It guarantees the payment of a capital in case of death or total and permanent disability (TPD) of the insured person:
- To QNB if the balance of the account shows a debit within the limit of the insured capital.
- To the beneficiaries designated by the insured person after deduction of the account debit within the limit of the insured capital.
The customer choose the guaranteed capital at the time of subscription. All account holders at QNB Tunisia can subscribe to this product.
The Account Protection contract is a Bank insurance product that meets the following needs:
- Protecting the bank against a possible death or TPD, if the account shows a debit even if it is temporary.
- Encouraging savings and enabling the beneficiaries to pay inheritance taxes through the tax-free insured capital.