Features and benefits
Our award-winning protection product for the United Arab Emirates (UAE).
| Product features | Benefits |
|---|---|
| Life Cover | Financial support and peace of mind that your client’s loved ones could survive financially, in the event of their death. |
| Critical Illness Cover (CIC) | In the event of your client being diagnosed with one of our defined critical illnesses, the policy will pay out releasing the burden of financial worry. |
| Life or Earlier (CIC) | Depending on the scenario which has occurred first, Life or Earlier Critical Illness Cover will pay out on the event of your client’s death, or if your client is diagnosed with one of our defined critical illnesses. |
| Terminal Illness Benefit | Pays if diagnosed with a Terminal Illness. Included at no extra cost, for Life Cover policies with terms of 3 or more years and all Life or Earlier CIC policies. Your client can spend quality time with their family, with the help of financial support. |
| Total and Permanent Disability Benefit (TPD). |
An optional addition to Life Cover, paying out if your client is diagnosed with a TPD. They would receive financial support, if they are totally and permanently disabled. |
| Guaranteed Premiums | Premiums will remain the same for Life Cover and Life Cover with TPD. CIC premiums are guaranteed for the first 5 years. Meaning your client can budget effectively as their life cover premiums will never increase. |
| Multi-currency | Premiums and cover available in US Dollars (USD), Sterling (GBP), Euro (EUR) and UAE Dirham (AED). Your client can choose a currency which suits and this will remain throughout the plan. |
| Single and Joint Life | Single or joint life basis available. Offering financial security that your client’s spouse is covered, should they choose joint life. |
| Cover available for any term | Cover is available for any number of years, providing your client is under age 80 at the end or age 70 for Critical Illness Cover. |
| Monthly or Annual Premiums | Premiums can be paid either monthly or annually. Your client can decide which frequency better suits them. |
| Level or Decreasing Term | Both types of cover offer a lump sum payment on death. Decreasing Term provides a lump-sum at the time of claim that aims to sufficiently cover the outstanding liability on a repayment loan – ideal protection against a mortgage. You can choose cover to suit your client’s individual circumstances. |
| Portability | It's portable, which means your client can take it with them if they ever decide to move. |
| Accelerated Premium Payment (APP) | For expatriates who prefer not to continue paying premiums throughout the policy term, the APP provides a range of payment terms. |
