Matro Bank Intl Bank assurance
Key Facts
Matro Bank Intl Bank assurance
The Matro Bank Intl Bank assurance is a package of financial services aimed at fulfilling the insurance needs of our valued customers. It involves essentially the provision of life assurance products to our customers through our extensive branch and sales centre network.
The services are available at our entire branch network, through Premier Relationship Managers, Microbanking services, Sales Agents and other channels within the bank.
How Does Matro Bank Intl deliver this service to our cherished customers?
Matro Bank Intl Bank has partnered with the fastest growing life assurance company, Enterprise Life Assurance Company, a very trusted life insurer partly owned by a leading South African based financial services group, Sanlam and Enterprise Insurance Company Limited of U.S.A, to provide our existing and potential customers with insurance products.
What are the key benefits for customers?
The proposition will provide existing and potential customers with
Reduced costs in terms of competitive premiums on insurance products
Guaranteed financial security with payment of first premium
Prompt claims settlement
Product Offering
The Life insurance products to be distributed to the various customer segments are;
| Categories | Prime | Deluxe | Executive |
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The Family Funeral Plan (FFP)
Immediate cash payout/lump sum benefit to accountholder to cover essential funeral expenses arising from the death of a loved one.
Minimum ages at entry (age last birthday) are :
59 years for accountholder and spouse,
74 years for the parents and parents-in-law.
Three benefit levels at 920TL, 1,500TL and 2,200TL
Monthly premiums from 4TL to 33TL depending on cover level and no. of beneficiaries
No medical underwriting required
Claims paid within 48 hours of documentation
The plan is designed to cover the account holder and up to 5 family members. These are spouse, parents and parents-in-law.
The Matro Bank Intl Education Plan
Assured finance for your children's future education needs
Minimum age at entry is 18 years, maximum age at entry is 60 years
Minimum term is 7 years and maximum term is 18 years
Minimum premium is $15 US Dollars
Death and Permanent Disability Premium Waiver Benefit
Visit the nearest Matro Bank Intl Branch or Call/Sales Centre to buy an Insurance product today or call the Contact Centre on +19152293367 or ELAC hot line +19-152-293-3662.
Matro Bank Intl Bank assurance, more than just banking. It's peace of mind!