BKI launches insurance policy for expats
Manama, May 25, 2011
Bahrain Kuwait Insurance (BKI) has partnered with India's ICICI Lombard General Insurance to launch a new medical insurance policy for the Indian expatriates in Bahrain.
The 'Health on Return' policy has been designed for those who need insurance when they visit India. It also provides for assured insurance protection when the expatriate returns home for good.
'This product is expected to bring a greater amount of awareness of the benefits of health insurance and the importance of planning ahead,' said BKI general manager Waleed Mahmood at the launch on Tuesday night in Golden Tulip Hotel.
BKI chief executive Ebrahim Al Rayes said the company always looked forward to new ways to improve presence across various segments.
'Our product is reinsured with the help of ICICI Lombard, which will also assist us in claim related services to be provided to the insured during their visit to India,' he said.
Among those present were Central Bank of Bahrain financial institutions supervision executive director Abdul Rahman Al Baker and ICICI Lombard strategic planning group vice-president Hitest Kotak.
Invitees included representatives of leading broking companies and members of various Indian professional and cultural groups based in Bahrain.-TradeArabia News Service