Short Term Disability Insurance - Short term disability insurance is a type of insurance plan designed to compensate for the lost income due to a disability
Buy a term plan and secure your family
The Pure Protection (Term Insurance) Plan provides the benefit of protecting the dreams and wellbeing of the certificate holder’s (policyholder’s) family in case of the former’s unexpected death. This economical Noor takaful term insurance plan offers coverage for a duration selected by the certificate holder him/herself, on the condition that he/she pays all the contributions.
This Takaful (insurance) plan is suitable for various short-term objectives such as coverage of financial payments in the event of the certificate holder’s untimely death.
The table below shows the highlights of the Noor takaful term life insurance plan.
|Plan Tenure||Five, seven, ten, or fifteen years|
|Plan Currency||UAE dhirams|
|Minimum Sum Covered||AED 100,000|
|Maximum Sum Covered||AED 750,000|
The Pure Protection (Term Insurance) Plan provided by Noor Takaful comes with a wide range of benefits and features that make it popular amongst applicants.
The certificate holder can enjoy mental peace as he/she is covered globally with the Noor takaful term insurance policy.
The certificate holder can enjoy the benefits of this term plan without undergoing a medical check-up.
Noor Takaful Pure Protection (Term Insurance) Plan offers two options - Annual contribution and Single contribution.
The grace period on this Takaful certificate is 31 calendar days from the previous contribution due date.
If the contribution is not paid within the determined grace period, the plan is converted to a paid-up plan without Takaful benefits payable. However, an early surrender amount will be paid, if eligible.
The company offers a fixed amount of cashback at the time of maturity, based on the tenure of the Noor takaful term life insurance plan.
The table below shows eligibility requirements for the Pure Protection (Term Insurance) Plan.
|Minimum Entry Age||18 years|
|Maximum Entry Age||60 years|
|Maturity Age||75 years|
|Nationality||Residents with any nationality having a valid UAE residence visa|
The following table shows the inclusions of the Pure Protection (Term Insurance) Plan.
|Death Benefit||Coverage for death due to any cause except suicide (suicide is excluded for the first 12 months)|
|Maturity||Fixed cashback based on the Takaful certificate tenure|
|Terminal Illness||20% of the sum insured, up to AED 150,000|
|Repatriation Benefit||AED 5,000|
As a Shari’ah-compliant full-service Takaful company, Noor Takaful is committed to providing responsible Takaful services to its customers. These services are tailor-made to suit their particular personal and business requirements.
With its Pure Protection (Term Insurance) Plan, it gives the certificate holder an opportunity to secure the dreams of his/her family and provide them with financial security for when the certificate holder is not around. This economical plan can be used to cover financial payments of various kinds.
The claim process for a Noor takaful term insurance plan is easy and convenient. It can be done in 3 simple steps.
The policyholder or applicant can contact the company through its customer care number 600 50 50 57, through WhatsApp on +971 50 803 7147, or through e-mail on firstname.lastname@example.org.
You will have to submit a duly filled application form, a copy of your passport along with the visa page, and your Emirates ID along with originally sighted initials.
If you fail to pay the contribution amount in the grace period, the Noor takaful term insurance policy will be converted into a paid-up plan without any Takaful benefits payable. But, the early surrender value would be paid, if eligible.
No, you do not have to undergo any medical check-up to obtain a Noor Takaful Pure Protection (Term Insurance) Plan. However, a health declaration - contained in the proposal form - has to be signed.
The terminal illness benefit pays 20% of the sum cover (up to AED 150,000) if the certificate holder is diagnosed with a terminal illness. Terminal illness is a disease that cannot be cured entirely and will most likely result in the demise of the certificate holder within 12 months from the date of diagnosis.