Bank Sohar Offers Customers a Host of General Insurance Products

Reinforcing its position as a leading turnkey financial service provider within the country, Bank Sohar continues to offer a range of comprehensive and competitive general insurance products in partnership with Vision Insurance, bringing added convenience to customers by tending to a broader range of their financial affairs.

The General Insurance products that consist of Motor Insurance, Home Contents Insurance, and Travel Insurance offered by the Bank, promise competitive premium and attractive benefits. In its commitment to empower customers towards an informed decision, the bank also hosts insurance experts from its partner Vision Insurance at selected branches across the Sultanate to aid customers in understanding suitable coverage based on the need and lifestyle.

Commenting on the bank’s General Insurance offerings, Mr Khalil Al Hedaifi, Chief Retail Banking Officer at Bank Sohar, said, “By continuously listening to our customers, we are constantly introducing and enhancing our products and services to cater to all our customer needs. Our insurance portfolio offers quality solutions crafted to deliver added value to our customers’ banking experience, and working in partnership with a trusted underwriter such as Vision Insurance further enables us to empower customers towards greater financial security on multiple fronts”.

The bank’s General Insurance policies accommodate a broad spectrum of modern lifestyles to meet market demand in extension of its life insurance portfolio. Protecting customers’ valued belongings against unforeseen circumstances, Home Contents Insurance policy offered by Bank Sohar covers customers against risks and perils such as fires, burglary, storms, floods, and earthquakes, as well as providing reimbursement for alternative accommodation in the event of covered peril should the premise become uninhabitable. The policy offers inbuilt benefits including public liability up to the value of OMR 100,000, personal belongings in transit, legal liability towards domestic helpers, and personal accident and accidental medical expenses to cover financial loss resulting from covered unforeseen events within the covered premise.

Travel insurance offered by Bank Sohar brings peace of mind to customers whilst travelling with various geographic plans, delivering superior worldwide emergency medical assistance and personal liability cover on expenses up to the value of USD $1,000,000, including treatment for new conditions, evacuations, and accidents. Additional protection extends to credit card fraud, mugging, hijacking, personal accident, and baggage loss & delay.

Motor Insurance policy by the Bank features comprehensive protection policies to safeguard customers in the event of an accident on the road and damage resulting from natural perils. One of the highlights and market leading features of this cover is that it allows free agency repairs for up to three years from with a car repair service from the dealer. Further benefits include roadside assistance, third party UAE extensions for a nominal fee, ‘No Claims Bonuses’ on renewal premiums, and off-road cover for 4WD cars for a nominal fee.