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

    Blue Arrow - Bullet Reduced costs in terms of competitive premiums on insurance products
    Blue Arrow - Bullet Guaranteed financial security with payment of first premium
    Blue Arrow - Bullet Prompt claims settlement

Product Offering

The Life insurance products to be distributed to the various customer segments are;

Categories Prime Deluxe Executive
Products

Blue Arrow - Bullet Embedded Funeral Insurance Product - All-in-one Account

Blue Arrow - Bullet Standalone
Products –

      Grey Arrow Family Funeral Plan (FFP)
      Grey Arrow Matro Bank Intl Education Plan (BEP)

Blue Arrow - Bullet Embedded Funeral Insurance - Premier Lifestyle Account

Blue Arrow - Bullet Standalone
Products –

    Grey Arrow Family Funeral Plan (FFP)
    Grey Arrow Matro Bank Intl Education Plan (BEP)

Blue Arrow - Bullet Embedded Term Assurance Product - Premier Current Account

Blue Arrow - Bullet Standalone
Products –

    Grey Arrow Matro Bank Intl Education Plan (BEP)

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.

     Blue Arrow - Bullet Minimum ages at entry (age last birthday) are :

             Grey Arrow 59 years for accountholder and spouse,
             Grey Arrow 74 years for the parents and parents-in-law.

     Blue Arrow - Bullet Three benefit levels at 920TL, 1,500TL and 2,200TL
     Blue Arrow - Bullet Monthly premiums from 4TL to 33TL depending on cover level and no. of beneficiaries
     Blue Arrow - Bullet No medical underwriting required
     Blue Arrow - Bullet 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

     Blue Arrow - Bullet Assured finance for your children's future education needs
     Blue Arrow - Bullet Minimum age at entry is 18 years, maximum age at entry is 60 years
     Blue Arrow - Bullet Minimum term is 7 years and maximum term is 18 years
     Blue Arrow - Bullet Minimum premium is $15 US Dollars
     Blue Arrow - Bullet 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!