Top 10 Life Insurance Companies in UAE
Finding the best life insurance companies in the Dubai, UAE isn’t just about comparing prices, it’s about securing your family’s financial future with a trusted, reliable provider. With plans, it’s also important to learn how to select the right plan. With Policybazaar.ae, however, comparing and ...read more
Why Choosing the Top Life Insurance Companies in UAE Matters?
Picking the right life insurance company in UAE is important because it decides how safe and secure your family’s future will be. A trusted insurer gives you —
- Financial Security and Timely Payouts: The best insurers offer a high claim settlement ratio. This ensures your beneficiaries receive funds promptly when needed most.
- Customisable and Comprehensive Coverage: Policies from reputable companies allow for add-ons like critical illness cover, disability protection, and riders for accident or premium waivers.
- Customer Service, Transparency, and Ease of Process: Leading companies excel in customer service, digital claims processing, and clear policy documentation. A smooth and transparent claims process reduces stress for families during crises.
- Provider Integrity and Regulatory Protection: Highly rated insurers — like Zurich, MetLife, HAYAH, Sukoon, Salama, LIC International, and more — stand out for their reliability
Buy Best Life Insurance Plan in UAE
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Best Life Insurance Companies in Dubai, UAE
While there are several life insurance companies Dubai and other Emirates, finding the best one is a great challenge. To help you make an informed choice, we have curated a list of the best life insurance plans with their features and exclusive advantages —
List of Top Life Insurance Companies in UAE |
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|---|---|
| 1. Zurich Insurance | 2. Metlife Insurance |
| 3. Hayah Insurance | 4. Sukoon Insurance |
| 5. Salama Insurance | 6. Union Insurance |
| 7. LIC International | 8. Orient Insurance |
| 9. Watania Takaful | 10. Takaful Emarat |
1. Zurich Insurance
Zurich, one of the best life insurance companies in Dubai, helps people in over 200 countries stay safe and ready for the future. With a huge team of experts, it offers life coverage, critical illness cover, and savings plans to protect families like a safety net. They use smart digital tools to show customers what their future could look like and help them plan for it.
Its cordial advisers listen carefully, understand your life’s challenges, and create a special coverage just for each person so they can reach their financial dreams with confidence.
You can certainly choose to buy insurance from this life insurance company in the UAE for the following reasons —
- Quick claim settlement process with 98% of claims settled
- Customisable insurance plans
- Round-the-clock customer care service
- Total cover of USD 59.5 billion in the market
Top Zurich Life Insurance Polices
| Plans | Benefits |
|---|---|
| Critical Illness Protection |
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2. MetLife Insurance
MetLife has had a strong presence in the region for more than 65 years. With its headquarters in Dubai, this is one of the top life insurance companies in the UAE that provides comprehensive and customisable insurance plans.
Over the years, the company has adapted to changes while keeping their promise to guide customers through life’s ups and downs.
Top MetLife Insurance Polices
| Plans | Benefits |
|---|---|
| Secure Plus |
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| Live Life |
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| Future Protect |
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3. Hayah Insurance
One of the best life insurance companies in the UAE, HAYAH Insurance, has served over 150,000 individuals and businesses in the country. As a top-rated life insurance company, HAYAH offers plans to financially secure individuals and their families against unfortunate events. With a mission of empowering its customer base, the company offers comprehensive solutions through its life insurance policy. You should explore the best life insurance policies in UAE for
- A digital life insurance plan that can be managed easily
- Products regulated and approved by the Central Bank of the UAE
- Customisable insurance plans
- 24/7 customer care services
Top HAYAH Insurance Polices
| Plans | Benefits |
|---|---|
| Term Life Protect |
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| Simple Life |
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| Loan Protect |
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4. Sukoon Insurance
Sukoon Insurance offers top-notch plans that financially protect the policyholder and family in case of uncertainties. As one of the top life insurance companies in Dubai and all other Emirates, it has earned the trust of people to protect what matters most to them. From easy online services to fast claim payouts, the company always puts customers first. Its strong financial foundation and award-winning service have made it the trusted choice for over 1.36 million insured members.
Some of the reasons to buy best life insurance in UAE from this provider are —
- Customer-centric insurance plans
- High-quality products
- Constant product upgradations
- Round-the-clock customer care service
Top Sukoon Insurance Polices
| Plans | Benefits |
|---|---|
| Life Guard |
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| Term Protect |
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| Whole-of-Life Insurance (Life Protect) |
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5. Salama Insurance
If you’re looking forward to Shariah-compliant plans, Salama Insurance is the way to go. This Islamic Takaful company is listed among the top 10 life insurance companies in UAE. Established in 1979, it is listed on the Dubai Financial Market and has a paid-up capital of AED 939 million.
The insurance solutions of Salama strictly comply with the Shariah law, making them sought after among the residents and non-residents alike. Here’s why the best life insurance in Dubai from this provider are worth exploring —
- Easy quotes and quick claim process
- Customisable plans
- Shariah-compliant policies
- 45+ years in the insurance industry
- 50 awards in the last 5 years
Top Salama Insurance Polices
| Plans | Benefits |
|---|---|
| Hyat Superior |
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| Hemaya Plus |
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| Hemayati Plus |
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| Hyat Secure |
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6. Union Insurance
Founded in 1998,and listed on the Abu Dhabi Securities Exchange Union Insurance is one of the top life insurance companies in the Emirates. This insurer, known for its comprehensive solutions for both individuals and businesses, offers a wide range of choices, making it a strong contender among the best life insurance providers in the UAE.
Here are some of the benefits you’ll enjoy —
- Exceptional customer service
- Digitalised policy issuance or submission, and claim tracking
- Hassle-free claim process
- Experienced technical team
Top Union Insurance Polices
| Plans | Benefits |
|---|---|
| Smart Term Life |
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| Smart Critical Illness |
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| Infinity Life |
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7. LIC International
Founded in 1989, LIC International is one of the top 10 life insurance companies in UAE. If you are an NRI looking for life policies in the Middle East, this is a provider to look up to. Starting small with a USD 0.245 million asset base, it has now become a Billion-Dollar company. Top LIC International Polices
Here are the benefits of LIC International, providing excellent plans for those seeking the best life insurance in Dubai and all other Emirates –
| Plans | Benefits |
|---|---|
| Life Protect Term Plan (Plan 278) |
Critical Illness Rider (Optional)
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8. Orient Insurance
Established in 1982, Orient Insurance is a part of Al-Futtaim Group. This life insurance company has a paid-up capital of AED 500 million and an A+ credit rating.
The company has a wide range of network branches in Abu Dhabi, Sharjah, Jebel Ali, Al Ain, and Ras Al Khaimah that offer an array of services.
Top Orient Insurance Polices
| Plans | Benefits |
|---|---|
| International Term Plan |
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9. Watania Takaful
Watania International Holding PJSC (WIH), earlier called Dar Al Takaful PJSC, is a company listed on the Dubai Financial Market with the ticker WATANIA. It started in 2008 and grew by joining with other Takaful companies, buying Noor Takaful in 2020 and merging with National Takaful Company (Watania) in 2022. This made it one of the best life insurance companies in Dubai. In March 2023, it became an investment holding company, focusing on Shari’ah-compliant investments in Takaful and related services.
| Plans | Benefits |
|---|---|
| Life Care |
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| Pure Protection |
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10.Takaful Emarat
Incorporated in 2008, Takaful Emarat is one of the top life insurance companies in the UAE. It is a Shariah-compliant Takaful company with comprehensive life covers that protect the policyholder and their family in case of any uncertainty. The life insurance plans from this provider comply with Shariah-laws while catering to the emerging needs with a modern approach.
Top Takaful Emarat Polices
| Plans | Benefits |
|---|---|
| Fixed Term |
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| Decreasing Term |
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How to Choose the Best Life Insurance Companies in the Dubai, UAE?
Here are some tips to select the right Dubai life insurance companies —
- Buy Early — Premiums are lower when you’re younger. Buy life insurance as soon as you start earning to save on costs.
- Set Life Insurance Goals — Decide whether your primary goal is to secure your family's financial future with an insurance plan or save for specific goals like your child's education with a unit-linked insurance plan.
- Calculate Optimal Coverage — Ensure your coverage is at least 10-15 times your annual income. Consider family expenses, debts, future costs, and subtract your liquid assets to find the right amount.
- Determine Premium Amount — Use online calculators to compare policies and find the best deal. Match your premium paying tenure with your future earnings.
- Select Policy Term — Choose a term based on how long your family will depend on you financially, typically until you stop earning.
- Choose a Reputable Insurer — Look for companies with a high Claim Settlement Ratio (CSR) and read customer reviews to ensure reliable service.
- Disclose All Facts — Inform your insurer about tobacco or alcohol use, hazardous jobs, or existing illnesses to avoid future claim rejection.
- Read the Policy Document — Understand terms, conditions, lock-in periods, and claim conditions before committing.
- Choose a Comprehensive Plan — If required, go for riders like Critical Illness, Accidental Death Benefit, Permanent Disability, and Terminal Illness to enhance your coverage.
- Regularly Review Needs — Reassess your insurance needs periodically and adjust your coverage to match changing financial goals and life events.
Key Factors in Evaluating the Best Life Insurance Companies in Dubai
1. Financial Strength and Longevity
Pick a company with proven financial stability. Check ratings from agencies like Fitch, Moody’s, and Standard & Poor’s to see if the insurer can meet its long-term obligations and pay claims without issues.
2. Customer Service and Claims Management
Great customer service means quick and hassle-free claims, helpful staff, and clear communication. Top insurers make the process simple, which improves the overall policyholder experience.
3. Policy Variety and Customization
The best insurers offer different plans such as term life, whole life, and Takaful (Sharia-compliant insurance). Flexible options and add-ons like critical illness riders or accidental death benefits allow you to tailor coverage to your needs.
4. Special Features and Added Benefits
Look for extra benefits like:
- Critical illness protection: lump sum payout upon diagnosis of a covered illness.
- Premium waiver: your policy stays active without payment if you’re disabled.
5. UAE Market Expertise
Choose a company familiar with UAE laws, cultural needs, and expat requirements. Local expertise ensures the right coverage, including Sharia-compliant options where needed.
How Policybazaar.ae Help Find the Best Life Insurance Company in Dubai, UAE?
Comprehensive Comparisons
Policybazaar.ae lets you compare plans from top insurers side-by-side, checking features, benefits, and prices in minutes.
Expert Insights
Our specialists explain complex terms in simple language. They help you find a plan that fits your budget and goals.
Exclusive Access
Get special discounts and deals only available on Policybazaar.ae, ensuring more value for your money.
Success Story – How We Helped TasimTasim, an expat in Abu Dhabi, wanted to secure his family’s future without overspending. Using Policybazaar.ae, he compared multiple plans, found the right balance between cost and coverage, and bought his policy online. Today, he has peace of mind knowing his family is financially protected. |
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