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State Council group tasked to study bank loans and insurance discusses requirements of insurance companies in Oman

The working group formed by the State Council to study "loans and bank insurance" today, Thursday, hosted several officials of Oman United Insurance Company and AXA Insurance to enrich the study's themes.

 

The team discussed during its second meeting for the first annual session of the seventh term , headed by Hon.Dr. Saeed bin Sultan Al Busaidi,in the presence of the honorable members , with the officials of the two companies,  a number of study axes, including: justifications for obligating those over the age of (60) years to agree to the insurance company and  conducting a medical examination for obtaining a bank loan, in addition to discussing the regulations, requirements and credit regulations governing personal insurance (life insurance) for bank borrowing, especially for those over the age of (60) years by insurance companies.