Bank Muscat, AXA tie up to offer Education Savings Plan
Monday, 02 10 2020, Category: Insurance and Reinsurance, Country: Oman
Bank Muscat, the flagship financial services provider in the Sultanate, has tied up with multinational insurance giant AXA to launch a unique Education Savings Plan for the benefit of all bank customers. The new plan will allow customers to save in regular instalments so as to provide their children with the best higher education possible and the comfortable life they deserve, even if any unfortunate event were to affect their family.
Abdullah Tamman al Mashani, DGM — Institutional Sales and Product Development, said: “Bank Muscat is happy to offer the AXA Aspire Education Plans in partnership with AXA Insurance. This unique product is in response to the genuine requirement for comprehensive plans that combine savings and life insurance under a single integrated policy for customers in Oman. As the Sultanate’s flagship bank which accords priority to the needs of its customers, our focus is to provide innovative services and products at competitive rates and in a transparent manner. This new product in partnership with AXA will allow young parents to plan ahead for the best interests of their children.”
Jonathan Jane, Senior Partnerships Director & General Manager — Oman & Bahrain, AXA, said: “We are very proud to strengthen our relations with Bank Muscat and remain committed in our efforts to offering new and innovative products. We have always believed in empowering people to live better and happier lives. We hope that by offering this Educational Savings Plan, Bank Muscat customers, especially breadwinners of young families, will be able to enjoy full peace of mind knowing that they have planned ahead to ensure the best future for their children and their families.”
Source: Oman Observer