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Noor Takaful Launches UAE's First Easy Payment Plan For Motor Insurance

Cost Can Be Spread Over A Year At No Extra Cost

Dubai-UAE: 08 May, 2013 – Noor Takaful, the Islamic insurance arm of Noor Investment Group, today announced the launch of its market leading Motor Takaful Easy Payment Plan, which allows policyholders to spread the annual cost of their motor insurance into three, six or 12 equal instalments at no extra charge.

Noor Takaful is the first UAE Islamic Insurance provider to introduce instalments for the payment of motor insurance.

Initially, the service is available to policyholders with an annual contribution of AED1,000, or more, and who pay by either Mashreq or Emirates National Bank Dubai (ENBD) credit cards. Other partner credit cards will be added in the coming months.

Andrew Greenwood, Chief Operating Officer, Noor Takaful, said: “We are delighted to introduce our market leading Motor Takaful Easy Payment Plan which allows policyholders to spread the annual contribution out over a year, at no extra cost! We believe that this will move the market paradigm from pure price to one more focused on household budget management.”

Interested customers can contact Noor Takaful on email or call 800 6667.

Noor Takaful was created to provide ethical, Sharia'a compliant, innovative, unique and comprehensive Takaful (Islamic insurance) products that support the growing needs of the UAE economy and the GCC. Noor Takaful seeks to offer a broad suite of general products with affordable prices to cater to the entire stream of individual customer segments, in addition to packages for corporate sectors clients.

Posted by : Dubai PR Network Editorial Team
Viewed 9925 times
PR Category : Banking & Investments
Posted on : Wednesday, May 8, 2013  2:02:00 PM UAE local time (GMT+4)
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