UAE – 6 months for old-aged before insurance cover
Monday, 02 13 2017, Category: Insurance and Reinsurance, Country: U.A.E
A number of insurance policyholders above age 60 were surprised about the delay of the effective date of coverage by six months even though they paid AED 2500 annually for insurance given the implementation of insurance on all citizens in Dubai.
A number of them told “Al Bayan” that they were not previously notified about it by insurance companies and they were shocked when physicians asked them to pay the price of treatment, so this was considered as a manipulation exercised by insurance companies, which did not notify policyholders beforehand about it.
Source: Al Bayan - UAE