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Motor Insurance

Benefits

Oman Arab Bank and National Life & General Insurance Company have put together a comprehensive Motor Insurance plan for Oman Arab Bank customers. Whether you are buying a new car or renewing your existing car insurance, we can provide you the best cover with affordable prices.

Motor Comprehensive Benefits

  1. UAE cover FREE
  2. Attractive motor insurance rates
  3. AAA card roadside assistance (optional)
  4. STF cover
  5. Agency repair for brand new vehicles – Up to 1 year from date of first registration

In addition to the Comprehensive cover, NLGIC also provides Third Party cover plans.

Premium

NLGIC will provide the best affordable prices with a minimum premium of OMR 135 for comprehensive insurance and OMR 55 for third party insurance (terms and conditions apply).

Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444. Or contact NLGIC on Telephone +96824730999 / Mobile +96898588565

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Motor Policy Contract

The motor insurance policy is a contract between the insured and NLGIC insurance not the Bank.

Health Insurance

Benefits

Introducing National Life and General Insurance Company’s unique Health Insurance Plans for Oman Arab Bank customers . It covers you for both inpatient and outpatient medical services and much more.

Benefits :

  • It uniquely covers both in-patient and out-patients.
  • Offers Cashless facility.
  • Option of In house pharmacy access
  • Coverage for hospitalization, pre and post hospitalization expenses.
  • Option for optical & dental cover.
  • Competitive premium rates and simple procedure for joining.
  • No medical tests for admission. And simple claims process.
  • Less than 24 hours hospitalization also covered for specified treatments
  • In house settlement – no hassle of approvals from third party authorization.
  • Family discount on premium is available.( (Discount up-to a maximum of 7.5% depending on the size of the family)
  • Alternative Medicines covered
  • Pre-Existing and Chronic Conditions* (from second year onward)

Available programs:

Territorial Limit Cover Silver Gold Platinum
Territorial Limit – Elective Treatment Oman, India, Sri Lanka, and Bangladesh only Yes Yes Yes
Thailand only No Yes Yes
Other countries Yes Yes Yes
Territorial Limit – Emergency Treatment Worldwide excluding USA and Canada Yes Yes Yes

*Policy fee at OMR 3 per policy shall apply

Premium

Age Bracket wise Premium in OMR

Silver              
Annual Limit (OMR) 0-11 11-25 26-35 36-45 46-50 51-55 56-60
2,000 154 120 145 160 220 235 275
3,000 170 132 160 176 242 259 303
5,000 196 152 183 202 278 297 348
Gold              
Annual Limit (OMR) 0-11 11-25 26-35 36-45 46-50 51-55 56-60
2,000 204 155 187 206 283 303 354
3,000 236 170 205 227 312 333 389
5,000 257 195 236 261 358 383 448
Platinum              
Annual Limit (OMR) 0-11 11-25 26-35 36-45 46-50 51-55 56-60
5,000 270 206 249 275 378 404 473
10,000 310 237 287 316 435 464 544
Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444 or contact NLGIC on Telephone +96824730999 / Mobile +96898588565

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Health Insurance Policy Contract

The Health Insurance policy is a contract between the insured and NLGIC insurance not the Bank

Travel Insurance

Benefits

Now travel tension free with National Life & General Insurance Company’s Travel Insurance Plan for Oman Arab Bank customers. Should you face any emergencies such as medical or travel delay, we will be able to protect you financially.

Table of Benefits Sum Insured   USD Excess
Personal Accident $ 30,000
Medical & Other Expresses (Evacuation /Repatriation) $ 100,000 $ 50 of each and every claim.

Medical and other Expenses (except $ 150 each and every claim in respect of  travel to USA and Canada)

For Winter Sports – Excess of $ 250 each and every claim

Emergency Dental Care $ 500
Hospital Daily Benefits $ 10 per each 24hrs stay – max. $ 300
Cancellation & Curtailment $ 5,000 $ 50 of each and every Claim. Cancellation and Curtailment

(although deposit only claims $ 25 each)

Baggage & Personal Effects

–          Single Article limit

–          Jewellery and valuable limit

$ 5,000

$ 1,000

$ 1,000

$ 50 of each and every claim
Delayed baggage’s $ 500 $ 50 of each and every claim
Money /travelers /cheques/documents /passport $ 1,000 $ 50 of each and every claim
Travel Delay

Abandonment

Missed Departure

$ 120

$ 750

$ 2,500

$ 50 of each and every claim
Personal Liability $ 1,000,000 $ 50 of each and every claim
Hijack benefits $ 10 per each 24 hours – max. $ 200
Catastrophe cover $ 750
Premium

Premium in OMR

Period not exceeding Within the Arab Gulf States Europe and the Indian Subcontinent All countries except the US & Canada All countries including the US & Canada
Up to 5 days OMR 5 OMR 8 OMR 10 OMR 13
6 – 10 days OMR 8 OMR 12 OMR 15 OMR 18
11- 14 days OMR 10 OMR 16 OMR 17 OMR 23
15 – 21 days OMR 12 OMR 19 OMR 21 OMR 28
22 – 31 days OMR 15 OMR 23 OMR 26 OMR 34
32 – 45 days OMR 21 OMR 27 OMR 30 OMR 44
46 -60 days OMR 27 OMR 30 OMR 35 OMR 51
61 – 90 days OMR 33 OMR 42 OMR 50 OMR 70

*Rates indicated above are for Age up to 65 years.

Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444  or contact NLGIC on Telephone +96824730999 / Mobile +96898588565.

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Travel Insurance Contract.

The travel insurance policy is a contract between the insured and NLGIC insurance and not the Bank.

Home Contents Insurance

Benefits

Oman Arab Bank and National Life & General Insurance Company will help you protect your Home with our comprehensive Home & Content Insurance plan. Protecting your contents and valuables has never been easier with Oman Arab Bank.

Home content, Personal Belonging & Building Benefits:

  1. Fire, explosion ,lightning ,subterranean fire Storm, tempest and flood
  2. Riot, strike, malicious damage, vandalism damage by Aircraft, vehicle or animals
  3. Burst of pipes or tanks
  4. Theft or any attempt of theft
  5. Earthquake or volcanic eruption
  6. Property owner’s
  7. Breakage of fixed glass & sanitayware
  8. Architects and Surveys Fees
  9. Removal of debris

NLGIC insurance provides additional coverage on your Home content insurance which include:

  • Furniture, Fixtures
  • Home Appliances (including Air Conditioners & Washing Machines)
  • Entertainment Equipment (including TV sets & Home Theatre Systems)
  • Kitchen Appliances, Utensils & equipment’s Crockery
  • Furnishings, Furnishings, Bed-room Linen and Personal effects.
Premium

Home Contents Insurance

Option Plan 1 Plan 2 Plan 3
Cover Content Upto

RO 5000

Content Upto

RO 10000

Content Upto RO 20000
Personal Belongs Upto

RO 500

Upto

RO 500

Upto RO 500
Annual Premium RO 19 RO 37 RO 75

Building Insurance

Annual Minimum Premium OMR  50
Maximum Sum Insured OMR  1 Million
Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444. Or contact NLGIC on Telephone +96824730999 Mobile +96898588565

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Home Contents Insurance Policy contract.

The Home Content insurance policy is a contract between the insured and NLGIC insurance not the Bank.

Comprehensive Personal Insurance

Benefits

Ease the burden on your family by protecting yourself in the event of a permanent disability or worse with the Personal Accident Insurance plan from Oman Arab Bank and National Life & General Insurance Company.

Benefits Sum Insured
Natural Death OMR 3,000
Accidental Death OMR 8,000
Accidental Medical Expenses OMR 1,000
Permanent Partial Disability Due to Accident OMR 1,000
Repatriation OMR 500
Permanent Total Disability OMR 1,000 or 75% of  monthly income for one year ( whichever is lower)

*Entry Age from 18 to 54

Premium

OMR 21.300 per insured.

Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444 or contact NLGIC on Telephone +96824730999 / Mobile +96898588565

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Comprehensive Personal Insurance Policy Contract

The comprehensive personal insurance policy is a contract between the insured and NLGIC insurance not the Bank

Critical Illness Insurance

Benefits

Oman Arab Bank and National Life & General Insurance Company offers you the financial help to pay the costs associated with life-altering illnesses. Critical Insurance plan has been designed for Oman Arab Bank customers offering a lump sum payment when needed.

Illnesses covered by the policy :

  1. Heart Attack
  2. Cancer
  3. Kidney Failure
  4. Major Organ Transplant
  5. Multiple Sclerosis
  6. Stroke (Cerebrovascular Incident)
  7. Coronary Artery  Bypass Surgery
  8. Paralysis
  9. Blindness
  10. Loss of speech

Eligibility

This offer is for Oman Arab Bank Customers from the age group of 18-64 years. The cover ceases at the age of 65.

Premium

 Premiums

Self: OMR 77 per annum

Self & Spouse: OMR 130 per annum

Lump Sum benefit: OMR 5,000

  • Premium payment by account debit.
  • One person can take a maximum of two policies
  • Waiting period 90 days
  • Benefit shall be paid only once when one or more of the covered diseases/surgeries occur whether simultaneously or subsequently
  • Cover shall cease upon payment of benefit
  • Children are not eligible for the cover
  • All the insured persons should be legal residents of the Sultanate of Oman.
  • Territorial Limits: 24 hours worldwide
Enquiries

For more details visit your nearest Oman Arab Bank branch or call our “Fil Khidma” Call Centre on +96824754444. Or contact NLGIC on Telephone +96824730999 Mobile +96898588565

NLGIC Timing : 8:00 am to 5: 00 pm (Sunday to Thursday)

Disclaimer: This leaflet only provides summary information about products. Full details of terms, coverage, conditions and exclusions are contained in the  NLGIC Critical Illness Policy Contract.

The Critical Illness Insurance policy is a contract between the insured and NLGIC insurance not the Bank.