The United Arab Emirates (UAE) has established a robust healthcare system, bolstered by comprehensive medical insurance mandates and regulations. These regulations are designed to ensure that all residents, both citizens and expatriates, have access to essential medical services. For those navigating the healthcare landscape in the UAE, understanding these mandates is crucial. IAE is a […]
What is the Process of Applying for Health Insurance for Golden Visa Holders? The following simple steps can be followed if the applicant already has a UAE Golden residence visa and needs to apply for health insurance. Step 1: Get the Following Documents Ready. Passport Visa Emirates ID If the applicant is renewing their insurance, […]
Several Emirates in the UAE have made health insurance mandatory for their expatriate employees, but there are certain rules and regulations regarding the coverage of the employee’s family. “Should a company provide health insurance for an employee’s spouse and children?” In certain Emirates of the UAE, it is required for employers to provide health insurance […]
Finding the right health insurance plan for a company can be difficult given that there are many different members who will be affected by the decision. Many parties involved in the organisation are significantly impacted by the medical benefits strategy your firm adopts. Cost control is undoubtedly a motivator for every business owner; however, department […]
Health Insurance in Dubai. Over the past ten years, medical tourism has increased as a result of the UAE’s reputation for having the highest caliber healthcare facilities. Since healthcare is so common, there are roughly 181 doctors for every 100,000 residents. One of the most important problems in any community is the lack of health […]
With COVID-19 prompting people to cut their expenses, we explain why life insurance should remain a priority in the UAE. Why Would People Cut Life Insurance? COVID-19 is continuing to affect the income of UAE residents and many are looking for ways to tighten their purse strings and cut expenses wherever possible. Whether it’s through […]
A year on from the start of the pandemic and COVID-19 is still driving demand for life insurance. Over the course of the last year, the pandemic has caused many to re-evaluate their finances as they realise that the unexpected can, and does, happen. People have realised that they need to prioritise the financial wellbeing […]
After almost four months of the BOD-49 regulation, some are projecting that the changes will lead to a reduced uptake of life insurance products and other financial services, particularly amongst the expat population in the UAE. Some Background – BOD-49 and Commissions. The BOD-49 regulations – which were introduced on October 16th– are an attempt […]
It’s the new year and a fantastic time to get your financial priorities in order. But which financial decision should you prioritise? Well, after the COVID-19 pandemic, it should be obvious why everyone with financial dependents needs life insurance – the unexpected can, and does, happen. Life insurance provides a financial safety net for the […]
In the UAE, life insurance penetration has been relatively low. This lack of uptake is no doubt due to the primary demographic of the population – expats. Most of the expats that make up the UAE’s workforce are young and therefore feel like life insurance is not something that they need. But in the UAE, […]