UAE - Action on dependents’ health ins. Renewals
Monday, 07 09 2018, Category: Insurance and Reinsurance, Country: U.A.E
Authorities in Dubai need to intervene to ensure residents on two-year resident visas are renewing their medical insurance policies. Since the beginning of the year, multiple sources have told Gulf News that more than 50 per cent of one-year policies have not been renewed. While there are a number of reason for someone not renewing their medical insurance, such as permanently leaving the country, industry insiders say a significant number of residents are going without proper coverage into the second year of their residency permit.
In the UAE, all residents must buy insurance coverage during their two-year residency term. Mandatory medical coverage for all dependents of a sponsor came into effect in 2017.