Disclaimer Mashreqbank psc is acting as a distributor for Pay Protect and shall not be responsible for the Insurance Company’s actions or decisions nor shall Mashreqbank psc be liable regarding payment of claims under the policy/Insurance contract issued by Sukoon Insurance PJSC ("Sukoon" or “Insurance Company”) The insurance feature of Smart Assure, Pay Protect (“Product”) is being provided by Sukoon pursuant to terms and conditions of the insurance policy (“Insurance Policy”) found on this page. It must be noted that the Insurance Policy relating to this Product may be amended by Sukoon from time to time. The Customer understands and acknowledges that any amendment or modification to the Insurance Policy will be updated by this page without further notice to the Customer. The Customer hereby confirms that it shall be its duty to be informed of the contents of the Insurance Policy (Including any amendments thereof) at all times by visiting this page. For all intents and purposes, nothing contained on this page or Mashreqbank psc’s website and/or the Insurance policy shall be deemed to create an agency, joint venture, amalgamation, partnership between Mashreqbank psc and Sukoon, Sukoon shall be solely responsible for any and all claims by Customer under the Insurance Policy and payout of any claims to the Customer shall at all times be subject to the terms of the Insurance Policy provided by Sukoon, over which Mashreqbank psc exercise no control whatsoever. All product features, benefits, and returns are offered in the above referred group insurance policy by Sukoon and not by Mashreqbank psc. Mashreqbank psc shall not be responsible for insurance provider's actions or decisions, nor shall Mashreqbank psc be liable regarding payment of loss/claims or services under the insurance contract. Mashreq bank is the master policy holder of the said group policy. Insurance is the subject matter of solicitation. Mashreqbank psc is the authorized distributor (as a broker on per sale, commission basis ) for Sukoon. Borrower understands that, to issue the policy, Personal information collected in the sales process, has to be shared with Sukoon. The contract of Insurance is between Sukoon and the insured, and not between Mashreqbank psc and the insured. Sukoon Insurance is a subsidiary of Mashreqbank psc. Sukoon Insurance is a key stakeholder in Sukoon Takaful.