MetLife has announced its partnership with Abu Dhabi Islamic Bank – Egypt (ADIB) to provide comprehensive life insurance solutions through ADIB’s diverse distribution channels and network of at least 69 branches across the country, Invest-Gate reports.
Under the deal, MetLife will offer insurance services for ADIB’s customers, including financial planning programs covering different lifetime needs such as children’s education and marriage, as well as retirement plans, as highlighted in a press release on December 16.
“ADIB’s customers will be able to customize their chosen coverage according to their needs, and their future investment plans, across a wide range of products, including accident and health, critical illness, and permanent total or partial disability resulting from sickness or accident, in addition to facilitating obtaining a second medical opinion from renowned hospitals,” read the statement.
MetLife Egypt and ADIB will also use their collaboration to keep pace with the latest trends and solutions in the field of financial technology, to meet the evolving needs of customers.
ADIB, formerly National Bank for Development, is an Egypt-based public shareholding company engaged in the provision of retail, corporate, and investment banking services to local and international clients.