Products & services > Personal Banking > Insurance Products
Your Priorities, Our Priority! BLC Bank s.a.l. and BLC Services s.a.l. in collaboration with Libano-Suisse S.A.L. offer you now Awlawiyati, a wide range of bancassurance products to cater to your insurance needs.
Motor Insurance - Terrorism & Passive War Cover
Awlawiyati- Term life insurance
Awlawiyati- Retirement plan
Awlawiyati- Personal accidents
Awlawiyati- Home insurance
Awlawiyati- Child plan
Awlawiyati- Car Insurance Motor Insurance - Terrorism & Passive War Cover
Exclusively at BLC Bank, the Terrorism and Passive War cover designed in cooperation with Libano-Suisse S.A.L. protects your car against terrorism, war, strikes and civil commotion. What does TERRORISM & PASSIVE WAR cover?
- Acts of Terrorism.
- War and/or Civil War
- Riots, Strikes and/or Civil commotion
What is the cost? - USD 65 for all vehicles already insured with Libano-Suisse.
- USD 90 for all vehicles not insured with Libano-Suisse.
How to proceed?
All you have to do is visit us at any of our branches with a copy of your current Motor Insurance Policy (if available), a copy of your National ID and car car registration book and ask for our Passive War Motor Insurance policy. Awlawiyati- Term life insurance
Protecting your family & loved ones is one of your priorities.
Awlawiyati TERM LIFE INSURANCE plan designed in cooperation with Libano-Suisse S.A.L. enables you to secure an income to your family and loved ones in case of death. What does TERM LIFE cover?
Payment of total sum insured to the beneficiaries in case of natural or accidental death of the insured. What are the benefits? - Worldwide coverage.
- Simple medical questionnaire to be filled with no medical examinations required.
- Possibility of choosing the contract period from 1 to 5 years. For periods more than one year benefit from the same conditions for the duration of the policy.
- Naming & changing the beneficiaries of your choice at any time.
- Immediate policy issuance.
- Choice of paying the full premium in cash or by monthly installments, automatically debited from your BLC Bank SAL account.
How to proceed?
If you are between 20 & 50 years old: - Choose the plan that suits you
- Instruct the Bank to debit the monthly or yearly premium from your account.
The table below shows some of the premiums applicable: Sum Insured | USD 10,000 | USD 20,000 | USD 30,000 | USD 40,000 | USD 50,000 | AGE | Period | Period | Period | Period | Period | 1 | 3 | 5 | 1 | 3 | 5 | 1 | 3 | 5 | 1 | 3 | 5 | 1 | 3 | 5 | Monthly Premium in USD | 25 | 1.5 | 1.5 | 1.5 | 3.0 | 3.0 | 3.0 | 4.5 | 4.5 | 4.5 | 6.0 | 6.0 | 6.0 | 7.5 | 7.5 | 7.5 | 30 | 1.5 | 1.5 | 1.5 | 3.0 | 3.0 | 3.0 | 4.5 | 4.5 | 4.5 | 6.0 | 6.0 | 6.0 | 7.5 | 7.5 | 7.5 | 35 | 2.0 | 2.0 | 2.0 | 3.5 | 3.5 | 4.0 | 5.0 | 5.5 | 5.5 | 6.5 | 7.0 | 7.5 | 8.0 | 8.5 | 9.0 | 40 | 2.5 | 2.5 | 2.5 | 4.5 | 4.5 | 5.0 | 6.5 | 7.0 | 7.5 | 8.5 | 9.0 | 10.0 | 11.0 | 11.5 | 12.5 | 45 | 3.5 | 4.0 | 4.0 | 6.5 | 7.5 | 8.0 | 10.0 | 11.0 | 12.0 | 13.0 | 14.5 | 16.0 | 16.5 | 18.0 | 19.5 | 50 | 5.5 | 6.0 | 6.5 | 10.5 | 12.0 | 13.0 | 16.0 | 17.5 | 19.5 | 21.0 | 23.5 | 26.0 | 26.5 | 29.0 | 32.5 |
Premiums are calculated depending on the insured’s age, sum insured and the duration of the contract.
Case: - Insured age: 35 years
- Sum insured: USD 50,000
- Contract period: 5 years
Monthly premiums: USD 9
Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you. 
Awlawiyati- Retirement plan
Awlawiyati RETIREMENT PLAN designed in cooperation with Libano-Suisse S.A.L. provides you and your family financial well-being & secures your desired standard of living upon retirement. With this long term protection & savings plan you can invest monthly or yearly premiums and get guaranteed minimum annual interest rate to achieve a lump sum amount at maturity, coupled with a life insurance cover. What does RETIREMENT PLAN cover? - Payment of the maturity value at the expiry of contract/ retirement age.
- Payment of the sum insured to the beneficiaries in case of natural or accidental death of the insured.
Optional additional covers: - Payment of the sum insured to the insured in case of natural or accidental permanent total disability.
- Payment of the sum insured to the insured in case of any of the following dread diseases: heart attack, coronary artery disease requiring surgery, cerebrovascular stroke or even cancer.
- Payment of double the sum insured in case of accidental death or accidental permanent total disability.
- Payment of the sum insured in case of death or permanent total disability due to passive war risk
What are the benefits? - Flexible plans suiting your budget and needs.
- Minimum annual guaranteed return of 4.5% on your investments.
- Possibility of benefiting from additional return on your investment.
- Payment of the sum insured or account savings outstanding balance (whichever is greater) is made as a cash lump sum in full at the time of insurance claim .
- Option of increasing yearly premium payments to cope with inflation and hence increasing the maturity value.
- Option of receiving the maturity value as a cash lump sum in full or yearly payments for life.
- Premiums are automatically debited from your BLC Bank SAL account.
How to proceed?
If you are between 20 & 55 years old: - Choose the plan that suits you deciding on:
- The life insurance coverage amount/ sum insured
- The amount of monthly or yearly premiums
- The period of the plan or retirement age
- The additional covers such as permanent total disability, dread disease etc.
- Instruct the bank to debit the monthly or yearly premium from your account.
- Receive your policy once approved and issued by Libano-Suisse S.A.L.
The table below is an example of the following Retirement Plan:
Coverage: Natural or accidental death
Monthly contribution of USD 35 with 3% annual indexation rate.
Currency: US Dollars Age | Total Contributions | Sum Insured | Retirement amount at age 65 | Minimum guaranteed return 4.5% | Assumed investment yield of 7% | 25 | 31,669 | 30,000 | 63,304 | 110,337 | 30 | 25,394 | 25,000 | 45,569 | 73,781 | 35 | 19,982 | 20,000 | 32,030 | 48,226 | 40 | 15,313 | 15,000 | 21,885 | 30,658 | 45 | 11,286 | 10,000 | 14,479 | 18,854 | 50 | 7,812 | 5,000 | 9,166 | 11,112 |
Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you.
Awlawiyati- Personal accidents
Awlawiyati PERSONAL ACCIDENTS designed in cooperation with Libano-Suisse S.A.L. enables you to secure an income for you and your family in case of unforeseen tragic events. What does PERSONAL ACCIDENTS cover? - Payment of total sum insured to the beneficiaries in case of accidental death.
- Payment of total sum insured to the insured in case of accidental permanent total disability.
- Payment of a percentage of the sum insured to the insured in case of accidental partial permanent disability depending on each case e.g. in case of loss of an arm, a hand or a leg: 60% of the sum insured will be paid.
What are the benefits? - Worldwide and around the clock cover.
- No proposal form to be filled and no medical examinations are required.
- Coverage of all professions irrespective of the work’s nature.
- You can name and change the beneficiaries of your choice at any time.
- Immediate policy issuance.
- Choice of paying the full premium in cash or by monthly installments automatically debited from your BLC Bank SAL account.
How to proceed?
If you are between 18 & 66 years old: - Choose the plan that suits you from the table below
- Instruct the bank to debit the monthly or yearly premium from your account
Plan | Monthly Premium | Sum Insured | A | $1 | $12,000 | B | $2 | $25,000 | C | $3 | $35,000 | D | $4 | $50,000 |
Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you.
Awlawiyati- Home insurance
Protect your sweet home with Awlawiyati HOME INSURANCE designed in cooperation with Libano-Suisse S.A.L. to cover property damages resulting from fire, explosion, earthquake, bursting of pipes, burglary, and other risks. What does HOME INSURANCE cover? - Payment of compensation due to property damage in case of fire, allied perils and burglary.
- Payment of compensation covering third party liability including neighbors' recourse, landlord’s recourse and civil liability.
What are the benefits? - No proposal form to be filled.
- No need for house assessment.
- Immediate policy issuance.
- Choice of paying the full premium in cash or by monthly installments automatically debited from your BLC Bank S.A.L. account.
How to proceed?
If the property is fully constructed, occupied & used for residence only: - Choose the plan that suits your home and its contents’ real value from the table.
- Instruct the Bank to debit the monthly or yearly premium from your account.
Currency: USD Cover | Description | Excess | Plan A | Plan B | Plan C | Plan D | Plan E | 1- Fire | Contents damage | Damage caused to contents (furniture, decoration, equipments) | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Building\ Landlord's recourse | Damage caused to building /compensation to the owner in case of lease or rent | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Neighbors' recourse | Liability towards neighbors in case of fire | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | 2- Allied Perils | Bursting of pipes | Damage caused by bursting of pipes or overflowing of internal water tanks | 10% of the loss | 2,500 | 5,000 | 10,000 | 15,000 | 20,000 | Lightning | Damage caused by a natural disaster | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Explosion | Damage caused by explosion of home liquid gas or hot water boiler | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Storm, Tempest, & Flood | Damage caused by natural disasters | 1% of the sum insured | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Earthquake | Damage caused by an earthquake | 1% of the sum insured | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | Impact of vehicle/aircraft | Damage caused by car or aircraft crash onto property | n/a | 25,000 | 50,000 | 100,000 | 150,000 | 200,000 | 3- Burglary | Burglary | Burglary following forced entry | n/a | 15,000 | 30,000 | 60,000 | 90,000 | 120,000 | 4- Civil liability : | Bodily Injury per victim | Any bodily injuries that may occur to others during their presence at your home due to an accident | n/a | 2,000 | 5,000 | 8,000 | 10,000 | 15,000 | Bodily Injury per claim | n/a | 8,000 | 25,000 | 35,000 | 50,000 | 75,000 | Material Damage per claim | Any material damage that may occur to others during their presence at your home due to an accident | n/a | 2,000 | 5,000 | 8,000 | 10,000 | 15,000 | Monthly Premium | $10 | $17 | $27 | $39 | $55 | Annual Premium | $120 | $204 | $324 | $468 | $660 |
Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you.
Awlawiyati- Child plan
Awlawiyati CHILD PLAN is designed in cooperation with Libano-Suisse S.A.L. to help you achieve the goals you have set for your child according to your priorities such as tuition fees, start up capital for a business or a house down payment. What does CHILD PLAN cover? - Payment of the maturity value to the child after 18 years at the expiry of the contract.
- Waiver of premiums in case of natural or accidental death or permanent total disability.
- Optional additional cover, family income benefit: payment of an agreed amount on a yearly basis in case of death of the insured until expiry of the contract.
What are the benefits? - Different plans to suit your budget and needs
- Minimum annual guaranteed return of 4.5% on your investment.
- Possibility of benefiting from additional return on your investment.
- Premiums are automatically debited from your BLC Bank SAL account.
How to proceed?
If you are between 20 & 50 years old and your child’s age is below or equal to 10 years: - Choose the plan that suits you from the table below
- Instruct the bank to debit the monthly or yearly premium from your account.
- Receive your policy once approved and issued by Libano-Suisse S.A.L
Currency: USD | Plan A | Plan B | Plan C | Plan D | Monthly premium | 30 | 60 | 90 | 120 | Duration | 18 years | Minimum guaranteed maturity value at 4.5% | 8,900 | 17,800 | 26,700 | 35,600 | Estimated maturity value at 7% | 11,466 | 22,931 | 34,397 | 45,862 | Family income benefit (optional)*/ year | 1,000 | 2,000 | 3,000 | 4,000 |
* Additional premium to be paid for family income benefit starting at USD 2. Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you.
Awlawiyati- Car Insurance Awlawiyati CAR INSURANCE plan designed in cooperation with Libano-Suisse S.A.L. enables you to cover material damages and bodily injuries or casualties caused to others due to a car accident. What does CAR INSURANCE cover? - Bodily injuries up to LBP 750,000,000.
- Material damage up to $ 5,000,000
- Passenger and Driver Benefit (P.A.B.): to cover the driver and the relatives (max. 5 persons) in the insured vehicle in case of death, permanent total disability (P.T.D.), and medical expenses (M.E.)
What are the benefits? - Round the clock phone assistance to provide you with the help required
- Free Road Assistance to help you out in case of accident or mechanical breakdown 24 hours a day
- No proposal form to be filled
- Immediate policy issuance
- Choice of paying the full premium in cash or by monthly installments automatically debited from your BLC Bank S.A.L. account.
How to proceed?
No matter what your car’s manufacturing year is: - Choose the plan that suits you from the table
- Instruct the Bank to debit the monthly or yearly premium from your account.
Plan | Policy | Annual Premium | Coverage | A | Bodily Injury* | LBP 68,000 | Bodily injuries or casualties caused to others up to LBP 750.000.000 | |
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B | Material Damage 1 ** | $66 | Material Damage up to $1,000,000 | P.A.B. | Death | $5,000 | P.T.D. | $5,000 | M.E. | $ 750 | C | Material Damage 2 ** | $88 | Material Damage up to $5,000,000 | P.A.B. | Death | $7,500 | P.T.D. | $5,000 | M.E. | $1,000 | D | Bodily Injury + Material Damage 1 | $111 | Bodily injuries or casualties caused to others up to LBP 750,000,000 | Material Damage up to $1,000,000 | P.A.B. | Death | $5,000 | P.T.D. | $5,000 | M.E. | $ 750 | E | Bodily Injury + Material Damage 2 | $133 | Bodily injuries or casualties caused to others up to LBP 750,000,000 | Material Damage up to $5,000,000 | P.A.B. | Death | $7,500 | P.T.D. | $5,000 | M.E. | $1,000 |
* The Bodily Injury policy is always paid in cash.
** Covers private cars only. Contact us on 01- 429000 or visit any of our BLC Bank SAL branches where the customer service team will be happy to assist you.
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