Living and working in the UAE offers many opportunities, but it also comes with unique financial responsibilities. In a country where residents — both locals and expatriates — play active roles in shaping their financial futures, protection insurance has emerged as a vital safety net. As a leading life insurance broker with a longstanding reputation, […]
Category Archives: Life Insurance
16
Dec
Dec
As a trusted life insurance broker with a long-standing presence in the UAE, IAE Insure has witnessed significant changes in the life insurance landscape over recent years. Our commitment to providing tailored solutions for individuals and businesses has given us a unique perspective on how personal and group life insurance has evolved. From regulatory reforms […]
20
Mar
Mar
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 […]
23
Mar
Mar
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 […]
23
Feb
Feb
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 […]
04
Feb
Feb
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 […]
07
Jan
Jan
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 […]
18
Dec
Dec
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, […]
04
Dec
Dec
With a vaccine on the horizon, optimism is growing about the COVID-19 pandemic drawing to a close. But, with life heading towards the new normal, people’s attitudes and mindsets have permanently changed. Changing Mindsets. It’s no surprise that both people’s attitudes and priorities are changing as a result of the COVID-19 Pandemic. A recent study […]
14
Nov
Nov
On the 16th October 2020, the UAE Insurance Authority brought in its much-discussed BOD-49 life insurance regulations. Whilst these were supposed to come into force earlier, the implementation of the new regulations was delayed by the pandemic. The BOD-49 regulations are intended to combat mis-selling and increase transparency and value for consumers. What Is The BOD-49 […]