Dunia credit shield
What is dunia credit shield?
Dunia credit shield is an optional insurance
program currently being offered by Metlife Alico to all dunia Credit Card Customers. The card
member’s outstanding monthly balance is insured against
untimely death (due to any cause – sickness or accident)
or permanent total disability (due to any cause – sickness
or accident).
Key features and benefits
- 100% of the outstanding balance on the dunia credit
card is covered in case of Permanent Total Disability or
death of the Primary Cardholder only
- Affordable Premium at only 0.75% of your monthly
outstanding balance (75 fils for every AED 100 outstanding
on your credit card)
- For your convenience, the monthly premium will be automatically
billed to your dunia credit card
- 30 day free look period, where you can cancel the subscription
within 30 days from enrollment date
Eligibility
- If you are the primary Dunia Credit Cardholder between the age
of 18 and 64 and you are UAE resident, you can choose to be
enrolled to benefit from dunia credit shield.
- Dunia credit shield is not applicable
to co-borrowers and corporate entities.
IMPORTANT NOTE:
Credit Shield is offered through MetLife ALICO. Dunia may, from time to time,
change the insurer underwriting Credit Shield at the discretion
of dunia. Dunia does not offer insurance advice nor does it
guarantee claim reimbursements, underwrite, administer or
issue insurance policies. Dunia simply facilitates the provision
of insurance products to its customers and processes payments
of premium from the customer and forwards them to the insurer.
Please note that all insurance products are subject to the
exclusions, special terms and conditions and other provisions.
Please click
here for MetLife ALICO Credit Shield Terms & Conditions. In
addition to the terms and conditions of the insurer, the Dunia
terms and conditions will also apply and these are subject
to change without prior notice. Copies of these terms and
conditions are available at the Dunia offices and upon request,
or alternatively may be viewed on this website.
This information is for reference only and does not form
part of a contract of insurance.
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