Insurance – Lifestyle Protection Plan

In association with Union Insurance, Najm Credit Card offers you comprehensive Lifestyle Protection cover, which ensures that you and your loved ones are protected from the burden of debt in the event of an unforeseen tragic event. For the first two months of taking possession of your card, Lifestyle Protection cover comes free of charge, thereafter a nominal fee of 0.95% of your outstanding balance will be charged per month.

Lifestyle Protection covers you in the event of :

Death due to any cause

In the event of the primary Cardmember’s death, any outstanding funds on the Najm Credit Card will be covered to a maximum of AED 100,000.

Permanent Total Disability (PTD) due to any cause

Where the primary Cardmember is permanently disabled, the outstanding balance will be covered to a maximum of AED 100,000.

Critical Illness

If the primary Cardmember contracts a critical illness, the Lifestyle Protection will cover the outstanding debt up to AED 100,000.Critical Illness

Involuntary Loss of Employment (ILOE)

Where a primary Cardmember loses his or her employment involuntarily, Lifestyle Protection will cover 10% of the outstanding balance from the date of the event, up to a maximum of AED 4,000 per Cardmember per month for a maximum of 12 months.

Hospital Cash Benefit

In the event of hospitalization for at least 24 hours due to illness or injury (not specifically excluded under Lifestyle Protection policy), indemnity of AED 200 per person per day will be paid for a maximum of 60 days.

For more information, please call Union Insurance Company at 800 UIC4U (84248).

Terms & Conditions [Insurance]
Lifestyle Protection claim form