UAE – Companies seek life insurance
Thursday, 05 07 2015, Category: Insurance and Reinsurance, Country: U.A.E
Banks, petroleum companies, hotels and airlines are rushing to offer life insurance to their employees against disability and death. This move aims to help attract talent and guarantee continuity on the long term.
Mr. Youssef Amer a marketing director at Al Ain Ahlia insurane said that the insurance of individuals by their companies is gaining momentum in the country in order to secure protection against sickness, accident and death.
Amer indicated that the periods of insurance vary from one company to another ranging from 24 months, 36 months, 48 months to 60 months according to the decision of the company.
The insurance official of an insurance company operating in Abu Dhabi said that the value of the life insurance policy differs from one individual to another according to age, nature of work, the illnesses already suffered by the individual, the residency and nature of life activities, smoker vs. non-smoker and level of sports activities.
Source: Al Roeya - UAE