Oman- Modern Exchange grants free insurance cover to customers


(MENAFN- Muscat Daily) Muscat- Home is where the heart is. The maxim that has been the driving force for Modern Exchange Company, setting it on an aggressive expansion drive and coming out with new initiative and offers that make it the leading brand in Oman today.

Which is why, the core belief of Modern Exchange is offering unparalleled services to its customers in a manner that is innovative and convenient.

Modern Exchange believes that the service is not just a remittance but it is far beyond, touching the lives of people by being part of very emotions of their dear and near ones back home. As part of corporate social responsibility, the company has started Free Insurance Coverage in 2013 to all its customers (Omanis and expats) who remit, irrespective of amount transferred.

With every transaction, one gets to be insured free, maximum up to RO1,600, for a period of 30 days. No cumbersome process or procedure to be followed. No premiums or policies to be filled. Easy settlement of claims as per the policy and clauses governing it.

Features that make this free insurance coverage interesting and beneficial to all the customers who reside and work in the sultanate are: Worldwide coverage, Permanent total disability, Normal death, Accidental death, to name a few.

Continuously striving to create initiative and opportunities for its customers, Modern Exchange has consolidated its leadership position and has embodied both innovation and resilience, steering the company's growth, pioneering new products that harness technology to improve service delivery and generate trust and goodwill with customers.

Philip Koshy, general manager, said, 'Every year on an average 14 claims are settled. Free insurance to all customers is to create a personal bond not only with our customers but also with their families back home.'

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