2011, Al-Nisr Al-Arabi Insurance Company launched the advertising campaign of two of its distinctive insurance products that benefit its clients in Jordan in the areas of retirement and education.

The retirement related plan, called "Liberty Plus," is designed to provide protection and savings for the future, and includes unique tailor-made options and benefits that secure the financial well-being of clients in their retirement, with protection against inflation, convenient payments, loan facilities, and excellent coverage.

The education related plan, called "Universitas," is designed to provide guarantees for future schooling and university education, offering a unique package tailored to meet such needs as coverage for tuition fees, easy payment facilities, and a guaranteed return on the investment.

General Manager of Al-Nisr Al-Arabi, Yacoub Sabella, said "We have worked consistently throughout the years to provide products and services of the highest standards, and we are particularly proud of these two plans that offer our clients the peace of mind that they need in two very important aspects of life."

Background Information

Al Nisr Al Arabi Insurance Company

Al-Nisr Al Arabi Insurance Company was founded in 1976 by Societe Nationale D’Assurances (now Allianz-SNA) and is one of the leading insurance companies in Jordan with business activities that include the full range of Life, Medical, Marine, Motor, Fire, Engineering, Liability and General Accidents insurances. May 2006 witnessed a major step for Al-Nisr Al-Arabi through a Strategic Partnership with the Arab Bank, whereby the bank acquired a majority stake in Al-Nisr.

Consequently, the new partnership created between the Allianz Group and the Arab bank through Al-Nisr Al- Arabi is a major initiative that includes the launching of a full Bancassurance operation in Jordan, and which promises to propel the company into a higher level of growth and profitability.