Union National Bank (UNB) has signed a strategic partnership with Orient Insurance PJSC recently at UNB offices for distributing Orient Insurance products through UNB branches across the UAE.
This marks the partnership of two leading brands in Banking and Life Insurance to provide world-class savings, protection plans and comprehensive life insurance solutions to its customers, through dedicated insurance specialists.
As part of the launch, a range of capital guaranteed products across diverse categories such as Children’s Education, Women care, Savings and Life Insurance will be launched and promoted across all UNB branches in the UAE.
Speaking on the occasion, Mr.Hani Badrawi, Executive Vice President, UNB, said, “UNB’s key focus is to encourage customers to understand the long term benefits of savings and securing future aspirations and needs through secured saving plans, children’s education or marriage, pension, travel, etc. UNB now has the entire range of capital guaranteed Bancassurance products that fulfills the customer’s immediate and future financial & non-financial needs, and these products are: (LifeShield, TriPlus, EduCare and WomenCare) from Orient which are amongst the best in the market. In addition we will also provide our customers the facility of paying premiums conveniently and flexibly either through monthly, quarterly, half yearly, and annually payments.”
Mr. Omer Hassan Elamin, President – Orient Group, commented, “We are proud to tie up with Union National Bank, providing a bouquet of products including capital guaranteed products, offering financial stability and protection benefits. We are confident that our products will facilitate UNB customers achieving their financial goals.”
The launch of this initiative is in line with UNB’s multidimensional approach aimed at targeting all segments of the UAE community via various socioeconomic initiatives. The bank has recently launched a number of initiatives as part of this holistic approach aimed at enhancing customer service offerings as well as providing flexible business operations and energizing civic responsibility programs.
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Tuesday, August 5- 2014 @ 16:19 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.