New QNB salary continuation plan boon for families

QNB, a major financial institution in Qatar and the MENA region, has launched its salary continuation plan (SCP).
This latest QNB plan ensures that in the event of sudden life changing situations, QNB customers and their families are taken care of financially.
Through the SCP, QNB will protect its customers and their immediate family in the event of permanent disability, hospitalization or the accidental loss of life.
QNB in partnership with MetLife Alico, a global leader in the insurance industry, have designed a simple SCP.
This program is designed to protect customers through an easy and yet affordable plan.
By putting away a small portion of their salary monthly, in the event of unfortunate circumstances, QNB customers will have access to either a lump sum payout or a daily income.
One of the benefits of the program is provided in the event of accidental loss of life or the permanent total disability, in which QNB customers will have a lump sum payout of the individual’s last 12-month salary.
The maximum pay out for this can be QR 500,000.
This will be credited directly to the individual’s QNB account and ease the financial burden in a difficult time.
In addition, the plan will also offer daily in-hospital income benefit if an individual is faced with hospitalization due to a traumatic experience.
QNB says is always looking out for its customers to ensure that it is the institution of choice for customers.