FPI Life Insurance

FPI Life Insurance offers tailored protection solutions to meet your specific needs, with three distinct cover options —

1. Stand-alone life cover: Provides financial support for your beneficiaries in the event of your passing.
2. Stand-alone critical illness cover: Offers a payout if you’re diagnosed with a covered critical illness, helping you manage costs during recovery.
3. Combined insurance: This option offers life insurance and flexibility during a critical illness.

Furthermore, you can select level or decreasing term coverage according to your situation, ensuring the coverage fits your needs and financial objectives.

Types of FPI Life Insurance 

FPI Life Insurance UAE offers a range of tailored protection plans designed to provide you with the financial security you need during challenging times. 

The cover includes the International Protector Middle East + (IPME+) plan.

Here’s a closer look at the types of coverage available —

• Life Cover: Offering protection up to $32 million, this policy pays out upon the death or diagnosis of a terminal illness during the policy term. This sum ensures your loved ones are financially supported.
• Life Cover with Total Permanent Disability Benefit: This option includes coverage up to $2 million for total and permanent disability due to physical illness or injury, providing an extra layer of financial protection.
• Life or Earlier Critical Illness Cover: With a payout of up to $1,250,000, this policy provides a cash sum if you pass away or are diagnosed with a terminal illness, critical illness, or disability during the policy term.
• Critical Illness Cover: Also available up to $1,250,000, this coverage pays out if you are diagnosed with a critical illness or disability, allowing you to focus on recovery without financial stress.
• Mortgage Protection: By assigning your policy to your lender as security, you can ensure that any outstanding mortgage is repaid directly in the event of a valid claim. This benefit can save your family from this financial burden.

Key Features of FPI Life Insurance Policy

Choosing an FPI Life Insurance policy offers a range of valuable benefits designed to provide you and your loved ones with financial security and peace of mind —

• Comprehensive Life Cover: Offers financial support for your loved ones, ensuring they can maintain their lifestyle if something happens to you.
• Critical Illness Cover (CIC): Provides a payout if you're diagnosed with a defined critical illness, allowing you to focus on recovery without financial worries.
• Combined Life or Earlier CIC: This option pays a cash sum if you die or are diagnosed with a critical illness—whichever happens first—offering protection for both scenarios.
• Terminal Illness Benefit: Included at no extra cost for Life Cover policies with terms of three years or more. This benefit pays out if you're diagnosed with a terminal illness, allowing you to spend quality time with your family.
• Total and Permanent Disability Benefit (TPD): An optional addition that provides financial support if you are diagnosed with a total and permanent disability.
• Guaranteed Premiums: Enjoy fixed premiums for Life Cover and Life Cover with TPD, with CIC premiums guaranteed for the first five years. This allows for effective budgeting without surprises.
• Multi-Currency Options: Choose a currency that suits you, with premiums and coverage available in USD, GBP, EUR, and AED.
• Flexible Coverage Terms: Tailor your cover for any number of years up to age 80 (age 70 for CIC), allowing you to match your policy to specific needs, like a mortgage term.
• Payment Flexibility: Opt for monthly or annual premium payments based on what works best for your budget.
• Level or Decreasing Term Options: Choose between level cover for consistent payout amounts or decreasing term cover, which adjusts to your outstanding liabilities, ideal for mortgage protection.
• Portability: The policy is portable, meaning you can take it with you if you move.
• Accelerated Premium Payment (APP): For expatriates, this option allows for a range of payment terms, so you don't have to continue paying premiums throughout the policy term.

Why Choose FPI Life Insurance UAE?

Life insurance is a crucial safety net for everyone, no matter your age, gender, beliefs, or financial situation. 

With FPI Life Insurance, you can —

For more information, you can always check the FPI Life Insurance reviews online.

FPI Life Insurance Settlement Process

Filing a claim for FPI Life Insurance settlement is simple and straightforward. The company ensures that you receive the support you need when it matters the most. 

Here’s how the process works —

Notify FPI Insurance:

• Visit the FPI Insurance official website.
• Click on ‘Online Services.’  
• Then go to FPI Life Insurance Login/Register. 
• Add all the necessary details to initiate your claim.

A team of personnel will contact you and will guide you through the necessary steps.

In case of immediate assistance, you can also:

• Call them at +971 4436 2800 
• E-mail them at customerservices@fpiom.com
• Visit the office branch in Dubai as well

How Much Does FPI Life Insurance Cost?

You might be surprised to know that getting life insurance isn’t as expensive as you think. It is one of the most cost-effective ways to secure coverage against death or serious illness. While this type of insurance doesn’t accumulate a surrender or maturity value, it offers invaluable peace of mind. 

Here’s the cost breakdown —

• Monthly Premiums: Start from as low as $25 (AED 92 approx).
• Factors Affecting Cost: Premiums depend on age, gender, health, occupation, and the type of coverage.

Frequently Asked Questions