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05/04/2021 | Press release | Distributed by Public on 05/04/2021 00:27

BBK offers exceptional motor insurance services

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BBK, Bahrain's pioneer in retail and commercial banking, continuously strives to present its customers with the finest services and convenient solutions to further enhance their banking experience.

BBK is proud to introduce the first of its kind 'Equal Payment Plan' in Bahrain from Secura starting this Ramadan. Through this plan, all BBK customers who wish to purchase motor insurance policies from Secura are given the option to pay for their motor insurance policy in small equal monthly installments ranging from a minimum of 3 months and maximum of 11 months, based on their preference. The offer is made available to all customers who transfer their salaries to BBK.

BBK's insurance product Secura is provided by Bahrain Kuwait Insurance Company (GIG Bahrain), the only national insurance company that holds a financial rating of A- and operates in both in Bahrain and Kuwait. This offer is a result of the ongoing strategic partnership between BBK and BKIC as they have been providing high quality insurance products to all BBK customers since the inception of Secura back in 2000.

Dr. Adel Salem, General Manager of the Retail Banking division at BBK commented: 'We are proud to be the first Bank in Bahrain to work hand in hand with GIG Bahrain, a leading insurance provider to offer the Equal Payment Plan which will offer our esteemed customers premium motor insurance policies at affordable and lenient repayment terms. Our customers can now pick the policy that suits them best and chose a repayment tenor between 3 and 11 months without any interest or charge.'

Dr. Abdulla Sultan, GIG Bahrain's Chief Executive Officer commented: 'We are proud to collaborate with a leading and reputable bank such as BBK to provide our customers with greater protection and additional benefits to their insurance policies and we hope that this partnership will spring further collaboration projects with BBK in the future. This is the start of our digital bank assurance plan and various other initiatives we have planned together with BBK which we will hopefully launch very soon.'

It is worth mentioning that premium comprehensive motor insurance policies include windscreen protection, no depreciation on spare parts, coverage all over the GCC, premium rate will not be affected as a result of hit and run cases, and many more features of your choice.

Furthermore, in addition to motor insurance, BBK's leading insurance brand Secura offers travel and home insurance at all its branches.

For more information on this BBK offering, please contact the Call Centre on 17207777 and BBK employees will be pleased to be of assistance.