Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Oman Insurance to Provide Financial Relief to Motor Clients
 
Oman Insurance to Provide Financial Relief to Motor Clients

Dubai, April 12, 2020:   Oman Insurance Company has announced its retail motor customers will receive 30% of their monthly premium for April and May as a discount when they renew their policy.

As the public stays home to reduce the spread of COVID-19 within the UAE population, Oman Insurance has witnessed a drop in accident claims, compared to the same period last year. “In these trying times, we are determined to support the community by sharing the temporary and unusual profits on motor insurance back with our clients.” said Jean-Louis Laurent Josi, CEO of Oman Insurance. 

Oman Insurance has created an AED 5M relief fund to help its customers during these challenging times. The financial support will be offered to individual and corporate retail clients who will renew their policy with Oman Insurance until end of March 2021*. The company expects the claims to increase again as the restrictions on movement are lifted.

Oman Insurance has also materially improved its web capabilities to allow clients to buy or renew their policies from the safety of their home. Thanks to these improvements, hundreds of clients have already obtained their motor policy in less than 10 minutes and proceed with the car registration online as testing requirements have been waived for three months.

In addition, customers from all distribution channels can take advantage of Oman Insurance’s current partnership with major banking partners – such as Mashreq, ENBD and ADCB - to convert their premiums into monthly installments at 0% interest rate.

The monetary relief is part of a series of actions done by Oman Insurance to support clients and partners, which started with paying over AED 100M to Health Care Providers by shortening the payment circle and continued by offering many healthcare members access to doctors via phone for free. 

*Oman Insurance Company reserves the right to discontinue and/or alter the above financial relief at any time. 


Posted by : Dubai PR Network Editorial Team
Viewed 5386 times
PR Category : Banking & Investments
Posted on : Sunday, April 12, 2020  2:57:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Mashreq Posts AED 450 Million Net Profit for 1Q 2020
Next Story : The COVID-19 Coronavirus is the Catalyst That Reveals the Fr...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Pandora ME for Every Side of You [4457-Views]
Code 11.59 by Audemars Piguet – New Tones of Elegance [4424-Views]
“CATRICE” Perfect Look for “Back to the Office” [3526-Views]
Your Guide to Choosing the Right Face Mask [3350-Views]
TishTash Eid Al-Adha Gift Guide 2020 [2767-Views]
Get Summer Ready With Magnitone London! [2722-Views]
Newest LG True Wireless Earbuds Self-clean, Sound Great With Meridian Audio [2628-Views]
Newly Launched HONOR 9A Offers Stunning Photography Anytime Anywhere [2595-Views]
Wonder Ingredients For Powerful Skincare [2505-Views]
10 Million Plastic Packaging Saved: Grohe Launches Initiative to Reduce Plastic [2239-Views]
Taste the Summer With Wild & the Moon's Latest Menu Drop! [2177-Views]
Dubai Well Poised for Growth in New Business Entities' [2169-Views]
Smash Summer Fitness Goals with 100 Workout Modes on the HONOR MagicWatch 2 [2128-Views]
Nahdi Medical Company Transforms its Financial Management with Infor [2120-Views]
Tonda 1950 Lune' [2050-Views]
Comprehensive Study of Refugee Children's Academic, Social, and Emotional Learning Outcome... [1988-Views]
The New Season of Master Maserati Programme Gets Underway [1984-Views]
70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid Pandemic, ... [1972-Views]
Six Ways LG's Puricare Air Purifiers Can Help Families Improve Air Quality at Home [1972-Views]
Alstom at Forefront of Hygiene & Safety Innovation for Transport & Mobility in a COVID-19 ... [1935-Views]
Hitachi ABB Power Grids Commences Operations [1857-Views]
Karl Lagerfeld Announces Collaboration With Designer Kenneth Ize [1845-Views]
Three UAE Students Bag Coveted Princess Diana Award for Outstanding Social Initiative [1837-Views]
Meet the #Sephorasquad Middle East Members! [1816-Views]
Honeywell Launches Innovative Cooling Technology for Electronics, Data Centers [1792-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories