Additional Golden Shield features include
- Low monthly premiums, starting from AED 200
- Capital Guaranteed funds with additional terminal bonus
- No administration and fund management charges
- Double benefits for your life insurance (Double Death Benefit)
- Monthly income options through the Family Income Benefit
- Waiver of premium benefit
- Minimum documentation, no medical examinations until the age of 45
Golden Shield
The Golden Shield life insurance plan from Mashreq is designed to provide you and your family with the most comprehensive financial protection for the future. Golden Shield give you the flexibility to choose from premiums starting at AED 200.
On the maturity of the policy you will receive an amount equal to the total contributions payable under the policy. You will also be eligible for a provision of a maturity benefit as well as bonuses at the end of the term. In the unfortunate event of your death or total disability Golden Shield provides:
- Immediate payment of the Death Benefit, equivalent to the maturity benefit to the beneficiary of the policy
- Waiver of all future premiums while all benefits remain operational according to the policy
- Payment of a Family Income Benefit, a monthly annuity equivalent to the monthly premium to the beneficiary, designed to help with the monthly expenses
- Guaranteed payment to the beneficiary of amount equivalent to the total contributions payable under the policy as well as a terminal bonus on completion of the policy term
Free Look
All Customers shall have a free look-in period of 15 days from the date of acceptance of risk, for reviewing the policy terms and conditions.
