Orient International Term Plan

How Orient International Term Plan works?

Orient International Term Plan is a simple and economical solution for all your life insurance needs. It provides effective coverage against the uncertainties of life - death, illness & disability.

OITP policies have no value other than the chosen sum assured and optional rider benefits and don’t feature a savings component. If the policy term expires before your death or you live beyond the policy term, there is no maturity payout.

Why do I need Orient International Term Plan?

• Secure Your Family: Your family is attached to you emotionally and financially. The Sum Assured from the Orient International Term Plan can help your family achieve their goals even if something were to happen to you.
• Key Man Insurance: Key Man Insurance is designed to protect the life of a business from losses in the event of the death of a key employee. Companies can purchase Orient International Term Plan to ensure that the death of their key employees does not impact their productivity and profitability.
• Protect Your Assets: People take loans to help them purchase a car, a home, or a business. If something were to happen to them while repaying the loan, their family may have to deal with the loss of their income and a new financial burden. The payout from Orient International Term Plan may help their family deal with debt and protect their assets.
• High protection at low premiums: The Orient International Term Plan is very affordable and accessible to all classes since it provides a large amount of coverage at relatively low premiums. The earlier in life you purchase term insurance, the lower the premium.




 

Features & Benefits

• Same Premium Rates for Smokers and Non-Smokers.
• Inbuilt Terminal Illness Coverage.
• Inbuilt Passive War Risk Coverage.
• Option to add 37 critical illnesses rider as additional or accelerated benefit.
• Option to enhance coverage with the Permanent Total Disability Rider (due to accident or sickness) as additional or accelerated benefit.
• Available for up to AED 100,000,000 Life Assurance Coverage.

Next Steps

• Choose your sum assured for the Orient International Term Plan.
• Choose from optional riders like critical illness coverage and permanent & total disability coverage.
• Complete the application form.
• Submit your documents.

About the Company

Orient Insurance, a division of the Al-Futtaim Group, is the leading customer-centric insurance provider with over 40 years of experience in the UAE. As a robust composite insurer, Orient has great expertise in commercial, technical, life, and retail insurance products. Orient has the highest rating in the region with the highest gross written premium, equity, technical and net profit in the Emirates.

With a head office in Dubai, the company serves its clientele through an extensive branch network in Jebel Ali, Abu Dhabi, Al Ain, Sharjah and Ras Al Khaimah in the UAE, Muscat in the Sultanate of Oman, and Bahrain.

The Company is also accredited with ISO 9001 Quality Management Certification.

Orient Insurance Company has secured two ratings: ‘a+’ by A M Best and ‘A+’ by Standard & Poor’s. These ratings are not only the highest in the UAE insurance market, but we are the only company in the UAE that carries such a high combined rating.