Find below some of the best life insurance companies in Lebanon (in random order) and get the peace of mind that comes with knowing your family will be taken care of in case unexpected accidents happened.
AXA Group is the number one global insurance brand for the 10th consecutive year and the worldwide leader in insurance and asset management serving over 107 million clients and present in 64 countries.
Main Office: Axa Middle East Building, Jal El-Dib Highway, JAL EL-DIB, Matn
12 Branches all across Lebanon: View All Branches
Call Center: +961 4 727 000
Fidelity provides you with “Your Easy Way Out” Service, which facilitates your business with them, especially when it comes to making and receiving payments. Wherever you are located in Lebanon, their fast and efficient collection payment service helps deliver policies and collect premiums from your home or office, and at your own convenience.
SMS Service
Fidelity has started a new SMS service that will be sent to their Motor clients on a monthly basis, to remind them about your car’s Mechanic fee due the following month.
Address: (head office) Jal El Dib Highway, Midtown Center, 2nd floor
Tel: +961 4 719300
Established in 1944 and present across 9 Arab territories, Arabia Insurance owes its strength to 75 years of regional expertise.
The Head Office is based in Beirut, Lebanon with 9 countries of operations.
Address(Head Office): Ain Mreisseh – Arabia House Building – Phoenicia Street
Tel:+961-1-376-673
They have a great mobile app to report a car accident: BANKERS DRIVE ASSIST.
This company has been shown that it has great experience in offering insurance services for over 46 years.
Address: Riad El-Solh Square, El-Mir Bechir Street, Asseily Bldg. 4th floor, P.O.Box 11-4293 Beirut, Lebanon
Tel: +961 1 962 700
Since 1980 Medgulf has brought peace of mind and security to millions of individuals and organizations across the Middle East. Since its inception in Lebanon, the Company has expanded right across the region, with a major presence in the Kingdom of Saudi Arabia and Kingdom of Bahrain.
Address: Beirut Central District Medgulf Building, Patriarch Houwayek Street, BEIRUT CENTRAL DISTRICT, Beirut, LEBANON
Tel: +961 1 985 000
More than 55 years in operation
- 7 Countries overseas
- 30 branches & agencies including Lebanon, the Middle East, and the Gulf
- 200 000 clients in operation
- Turnover in 2014: 151 USD Million
Partner with a number of causes and non-profit organizations:
- Kunhadi
- Skoun
- Heartbeat
- Philippe Hatem Foundation
- Yaduna
- Roads for Life
Address: Beirut – Kantary Commerce and Finance Building, 2nd floor P.O. Box 11-3821 Beirut 1107-2150
Tel: +961 1 374900
Allianz SNA was founded in Beirut in 1963, fully owned by Allianz Group, servicing over 147 thousand customers in over 17 offices and through more than 200 employees and 350 exclusive consultants.
Main Office: Allianz SNA bld P.O. Box 16-6528 Beirut Lebanon
14 Branches all across Lebanon (View All Branches)
Tel: +961 5 956 600
Established in 1974 and backed by BLOM Bank’s Solid Financial Background.
Address: P.O.Box 113 – 5686 Beirut – Lebanon
Tel: +961-1-905777
Helping people pursue more from life since 1953.
- 1921: American Life Insurance Company (ALICO) was founded in Shanghai, China.
- 1953: Branch of ALICO was established in Lebanon as a life insurance leader.
- 1960s: ALICO moves its headquarters to Delaware, United States.
- 1972: ALICO becomes the first foreign life insurance company licensed to sell in Japan.
- 1980s: ALICO begins operations in Central and Eastern Europe, followed by expansion in Latin America and the Middle East. A true growth story that continues until this day.
- 2010: MetLife acquires ALICO creating one global company to meet the needs of 90 million customers in over 60 countries.
- 2017: MetLife maintains its long-standing position as the number one life insurer in Lebanon with 17% market share.
Address: JM Plaza Bldg., Concorde Sq., Verdun, Beirut-Lebanon
Tel: +961 1 998 000
Established in 1983 as part of the Byblos Bank Group, ADIR Insurance has since garnered over three decades of experience in delivering top-of-the-line covers.
Address: Aya Commercial Center , Dora, Beirut – Lebanon
Tel: +961 1 256 290
Bankers
Phone: +961 1 962 700
Medgulf
Phone: +961 1 985 000
Libano Suisse
Phone: +961 1 374900
Allianz SNA
TEL: +961 5 956 600
AROPE
Phone: +961 1 905777
Metlife
Phone: +961 1 998 000
Adir
Phone: +961 1 256 290
NEXT Care Health Insurance
Phone: +961 1 504000
Life insurance is an important financial product that provides security and peace of mind to individuals and their families. In Lebanon, life insurance is a growing industry that is becoming increasingly popular among individuals who want to protect their loved ones in case of unexpected events.
Life insurance is a contract between an individual and an insurance company, in which the individual pays a premium in exchange for a sum of money to be paid out to their beneficiaries upon their death. The purpose of life insurance is to provide financial protection to the individual’s family and dependents in case of their untimely death, to help cover expenses such as funeral costs, outstanding debts, and living expenses.
In Lebanon, there are several types of life insurance policies available, including term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a specified term, typically 10 to 30 years, and pays out a death benefit if the insured dies during that period. Whole life insurance provides coverage for the insured’s entire life, and the premiums paid into the policy accumulate cash value over time. Universal life insurance combines the features of term and whole life insurance, offering flexibility in premium payment and death benefit amounts.
One of the benefits of life insurance in Lebanon is that it is often tax-free, meaning that the death benefit paid out to beneficiaries is not subject to income tax. Additionally, life insurance policies can be used to provide collateral for loans, and the cash value of a whole life or universal life policy can be accessed through loans or withdrawals.
Another benefit of life insurance in Lebanon is that it can be a valuable tool for estate planning. Life insurance proceeds can be used to pay estate taxes and other expenses, ensuring that the individual’s assets are distributed according to their wishes.
When considering life insurance in Lebanon, it is important to understand the different options available and to choose a policy that meets individual needs and goals. Factors to consider when choosing a policy include the amount of coverage needed, the length of the coverage period, and the premium cost.
It is also important to choose a reputable insurance company with a strong financial rating. In Lebanon, there are several insurance companies that offer life insurance policies, including Bankers Assurance, Allianz SNA, and Arope Insurance.
When purchasing life insurance in Lebanon, it is recommended to work with a licensed insurance agent or broker who can provide guidance and help navigate the complex process of choosing a policy. Agents and brokers can also provide information on discounts and special offers that may be available.
In addition to traditional life insurance policies, there are also several alternative options available in Lebanon to provide financial protection in case of unexpected events. These include critical illness insurance, which provides a lump sum payment if the insured is diagnosed with a covered critical illness, and accidental death and dismemberment insurance, which provides a benefit if the insured dies or is dismembered as a result of an accident.
In conclusion, life insurance is an important financial product that provides security and peace of mind to individuals and their families. In Lebanon, there are several types of life insurance policies available, and it is important to choose a policy that meets individual needs and goals. Working with a licensed insurance agent or broker can help navigate the complex process of choosing a policy and ensure that the individual and their family are protected in case of unexpected events.