Doha: Qatar National Bank (QNB), the largest financial institution in Qatar and the Mena region, is set to launch its new bancassurance product.
QNB First's latest product, its International Saving Plan, will be provided through MetLife Alico and will be available to all current QNB First customers as well as potential ones.
QNB First has hand-picked Investment and Bancassurance plans from the world's leading financial institutions and combined them with their home grown expertise to help QNB customers to obtain their financial goals while dually protecting them from risk.
With plan, the bank will optimise its customer's hard earned savings and help them to proactively reach their financial goals and aspirations, a press release issued by the bank said yesterday.
This revolutionary investment vehicle will ensure a systematic and disciplined approach to wealth creation with the flexibility to re-allocate investments across various asset classes at any point of time. As always, QNB remains committed to being the institution of choice for customers, employees, investors and suppliers, it added.
Some of the key benefits of the plan are unmatched bonuses, a flexible plan and insurance protection. Also, depending on the annual premium that the customer selects and the length of the contribution period, customers will receive a very attractive up-front bonus that will substantially increase the value of account from day one. In addition to insurance coverage against critical illnesses and spouse pension gets regular income for the selected period of time in case of the insured's loss of life.
© The Peninsula 2013
