Abu Dhabi Commercial Bank (ADCB)'s Wealth Management Division Tuesday announced the launch of its new ADCB Family Protector Coverage plan providing total peace of mind in the event of an accident, not limited to transportation accidents.
Ala'a Eraiqat, ADCB Head of Wealth Management and Private Banking Group said, "As part of ADCB mission to provide its clients and the local and expatriate communities it serves across the UAE with advanced financial solutions, we are glad to announce the introduction of a new range of Bancassurance plans that cater to the diverse and increasingly sophisticated needs of the public. Teaming up with regional and world-renowned product providers, clients now have access to tailor made protection and regular savings plans that not only give them the chance to plan and reach their future financial goals but also ensure that such goals are protected from the otherwise devastating financial impact of unfortunate events."
Rabie Rafia, Bancassurance Product Manager said, "Understanding the dynamics of the UAE economy, the resulting lower average age of the working population, the fact that most deaths and disability at younger age are due to accidents, and the devastating financial impact of accidents on individuals and families, ADCB Family Protector is one example of the bank dedication to bringing to the public a much needed insurance coverage at superior pricing. The plan, providing a generous payment in the case of accidental death or permanent disability as well as accidental medical expenses reimbursement, where accidents are not limited to transportation accidents, combines for the first time in the UAE, superior coverage and affordability. ADCB Family Protector is the first Bancassurance product, in a series of tailor made solutions that will be systematically introduced in the market. The product is available to the general public, not only to bank clients, and offered through all bank branches and distribution channels." (menareport.com)
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