Watania Health Insurance

Overview

Watania Health Insurance Company was incorporated in the year 2011 in order to provide comprehensive locally compliant medical insurance across the UAE. Based in Abu Dhabi, the Watania insurer has an expertise in a wide range of health insurance products including the Shariah compliant & Takaful medical insurance products.

Watania Health Insurance Company was established by ALDAR Properties PJSC, Abu Dhabi National Islamic Finance, Abu Dhabi National Insurance Company, and Abu Dhabi National Energy Company. Using the knowledge & expertise gathered by all these well-known companies over several years of services to the United Arab Emirates, Watania Health Insurance Company ensures that quality health insurance products are offered to the local & foreigners living throughout the UAE.

Watania Health Insurance Plan

Watania offers ‘Family Care Plans’ which are well-defined individual takaful scheme providing medical cover to the UAE residents. Watania Medical Insurance has evolved by having a great understanding of the market needs of this region. Watania health insurance policies focus sticking to the compulsory guidelines, which are laid down by the UAE’s takaful regulators with very attractive plans & affordable health insurance premiums. The administrative protocols and the vital benefits of this health insurance plan ensure complete customer satisfaction.

MedNet administers the ‘Family Care Plan’ offered by Watania Health Insurance.

UAE residents are eligible to apply for ‘Family Care Plan’ by Watania Health Insurance. The dependents including spouse & children of a principal applicant who are UAE residents are also qualified to be covered under this health insurance plan automatically. 

FAQs

Q.1. Who is the administer of Family Care Plan by Watania Health Insurance?

Ans: The Family Care Plan offered by Watania Health Insurance is administered by MedNet.

Q.2. Who all are eligible for the Watania Health Insurance?

Ans: The residents of UAE are eligible to apply for the Family care Plan offered by Watania Medical Insurance. The dependents including spouse & children of a principal applicant who are UAE residents are also qualified to be covered under this scheme automatically. 

Q.3. What is Watania medical takaful?

Ans: Watania Medical Takaful provides you the coverage for the cost of private medical treatment, surgical procedures, healthcare treatment, if you’re diagnosed with certain critical illnesses/diseases.

Q.4. What factors affect the health insurance premium?

Ans: One of the major factors that affect the health insurance premium is the age. The older you are, the cost of health insurance premium will be higher since you’re more prone to illnesses. In addition to this, previous medical history is another major factor that affects the health insurance premium cost. If no prior medical history exists, the health insurance premium will be lower automatically. Well, claims-free years can also be a factor in determining the cost of the premium as it might benefit you with a certain percentage of the discount. These factors will eventually reduce the rate of your health insurance premium.

Q.5. What is Coinsurance and how it is different from deductible?

Ans: Coinsurance is the amount that the insured person has to pay for every healthcare treatment, prescription, consultation, medication,  services & test availed by him/her. While on the other hand, the deductible is the amount that the insured person has to pay before the medical insurance plan begins to pay for your healthcare. Once you pay the deductible, the health insurance company starts to pay for services & facilities you avail.