{"id":24646,"date":"2020-12-22T11:05:40","date_gmt":"2020-12-22T07:05:40","guid":{"rendered":"https:\/\/www.middleeastevents.com\/blog\/?p=24646"},"modified":"2020-12-22T11:05:40","modified_gmt":"2020-12-22T07:05:40","slug":"noor-takaful-launches-digital-savings-plan-using-the-bliss-platform","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/noor-takaful-launches-digital-savings-plan-using-the-bliss-platform\/","title":{"rendered":"Noor Takaful Launches Digital Savings Plan Using The &#8220;Bliss&#8221; Platform"},"content":{"rendered":"<p>Noor Takaful, a Dar Al Takaful Company, the UAE\u2019s second largest Islamic insurance entity, has partnered with Abu Dhabi Global Market\u2019sleading technology startup in digital insurance technology solutions and services, Algofy.ai Limited, to launch a unique, <u>fully-digital savings plan.<\/u><\/p>\n<p>The Bliss Savings plan will offer customers a <u>fully digital experience.<\/u> From application submission to service, everything can be accessed through a smart phone without the need for paperwork filing, branch visits, or physical agent interactions, realizing the zero-touch economy.<\/p>\n<p>Through this plan, UAE Nationals and residents can put to rest worries about their financial future for retirement, children\u2019s education, COVID-19 emergency funds, and other long-term financial goals by purchasing one or more Life Takaful Insurance and savings plan with complete control and visibility of their investment and its performance.<\/p>\n<p>\u201cNoor Takaful is committed to delivering protection and peace of mind to every UAE National and every resident. Our partnership with Algofy.ai and the launch of Bliss Savings plan on their platform is a testament to that commitment. As industry leaders we strive to innovate and provide the best solutions to ensure our customers\u2019 needs and financial goals are fulfilled\u201d, said <strong>Rajesh Sethi, CEO, Dar Al Takaful, the holding company of Noor Takaful<\/strong>.<\/p>\n<p>The app interface is extremely user-friendly and will include unique features such as retail rewards earned through referral. Customers can opt into Algofy.ai\u2019s\u201c<strong><em>Burn &amp; Earn\u201d rewards program<\/em><\/strong>, where users get rewards for exercising and meeting daily fitness targets.<\/p>\n<p>\u201cAlgofy.ai is committed to help consumers solve real problems with digital insurance technologies.\u00a0 Two big problems facing people are savings and health. By partnering exclusively with Noor Takaful we built a digital channel for the Bliss Savings Plan that is unmatched and fully transparent.\u00a0 On the health front, through our collaboration with Apple, we offer Wellness cash rewards through exercise, called \u2018Burn &amp; Earn.\u2019\u00a0 We will bring a similar exercise rewards offering to the Android platform that will be available in the market in Quarter 1 of 2021, said <strong>Fadi Jawdat Al-Hindi, CEO &amp; Founder Algofy.ai Limited<\/strong><strong>.<\/strong><\/p>\n<p>Key benefits of the savings plan include:<\/p>\n<ul>\n<li>Low monthly contribution (starts at AED 500 per month)<\/li>\n<li>Simple steps to identify customer\u2019s approach to choose saving options with Low, Medium, &amp;High return savings option depending on the individual\u2019s risk appetite<\/li>\n<li>Professional fund management by Morningstar, one of the top financial advisory firms in the world<\/li>\n<li>Full visibility on plan performance 24&#215;7 from the convenience of a mobile phone<\/li>\n<li>Ability to change the set plan through the app without the need to visit a branch, make any phone calls, and\/or visit an agent<\/li>\n<li>Participant can continue their policy even after leaving the UAE by simply updating their app with a valid credit\/debit card<\/li>\n<li>No cancellation charges post completion of 5 years. A fixed 5% fee if cancelled within the first 5 years<\/li>\n<li>Real-time human support is a click away through the App (Support &amp; Help)<\/li>\n<\/ul>\n<p>For downloading the app please visit bliss.noortakaful.com. For more information, please visit\u00a0<a href=\"http:\/\/www.noortakaful.com\" target=\"_blank\" rel=\"noopener\">www.noortakaful.com<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-24647\" src=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-1-300x296.png\" alt=\"\" width=\"300\" height=\"296\" srcset=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-1-300x296.png 300w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-1-768x757.png 768w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-1-1024x1010.png 1024w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-1.png 1588w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-24648\" src=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-2-300x203.png\" alt=\"\" width=\"300\" height=\"203\" srcset=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-2-300x203.png 300w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-2-768x520.png 768w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-2-1024x693.png 1024w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2020\/12\/NT-x-Bliss-App-2.png 1580w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Noor Takaful, a Dar Al Takaful Company, the UAE\u2019s second largest Islamic insurance entity, has partnered with Abu Dhabi Global Market\u2019sleading technology startup in digital insurance technology solutions and services, Algofy.ai Limited, to launch a unique, fully-digital savings plan. The Bliss Savings plan will offer customers a fully digital experience. From application submission to service, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24648,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-24646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/24646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=24646"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/24646\/revisions"}],"predecessor-version":[{"id":24649,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/24646\/revisions\/24649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/24648"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=24646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=24646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=24646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}