Emirates NBD and Abu Dhabi National Insurance Company launch Protect Plus, a comprehensive insurance package

1 Min | 19 August 2015

Emirates NBD, a leading bank in the region, has joined with Abu Dhabi National Insurance Company (ADNIC) to launch Protect Plus, a new product that provides comprehensive life insurance to the bank's credit card customers.

Dubai, 19 August 2015: Emirates NBD, a leading bank in the region, has joined with Abu Dhabi National Insurance Company (ADNIC) to launch Protect Plus, a new product that provides comprehensive life insurance to the bank's credit card customers. Protect Plus covers individuals in the unfortunate event of death or disability and includes key supplemental related benefits such as involuntary loss of employment, critical illness and hospital cash benefit.

Commenting on the new product, ADNIC's CEO, Mr. Ahmad Idris, said: "At ADNIC, we place our customers at the center of our business and continually strive to develop new and innovative insurance products to meet their needs. Protect Plus is one such example of this and enables Emirates NBD to provide additional value to its credit card holders."

The introduction of Protect Plus follows the renewal of the partnership between Emirates NBD and ADNIC in which the Company provides protection for loans and certain life events to the bank's retail customer base through a series of bundled insurance products. This service has recently been extended by ADNIC to cover customers of Emirates Money, the consumer finance arm of the Emirates NBD Group.

Commenting on the launch of Protect Plus, Suvo Sarkar, Senior Executive Vice President & Group Head – Retail Banking and Wealth Management, Emirates NBD stated: "As one of the leading banks in the region, we are committed to offering our customers the right products to help fulfil their financial and protection needs. We are pleased to partner with ADNIC to provide Protect Plus, a great value-add for our credit card customers as it gives them increased security and protection.”

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