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The number of people in Dubai that have health insurance has increased to 4.7m, from 1.8m in 2013. For the most part, this is down to the introduction of mandatory health insurance.
To date, around 99% of Dubai residents are covered with health insurance. This is compared with less than half in 2013. To combat the small number of people that do not have health insurance, the emirate is working to block visa renewals for those who are uninsured. A major driver of this change is to prevent residents from being faced with medical bills they cannot afford.
Sponsors, whether to an employee or family member, are required to provide at least a basic policy (EBP). Prices for EBP policies range from AED 550 to AED 750 per year. As per the Emirates law, the minimum policy limited for a Dubai visa holder is AED 150,000.
The minimum allowable annual policy limit for a Dubai visa holder under the EBP is AED 150,000. There are programs attainable with coverage up to AED 5m Those who fail to ensure employees or dependents will be fined AED 500 per person, per month, of nonobservance. Dubai Health Insurance Corporation, which is beneath the Dubai Health Authority, is assigned to license and regulate medical insurers.
The first bank on the list provides made-to-measure personal loan packages for both UAE nationals and expatriates residing in Dubai. The personal loan offers at the Abu Dhabi Commercial Bank come with reasonable interest rates, higher salary multiples, and flexible eligibility requirements.
- Longest repayment period
- Easy documentation
- Free credit life insurance
- Free ADCB credit card
- UAE nationals receive up to 3 times salary overdraft while expatriates get up to 2 times
Secure Life is affordable:
- Monthly premiums from as low as AED 20
- Different ‘sum assured’ values to cater to your specific insurance needs and budget
- Flexibility to increase your cover whenever you wish
- Involuntary Loss of Employment (ILOE) cover of AED 6,000 up to 6 months’ period
The Secure Life application process is simple and convenient too:
- Apply online through ADCB Personal Internet Banking by just a click of a button
- Just send an SMS or call our toll free number to apply
- No medical examination required for immediate cover*
- Payment is debited from your ADCB account
- Lump sum payout to your family in the event of your death
The Secure Life application process is simple and convenient too:
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