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When it comes to safeguarding and protecting our loved ones, Life insurance appears to be the most suitable tool in fulfilling the purpose. These plans are affordable, user-friendly, and flexible which allows insurance seekers to provide a blanket of financial protection to their loved ones during the phases of financial instability.
The insurance market in the UAE is quite diverse and there are numerous insurance providers that offer the best life insurance plans in UAE. Very often, it becomes difficult for people to choose the best life insurance plan in UAE due to the wide variety of products available in the market.
In order to simplify your job, and make sure that you choose the best life insurance in UAE we have compiled a list of top 5 life insurance plans in UAE in May 2021. So, if you are looking forward to purchasing life insurance to safeguard your family and loved ones against the strokes of uncertainties, this quick read will help you to make a better decision.
National Bank of Abu Dhabi commonly known as NBAD provides a secure life insurance plan that is a reliable and efficient tool to safeguard and protect one’s, family members. The secure life from NBAD offers a wide array of benefits to insurance seekers. The key benefits of the plans are as follows-
Pure protection plan from Noor Bank provides the opportunity to secure the future of your family members and loved ones. The trail of life is uncertain and none of us are aware of the fact that what might happen the very next moment hence the only way to stay protected is to be protected via best life insurance in UAE.
The plan is quite suitable for short-term goals that include takaful coverage (Islamic coverage) or to cover outstanding financial obligations such as mortgage and student loans. The pure protection from Noor bank offers a plethora of benefits, here’s a quick rundown-
Another popular and affordable best life insurance in UAE from Noor Bank is the Hyat Plus. The plan takes care of your insurance needs at different stages of life providing required coverage and protection.
The Hyat plus from Noor bank lays emphasis on single people and allows them to accumulate savings for their future by providing monetary protection in case of an unfortunate event. For married people with families and kids, the Hyat plus plan offers full-fledged financial protection so that the future of your loved ones is secure even when you are not around to look after their needs.
The Key Features of the Hyat Plus from Noor Bank are as follows-
Zurich is one of the leading insurance providers that render services in the UAE. The international term assurance from Zurich is a life insurance plan that is designed and developed keeping the needs of both expatriates as well as UAE national in the center.
The Term of the international term assurance from Zurich has decided at the outset of the policy since the death benefit is only payable if the policyholder passes away within the policy period. The plan does not provide any sort of maturity benefits. The key features of the international term assurance from Zurich are as follows-
Citi bank is a reliable and renowned insurance provider that renders services all across the world. The whole of life protection plan from Citi bank is flexible and user-friendly life insurance in UAE that helps the policyholder to provide the necessary financial protection to their loved ones during financial instability arising due to the disability or demise of the policyholder.
The key features of the Citi Bank Whole of life Protection are as follows-
In a Nutshell
With the above-mentioned plans, it would become easier to choose and go-ahead for the best life insurance plan in UAE. Insurance seekers should always compare, shortlist, and then select the insurance plan to get the best deal.