Sohar International joins hands with Takaful Oman Insurance SAOG to offer Travel Takaful with COVID 19 cover

Muscat: Continuing to provide more value to customers, Sohar International has expanded its portfolio to include a range of Travel Takaful products offered to customers with competitive rates and privileges through partnering with Takaful Oman Insurance SAOG. Alongside other insurance products including health, home, life and personal accident, the travel takaful provides comprehensive coverage, including COVID-19 cover for travelers on international flights. Both citizens and residents of Oman are eligible to enroll in these plans with swift and easy processing.

With a host of benefits, Sohar International’s comprehensive Travel Takaful offers customers with affordable and practical Travel Takaful Policy including multiple geographical coverage options with emergency medical assistance and expenses up to USD 1 Million. COVID-19 cover can be extended for all plans at just an additional cost of 10% of the total contribution amount if required. Catering to the various customer requirements, the  cover  is packaged in three different plans; each with its set of features and benefits including single and annual multi-trips, travel coverage of up to  two years, subject to the   covered member  being eligible for the services of this plan when he/she travels outside the Home Country of Usual Country of Residence for period not exceeding 90 consecutive days per trip., and eligibility AGE  is  up to 70 years  and can be  extended up to 80 years subject to Additional contribution .

Mr. Khalil Salim Al Hedaifi, Chief Retail Banking Officer, Sohar International, said, “At Sohar International, we are driven by a vision to become a world-class Omani services company that helps customers, communities, and people to prosper and grow. We channelize all our efforts towards this vision, by innovating and providing an ecosystem of products and services that fulfills the banking and non-banking requirements of customers, benefitting them as well as contributing to socio-economic national goals. We take immense pride in our strategic collaborative approach and the tie-up with Takaful Oman Insurance SAOG is evident of the same. It draws from a deep understanding of what matters most to customers in their life cycle, and is made safe and secure with the help of well thought through insurance products that enable a hassle-free life as well as travel, especially in the new normal that we are now adopted to.”

While the plan covers medical expenses incurred during hospitalization and quarantine protocols associated with COVID-19, it also provisions for various other requirements that may arise. It includes costs associated with the arrangement and payment of emergency medical evacuation, repatriation and transport of mortal remains. It also extends its cover to ensure that the costs related to arrangement and payment of compassionate visits, return of minor children and convalescence expenses are taken care of. Out of the three plans available, those opting for Plan A or Plan B of the travel cover also benefit from having their dental emergencies and other catastrophic incidents covered. With different packages to suit the varying needs of its diverse clientele, the medical expense cover offers a wide range of benefits to the covered member  

Mr. Mehdi Salim Al Harthy, General Manager – Distribution Channels, Takaful Oman Insurance Co, said, “It is our pleasure to announce this milestone in our partnership with Sohar International where we have collaborated to offer a value added travel takaful for its esteemed customers. We aim to create a hassle-free travel experience for the bank’s customers knowing that they are covered by Takaful Oman. The three travel takaful variants along with COVID-19 cover for international travelers would provide them peace of mind in their entire journey. We believe this is a great opportunity to enhance our partnership by enabling our combined propositions in addressing the bank’s customers` needs”.

Going the extra mile to offer added value to the covered member, the plan extends free medical assistance cover which includes services such as telephone medical advice, referrals from medical service providers and arrangement of hospital admission. Not undermining the need for continuous observation, it includes monitoring medical conditions during and after hospitalization. Taking into consideration all aspects of medical care in a foreign country, it also includes medical translation services and delivery of essential medicine.

Sohar International continues to deliver with the purpose of enabling people to win, by investing in itself and its capabilities.  This not only contributes towards the enrichment of the bank’s stakeholders but also towards developing the socio-economic scene within the country thus making Banking more meaningful for the people of Oman.

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About Sohar International

With the vision to become a world-class Omani services company that helps customers, community and people to prosper and grow, Sohar International operates with a view to help people 'win' by delivering responsive banking for their ever-changing world, complementing their growth and prosperity with international standard service delivery. The Bank seeks to redefine banking in Oman through transformational developments centered on the principles of More Velocity, making everything simple and fast; More Value, ensuring relevance and connectivity to customers’ world; and More Vision, liberating stakeholders through talented leadership.

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© Press Release 2021