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Health Insurance Claims’ Financing Program

Health Insurance Claims’ Financing Program

​Financing health insurance claims’ due to MSMEs medical centers and clinics.

Features

  • Higher financing limit:
    • Max. Limit per client is SAR 6 M.
    • Min. Limit per client is SAR 200 K.
  • Financing tenor: up to 12 months.
  • Repayment on Monthly Equally Installments.

Terms & Conditions

  •  Bank Statement of last 12 months showing monthly transactions.
  •  The client’s experience should be at least one year.

Required Documents

  • Identification documents:
    • A copy of the commercial register 
    • Copy of the partners' IDs
    • copy of the companies’ Article of Association and its amendments, if any, plus copy of the licenses.
  • Fill and sign SIMAH declaration 
  •  Request letter for the product from the company .

​FAQs

How much is the financing amount?

60% of the total amount of the presented claims subject to not exceeding 30% of the annual revenue.

what are the prices?

Depends on the type of request made by the client.


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All Rights Reserved © 2024 Bank Albilad is a Saudi joint stock company, with National Unified No. 7001473102, Head Office: Al Mutamarat 8229, Building No 2, RIYADH 3952 - 12711, KSA. Under monitoring and supervision of Saudi Central Bank and licensed by Royal decree 48/M on 1425/9/21H (4/11/2004 G).


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