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MaxFreedom

This unique 'All-In-One' insurance solution goes beyond protecting you and your family for the short term. It takes care of your path towards financial wellness in the future, with extensive limits for you to choose from.

So now get ready to achieve 'freedom' at every stage of your life as you confidently safeguard your home, travels and financial well-being with MaxFreedom.

  • The essentials of school fees, Credit Card bills and essential cash to use whilst recovery.
  • In case of no recovery, repatriation of the deceased and shipping of personal items to their home country.
  • In case of an accident, legal fees, loss of personal belongings and important documents.
     

Whilst at home and away

  • Up to AED 90,000 of Home Contents cover
  • Up to AED 15,000 of Loss of Rent & Alternative Accommodation cover
  • Up to AED 15,000 of Worldwide cover for Personal Belongings (Jewellery, Electronic Devices, etc.)

Whilst living and working

  • Up to AED 30,000 per month of Loan / Mortgage payment, maximum of 12 months 
  • Up to AED 22,000 per month of Credit Card bill payment, maximum of 12 months 
  • Up to AED 650,000 of Permanent Partial Disablement cover

Whilst at hospital 

  • Up to AED 15,000 of Hospital cash due to Accident 
  • Up to AED 16,800 of Hospital cash due to Accident in ICU 
  • Up to AED 12,500 on Broken bones due to Accident 

Whilst travelling

  • Trip Cancellation cover 
  • Baggage Delay cover 
  • Emergency Medical Assistance cover
 
Type of Plan Prime Essential Elite Prestige Premiere Platinum Superior
Annual Premium (Incl. VAT) 405 735 893 1,050 1,313 1,680 2,100

All Premiums are in AED.

  • RAKBANK Customers
  • 18 years old to 64 years old
  • UAE residents

Territorial Limit

  • Worldwide coverage for Personal Accident Benefits and Personal Belongings
  • UAE for Home Contents and Benefits

Click here to download Product Brochure

Click here to download Terms and Conditions

Our Insurance Partner, RSA, made your claims submission as simple as possible, ensuring that you have the right support and tools to quickly make a claim – anytime, anywhere. Find out how you can submit a claim today.

Claims Process 

1. Register your claim

  • EMAIL: Email a copy of the Certificate of Insurance along with Claim Form to [email protected].
  • OFFICE: Drop a copy of the Certificate of Insurance along with Claim Form at RSA’s branch office.
  • CALL:  Speak to one of their team members at RSA’s Claims Hotline at 04 302 9835 / 04 302 9903 from Sunday to Friday.

2.Receive your claim number

  • Once RSA has received all related documents, you will be provided with a claim number via an email by RSA team. If you don’t receive this notification, please contact RSA’s Claims Hotline at 04 302 9835 / 04 302 9903 from Sunday to Friday.

3.Next Steps

  • RSA team will reach out to you and explain the next steps and processes such as submission of police report wherever applicable.

* MaxFreedom(“Insurance“) is underwritten and issued  by Royal & Sun Alliance Insurance (Middle East) B.S.C.(c) (“RSA”).The Insurance is offered by RSA exclusively to RAKBANK customers and is subject to RSA’s approval. Terms and Conditions of the Insurance policy shall apply at all times. RAKBANK is neither responsible for, nor guarantees or warrants the quality, fitness for purpose, suitability of the Insurance being offered by RSA and does not accept any liability and shall not be liable for any loss or damage arising directly or indirectly to the customer as a result of subscribing to the Insurance. 

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