Capital Bank Launches New Investment Insurance Product “Sanctuary” for Its Clients
Capital Bank has announced the launch of its new insurance product Sanctuary, in partnership with MetLife, the American life insurance company. This product marks a significant step forward in the bank’s bancassurance services and aligns with its strategy to provide innovative and comprehensive financial and insurance solutions.
The new product combines both insurance and investment in a flexible structure, enabling clients to achieve their financial goals while securing long-term protection.
Sanctuary provides clients with life insurance coverage linked to an investment account. In the event of death, beneficiaries receive both the total value of the investment and the agreed insurance payout. This makes the product an ideal choice for individuals seeking to safeguard their family’s future through a well-planned, sustainable financial framework. Coverage options range from USD 70,000 up to USD 10 million, depending on the client’s age and selected plan, with insurance extending up to the age of 95, offering clients peace of mind and reassurance about their loved ones’ future.
The product also includes the option of joint coverage for shared accounts, where death benefits are paid upon the passing of either insured party, provided it occurs before the policy’s maturity date or before the policy anniversary following the insured’s 95th birthday. Sanctuary further stands out with a full waiver of surrender fees after five years, as well as a special gift of up to USD 500 offered twice during the policy’s lifetime on significant occasions such as marriage, purchasing a home, or welcoming a child.
The launch of Sanctuary underscores Capital Bank’s ongoing commitment to delivering financial solutions that meet today’s needs while anticipating future aspirations, further strengthening its position as one of the most innovative banks in the Jordanian banking sector.
For more details about the campaign and its terms, please contact the bank’s Call Center at +962 6 5100220 or visit: Capital Bank – Sanctuary Program.
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