Credit Shield Takaful plan for your Emirates Islamic Credit Card

Other than job loss cover (ILOE coverage), and Critical Illness benefits, you can claim all other benefits immediately upon enrolling into the policy as per terms and conditions. Pre-existing conditions are excluded.

Please note that only one benefit payment will be applied for same conditions for example: if the disability benefit is paid, ILOE or Accidental Death will not be paid.

Yes, the Bank will automatically terminate the active Credit Shield Takaful plan in case of the follow scenarios:

• The premium is not paid on time
• The insured cardholder reaches the maximum age limit specified in the policy
• Termination of the credit card facility
• Payment of death or critical illness amounts
• Cancellation of the benefits under this policy by the policyholder or the insured cardholder at any time in accordance with the policy terms & conditions
• Cancellation of the insured cardholder's credit card facility
• The Insured cardholder becomes a Defaulted Cardholder
• The policy is expired
• The policy is not renewed with the company
• The insured cardholder is no longer able to satisfy the eligibility conditions set out by the policy

You can submit a request for the reversal by calling us on +971 600 599 995. Please note the reversal of the charges will be limited to your last month’s premium upon cancellation of service.