Manager Insurance

Do you need to guarantee the stability of your company in the event of death or absolute and definitive disability of an essential person to your activity?

BANK OF AFRICA offers you a providence solution tailored to your needs. Manager is a professional insurance guaranteeing you the payment of a capital sum to compensate for the financial consequences related to the death or the absolute and definitive disability of a so-called "Key Person" that is essential to your activity. Thanks to Manager, you can choose several people to insure, and you can also claim this insurance on your own person.

4 good reasons to subscribe to it

The Manager insurance allows you to serenely consider the continuation of your activity with the payment of a capital sum of up to 2 million dirhams in the event of death or absolute and definitive disability of an essential partner to your company.

A valuable security in the event that one of your “Key Persons” should pass away
The capital is fixed in advance and can go up to MAD 2,000,000
The ability to transfer the guarantee to someone else if the Key Person leaves the company
The freedom to modify the insured capital according to your needs

Your questions, our answers

Any individual or legal entity, between the ages of 18 and 65 and holder of a current account at BANK OF AFRICA may subscribe to Manager insurance.

A member company may insure separately, by using separate membership forms, several persons considered as "Key Persons".

The guarantee takes effect the day after the signature of the membership form, subject to payment of the first premium. When the insured capital is greater than or equal to MAD 600,000, the cover takes effect only after medical examination and approval of the insurance company.

You just need to inform his or her BANK OF AFRICA advisor in writing, and the clause in the contract will be changed to the benefit of another person designated as a "Key Person" in the company.