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Insurance Payments Made Easy With First Gulf Bank’S New First Insure Bank Accounts

Abu Dhabi, 15th January, 2011: First Gulf Bank, the leading financial partner of choice in the UAE, announced today the launch of its First Insure Account – a bank account that helps customers manage & consolidate all insurance related payments.

The First Insure Account is a part of FGB’s First Insure umbrella that offers insurance and protection related products and services to customers. It helps customers plan their savings and insurance related payments through one source. By maintaining an account balance and by making insurance payments through the First Insure Account, customers stand to gain loyalty points. In addition to this, any customer choosing to buy a range of insurance plans from FGB’s First Insure can avail complimentary insurance benefits of up to AED 10,000.

 These accounts are available in both savings and current variants that FGB customers can choose from; moreover every account holder will also be assigned a Dedicated Relationship Officer who will assist them on day to day account operations. To manage their accounts and make payments, First Insure Account holders will be entitled to use FGB’s Customer Services and Call Centre, IVR systems, SMS, Internet and Mobile Banking services, as well.

Commenting on the launch of First Insure Account, Mufazzal Kajiji, Head of Wealth Management & Banacassurance said: “The launch of First Insure Account is in line with our continued focus to introduce customer friendly products and services.  Our customers lead a very hectic lifestyle today and we felt there was a huge need for a product which helps streamline all insurance related payments through one channel. The First Insure Account is simple and easy to use, and comes with a dedicated relationship officer which we think will go a long way in making our customer’s banking experience easy to use and stress free.”
First Insure offers a bouquet of products and services related to insurance and protection plans ranging from Education Plans, Life Insurance Plans, Retirement solutions, Critical Illness Plan and Motor Insurance Plans, amongst a host of other offerings.

About FGB
As one of the leading banks in the UAE, First Gulf Bank (FGB) has Shareholder Equity of more than AED23 billion making it one of the largest equity based banks in the UAE. Established in 1979 and headquartered in the UAE capital, Abu Dhabi, the bank provides financial services in various business and industrial areas with a wide network of branches across the Emirates; in addition to the bank’s entity in Singapore and Qatar it has a representative office in India.

Today, FGB is recognised as a world-class organisation committed to maximising shareholders, customers and employees’ value as it focuses on delivering banking products and services that meet the Clients’ requirements as well as the dynamic economy, perpetuate progress in the UAE. In line with its commitment to excellence the bank also continues to improve service standards, while simultaneously investing in HR, IT, and communication systems.

 
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