More Savings, More Protection with 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

EventLife Insurance Cover
Natural DeathEqual to Total Basic Premium Payable
Accidental DeathTwice of Total Basic Premium Payable
Accidental Death while travelling in a Common carrier aircraft20 times of Total Basic Premium Payable

Claim Benefits

  • Insurance benefits paid upfront
  • Subsequent Premiums Waived off whilst the Plan continues till maturity
Other salient features include
  • Worldwide coverage with benefits payable in any country
  • Shorter premium period for longer policy cover
Premium Payment TermPolicy Term
3 Yrs5 Yrs
4 Yrs7 Yrs
5 Yrs   10 Yrs
6 Yrs15 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

*Insurance is offered by Oman Insurance Company and subject to approval. Insurance policy Terms and Conditions apply.


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