Al Salam Insurance Services Co. LLC
Phone: +971 4 428 7400
Phone: +971 4 557 9774
Email: info@alsalamins.com

Al Salam Insurance | Services - Life Insurance

Life insurance (or commonly life assurance) is a contract between an insured (insurance policy holder) and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the "benefits") in exchange for a premium, 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 policy holder typically pays a premium, either regularly or as a lump sum. Other expenses (such as funeral expenses) are also sometimes included in the benefits.

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.

We at Al Salam offer a bouquet of products in Life, Savings & Investments from reputed international & domestic product providers. Product range includes.

Whole of Life Plan – Provides a range of comprehensive benefits to protect against the financial impact of death & illness. Allows you to change the levels of protection & benefit option as per your changing circumstances.

Critical Illness Cover – When a serious illness strikes it can have a devastating impact on almost every area of life & business. Making provision for the same can give you peace of mind and financial security.

Term Assurance – Provides easiest and most cost effective protection for your future financial security of your dependent’s in case of death or serious illness. It can also cover key person in your business and provide a cover for your mortgage and help you in securing your assets.

Regular Savings & Investments – We help you in making your dreams come true. Like an early retirement ensuring your children or grandchildren are well educated arranging a wedding taking a career brake or travelling the world. We help you intaking control of your finances, turning savings into a rewarding habit with versatile and flexible savings options.

Takaful Products – Sharia complaint products for you and your business

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