National Bonds

National Bonds “Individual Takaful Cover”

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Individual Takaful Cover

Introducing... The National Bonds
“Individual Takaful Cover”

Our mission at National Bonds is to consistently offer the most rewarding saving scheme to our valued bondholders. This is why National Bonds Corporation PJSC has partnered with Dubai Islamic Insurance & Reinsurance Company PSC (Aman) to provide you with more financial protection based on a Shari’a Takaful platform National Bonds Individual Takaful Cover.

As an appreciation of loyalty and as an added value to all eligible bondholders (as per the criteria of Eligibility contained below), the program presents the following benefits that give the eligible bondholders’ dependents additional financial protection:

 Individual Takaful Cover

Bond Value (AED)Takaful Benefit
100 - 10,000AED 5,000 flat
10,001 - 250,00050% of the bonds value
250,000 and aboveAED 125,000 flat


Eligibility:

    • The coverage will be provided to all individual bondholders of National Bonds from 12 months to 70 years old, who will immediately be eligible for this Individual Takaful Cover.
    • All eligible bondholders will only be covered for accidental death within the first 90 days of issuance of savings. Thereafter, bondholders will automatically be covered for any cause of death.

Claims Requirement:

  • Claim form completed & signed by the beneficiary(ies);
  • Original death certificate*;
  • Police report in case of accidental death*
  • Succession certificate stating the names of all the heirs and providing for a Nominee amongst them to act on their behalf;
  • Certified Copies of National Bonds savings certificates
  • Proof of IDs of bondholder & beneficiary
  • Other relevant documents required by Aman.


 

* Additional documents required in the case of death occurring outside the UAE:
Original death certificate from the country where death occurred attested by the UAE Embassy and UAE Ministry of Foreign Affairs.
Original Police report from the country where death occurred attested by the UAE Embassy and UAE Ministry of Foreign Affairs.