Protect your loved ones.
Find the health plan that fits your needs and your lifestyle.
Insure you car at the most convenient rates in less than 24 hrs.
Our personal lines insure your most precious goods and assets.
BUPA is our international business partner.
One policy for all vehicles
Bespoke products for large corporations, SMEs and banks
Tailor-made health insurance plans for small and medium companies and large corporations.
Experts in Marine Insurance
Fire and General Accidents insurance
Solutions for contracting firms
General Aviation and Airline Insurance
Plan which help employees to secure their future.
SME Insurance Solutions.
Business Travel Insurance
Our Contractor's All Risk cover offers comprehensive and adequate protection against loss or damage in respect of construction works.
At Oman Insurance, our Group Life and Personal Accidents Products (GLPA) are tailor-made to the needs of our corporate clients. We offer bespoke products for large corporations, SMEs and banks. For banks and organizations with 10 employees our standard GLPA is recommended, whereas for small and medium size enterprises (SMEs) with nine or less employees we recommend a different product.
Our standard GLPA for corporations has two distinct aims; to improve employee benefits
and to cater to the Workmen’s compensation requirements, as per the UAE Labour Law.
Our GROUP Credit Life Insurance provides an automatic facility that ultimately protects
banks by insuring the lives of their borrowers. For quotations, contact OIC Life
Department directly on 04-XXXXX.
For organizations that have less than 10 employees, our SME policy comes with pre-defined
benefits, limits and premium rates. Proposal Forms are available for both the standard
and the SME products.
In the event of death (Natural or Accidental) of an INSURED PERSON, the PRINCIPAL
SUM in respect of that person shall be paid. PRINCIPAL SUM can be any of the following:
The following Exclusions shall apply for the BASIC BENEFIT only:
War invasion, act of foreign enemies, hostilities,
or war-like operation (whether war be declared or not), civil war, mutiny, civil
commotion assuming the proportions of or amounting to a popular rising, military
rising, insurrection, rebellion, military or usurped power or any act of any person
acting on behalf of or in connection with any organization actively directed towards
the overthrow by force of any Government or to the influencing of it by terrorism
resulting from Nuclear Weapons or Devices or Chemical or Biological Agents.
Engaging in aviation or any flying activity, other
than as a fare-paying passenger in a commercially licensed aircraft of a recognised
airline operating on a regular route.
Taking part or practicing
for any dangerous or hazardous sport or competition, including but not limited to
boxing, caving, climbing, horse-racing, jet-skiing, martial arts, mountaineering,
off-piste skiing, pot-holing, power-boat racing, under water diving, yacht racing
or any race, trial or timed motor sport.
Any breach of law or participation in
a criminal act by the insured.
The benefits shown below can be additional covers to the foregoing BASIC BENEFIT
but cannot be offered on a stand-alone basis.
In the event of accidental
death of an INSURED PERSON, an amount equivalent to the Principal Sum of that person
shall become payable in addition to the original Principal Sum.
In the event of Permanent Total
Disablement of an INSURED PERSON as a result of an Accident that incapacitates him
to follow his own/similar/any occupation, a lump sum amount equivalent to the PRINCIPAL
SUM shall be paid (Deferment Period: 12 months).
* Sickness component can be added to this benefit, however this cannot be offered
on a stand-alone basis.
In the event of Permanent Partial
Disablement as a result of an accident of an INSURED PERSON, a percentage of the
PRINCIPAL SUM, as per the Continental Scale of Benefits, shall be paid.
* Sickness component can be added to this benefit, however this cannot be offered on a stand-alone
In the event of temporary, total
and continuous disability as a result of an accident of an INSURED PERSON, a weekly
indemnity equivalent to 100% of actual declared weekly salary for a maximum period
of 52 weeks shall be paid.
* Sickness component can be added to this benefit, however
this cannot be offered on a stand-alone basis.
Compensation period can be increased to 104 weeks.
Waiting Period options:
In the event of bodily injury,
as a result of an accident to an INSURED PERSON, the necessary, reasonable and customary
medical expenses paid are subject to a maximum of AMOUNT per person per year.
AMOUNT can be a fixed amount of Dhs. 5,000/- or more, but, in general, shall not exceed
10% of Average PRINCIPAL SUM.
In the event of death (natural or accidental)
of an INSURED PERSON, the necessary, reasonable and customary expenses paid are
subject to a maximum of AMOUNT per person for transportation/burial of the body.
AMOUNT can be a fixed amount of Dhs. 5,000/- or more, but, in general, shall not
exceed 10% of Average PRINCIPAL SUM.
In addition to the List of Exclusions applicable for the BASIC BENEFIT, the following
additional exclusions shall apply for the OPTIONAL BENEFITS (RIDERS) only:
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