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Bank Muscat offers special home insurance plans from AXA Insurance

MUSCAT, 1 September 2020 

Furnishing homes with treasured possessions can take a lifetime, but sometimes, accidents and disasters can happen when least expected. In an effort to provide maximum protection at this critical time when people all around the country are spending more time at their homes, Bank Muscat, the leading financial services provider in the Sultanate, has announced the availability of home insurance plans through its special bancassurance partnership with AXA, a worldwide leader in insurance and assets management. These plans, which can be easily purchased online, offer excellent protection against unexpected loss or damage to property and personal belongings.

Abdullah Tamman Al Maashani, DGM – Institutional Sales and Product Development, Bank Muscat, said: “Bank Muscat is proud to join hands with AXA Insurance, which is one of the world’s largest insurers, and provide an innovative home insurance plan for the benefit of all its customers. This bancassurance collaboration helps the bank enhance the value proposition to its customers. Our customers will be able to take advantage of the extra coverage provided by this plan, at extremely competitive rates, by easily purchasing the plan online from the comfort of their homes.”

Franck Heimburger, Chief Personal Lines Officer in AXA (Gulf) said, “AXA home insurance is the perfect solution to protect yourself from unexpected events that can take away the possessions you value the most. With more people working from home than ever before, we found that home protection has become crucial to individuals that are spending that extra time in their premises. This has also pushed us to enhance our digital journey to ensure that customers en¬joy a tailored and seamless experience when buying, re¬newing and claiming AXA insur¬ance products; all of which can be done completely remotely from the comfort of your home. Having said that, we are happy to offer this great plan at an affordable and competitive price, with home insurance policies starting as low as RO 1.8 per month. Simply, choose the option that provides the best coverage for your unique needs, and rest assured that you and your loved ones will be protected against unexpected contingencies.”

AXA’s home insurance plan provides great value for both homeowners and tenants. It offers protection for the building and its contents against fire, explosion, lightning, earthquakes, accidental damage and breakage of fixtures etc. It also offers a worldwide personal belongings cover for valuables including passports, driver’s licenses, legal documents, jewellery, watches, music, sports and portable equipment, laptops or any item which customers might carry outside their homes. AXA home insurance plan offers owner liability, as well as tenant liability to protect against any claim made against owners and tenants, and it also has a provision to cover the cost of an alternate accommodation in case a customer cannot stay at their home for a period of time following an unexpected event.

Purchasing home insurance is now as easy as going to https://www.axa.om/en/home-insurance-bank-muscat, comparing and choosing the required covers, getting a quote from AXA and completing the purchase online, all from the relative safety and comfort of one’s home. Customers can also call 24032666 for more information about the home insurance plan.