National Bank of Oman review
Updated September 28, 2026 · AssureCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
National Bank of Oman sells protection as a broker rather than an underwriter, bundling auto, life, health and critical illness cover behind one bank counter. It suits people already banking with the bank who want monthly premiums, with premiums from OMR 4 on life plans.
Key facts
- Best for
- Bank customers in Oman who want personal cover handled through their existing account
- Premium from
- OMR 4 (Source, checked September 26, 2026)
- Insurance types
- Auto, Life, Health, Critical-illness (Source, checked September 26, 2026)
- Provider type
- Broker (Source, checked September 26, 2026)
- Monthly payments
- Yes (Source, checked September 26, 2026)
- Excess from
- OMR 50 (Source, checked September 26, 2026)
- Cover limit
- OMR 20,000 (sum assured, Premium Plan, accidental death) (Source, checked September 26, 2026)
- Claims channels
- Branch (Source, checked September 26, 2026)
- Age range
- 18-65 years (Source, checked September 26, 2026)
- Legal entity
- National Bank of Oman SAOG (Source, checked September 26, 2026)
- Headquarters
- Oman (Source, checked September 26, 2026)
- Founded
- 1973 (Source, checked September 26, 2026)
- Support channels
- Phone, Help-centre (Source, checked September 26, 2026)
- Audience
- Expats
- Pricing model
- Monthly
- Official website
- nbo.om
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Premiums from OMR 4 sit below the €8.37 median across the listings
- Monthly premiums are available, so cover can be paid in smaller instalments
- Four lines in one place: auto, life and health
- A bank-founded broker serving expats alongside resident customers
Cons
- It arranges cover as a broker, so the risk sits with an underwriter rather than the bank
- Motor claims run through branch only, which is narrower than the phone and help centre on offer for general support
- Adults only: life cover runs 18-65 years
Who it suits
- Existing National Bank of Oman customers adding life or motor protection
- Expats in Oman shopping for cover during a banking relationship
- Adults within 18-65 years seeking low instalment life cover
Who should look elsewhere
- Anyone wanting an underwriter to carry the risk, since this is a broker
- Shoppers who need a wider claims service than branch
Safety and regulation
National Bank of Oman operates as a broker, which means cover is arranged on behalf of an underwriter rather than written by the bank itself. The bank is licensed in Oman by the Central Bank of Oman (CBO) and the Financial Service Authority (FSA), so the entity arranging the policies sits inside a supervised framework. Read the policy wording carefully to see which underwriter carries the risk behind each product.
How National Bank of Oman compares
9.0 vs 8.6
9.0 vs 9.4
9.0 vs 9.4
9.0 vs 9.4
9.0 vs 9.4
9.0 vs 8.8
9.0 vs 8.7
9.0 vs 9.0
9.0 vs 9.4
9.0 vs 9.3
9.0 vs 8.9
9.0 vs 8.9
9.0 vs 8.9
9.0 vs 9.3- 9.0 vs 9.3
9.0 vs 9.3Max Life Insurance
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.3
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2
9.0 vs 9.2- 9.0 vs 9.1
9.0 vs 9.1
9.0 vs 9.1
9.0 vs 8.9
9.0 vs 8.9
9.0 vs 8.8
9.0 vs 8.8
9.0 vs 8.6- 9.0 vs 8.4
- 9.0 vs 8.2
Protegetuviaje
Allianz Travel Insurance Hong Kong
Tune Protect Thailand
Starr Travelead
Fubon Life Hong Kong
Universal Assistance
e-Insure Taiwan
Bao Minh
AXA BE
Bezpieczny.pl
mtu24
Where National Bank of Oman is available
- Available
- Oman
- Licence in Oman
- Central Bank of Oman (CBO), checked September 26, 2026
- Licence in Oman
- Financial Service Authority (FSA), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does the first premium cost?+
Premiums start at OMR 4 on the life range, well under the €8.37 typical across listed brands. Motor and other plans are priced separately, so the exact figure depends on the product and the risk details.
Can I pay monthly instead of yearly?+
Yes. Monthly payments are available, and monthly is the only payment model listed for this range. That makes the cover easier to budget alongside a salary that is paid monthly.
Does the bank underwrite the cover?+
No. The bank works as a broker, so an underwriter carries the risk and the bank handles the sale and the service relationship. Read the policy wording to confirm which underwriter sits behind a given plan.
Who regulates the provider?+
In Oman the entity is supervised by the Central Bank of Oman (CBO) and the Financial Service Authority (FSA). Both appear against the brand, and neither appears in the range on its own.
Which lines of cover are available?+
The range covers auto, life and health. That means auto, life, health and critical illness can all be arranged through the same bank relationship rather than across separate providers.
How do I make a claim?+
Claims for the life range are handled in a branch, so a claim means a visit rather than a call. General support is wider, running through phone and help centre, which is useful for questions that are not claims.
Who is the cover written for?+
The life range covers adults within 18-65 years, and the motor range is marketed to expats. Anyone outside those brackets should ask the bank before relying on a quote.
What does the motor excess look like?+
The motor excess starts at OMR 50, which is the amount a policyholder covers towards a claim. Confirm the excess that applies to a specific vehicle before accepting the premium.
Sources
- nbo.om/en checked September 26, 2026
Backs: Insurance types, Support channels
“Insure - Protect: Elite Life Plan, Life Insurance, Motor Insurance, My Health Plus”
- nbo.om/en/Pages/About-Us/About-us.aspx checked September 26, 2026
Backs: Founded, Headquarters, Legal entity, Licences
“established in 1973 as a joint stock company”
- nbo.om/en/Pages/Personal-Banking/Protect/Himayati-Life-In... checked September 26, 2026
Backs: Age range, Claims channels, Cover limit, Provider type, Pricing model, Monthly payments, Premium from
“Himayati Life Insurance cover is available to all existing National Bank of Oman customers between the ages of 18 and 65 years and their spouses”
- nbo.om/en/Pages/Personal-Banking/Protect/Himayati-Motor-I... checked September 26, 2026
Backs: Audience, Excess from
“Takaful Motor Plan is available on cars registered to Omani citizens and expatriate residents”
Compiled from 4 source pages, checked September 26, 2026. We did not open an account.
National Bank of Oman
Bank customers in Oman who want personal cover handled through their existing account