Short Term Disability Insurance - Short term disability insurance is a type of insurance plan designed to compensate for the lost income due to a disability
Buy a term plan and secure your family
One of the best ways to protect your loved one’s future financially even when you are not around is to opt for a term insurance plan. It is a type of life insurance policy that offers sum assured to the beneficiary upon the untimely demise of the policyholder.
There are several life insurance companies in the UAE that offer term plans. And each of the life insurance company offers number of variants of term life insurance plans. In such a case, opting for the right term plan for oneself could be a very confusing task.
But fret not. There is one technique that has transformed such a confusing task into a cakewalk. All you need to compare term life insurance companies based on their sum assured, claim settlement ratio, coverage, and other key features. This will certainly you to find the best term life insurance plan at an affordable premium.
Let’s compare term plans from the top 5 life insurance companies in the UAE:
The Hemaya Plus term life insurance policy by Salama is one of the best term insurance policies that you can opt for without giving a second thought. It ensures the financial protection to your loved ones in case of unfortunate event of your untimely death. Following are some of the key features and benefits of this term plan:
Life live is a smart yet simple solution that ensures that your dependents can easily cope up with the financial liabilities even if you are no longer in the world or falls critically ill. You can also customize your term insurance policy to meet your financial goals and the family’s lifestyle. Listed below are the key features and benefits of this term life insurance plan:
This is a level term insurance plan which comes with a protection policy. It offers the sum assured to the beneficiary if the insured passes away during the policy tenure. Given below are the main features & benefits of this term plan:
This is a non-profit pure term insurance cover that decides the cost of the premium based on the policyholder’s health & their habits such as smoking. If the insured doesn’t smoke then the premium cost charged is lesser than the premium amount charged for a smoker. Following are some of the key features & benefits of this term plan:
Life is uncertain so it is difficult to predict the future but it is ideal to plan for your future. To ensure that your family members are financially protected and have the same standard of living if you pass away, you should opt for an adequate term life insurance plan like Life Guard term plan. With longer policy tenure, low premium costs, and lump sum cash payout, it is one of the best term plans available in the UAE that ensure you complete peace of mind. Given below are the main features & benefits of this term plan:
The Bottom Line
So, there you have the list of top 5 life insurance companies that offer term plans in the UAE. You can compare online term plan based on the premium, additional riders, claim settlement ratio, and other key features to find an apt term plan for securing the future of your loved ones financially.