Continuing our regular news coverage, we’ve collected the most relevant stories for our customers in part five of our UAE Coronavirus News Roundup.
How to pay your bills during Coronavirus.
Many in the UAE, and the world over, are facing job losses as a result of Coronavirus. As a result, hordes of people are wondering what they can do to pay the bills. Luckily, if you’re in the UAE, there’s help available. Many welfare organisations and charities in the UAE are aiming to help and they’re doing so in numerous different ways, dependent on the needs on the individual.
Waiving Visa overstay fines as a result of Coronavirus.
As a result of the Coronavirus pandemic, there are a large number of expats left in limbo in the UAE. A huge number of expats working in the UAE are dealing with expired visas whilst also being unable to leave the UAE due to lockdown measures. However, those expats with visas that expired before the 1st of March have been given amnesty on overstay fees. Here’s everything you need to know.
Loss of income increasing appetite for life insurance amidst Coronavirus.
Life Insurance is a prime concern for those suffering income losses in the UAE. Not only are residents more aware of the importance of life insurance but they are also facing job losses and income reduction. All of these factors have coalesced to show the vital importance of having life insurance and this is being reflected in the appetites of UAE residents.
https://international-adviser.com/loss-of-income-risk-prompts-rush-for-life-cover/
If you’re concerned about whether you have enough cover or want to discuss what policy is right for you, contact IAE Insure today at info@iaeinsure.ae or call +971 4 396 1878 for a FREE no obligation quote. Visit us at www.iaeinsure.ae.