Kuwait, 14 October 2010: Gulf Bank has collaborated with Enaya Insurance Company to provide a quality Term Life Insurance package to its customers.

This new and innovative package provides life cover up of KD 20,000 for clients between the ages of 16 and 64, and includes an unlimited insurance policy for people under 65. Customers can also receive education expenses for dependent children up to KD 3,000, and up to KD 3,000 in the event of loosing employment following an accident.  It also covers medical, ambulance, and repatriation expenses of up to KD 500 for each policy holder, and provides an additional 10% cover per year, limited to a maximum of KD 5,000. This new policy also includes additional personal accident cover.

Aly Shalaby, General Manager of Consumer Banking at Gulf Bank said: "Situations often arise that are beyond our control. With Term Life Insurance, customers can tailor their insurance requirements according to their own needs. Customers are only required to fill out a medical declaration form. No medical tests are needed."

To find out more about Term Life Insurance, customers are encouraged to visit any of Gulf Bank's 52 branches, or call the Bank's Telebanking service on 1805805. They can also log online to Gulf Bank's bilingual website on www.e-gulfbank.com to be fully acquainted with all the benefits associated with the Term Life insurance policy.