Personal Takaful Group Credit Life Takaful
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Group Credit Life Takaful

Protect your family from your outstanding QIB Finance dues in case of death or disability with Group Credit Life Takaful.

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Takaful details

Death benefit coverage: Covers the outstanding finance, helping your family own a debt-free asset and secure their financial future.

Permanent total disability coverage: Covers the outstanding finance if injury or illness permanently prevents you from working, helping you to live a dignified life.

Coverage scope: All your QIB financings are protected - personal, home, car, and more.

  • Death (Participant)
  • Total Permanent Disability (Participant)

Coverage duration: Protected throughout your entire financing term, offering peace of mind to you and your family.

Automatic coverage: Get Group Credit Life Takaful automatically with your QIB financing to protect your financial commitments against uncertainties.

  • Applicable facility: Coverage applies only to finance facilities granted by QIB.
  • Takaful coverage duration: You are protected for the entire duration of your QIB finance facility.

Disclaimer: The product mentioned above is designed and underwritten by Daman Islamic Insurance Company (Beema). It contains only general information. It does not constitute an offer to buy or sell a Takaful plan, or service nor is it intended to provide any financial advice. Any person interested in this plan should read and consider its complete terms and conditions before making a decision. Please request the same from your branch or your relationship manager at QIB.

Frequently asked questions

With this takaful life insurance , you can get death or permanent disability cover for unpaid finance dues, ensuring peace of mind to your family members after an unfortunate event.

QIB’s Group Credit Life Takaful policy can cover your all your QIB financing outstanding dues, if you opt for it.

Claim procedure:

1. Your family must notify Beema/QIB of the claim(s) within the agreed period and to provide the required document .

2. Furnish all required documents to Beema within the agreed period from the date of intimation.

3. If your family is providing a non-Qatari document, they need to get attested for verification before the final settlement of claim.

4. The Beema Company shall not be liable for the claim reported following the completion of the agreed period in the policy.

5. Required documents in case of a claim.

Permanent total disability (PTD) is a condition in which a permanent impairment significantly affects an individual's ability to work

For any clarification or assistance, the Participant may contact Damaan Islamic Insurance Company (Beema) Advisor Representative at Telephone Numbers listed below during office hours (7:00 a.m. to 3:00 p.m.).

Telephone : +974 44050555

Or send an e-mail to: info@beema.com.qa

QIB’s Group Credit Life Takaful covers only financing products. Credit cards are covered in Credit Sheild Takaful product.