The United Arab Emirates (UAE) is set to take a significant step towards achieving universal health coverage by mandating employer-paid health insurance for all foreign employees in the private sector nationwide. Starting in 2025, this policy will extend beyond Abu Dhabi and Dubai, ensuring comprehensive healthcare benefits for employees across all seven emirates. For businesses […]
Tag Archives: UAE
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 […]
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 […]
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 […]
Medical insurance is mandatory in the UAE. While, on the surface, this can seem like a positive, what it also does is leave many complacent about getting critical illness cover. Life Insurance, Critical Illness and Medical Insurance: The Differences. It can be hard to decipher the differences and benefits of different types of insurance, and […]
The life insurance sector in the UAE has an extraordinary growth rate (10% a year) and many competing insurers which means great deals for consumers in the UAE. But understanding life insurance in the UAE can be hard. So, how do you get the right deal for you? We’ve made guides before, but in this […]