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Bancassurance from UFC is a unique scheme which provides the customer availing finance (the borrower) peace of mind as they acquire the asset.
Under the Bancassurance scheme, our existing customers can avail cover for assets financed by us and also life insurance to individual borrowers. The insurance amount is offered based on asset description and asset cost. Only UFC customers are eligible to apply for this product. |
UFC is the only company in Oman offering a comprehensive asset insurance cover with fixed premium for a period of 5 years, and also offering repayment in instalments up to 5 years.
Documentation Required:
Identity Documents – National ID and / or Commercial Registration
Financial Details – Balance Sheet and / or Net Worth Certificate
Expert Valuation Report from Approved Valuer |
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