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Family Shield plus
Personal savings plan that provides you with guaranteed future security.
Family Shield plus is a simplified systematic savings plan bundled with Insurance protection, brought to you by RAKBANK and offered by Oman Insurance Company.
Benefits* that Family Shield plus offers include:
Savings Benefits at policy maturity
- 100% Money Back Guarantee
Insurance Benefits
| Event | Life Insurance Cover |
| Natural Death | Equal to Total Basic Premium Payable |
| Accidental Death | Twice of Total Basic Premium Payable |
| Accidental Death while travelling in a Common carrier aircraft | 20 times of Total Basic Premium Payable |
Claim Benefits
- Insurance benefits paid upfront
- Subsequent Premiums Waived off whilst the Plan continues till maturity
- Worldwide coverage with benefits payable in any country
- Shorter premium period for longer policy cover
| Premium Payment Term | Policy Term |
| 3 Yrs | 5 Yrs |
| 4 Yrs | 7 Yrs |
| 5 Yrs | 10 Yrs |
| 6 Yrs | 15 Yrs |
- Flexibility & Convenience
- Choice of policy terms
- Choice of payment frequencies: Monthly, Quarterly, Half Yearly or Annually
- Earn attractive Cashback on payment of premium through RAKBANK Credit Card
- No fund management or service charges
- Early withdrawal available from the third policy year
To Know more about Family Shield plus
- Apply Online, Click Here OR
- Speak to our agent, call us at 04-213 00 00 press 4 for Insurance OR
- Fix an appointment, email us at insurance@rakbank.ae
*Insurance is offered by Oman Insurance Company for customers and subject to approval. Insurance Policy Terms and Conditions apply.
