CBD Life Insurance In UAE

cbd

1 Life Insurance Provided By CBD Bank

CBD Life Insurance

 

About CBD

Commercial Bank of Dubai (CBD) offers a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE. The bank endeavors to build sustainable prosperity through extraordinary banking experiences. CBD commits to:

  • Authenticity
  • Simplicity
  • Partnership
  • Innovation
  • Responsibility
  • Excellence

Benefits of CBD Life Insurance

  • A range of life assurance and critical illness insurance options
  • Business Loan repayment cover
  • Key person insurance (death, critical illness, incapacity and personal accident )
  • Business premises, contents and all risks insurance
  • Stock and materials insurance
  • Vehicle insurance
  • Medical insurance coverage for self and staff
  • Employers liability
  • Public liability and professional indemnity cover
  • Tailored insurance backed investment and personal pension plans for business owners

Documents Required of CBD Life Insurance

  • National ID or valid passport with UAE residence visa and Emirates ID of all signing authorities and shareholders, if applicable
  • Valid legal and constitutive documents (i.e. Trade License, Certificate of Commercial Registration, Free Zone Certificate of Incorporation, Memorandum of Association, Partnership Agreement) as applicable
  • Power of Attorney or Board Resolution, if applicable
  • Proof of Address
  • Details of Ultimate Beneficial Owners
  • Bank Reference Letter and Company Profile, if applicable
  • No requirement for audited financial statements

Eligibility Criteria of CBD Life Insurance

Life Insurance

Minimum age 1 day, Maximum age 84 years