Personal & Auto Loan Insurance

Wwe are a leading provider of credit insurance products covering short term and unsecured loans, such as personal loans and auto loans.  Our international experience  combined with our knowledge of the local market gives us the ability to design products that meet your needs and the needs of your customers.

The following features make our solutions unique and exclusive in this market:

  1. Our solutions offer insurance cover on loans of up to KD 250,000 for Kuwaiti Nationals and up to KD 25,000 for Expatriates
  2. Our products are competitively priced, making them affordable to your customers - across all your segments
  3. We offer your customers access to the widest networks of hospitals, clinics and doctors in Kuwait
  4. We have a robust and efficient application processing system which means that your customer can receive his or her loan disbursal at the earliest
  5. We offer a choice of two types of insurance solutions. They are: 
    1. Length of Loan Policy : In this type of policy, the insurance rate is determined on a case by case basis and guaranteed for the entire loan tenor.
    2. Yearly Renewable Term policy :  In this type of policy, the insurance rate is usually an average rate and is applied to all insureds. This rate is reviewed annually depending on the claims experience of the policy.
  7. Our offer to you is backed by one of the best service teams in the industry with clearly defined benchmarks for transaction processing and handling enquiries.
Product Details

Coverage

Our solutions are tailor-made to suit your requirements and can cover the following :

  • Death due to any cause
  • Permanent Total Disability due to accident or sickness
  • Temporary Total Disability due to accident or sickness
  • Critical Illness
  • Terminal Illness
  • Involuntary Loss Of Employment
  • In-Hospital Cash

Eligibility
Any customer of the bank or financial institution, between the ages of 18 and 65

Medical Requirements
This would be based on the age of the borrower and the amount of cover required

Payment Modes 
Premiums can be paid on a monthly basis or as a one-off payment (single premium)

Claims 
You will enjoy a high level of service, together with efficient claims settlement.  

MetLife group insurance policies contain certain exclusions, reductions, limitations and terms for keeping them in force. Contact your MetLife representative for more information.

Talk to MetLife
Talk to MetLife
Credit Insurance

Insure your lifestyle

Read Samir's Story
Mortgage Protection

Mortgage protection for your home

Read Zara's Story