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Jun 09 2009

Noor Takaful Teams up with Mondial Assistance Group to Launch Travel Takaful Services

Parvaiz Siddiq CEO.
Parvaiz Siddiq CEO.

'Travel Plus' and 'Travel Gold' Customers to Gain 24x7 Support via Helpline Accessible Worldwide
Dubai: 09 June, 2009 - Noor Takaful , the Islamic insurance arm of Noor Investment Group , today announced it has teamed up with Mondial Assistance Group, the world's largest provider of emergency services, to launch Travel Takaful comprising a wide spectrum of support services for contingencies arising during foreign travel.

Coinciding with the approaching holiday season, 'Travel Plus' and 'Travel Gold' are value-added, tailor-made takaful packages designed to assist customers who may need assistance during flight cancellation and delays, loss of luggage, emergency situations, incurring of specific liability, and covering of accident and medical expenses.

Parvaiz Siddiq, CEO, Noor Takaful , said: " Noor Takaful prioritises the delivery of products and services that have the convenience of our customers at its core. Our travel solutions offered in conjunction with Mondial Assistance is guaranteed to provide an effective and professional response to travel emergencies at any given time of the year. We are confident that both offerings will be widely welcomed by our customers for its broad-ranging benefits, particularly with the upcoming travel season."

'Travel Plus' and 'Travel Gold' are both on promotional offer from 5th June - 15th July, during which individuals will be awarded a 10 per cent discount on the purchase of the packages through the Noor Investment Group call center (800-NOOR or 8006667).

Mondial Assistance, which maintains 33 round-the-clock operation centers in 25 countries, and supported by a worldwide network of 400,000 service providers, will set up a dedicated toll-free helpline to address customer claims from any part of the world.

Launched in January 2009, Noor Takaful offers a broad range of Shari'ah compliant general and family takaful products. Noor Takaful has a presence in four locations across Dubai, Abu Dhabi and Sharjah, and eventually aims to widen its ambit to include the Middle East and North African region.

-Ends-

Noor Takaful
Noor Takaful is the Shari'ah compliant insurance brand of Noor Investment Group LLC. Through its 2 entities Noor Takaful Family PJSC and Noor Takaful General PJSC, it offers a broad range of Shari'ah compliant general and family takaful products. Noor Takaful 's business model is founded on the Shari'ah principle of wakalah. Noor Takaful administers the process of participation, manages collection of the takaful contribution and processes the claims according to the contract agreed with the participants. In addition, Noor Takaful will also act as a trustee for investing funds in Shari'ah compliant structures to generate returns on the contribution paid. Noor Takaful aims to set new standards in the region's booming takaful industry with a focus on service innovation. Noor Takaful 's products and services are governed by a Shari'ah supervisory board comprising of well-known Islamic scholars. For more information, please visit: www.noortakaful.com

For media enquiries, please contact:
Maliha Aqeel
Account Manager - Finance Practice
Jiwin Public Relations
Tel: +9714 3613598
Mob: +97150 6331976
Email: maliha.aqeel@jiwin.ae

Burgess Baria
Senior Account Executive - Finance Practice
Jiwin Public Relations
Tel: +9714 3642199
Mobile: +97150 6961987
Email: burgess.baria@jiwin.ae

© Press Release 2009

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