Income Shield Insurance

affordable premiums


for loss of life


for permanent disability

Coverage of AED 1 M+

for just AED 95 a month

Financial support and important protection when you need it.

In the event of total and permanent disability due to an accident continuing for more than 12 months, you can expect a lump-sum amount and a monthly benefit for 20 years.

Total permanent disability cover supporting you and your loved ones

Income Shield offers support in the event of total and permanent disability due to an accident. When disability has continued for a period of twelve (12) consecutive months, the insurance provider MetLife will pay a lump- sum amount and a monthly benefit for 20 years ( 240 months).
Loss of life indemnity
Income Shield covers loss of life due to accident, and provides a lump-sum coverage amount and a monthly benefit for 20 years (240 months).
Big Cover for small premiums
You can be covered for over AED 1 million for as little as just AED 95 per month.


Flexible payments
Pay your premiums on a monthly basis, there’s no need to pay your premiums annually. Pay at your convenience
Low premiums
Premiums are conveniently low and start at as little as AED 16 per month.
Convenient cover options
Choose the cover that suits your needs. Select from a comprehensive choice of 6 tiers.

Disclaimer: The insurance policy of the product is underwritten by MetLife and the insurance coverage that the policy provides shall be at all times subject to the terms and conditions of the policy contract issued by MetLife. MetLife Terms and Conditions apply. All product features, benefits and returns (if applicable) are offered by MetLife and not by Mashreqbank PSC. Mashreqbank PSC shall not be responsible for MetLife’s actions or decisions nor shall Mashreqbank PSC be liable for payment of claims or services under the policy contract issued by MetLife.

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It is an accidental insurance plan underwritten by MetLife that pays a lump sum amount and a monthly payment for 240 months to you or your designated beneficiary as stated in the Schedule of Benefits.

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It provides insurance cover in the event of:
  • Loss of life due to accident
  • Permanent total disability due to accident
  • Dismemberment, loss of sight and hearing due to accident

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The plan is available for customers who are between the ages of 18 to 64 years, holding a valid UAE residence Visa and having Mashreq relationship.

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Spouse means the Insured Person’s legally married husband or wife between the ages of 18 to 64 years and is named in the Certificate of Insurance.

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You can continue the policy until you are 70 years old.

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Income Shield provides a 24 hrs worldwide cover except sanctioned countries. Below mentioned is the current Sanctioned countries list: (Subject to changes*) and high risk countries which are Iraq & Afghanistan.
  • Iran
  • North Korea
  • Cuba
  • Syria
  • Crimea region

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Please note that MetLife will NOT provide COVERAGE AND/OR PAYMENT under the Policy and/or any Supplementary Contract if the policyholder, insured, or person entitled to receive such payment is residing in any sanctioned country or claiming the payment for any services received in any sanctioned country.

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A grace period of thirty (30) calendar days will be granted for the payment of each premium falling due, during which time the policy shall be continued in force, however the policy will terminate if the premium is not paid within the grace period.

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Some of the exclusions under the policy are:
  • Intentionally self-inflicted Injury/suicide.
  • Active participation in terrorism.
  • Nuclear/Biological/Chemical radiation
  • Alcohol/Narcotics
For detailed information about exclusions refer to the policy Terms & Conditions.

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You can cancel the policy at any time. The cancellation request can be placed by calling +9714 415 4777 or by sending an email to and there will be no requirement to fill any form for the policy cancellation.

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You or your beneficiary can submit the claims request through the MetLife website ( After receiving the request, one of MetLife’s claims representatives will coordinate with you to process the claim.

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