DOHA: QNB in partnership with MetLife Alico announced the launching of a ‘Salary Continuation Plan’ for customers and their immediate family members in the case of permanent disability, hospitalisation or the accidental loss of life, a release issued by QNB said yesterday. This plan ensures that in the event of sudden life changing situations, QNB customers and their families are taken care of financially.
QNB and MetLife Alico, a global leader in the insurance industry, have designed a simple ‘Salary Continuation Plan’. This programme is designed to protect customers through an easy and yet affordable plan. By putting away a small portion of their salary monthly, in the wake of unfortunate circumstances, QNB customers will have access to either a lump sum payout or a daily income.
One of the benefits of the programme is provided in the event of the accidental loss of life or the permanent total disability, in which QNB customers will have a lump sum payout of the individual’s last 12 month salary. The maximum pay out for this can be QR500,000. This will be credited directly to the individual’s QNB account and ease the financial burden in a difficult time.
The Peninsula
