Bancassurance
Protect your financial future and that of your family with our bancassurance products tailored for individuals. Enjoy a complete range of insurance solutions designed to meet your specific needs. Have peace of mind knowing that you are covered in case of unexpected events. Trust our bancassurance expertise to secure your future starting now.
What is the Insurance Product “RIHLATI” ?
The product “RIHLATI” is a travel assistance insurance product that provides you with 24/7 assistance services during your domestic or international travels, whether they are for personal or professional reasons.
What is the maximum age limit for coverage?
The maximum coverage age limit is set at:
– Eighty (80) years for Accidental Death coverage.
– Ninety (90) years for other benefits.
What events are covered?
– Bodily injury resulting from illness or accident.
– Travel inconveniences (medical expenses coverage, search and rescue expenses, loss of luggage).
– Death (death benefit and body repatriation).
– Legal proceedings abroad.
– Accidental death benefit occurring abroad, paid to the beneficiaries.
*What are the available formulas?
– Comfort formula: with “worldwide” coverage.
– Classic formula: with “worldwide” coverage except for (USA, Canada, Japan, or Singapore).
What are the available options?
– Individual Option: The policyholder is the sole insured in the event of covered events.
– Family Option: The policyholder and family members traveling with them are insured in the event of covered events.
What is the Insurance Product SAHTI?
“SAHTI” is a health insurance product that covers the cost of aggravated illness, hospitalization, or surgical hospitalization resulting from an accident or illness.
What are the eligibility conditions for the SAHTI product?
– Reside in Algeria.
– Be between 19 and 60 years old on the day of subscription.
– Complete the SAHTI health declaration.
What formulas are offered?
– Formula 1 “Individual”: Coverage for the policyholder (member) only.
– Formula 2 “Family“: Coverage for the policyholder, his spouse, and dependent children (under the age of nineteen “19”).
What are its advantages?
– Coverage is available worldwide.
– Subscription without any medical formalities regardless of the age at subscription.
– A contract that guarantees the payment of a benefit upon the diagnosis of cancer.
– A product that supports the insured regardless of his choice of treatment (fixed indemnity).
– Immediate coverage in case of an accident.
– Insurance for the entire family.
What is the Death Insurance/ Total Permanent Disability for Borrowers “ADE” ?
The borrower’s insurance, taken out by CNEP-Banque with its partner insurance company, covers the borrower, co-borrower, or guarantor against the risks of death and Total and Permanent Disability (TPD).
What is the maximum age limit for coverage?
– Death coverage: The coverage ends on the day before the insured’s 76th birthday (at the age of 75 years and 364 days).
– Total and Permanent Disability (TPD) coverage: The coverage ends on the day before the insured’s 60th birthday (at the age of 59 years and 364 days).
What is the coverage duration?
The insurance coverage duration is aligned with the loan term granted and cannot exceed forty (40) years.
What are the eligibility conditions?
Any individual:
– Natural person residing in Algeria.
– Between the ages of 19 and 70 at the time of subscription.
What offers are available?
The borrower’s insurance “ADE” is offered in two formulas:
– Classic formula: The insurer’s coverage includes the outstanding capital as of the date of the last installment before the occurrence of death.
– Enhanced formula: In addition to covering the outstanding capital as of the date of the last installment before the occurrence of death or the date of Total and Permanent Disability (TPD), an additional indemnity of twenty percent (20%) of the outstanding capital is provided in the event of an accident.
The enhanced option is left to the customer’s choice and can be applied to all types of loans.
What is the CNEP Product – Total Provident Insurance?
CNEP – Total Provident Insurance is a bancassurance product that guarantees the policyholder the payment of a predetermined capital:
– To the insured in case of Total and Permanent Disability (TPD).
– To the beneficiaries designated by the insured in case of death.
What formulas are offered?
Two coverage formulas are offered to customers:
- Formula 1: Death and Total and Permanent Disability (TPD) from all causes with a double capital benefit in case of accidental death/TPD.
- Formula 2: Death and Total and Permanent Disability (TPD) due to accidents only.
What is the maximum age limit for coverage?
The policyholder is covered up to the age of:
– 70 years for Death Coverage.
– 60 years for Total and Permanent Disability (TPD) Coverage.
What are the eligibility conditions?
Any individual:
– Natural person residing in Algeria.
– Between the ages of 19 and 60 at the time of subscription.