Wednesday 9 September 2015

Bank of Maldives launches home takaful product

Source: Bank of Maldives.

The Bank of Maldives today added insurance to its portfolio of products and services. BML Insurance is underwritten by Allied Insurance Company of the Maldives and includes a full range of insurance products, including home takaful.

Bank of Maldives CEO and Managing Director Andrew Healy said, “The launch of BML Insurance means that our customers do not need to go elsewhere for their insurance needs. We can now meet all their financial needs, not just the normal banking elements. From today customers can access a full range of insurance services from any of our branches across the country. This is particularly important in atolls where insurance may not have been readily available before.”

Managing Director of Allied Insurance, Ahmed Ameel said, “This partnership marks a very important step forward in the Maldives financial sector. Both Bank of Maldives and Allied Insurance Company play a very vital role in the community and in the business environment. I’m confident that this partnership will bring great benefits for everyone.”

Interested?

Further information and application forms for BML’s insurance products can be obtained online and at any of the 27 BML branches.