AXA offers you Simple Life to better prepare you for unpredictable events. National Bank of Ras Al Khaimah’s (RAKBANK) ‘Life Insurance Comes of Age in the UAE’ virtual conference highlighted how the penetration rate of … You can get this optional cover for just an added premium of
AED 100 for a one-year policy term. Oman Insurance Company (PSC), or OIC, is one of the leading insurance solutions providers in the Middle East, headquartered in Dubai, UAE. You will get a refund for the remaining months of your policy if you paid the annual premium in advance. No questionnaire or medical checkup is required. You are eligible to sign for this plan as long as you are between 18 to 59 years old and a resident of the United Arab Emirates at the time of policy issuance. Get the best quote now! Product terms and conditions and exclusions apply. You will get a refund for the months that you paid for in advance if your policy is paid on an annual basis. The life insurance industry has grown in the UAE as more banks and insurance companies currently offer such policies. *Source: HSBC Global Report, The Power of Protection – Facing the Future, 2017. AXA Hospital Cash plan is one of the easiest and most effective ways to provide you with financial support in the event of hospitalisation. Ensure your family's financial security and happiness. AXA will pay for the repatriation of your domestic helper (or their bodily remains) to their home country and manage all the repatriation process on your behalf. Oman Insurance Company offers four kinds of life insurance policies in Dubai, UAE - choose your life insurance plan as per your individual requirement. You can ask for these documents from any of our Branches. Simple Life is one of the easiest and most cost-effective ways to provide financial security to your loved ones. An early termination of the plan usually incurs high cost and the surrender value payable (if applicable) may be less than the total premiums paid. The best Life Insurance Plans for Individuals to keep your family financially secure even if the worst happens; just choose the one that suits you the best. HSBC Bank Middle East Limited in the U.A.E. For the avoidance of doubt, HSBC does not provide tax advice and you should seek your own external tax advice in relation to this product. As occupants become more established, wed, form families, start a business, and so forth, having a life insurance policy set up is likewise a significant piece of having a balanced financial arrangement. Our banking services are always within your reach through Online Banking, HSBC Mobile Banking app and Phone Banking. Zurich require a claim form to be completed with supporting evidence, including the death certificate and any accompanying medical reports. Our website doesn't support your browser so please upgrade. Whole of life term insurance pays a … All Rights Reserved. Our mission is to help our customers prepare for the challenges and opportunities that the future brings. You can insure your spouse at a discounted premium. if your domestic helper does not return to work during the sponsorship period. 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