Installment Program

Walaa installments program enables credit cardholders to pay their insurance policy through installments of up to 12 months without interest when insured through:

  • Walaa sales branches
  • Walaa website
  • Whatsapp

*Terms and conditions apply

Features of Walaa Installment Program

  • You can pay the insurance policy in installments without interest.
  • Flexible installments starting from 3 months to 24 months.
  • Installments include both new and renewal of insurance policy.
  • The installment service is available at Walaa branches, Walaa website, or Whatsapp.

Terms & Conditions

The insurance installments must be paid using the credit card of one of the following banks:

    • Bank Aljazira
    • Emirates NBD Bank
    • Riyad Bank
    • SABB Bank
    • Alawwal Bank
  • The installments service is limited to comprehensive insurance customers only.
  • The value of the insurance policy should not be less than 1000 Saudi riyals.* Purchasing the insurance product through Walaa sales branches or the Walaa website.
  • The customer must contact the bank within two days(48 hours) of subscribing to the insurance and inform the bank of his/her desire to transfer the value paid by credit card to installment.
  • Walaa company is not responsible for activating the installments service in case the customer did not communicate with the bank within the specified period.
  • Banks participating in the installments service have the right to implement their internal policy related to the use of their credit card.
  • The customer must check with his bank to ensure that all terms and conditions are met.

How to apply for the installments service

  1. Purchase or renew your insurance policy in any of Walaa sales branches or through Walaa website. The value of the insurance policy should not be less than 1,000 riyals.
  2. Purchasing the insurance product from Walaa’s sales channels or the website.
  3. Inform the bank of your desire to pay the insurance value in installments within two days (48 hours) from the date of purchasing the policy.
  4. The bank will verify the process and inform the customer in the event of a successful conversion to installments.

Purchase your insurance through installments now!


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