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Welcome to
ArabBank
Lebanon

  • consumer-bankingEN
Consumer Banking / Cards /

Arab Bank Credit Shield

With Arab Bank Credit Cards, you can now take advantage of our comprehensive Credit Shield program which covers 100% of the outstanding credit card balance, in the event of death or permanent total disability of the Primary cardholder.

For a nominal monthly premium you can enjoy complete peace of mind knowing that your outstanding balance is covered should the worst happen.

Eligibility 
All Arab Bank Credit Cardholders between the age of 18 and 70 are automatically eligible to benefit from the Credit Shield Cover.

The cover will cease when the Cardholder attains 70 years of age.

Monthly Premium 
The monthly premium is 0.35% of the Cardholder’s monthly outstanding balance and will appear on the Card Statement.

Making a Claim 
Directly through the branch, the branch representative will provide all the necessary assistance to complete the claims process.

The insurance cover is subject to the terms and conditions of the insurance policy. The maximum insurance cover is USD 75,000 (or equivalent).

For the full insurance policy terms and conditions and all exclusions, please click here.

For more information, please call our Customer Care Center on 1591 if calling from Lebanon or 00961 1 962420 if calling from abroad.

 
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