Bank Muscat, the leading financial services provider in the Sultanate, has invited its customers to take advantage of the valuable life insurance plan offered by the bank in partnership with AXA, a global leader in insurance.

The Life Protect Plus insurance plan can protect the insured family's future and offer the financial assistance required to confront life's unexpected challenges. Customers can use Life Protect Plus to make up for lost income, secure their children's future education, care for an elderly family member or even settle outstanding financial obligations.

Customers aged 18 to 65 can apply for the Life Protect Plus plan, which covers death from any cause, as well as permanent total disability caused by an accident or illness. Customers can pay the premiums on a single or monthly basis, using the option that best matches their requirements.

Speaking about the special benefits available, Abdullah Tamman Al Maashani, DGM – Institutional Sales and Product Development, Bank Muscat, said, “Through our strong partnership with AXA Insurance, which is recognised worldwide for its excellent products and services, the bank offers customers the perfect solution to protect their loved ones from unexpected events that can take away their financial security and lifestyle. We are happy to offer this great coverage at very affordable and highly competitive premiums. Customers can choose the option that provides the best coverage for their unique needs and can rest assured that their loved ones will be protected against unexpected contingencies should anything unexpected happen.”

Mehdi Salim Al Harthy, General Manager & Head of Partnerships for AXA in Oman, said: “We are delighted to continue strengthening our strategic partnership with Bank Muscat and continue offering highly competitive insurance plans for the bank’s customers. As a trusted partner focused on protecting what matters, we help our customers find convenient solutions to their various insurance needs with innovative products like the Life Protect Plus insurance plan.”

Since 2013, Bank Muscat has had a strategic partnership with AXA, a worldwide leader in insurance and asset management, offering a wide range of insurance products and services for corporates, SMEs and individual customers throughout the region. Through this strategic tie-up, AXA Insurance, in partnership with Bank Muscat, offers its different customer segments best-in-class bancassurance products and services. In particular, by offering plans with different riders, customers, especially family breadwinners, will be able to enjoy full peace of mind knowing that they have planned to ensure the best future for their children and other family members.

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