Life Insurance Dubai by RAKBANK

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Life Insurance in Dubai UAE – Life Insurance Dubai by RAKBANK Contact Details, Telephone Numbers, Website, Address, Location Map, Direction, Photos, Videos, Opening Hours, Email Address, Sale Promotions, Offers & Deals.

RAKBANK

Address: Next to the Mazaya Shopping Center, Sheikh Zayed Road, Dubai, United Arab Emirates
Tel: +97142130000
Email: contactus@rakbank.ae
Website: www.rakbank.ae

Life Insurance Dubai by RAKBANK

Life Insurance Dubai by RAKBANK – Life insurance or life assurance is cover provided by an insurer where the insurer promises to pay a designated beneficiary a sum of money (the “benefits”) upon the death of the insured person. Depending on the contract, other events such as terminal illness or critical illness may also trigger payment. The policyholder typically pays a premium, either regularly or as a lump sum.

Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot and civil commotion.

Life insurance tends to fall into two major categories:

Protection policies – designed to provide a benefit to cover a specified event, typically a lump sum payment. A common form of this design is term insurance and it can be a temporary cover as it is limited to the occurrence of a triggering incident during the period of cover.

Investment policies – where the main objective is to facilitate the growth of savings by investing on a regular or lump sum premium basis in various investment vehicles to generate returns based on the risk appetite of the policyholder.

Whether a client is looking for protection or an investment to provide for future generations, RAK Insurance is able to cover most eventualities and with our transparent approach and working closely with clients, is able to offer products and services that meet or exceed customer needs and expectations.

RAKBANK

RAKBANK – RAKBANK, also known as the National Bank of Ras Al-Khaimah, is one of the oldest and most dynamic banks in the UAE. Founded in 1976, the Bank underwent a major transformation in 2001, with a shift in focus from corporate banking to retail and small businesses.

Today, the Bank offers a wide range of personal and business banking services throughout its 35 branches and its portfolio of electronic banking solutions, which include Telephone, Online, and Mobile Banking. It also offers Sharia-compliant personal and business banking services via its Islamic Banking unit, RAKBANK AMAL.

RAKBANK is a public joint stock company, headquartered in the emirate of Ras Al-Khaimah, in the UAE. Its Head Office is situated in the RAKBANK Building on Sheikh Mohammed Bin Zayed Road in Ras Al-Khaimah. The Bank is 52.76% owned by the Government of Ras Al-Khaimah and its shares are publicly traded on ADX. The Board of Directors consists of several members of the ruling family of the emirate of Ras-Al Khaimah and businessmen from UAE and Kuwait.

RAKBANK is a proud member of the UAE Banking Federation (UBF) and as such, abides by the UBF stipulated, Customer Charter for all member banks. We concur with the Customer Charter to promote trust and best practices across financial services industry, providing customers with clear guidelines about the standard of service they can expect from their banks.

Compliance Certificate
The USA PATRIOT Act was approved by US Congress. As a part of implementation the US Department of the Treasury requires Covered Financial Institutions to obtain certain information from Foreign Banks for which they maintain correspondent accounts in the United States.

AML & CTF Policy Statement
US Patriot Act Certificate
Wolfsberg Questionnaire
Certificate W8-BEN-E

RAKBANK

Address: Next to the Mazaya Shopping Center, Sheikh Zayed Road, Dubai, United Arab Emirates
Tel: +97142130000
Email: contactus@rakbank.ae
Website: www.rakbank.ae

Life Insurance Dubai by RAKBANK Dubai UAE | Life Insurance Dubai by RAKBANK Contact Details, Reviews, Location Map, Telephone Number, Address, Working Hours, Photos & Videos of Life Insurance Dubai by RAKBANK in Dubai UAE. Find Life Insurance Dubai by RAKBANK in Dubai business directory with contact details, telephone numbers, email addresses, websites, location maps, driving directions, deals, offers, prices, costs, reviews and ratings.

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