Imagine a nightmare where you return from a vacation and find that your house has been wrecked by a storm or God forbid a fire. It’s not your house that is destroyed but all your belongings.

Many people think this might not happen to them but anyone can be unlucky.

It is very important to realize the significance of home insurance in UAE because if such an incident happens to you, it is not only the loss of your belongings but also hundreds of thousands of dirhams.

Thus, in order to protect you from such loss, we have provided a guide for you so you can choose the ideal home insurance policy in UAE.

Home Insurance Coverage Plans

Before going further into the explanation of home insurance policy, first, let us explain the introduction of the home insurance policy.

Home insurance is also called the homeowner’s insurance. It is a type of insurance policy that the homeowners get against their houses.

This insurance means that the losses and damages of belongings are covered by getting compensation.  

Home insurance coverage is not only limited to houses but can extend to buildings, individual contents or personal belongings in the home. There are many incidents that are covered by a home insurance policy.

These incidents include damage to the building’s structure, interior and exterior; and loss or damage to belongings or personal assets in the home due to water, fire, or natural calamity.

Hence, many people don’t realize the importance of home insurance but are very important to protect your belongings.

 Home Insurance in UAE- An Important Step Towards Security

Many people think that in UAE they are safe from calamities such as fire, storms or earthquakes but in reality, this can happen everywhere. No one on earth is really safe from such incidents.

Although these incidents are very rare it can happen at any time. It is important to protect yourself from these incidents. For instant;

1. There was much news about the fires on a New Year’s Eve at The Address Downtown and then in another incident, there was a fire at Dubai Marina’s 86-storey Torch Tower.
2. It is particularly important for you to have this insurance if you are living in a place which is near to some public place. There are chances that public places might catch on fire and that fire can affect your home or belongings.
3. There are many seasons where expatriates or people leave their homes to go for vacations or back home.
4. These houses are left unattended with all the belongings. Leaving houses unattended increases the chances of flooding due to pipes getting over flooded.
5. This causes water damage to the house. This water damage extends to the personal belongings in the house if the flood is not discovered in time.
6. Without a home insurance, residents have to pay for all the losses. They have to pay for rebuilding the home structures and replacing the belongings that have been damaged by such incidents.
7. Sometimes the residents have to pay for the loss of neighboring properties along with the damage of home contents and décor.

Therefore, it is very important to take measures to mitigate losses.

Selection of the Right Insurance Home Policy

Many people have the misconception that if any incident happens, the landlord will bear the expenses. Therefore, it will be the responsibility of the homeowner to get home insurance.

It is not true because if any incident and the structure of the house are damaged, only then the owner has to pay for the mortgage.

The contents of the house will not be covered by the home insurance that the homeowner has selected.

The insurance will only cover the structural damages of the house. Therefore, in order to secure your own personal belongings and contents of the house, it is important you get home insurance for yourself.

1. It should not matter that you are living in your own house or are living in a rented home. Therefore, it is important to get home insurance against your own or rented property in the UAE.
2. It is important to get home contents insurance if you are living in a rented apartment or house.
3. This will help you to protect your belongings such as jewelry, electronics, furniture, etc. This insurance will help the coverage of loss or damage to your belongings.
4. In this way, you will not bear much loss. This insurance will replace or repair your items following damage from flooding, fire, vandalism or theft.
5. The landlord of your apartment or house will be having an insurance policy for the property that you are living in but it will not cover the damage to your personal belongings.
6. It will be the responsibility of the tenant to get an insurance policy for the belongings. This is because they will not have any support if their personal belongings are lost in the incident.
7. It is your responsibility to get building insurance as soon as you buy a property in UAE whether you buy a house, apartment or villa.
8. This insurance will ensure that the whole structure of your house will be safe in any case of incidents that occur.

The explanation of all the property that is covered in the insurance is mentioned in the contract. But this insurance policy will only cover the physical structure of your property. The belongings and contents of your house will be covered in the home contents insurance.

 Therefore, it is important to get the complete insurance policy so that everything within your house and property can be protected. Home contents insurance and your building insurance is all part of your home insurance.

Understanding an Ideal Home Insurance Policy

It is important to select a perfect home insurance policy for yourself. While shopping-home insurance, it is important that home insurance should be perfect for you so that everything is covered in that policy.

There are many insurance companies in the UAE that will provide you a perfect policy.

There are around 50 certified companies in the UAE. However, it is important to be careful of the fancy companies that are only promises and no real work.

 Insurance brokers will make many promises but in reality, many times these promises are not real.

It is very important for you to completely understand the coverage of your insurance policy before buying.

This will ensure that you know about all the details of everything that your policy will cover. These details will include a list of all the personal belongings, valuables, and property that will be covered by the policy.

You should keep in mind that insurance will cost you a premium that is the price that you have to pay for the contract of insurance.

This cost will ensure that you get a policy that is sufficient for you. You have to carefully select the premium plan that will work best for you at a price that is suitable for you.

A basic plan will start at 200 AED but there are many options available that are at different prices. These prices depend on the type of coverage you need. Coverage of more options will cost you more.

Therefore, it is important to note that you can have different plans for various prices.

Evaluate your Home Insurance Options

The most basic step that you have to consider that before signing and selecting any plan, you have to consider that at least the actual value of your belongings can be covered.

Therefore, it is important to check for the value that will be covered by the plan of your insurance policy in the UAE.

  If your property has a value of AED 50,000 and the insurance policy only covers half the value of this, it is not advisable that you get this policy.

Your premium plan should not be as such that the half of your value of personal belongings is not covered by it.

There is a complete detail of all the things that are covered in your insurance plan. It also explains the damage that will be covered in the plan.

 It is a responsibility to thoroughly go through the plan in order to completely get the picture of what is being offered to you.

Sometimes insurance providers use words that are vague and ambiguous that do not clearly tell what kind of things will be covered by the insurance plan.

Many home insurance providers say that all the household items in your house will be covered by this insurance.

 These household items include furniture or jewelry and not electronic home appliances.

This means that insurance will not pay for the damages done to your electronic devices in homes. It is important to know what your plan covers everything if you are paying a high price.

After knowing the contents of your insurance plan then decide which plan you have to purchase in the price that is offered to you.

Be Clear & Save your Home Insurance Claims from Rejection

You should not in any circumstances believe that in any case your insurance claims will be accepted.

There are many situations where the claim for the coverage of damage is rejected by the company. These circumstances are mentioned in your plan and you have to be very careful in this circumstance.

If an accident was caused by your own negligence, then the company is not liable to pay the insurance. False claims are also one of the reasons why the claim can be rejected.

Sometimes people falsely mention that the loss or damage is due to an accident. If it is found that it is not the case, the claims are rejected.

In order to be sure that the company can’t reject your claim, it is important that you read all the terms and conditions before signing the contract so that there is no problem later on. Evaluation of the insurance plan is very important for choosing the right policy.

There are many cases in which your ideal home insurance policy will be applied. These cases are:

1. If any accident causes damage to your property or the contents of your homes.
2. If you lose any home belongings by theft or attempted robbery.
3. If the receiving aerials fall on your house.
4. If the trees or branches fall on your house damaging the property or the structure of the house.
5. In the case of earthquakes, fire, explosions or lightning. Any damages caused by these incidents will be covered by your insurance plan.
6. If there is an incident involving smoke, it will be covered by your home insurance policy.
7. If a storm or flood causes damage to your property and home belongings, the loss will be covered by the insurance policy.
8. Any damage to the property by water or oil is covered by the insurance policy.
9. If any damage is caused to your property by the impact of an accident nearby, it will also be covered by an ideal insurance policy.
10. There are some situations in which property is damaged due to riots, civil unrest or political instability. You don’t have to worry about that because it will also be covered by your policy.
11. If in any case, your house becomes inhabitable, it will be covered by your insurance plan. You will be given an alternate option that will be provided to you by covering all the costs.
12. If any damage is caused to your belonging while shifting or moving, it will also be covered by your policy.
13. If any fatality is caused to you or your family member due to an accident in the home, it will also be covered by your policy.
14. Even the food contents stored in your refrigerator will be covered by the policy if they get destroyed due to a rise in temperature or any other factors.
15. There are many other cases that are covered by your insurance plan.

Therefore, due to these reasons, you should immediately select a plan that is suitable and perfect for you.  

Conclusion

This guide aims to make our target niche aware of the home insurance working in the UAE and how you can get the best deals and save yourself from hassle and traps.

The post Ideal Home Insurance in the UAE appeared first on Insurance Blog.

One of the most exciting places anyone can visit to celebrate New Year’s Eve in Dubai. The city is already packed with thrilling destinations and events and it is even more wonderful on New Year’s Eve.

Hence, if you are planning a trip on this New Year, Dubai is the best option for you.

This New Year will also mark the beginning of a new decade. This gives you all the more reasons to celebrate New Year’s Eve in one of the best places.

Dubai offers many provisions that can make your trip very memorable. The spectacular skyscrapers, fascinating fireworks, clubbing scenes, grand parties, and the overall extravaganza celebrations that are taking place in the city are some of the main attractions for the tourists.

New Year is almost here and it is time to choose the best place to celebrate it. Dubai might be the best option for you as the whole city lights up around New Year’s Eve. All the celebrations are massive in Dubai which you might not want to miss.

Thus, if you want to spend your New Year’s Eve in Dubai in a grand way, we have developed a list for you.

 This list contains all the events and places that you can visit and spend a spectacular Dubai New Year’s Eve.

1.The Spectacular Fireworks

Fireworks that are arranged by Dubai are one of the most spectacular sights on New Year. If you are planning a trip to Dubai on New Year’s Eve of 2020, you should not miss the magnificent fireworks that are displayed in various spots.

Witnessing these fireworks will fill you with utter excitement and happiness. These fireworks are famous in the whole world.

Every year the whole world watches the fireworks show on the television. You will get to witness this show personally in front of you.

These fireworks will mark the good times ahead that you will spend in Dubai on the New Year.

1. There are many places that you can watch the show of fireworks.
2. Many famous places display this show that will enable you to witness the fireworks from anywhere.
3. These places include Souk al Bahar, Dubai Fountain, the Burj Khalifa, Al Manzil Plaza, and Mohammed bin Rashid Boulevard.
4. You can even watch the show on the roads. There is a splendor show of fireworks in the Palm Jumeirah.
5. The fireworks take a shape of palm that will give you an out-of-Earth experience.
6. Similarly, the fireworks at the Burj Khalifa are very grand and are an experience everyone should have at least once in their lives.
7. You can view the fireworks happening at different spots from Umm Suqeim Park, Jumeira beach, in front of Dubai Police Academy, and Madinat Jumeirah.

Thus, once you are in Dubai, all you have to do is get the cab or your own transport and reach one of these places to witness these fireworks.

2. The Grand Parties in Dubai New Year

You are going to have the best time at the many grand parties that Dubai New Year hosts at various places. The parties themselves are so huge that you will be mesmerized. Not only this, you get the chance to meet the top celebrities from around the world.

The mouth-watering food served in these parties is one of the other reasons that you should not miss these parties. What’s a better way to welcome 2020 than to celebrate New Year’s Eve at some of the greatest parties in the world?

These parties attract tourists from all over the world due to their many offerings. These parties are conducted throughout the city at various places.

Celebrating New Year’s Eve with these parties is the dream of many people.

Hence if you happen to be in Dubai on New Year’s Eve of 2020, you must not miss these parties at any cost.

1. You can go to any party in Mina Seyahi, Nasimi Beach, Barasti Bar at the Le Meridien and the Atlantis on the Palm.
2. You can enjoy the New Year’s Eve at these parties in the best way possible. The party at the Atlantis on the Palm has become a legendary event.
3. Sundance Beach that is located at the Atlantis hosts parties in which you can enjoy the VIP performances by top DJs.

Hence, you can dance the night away with the music in these parties.

Our advice is that get in the car and reach one of these places to have the most memorable night of your life.

3. Dinner Cruise on the New Year in Dubai

You can also spend a quiet night with your loved ones enjoying good cuisine and an unforgettable view. Dhow Dinner Cruise is one of the best dinners that you can have in Dubai.

Thus, mark the beginning of the new decade in the company of your family or partner at a private dinner.

Dhow dinner cruise is a very special dinner whenever you visit Dubai, but it is specifically remarkable on New Year’s Eve.

 This dinner will be your own private and exclusive event that will make you feel closer to nature.

1. Gliding in a charmingly lit dhow on the Dubai creek is a dream for any person who enjoys the close company of nature. You get to see the city and its celebrations from afar along with the beautiful night sky.
2. The celebrations at how Cruise is also special on New Year’s Eve. You can witness the fireworks show for the New Year while enjoying your scrumptious dinner and some relaxing music.

The drinks accompanied by the beautiful sky and fireworks are altogether another experience you don’t get every day.

 The midnight cake will also mark the beginning of the New Year. If you are an admirer for such a night, there is nothing stopping you from reaching the place.

All you have to do is get in the car and reach your destination.

4. Scrumptious Dinner Accompanied by the Fireworks

There are many places that you can go for dinner that you can enjoy in the company of fireworks.

You can have dinner in many restaurants but on New Year’s Eve of 2020, you will want to visit the restaurants that will give you a view of the city.

You will not want to miss the view this evening because of all the amazing fireworks shows happening throughout the city.

You have many options to have dinner with your family or partners in Dubai New Year’s Eve.

1. 360° is a restaurant and bar located on the Jumeirah Beach. It is at the end of the pier and gives a view of the fireworks on the Burj Al Arab.
2. You can also go to Atlantis the Palm for dinner. There are many places there that can give you the desired view.
3. These restaurants are either on the rooftops or open-air. Medinat Jumeirah is another destination that contains restaurants that will fulfill your desire to have dinner in the company of fireworks.
4. Pai Thai – Jumeirah Al Qasr is a restaurant that has outdoor seating.
5. Downtown Dubai is another destination that is one of the most exciting places in terms of the parties and also the restaurants that give you a view of Burj Khalifa.

 On New Year’s Eve, the restaurants are one of the most attractive places as they can give you a view of the fireworks at the Burj Khalifa.

Therefore, you can go to these restaurants for a romantic dinner or spending time with your family or friends.

5. Traditional Celebrations on Desert Safari

One of the specialties of Dubai is the desert safari. The beautiful and vast desert attracts many tourists all around the year.

It is especially very interesting on New Year’s Eve. Apart from experiencing the feeling of being in nature, there are many activities on the safari that makes you connected with the traditional and cultural Dubai.

The beautifully-lit campsites, dune bashing, and watching the sunset attract tourists.

You can spend the evening being indulged in many activities that let you explore the culture of the city.

Hence, you get to spend a colorful evening in the company of talented performers who do different shows such as belly dancing, etc.

A buffet is also arranged that lets you enjoy the tastes of the city.

Along with that, the cultural henna painting has been one of the favorite activities on the safari.

Spending a traditional evening in the desert is a great way to welcome 2020. And lastly, the evening sky is lit with the fireworks.

The best part is that it is very easy to reach the place as it is well-connected to the city.

6. Picnic on the Beaches on Dubai New Year’s Eve

There are many spots on the beaches where you can have a picnic of your own. You don’t have to visit any restaurant or party to have a good time celebrating New Year’s Eve.

This picnic can be one of the best ways to celebrate New Year’s Eve of 2020 in Dubai. You can gather up your families or families and go visit one of the beaches on Jumeirah.

You get a chance to celebrate New Year’s Eve with the company of your family or friends.

1. Beach picnics are always fun and relaxing. You can spend the whole night doing whatever you desire with your loved ones without spending a lot of money.
2. Pack your food baskets, go to the beach and welcome 2020 with your families. The best part is that you even get to experience the free fireworks show.
3. As beaches are public places, you have to be careful in order to get the perfect spot.
4. For this purpose, you can leave early to reserve your spot. Other than that, it is one of the most reasonable celebrations that you can do in Dubai New Year’s eve.

Hence, beach picnics make you the in-charge of your own party and you can turn it up in whatever way you want.

7. Party at the Zero Gravity

Another great party in Dubai on New Year’s Eve of 2020 is at the Zero Gravity. Zero Gravity is an exclusive club located next to the drop zone of Skydive Dubai.

This place has been a destination for many party-goers for the amazing parties that are arranged here.

The beach club is famous among all the tourists. The party of New Year 2020 is going to be thrilling just as the parties of every New Year.

You can witness the amazing fireworks along with listening to the music by DJ Sigala.

This, you don’t want to miss the hottest party this New Year’s Eve.

8. Party at the Dubai Opera

Like other parties in Dubai, you should not miss the party at Dubai Opera. Dubai Opera has been home to many performances in Dubai.

1. It is located in the center of Downtown Dubai and is a unique venue in terms of its provisions. The theater is built for multi-purposes. The huge theater has a capacity to accommodate 2000 people for a concert.
2. The venue also has a rooftop and garden restaurant that gives you a view of the Burj Khalifa and The Dubai Fountain. You can experience the fireworks of these places from this restaurant.
3. Chinua Hawk Band will be performing a concert in this party on New Year’s Eve.
4. You will get a chance to witness their performance live at 7 pm. Famous musicians like DJ Said Mrad and DJ C will play the music live that will you dance nonstop.

The party that is arranged for the New Year 2020 is the one that will give you an exciting experience.

Hence,  other exciting events are planned for this night. You should not miss this event and start booking the tickets before they get sold out.

You can get the directions of this place easily, therefore, reaching it won’t be a hassle.

Final Thoughts

All these options will ensure that you have the best time of your life as Dubai New Year 2020 looks more promising and magnificent. All you have to do is book your tickets and wait for the mind-blowing experience.

The post Dubai New Year 2020 appeared first on Insurance Blog.

Dubai has been a favorite destination for tourists for many years. The reason for this is the attractions that the city offers along with the many spectacular sites.

Shopping malls, business centers, and amusement parks capture the attention of tourists. Another reason to choose this destination is that this city embraces modernity with cultural and natural heritage.

However, most people don’t focus much on the importance of Travel insurance while planning their trips. If you are planning a trip to Dubai, there are certain things regarding travel insurance that you should keep in mind.

Thus, we have presented a travel insurance guide so that you can have a complete idea of why is it necessary while planning any trip.

When you are traveling to some unfamiliar place, the chances of you getting hurt or injured are increased. While travel insurance doesn’t mean that you won’t meet an accident, it ensures that you get the required compensation.

This compensation comes handy to deal with many situations. The travelers can get sick while on the trip. The medical bills can amount to hundreds or thousands of dollars.

By getting travel insurance, you can easily get medical attention without worrying about the expenses.

 Similarly, if you meet an accident, you will get the money that you lost in a form of compensation.

If by any chance you have to cut your trip short, the travel insurance will make sure that you get back the payment that you have already done.

 Therefore, it is very important to include travel insurance in the planning of your next trip.

There are many aspects that are covered in travel insurance. These are:

1.Medical Related Coverage

Medical emergencies are one of the most critical situations that travelers have to worry about. Being in a strange land can further instill fear in the travelers that how will they get medical services.

Thus, travel insurance not only ensures that you get the best medical attention but also helps with the expenses that arise due to emergencies.  

1. Emergency Medical Services

You get immediate medical services if any medical emergency arises. Hence, you get treated without spending any cash because you have already purchased insurance.

2. Emergency Dental Expenses

Dental emergencies can result in increased expenses and can in return exceed your travel budget. Therefore,  to make sure that you won’t have to spend more money, it is important that you get travel insurance.

3. Medical Evacuation

If you are in a place where there is no medical facility nearby, travel insurance will make sure that you are literally evacuated. Travel insurance gets you out of the situation by taking you to the nearest facility.

4. Accidental Death

Travel insurance makes sure that you get compensation in the case of death. This compensation is paid to the traveling partners. Along with this, a service is provided that transfers the body to its home country.

5. Permanent Disablement

If any misfortune event happens in which permanent disability is caused, you will get compensation to make things easier for you during the trip.

6. Daily Hospital Cash Allowance

While on the trip, there are many times that you have to visit the hospital, not for major treatments but petty check-ups. These bills sometimes exceed the budget that you have allocated for the trip. Through travel insurance, you will get those expenses back as it covers all the medical expenses.

2. Baggage Related Coverage

While traveling, one of the greatest fears is that your baggage will be lost. This can be lost due to your own self as you can leave it behind somewhere or due to theft. Either way, this loss of baggage can ruin the whole trip for you for many various reasons.

First, you have packed limited things and losing them means that you won’t have access to other things. Secondly, loss of baggage means that you will have to buy new things such as clothing, electronics, etc.

Thus, this can result in increased expenses. There are many things that are covered in your travel insurance plan that make sure that the loss you incur is minimized to the least.

1. Loss of Personal Documents

There are many important documents that you are carrying along in a trip. These documents include your passport, visa, etc. When you lose your baggage, there is a chance that you will lose these documents too.

 As you are in a foreign land, you don’t know where to get these documents from. This is not only worrisome from the expenses point of view but also due to the fact that you won’t be able to enjoy your trip.

Travel insurance provides you the services that help you in getting the documents ready again and also compensates the expenses that will be incurred while getting a new passport or visa.

2. Loss of Baggage has been Checked-in

The baggage that you have packed for the trip contains all the necessary stuff that you need during the trip. This stuff includes clothes, shoes, medicine, electronics, etc. As you are away from home, you have access to just this stuff. If it gets lost, you can just open your wardrobe and get other things.

You will have to buy new stuff in order to continue the trip. Buying new stuff means that your expenses will increase.

As a budget allocated for a trip is limited, this can result in the cancellation of many activities that you had planned.

Hence, travel insurance makes sure that all the expenses that you have to incur are reimbursed to you so that your travel plans don’t get discontinued.

3. Delay in Receiving the Baggage

There are many instances where you might face some delays in getting your baggage. This causes inconvenience and an interruption in your travel plans. In order to save you from the inconvenience, travel insurance reimburses you for the expenses that are needed to buy the necessities. This helps you to continue with the plan while your baggage is recovered.

Therefore, travel insurance provides you an opportunity to continue your plan without interruptions.

3. Coverage during Journey

There are many inconveniences that are faced by travelers other than medical or baggage related issues. These issues can cause disruptions in your plan that can result in frustration and loss of expenses. These expenses can add up to an amount that can put a dent in your travel budget.

Hence, with travel insurance, you can be relieved from such expenses as these will be covered by your insurance plan.

1. Personal Liability

When you are on a trip, there are many things that can go wrong in a foreign land. Accidents happen and sometimes you are not even involved in them directly. As a third party, you become liable for any damages. This liability of you means that you will have to pay for the damages of other people.

This can be due to many reasons. Sometimes you accidentally break something in a hotel or public place or maybe you were at the wrong place at the wrong time. This can result in you paying the cost of damages. Travel insurance makes sure that you don’t have to pay for these damages out of your pockets.

You get compensation for all the expenses that you spend on such events.

2. Financial Assistance in case of Emergency

When you are in a foreign land, things so south very easily. Budget is limited and you try to complete your plans while being in budget. People are waiting for travelers so that they can wrongfully get money from them. There are many people who are waiting to do fraud with travelers. Even if you are not with any companions on a trip, the travel insurance makes sure that in case you lose your money in an unfortunate event. There are many ways in which you can lose money.

Hence, You will be provided cash immediately if you have been in a robbery.

3. Allowance for the Distress in a Hijack Situation

If God forbid you were in a hijack situation during your trip, this event can be very stressful for you. There are many effects that this situation might have on you. Although travel insurance does not make any promises that such events will not arise, it will compensate you with the necessary allowance.

Thus, You will get the monetary compensation that will help you to continue your trip smoothly.

4. Delays in Flight

There is a chance that the flight which you are taking might be delayed. This can happen for a number of reasons. Weather is one of the most significant reasons for the delay in flights. Whatever the reason, this delay can ruin the mood that you had set for the trip. Travel insurance can’t stop the delay from happening but it gives you the expenses that you can use to enjoy the time. In order to pass the time, you can easily make purchases such a buying food or shopping.

Therefore, Travel insurance will reimburse all these expenses so that your travel plans can carry on without worry about the budget.

5. Hotel Accommodation

Sometimes things don’t go according to the plan. You planned the trip to be of 2 weeks and due to some medical emergency, you can’t come back just yet. It can result in trouble for you as you had only allocated the expenses for those 2 weeks. Extending your trip means you will behave to spend more money. Travel insurance makes sure that you don’t have to face any trouble in this regard as well. It covers the expenses that will be incurred in order to extend your stay. All the expenses will be paid until you recover from the medical situation.

As you can see, almost all the aspects are covered if you get travel insurance. This insurance means that you will not have to worry about the expenses in case any accident or unfortunate event occurs.

Cases When Travel Insurance Is Not Viable

There are some situations in which travel insurance will not be liable. These situations are also mentioned in order to guide you about travel insurance.

1. Illegal Consumption or Substance Use

If you have used an illegal substance that has resulted in an emergency, the travel insurance policy will not cover any expenses. Similarly, if you have consumed any drink that is banned, the policy will not be liable to pay any expenses.

2. Breach of Law

Travel insurance will assist you in all the medical elated emergencies accept the situation where the emergency was caused due to breach of law or war. If you are in a place where there is a war going on, travel insurance will not be liable to pay for the expenses of medical emergencies caused by war. Similarly, if you get shot while robbing someone or during a fight, travel insurance will not pay for the expenses.

3. Pre-existing Illnesses

Any disease or illness that you have contacted during the trip will be covered by the policy. However, if you have a medical condition that happened before going on the trip, the policy does not cover its expenses. Thus, you cannot expect travel insurance to pay for any illness or disease that was pre-existing.

4. Injury due to Adventure Sports

Another medical issue that the insurance doesn’t cover is the injury due to the adventure sports. For example, if you are going on hiking or skydiving where you know the risks, the travel insurance will not pay for the expenses.

5. Injury from Self-Harm

This is another medical emergency issue that the policy doesn’t cover. If you attempt suicide or inflict an injury upon yourself, you will not be able to get the expense for the treatment. These injuries are not covered by the policy as these are not caused by accident.

6. Cosmetic Treatments

If you are getting treatment for cosmetic purposes, insurance will not pay for the expenses. You should not expect the policy to pay for treatments such as obesity treatment, laser hair removal, plastic surgery, etc.

Final Thoughts

Be proactive in your insurance shopping and be sure this is what you need.

It’s better to get a travel insurance policy before your travel anywhere. Depending upon how frequent travelers you are, hence now it’s own you do you need a secure and worry-free environment for yourself and for others or not.

The post Travel Insurance Complete Guide appeared first on Insurance Blog.

Motor insurance in Dubai is confusing. That seems to be the general consensus, especially amongst new residents. However, the best way to understand something is to look at the laws surrounding it. Insurance rules and regulations in the UAE are governed by the Dubai Insurance Authority.

Reading laws and regulations can be tedious, especially if you don’t have a law degree. The terms can be confusing. Luckily, we’ve done the hard work for you. Reading through the rules and regulations on motor insurance in Dubai we’ve come up with a list of clauses that are most relevant to you as a buyer.

Understanding these rules can be beneficial. You can use this information to your advantage in many ways.

Benefits of Knowing the Law

• If you know the ins and outs of motor insurance laws in Dubai it will be hard for sales representatives to fool you. We don’t mean that misleading customers is common practice at insurance agencies in the UAE. It is a sales rep’s job to oversell the product. Customers’ unaware of the law can buy more than they need. Being aware of the laws can help you stick to your budget.
• Similarly, you’ll know exactly what your insurance is missing. No-Claims Bonus is a perfect example. It is a reward to policyholders for making no claims during their policy. It is provided by law. Many buyers, however, are unaware of it. Keeping a close eye on motor insurance laws in Dubai can help you keep track of the concessions owed to you.
• Another great thing about knowing motor insurance laws in Dubai is you can avoid claim rejection. Knowing which laws to follow will keep you on the right side of a claim.

Car Replacement

One such advantage you should be aware of is a replacement car in case of an accident. It can be highly inconvenient to be in a collision. When your car is extensively damaged it can leave you without conveyance for a significant period of time. It is costly to find an alternative last minute. Luckily, motor insurance in Dubai has a good solution.

If you’re involved in a collision and it was not your fault you are entitled to a replacement car by the other party’s insurance policy. In the event that you do not require a replacement vehicle compensation is made to you for the inconvenience. The compensation is limited to AED 300 per day, up to 10 days.

Liability Coverage for Family Members

It’s only natural to want coverage for your family in case something goes wrong. However, before 2017 family coverage could only be availed through an add-on to your insurance policy. This was expensive because add-ons increase premiums exponentially. Now, however, family liability is covered automatically without additional cost. This does not include just anyone in the vehicle at the time of a collision or accident. Only immediate family members are covered.

Clear Rules of Total Loss

Another factor streamlined by motor insurance laws in Dubai is when to declare a vehicle a total loss. Total loss is when the car has been through such an extent of damage that repairing it would cost more than buying a new car. Now the outlines and rules for declaring total loss have been explicitly clarified. This is so it is not vague, and providers don’t have their own obscure rules to follow.

Clear Policy Breakdown for Motor Insurance in Dubai

Insurance policies can be a little confusing. There are so many to choose from and very little clarity about their structure. However, there are two basic motor insurance policies available in the UAE – Third-Party Liability, and Comprehensive Coverage. Most folks aren’t aware of the basic tariffs, or their properties. In the past, insurance providers weren’t beholden to make these differences clear. The law now instructs to clarify the differences and policy breakdowns of both insurance types. For your information, we’ve taken the liberty of clarifying the differences.

Third-Party Liability

The minimum required by law, it does not protect you, or any damage to your vehicle. As the name suggests, it is only going to look out for the interest of the third-party i.e. those involved in the collision with you, if the collision was your fault.

Comprehensive Coverage

Building on the principles of third-party liability insurance, comprehensive coverage also provides for the policyholder and any vehicular damage. It is more expensive but not mandatory by law. However, it is the less risky of the two as it covers all the bases. Comprehensive coverage is highly recommended, especially for less experienced drivers.

Rules of Excess

Excess is simple to understand. A higher excess on part of the company means:

• The company takes on more risk
• They are expected to pay more in case of an accident
• The premium will be high

A lower excess means:

• That the customer will be taking more risk
• The policyholder must pay more in case of damage
• The premium is comparatively lower

According to Dubai’s motor insurance laws companies are supposed to take on a higher excess ensuring that the customer takes on less of a risk. Though this means that policyholders will be required to pay a higher premium it is beneficial for them in the long run. However, this law does not apply to the policyholder. They can request a lower excess on the company, taking on a higher excess themselves. If policyholders insist on higher excess then the company is allowed to comply.

Insurance laws in Dubai have been structured in a way that they benefit everyone. With the Dubai Insurance Authority keeping a check on providers and policy trends it is inevitable that the laws they create will be relevant and expedient. The motor insurance market in the UAE is relatively new compared to other countries, but it has started things on the right foot and hit the ground running.

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Winter in Dubai is the package of excitement and a perfect destination to explore places that show the true heritage of the locals and modern inventions of the UAE.

This winter pack your bags and visit top places in Dubai that can blow your mind in this chill season.

Dubai, the city known for its diversity and innovative development has emerged from its dry dessert to spectacular tourist destination.

The modern infrastructure development and worldwide sponsorship of its marvelous art, career opportunities and attractive architecture, has compelled people to make it their next holiday destination.

According to the recent statistic reports each year, especially in the mo0nth of January when winter has just started in Dubai maximum number of touristy from all over the world travel Dubai.

But why is that so?

The reasons behind this are numerous but what we gathered from our expert view is that this city clicked all the boxes of a perfect winter vacation.

As people get amazed by the world’s tallest housing buildings, larger than life shopping malls, luxurious hotels and restaurants and focuser the amusement parks are getting its fair share of the audience.

Therefore, to make your visit a memorable and enjoyable one we have planned a travel guide for you so that you can spend your winter in Dubai, in all these hot places in the best possible way.

1. Spend a Day in the Vast Desert

Your visit to Dubai cannot be completed without visiting the deserts in Dubai. The scenic beauty of this dessert is just one of the many factors that are worth visiting. There are a lot of adventurous and fun activities that have been designed for you.

The desert is not only for the people who are seeking adventure but also for the tourists who like to visit it casually. The ride across the desert itself is more thrilling than any roller coaster. You will also get a chance to see the national bird of UAE, at a personal level along with rides on the camel.

Other than these attractions, a camp has been designed in the desert which is altogether another experience. You get a chance to explore the rich, old cultures of Dubai in these camps.  

Additionally, your safari trip will not be completed without the exquisite barbecue dinner. There are also performances by the folk artists after the sunset that are definitely worth witnessing.

Hence exploring safari deserts in the winter has its own charms.

2. Skiing at Ski Dubai

While the heat feels good in winter, you cannot deny the importance of traditional winter fun. Even for this purpose, Dubai has you covered. It is always a delight to spend at least one day in the snow to celebrate winter in its true form.

Ski Dubai not only gives you the ultimate experience of being in snow but also to enjoy it by indulging in many activities. Skiing is done throughout the year.

Along with it, you also get snowboarding opportunities. Thus, experience all this in the biggest resort of the Middle East inside the Mall of Emirates.

All you have to do is get the tickets and enjoy winter to the fullest in Dubai. You don’t have to take your own gear with you as that will be provided to you at the venue. 

3. Winter Festival at Dubai Media City Amphitheatre

There is no point in visiting Dubai in winter and not experiencing the great winter festival. This festival is being celebrated for some few years now and is filled with fun activities. It is set up in Dubai Media City Amphitheatre. There are typically three days for the festival.

Just like other festivities in Dubai, this festival also gives a chance to the attendees to get indulged in various activities. There are food stalls set up in the festival along with a winter market. Other than this, there are activities that can be enjoyed by children and adults.

There is a snow play area and snow slide along with an ice skating rink. These activities not only lets you experience a traditional winter but are also filled with thrill and excitement. You will enjoy the festival whether you are going with a group of friends or with your family.

Therefore, grab your tickets and let yourself experience winter in this festive event.

4. Connect with Nature in Dubai Miracle Garden

What’s more miraculous than a giant garden in the middle of a desert? Among many other wonders, Dubai has even made it possible to build the largest garden in a desert. You have the chance to witness this miracle personally. Surround yourself in the beauty of nature by being in the company of millions of flowers in the garden.

There are more than 50 million flowers of over 120 varieties in the garden. It is a place to visit with your partners or family. There are flower structures throughout the garden. The model of Emirates Airbus situated in the garden holds the Guinness record as it is the largest flower arrangement in the world. There is a heart passage in the garden where many couples like to take pictures.

Thus, it is the best place for people who love being in nature. Even if you are not a nature lover, this place is worth witnessing.

5. Witness every Culture at Global Village This Winter in Dubai

Global village does not need any kind of introduction as it is one of the most famous projects in the world. You get to experience the cultures of all the countries around the world. Your trip to Dubai in winter will not be completed if you don’t plan a visit to the Global Village.

It is a great place to visit with your families, partners, friends or even solo. You don’t only get to witness it as you can buy each country’s artifacts as well. There are pavilions for each country that lets you witness their culture. If you are a collector of rare objects of countries throughout the world, this is the best place for you. You can buy many things from whichever country you like.

Global village is a winter event as it is closed down in the summer. Therefore, this is the best chance for you to plan a visit to witness such wonders in Dubai in winter.

6. Experience Thrilling Slides in Aquaventure Waterpark

Winter in Dubai is never a dull moment.

Spend an outdoor day in one of the biggest water parks in the world, Aquaventure Waterpark. It is located in Atlantis, The Palm. You get a chance to experience one of the largest water slides in this park that will make your trip more thrilling and fun.

This park has the world’s largest waterslide known as Aquaconda. Along with this, there are many other enormous slides. The park also offers different activities such as beach games as it is situated on the beautiful beach with white sand. The visitors also get a chance to experience underground diving with different fish and dolphins.

There are many restaurants in the park that offer scrumptious food. You get a complete experience while visiting this park as there are many offerings provided to you.

Hence, this is one of the places that must be on your list while planning your trip to Dubai in winter.

7. Enjoy a Quiet Dinner on Dhow Cruise

If you want to enjoy a quiet winter night with good food and a beautiful view, you can go for dinner on a Dhow Cruise. This will give you a chance to enjoy dinner and give you a break from all the other thrilling activities. It is a great way to have a different type of dinner in Dubai.

Dhow Cruise gives you options to choose depending on the type of experience that you would like. If you like to have your dinner while having a view of the city, you can choose Marina. If you like to explore the history and cultural heritage of Dubai, you can choose Creek.

Both of these options give you a tour for 2 hours. You can have this spectacular experience while having dinner. If you want to experience the journey in which you will be offered sumptuous food along with witnessing the attractions of Dubai, this is the best option for you. You also get to experience the outstanding performance of a Tanoura dancer.

 Therefore, this option must be on your list of all the places you have to visit in Dubai in winter.

8. Winter Season is the Beach Season

Beaches around the world have become a spot for family picnic and a symbol of natural beauty that compel a segment of the community to be together.

Beaches in Dubai also considered an exciting place on earth. Famous Jumeirah and marina beaches are already the talk of the town in the winter season.

As people love to get tanned and enjoyed the seawater.

Sincerest of the year in Dubai, the weather is too hot but in winter the weather is perfect for tanning and quite pleasant to roam.

Therefore, for those who are looking for the best winter trip that doesn’t require them to confide in heavy warm clothes and gloves then Dubai is the place to enjoy winters like its summer.

9. Witness New Year Celebrations at Burj Khalifa

What’s a winter visit to Dubai without experiencing the New Year’s celebrations? We saved the biggest attraction of Dubai in winter for the last. These celebrations are famous throughout the world due to the amazing firework shows that happen every year, especially on Burj Khalifa.

The spectacular show done on the building can be seen from far because of their magnitude. This show is one of the main reasons why many tourists choose Dubai as a destination for their winter trips. There are fireworks happening throughout the city on New Year’s Eve but the most remarkable are the ones at Burj Khalifa.

Burj Khalifa is a sight itself and there is nothing better than it being light up by the fantastic fireworks.

Thus, your winter trip to Dubai cannot be completed unless you witness this wonder yourself.

Conclusion

Winter in Dubai it’s like living in the city of lights and exciting ventures never disappoint you if you plan your next trip here.

Enjoy ethnic food, go camping, visit larger than life gardens and people living standard with the right guide. This is the right time to plan your trip here as Christmas and the new year is close and believe me you don’t want to miss how Dubai celebrates the new year.

Hence this season grab your bags and enter the city that excites you at every turn.

The post Winter In Dubai: Best Places to Explore appeared first on Insurance Blog.

New wave of Dubai mandatory health care coverage plans is started to circulate in the news termed as “ISAHD”.

ISAHD is an Arabic word meaning happiness. And indeed, this is a moment of delight now that citizens of Dubai getting the best international standard healthcare in top hospitals of Dubai.

Mostly in the UAE, a comprehensive government-funded health system by Dubai health authority (DHA) and Health Authority Abu Dhabi (HAAD), have extended the health care facilities network all over the city that turns out to be more fitting and feasible for users.

According to the government, the initiative is based on the belief that health insurance should provide protection against the medical emergency and every citizen should have this coverage plan in a time of need. Also, the individual is given a viable option to get their own provider with the public or private sector of their liking.

The phases have been decided that compel the health insurance company to get a health insurance permit form the DHA to be an eligible provider of health care coverage plan to the general audience.

Before jumping to the phases of ISAHD, we need to understand what is ISAHD health insurance first

The aim of ISAHD is simple is to prove itself to be the world’s best health care coverage plan given to its clients.

But to overanalyze the whole setup and purpose of ISAHD we need to see the technicalities and in-depth conceptions.

Therefore, without a further ado lets dive in;

1. ISAHD Coverage Plan

This system wants to full fill two main promises that are made the ISAHD health insurance coverage plan.

1. Coverage for all the individuals

All the individuals living in Dubai either with permanent, temporary or are ex-pats or immigrants are given the opportunity to get ISHA health insurance.

This becomes mandatory health insurance for all the residents, especially offering affordable essential benefits plan (EBP) to the workers who are earning less wages up to AED 4000 a month.

Under EBP total 12 insurance companies have been authorized to given insurance with the annual premium of AED 500 to 700.

The catch of ISHD is that all the companies or employers are responsible for to ensure health coverage to their staff and employees are responsible to get they depend on family members (spouse, children or any domestic staff) registered into health insurance.

For its implementation, a deadline was set in January 2017. Those who failed to get registered will be fine 500AED every month.

Therefore, DHA makes sure that everyone got the basic health coverage with affordability.

2. Establishment of High-Standard Health Care

Building a top international standard health care service for the general audience was the second and most important criterion of the ISHD.

DHA took the responsibility of selection and evaluating the top-notch insurance companies, hospitals and physicians providing medical service according to the benchmark set by the ISAHD.

For users convivence and ease, ISAHD update their website or mobile app from time with information regarding listed insurance providers and hospitals and other general details about the system.

For any quires or complaints or recommendations, the users can use iPROMeS (Insurance Partner Relations Opinion Management e-system) on the ISAHD website to register their concerns.

2. Three-Phases Of ISAHD Health Insurance

The methodology of ISAHD health insurance is based on these three phases that are facilizing the clients of all the statuses.

1^st Phase

The first phase exhibit that employers or company that posses more than 1000 employees will be providing health coverage before October 2014 end.

2^nd Phase

The company/employers who employed 100-1000 staff will be having a health care policy before the end of the month of July 2015.

3^rd Phase

The last phase defines the three sub-stages belonging to different segments that will be given health car insurance.

These sub-stages are mentioned below

1. Employers having 1 to 100 employees
2. Spouse and dependents
3. Domestic workers.

Therefore, this basic three-stage formulate the ISAHD plan to ensure everyone gets benefited by this system.

3. ISAHD -Simple & Efficient Health Insurance

Some of the rare and rigid guild one and polices formulated by health insurance providers has set limited eligibility criteria for the individuals residing in the UAE, to enjoy the full health coverage plan.

It can be an overwhelming aspect to search for the right insurance policy for yourself and for your dependent, in the time of competitive insurance providers who are willing to pursue you at any level to make you their client.

Therefore, ISAHD took the matters in their own hands and decided to design a simple yet comprehensive plan that suits individual budgets along with his/her requirements.

4. ISAHD Health Insurance Vs Visa renewal

ISAHD health insurance scheme taking visa issuance and renewal concerns into their considerations have incorporated a plan that implements the association between health insurance and visa renewal.

For instance, if the individual who does not get themselves registered or purchase a health insurance coverage plan then their visa will be automatically especially when applying for residency visas.

The law permits the exception of those persons only who have dependent or domes tie staff as DHA-Dubai health authority grant further sim month time period to get them registered.

Conclusion

UAE is a country of diverse backgrounds and cultural settings. Understanding the mindset of each societal set up can be a tricky business yet the government always seek alternatives to satisfy the general audience. For the sake of citizen welfare, the government obligated some laws that must be followed by every individual living in the UAE and some of these obligations are based on having health insurance, where Dubai government took an initiative of ISAHD health insurance where cheap coverage package is given to the general audience.

Thus they can easily afford them and avail the necessary health care package.

The post ISAHD Health Insurance appeared first on Insurance Blog.

The basic health protection plan was incorporated for the sake of low paid labors or employees, in order to provide a cost-effective yet a sense of security in a time of unfortunate incidents like an injury at work, sudden death, immediate family health coverage.

Mostly in the UAE, a comprehensive government-funded health system by Dubai health authority (DHA) and Health Authority Abu Dhabi (HAAD), have extended the health care facilities network all over the city that turns out to be more fitting and feasible for users.

Many top hospitals of the emirate were taken into the panel by different companies and government agencies.

In these government-funded medical care, the citizens are entertained with free treatment and health insurance card that is incorporated in the year 2017.

In case of any further medical or costly surgery expenses, your bill is directly sent to the insurance companies.

Hence, at that time you don’t have to worry about the bill or expense.

Many raise questions such as the quality service of the medical care would be like?

The emphasis on having health insurance is based on a number of causalities that have been increased in the workplace or normal setting. Many people have lost their lives and faced permeant disability by not having any proper health insurance.

We BuyAnyInsurnace being the platform for providing multiple insurances, have expressed their expert’s view where we have authentic providers pledged to give your health insurance at a cheaper cost and insecure manner.

Before doing any hurried health insurance shopping without understanding its essential terms and conditions and its eligibility criteria. Therefore, we highly suggest going through our informative guide that can clear your clouds of confusion and help you to get a better coverage plan.

Ultimate Guide

1. Compulsory Health Insurance

Due to the individual’s security and health concerns, the government has now made health insurance a compulsory requirement all over the workplace of Dubai and Abu Dhabi.

According to the impose law, any citizen or temporary expats should be provided health policy by their employer or company they are working in.

To sponsor the health insurance DHA regulate that those companies and individual will be fined if they haven’t insured their staffs under the six-month time period.

It should be also noted that under no condition the employer can pass on the insurance cost on employee’s shoulder neither directly nor via salary deduction.

Therefore, full coverage cost will be paid by the company/employer only.

2. Coverage Plan

The health insurance coverage plan is quite broad and specific for distinct regions and individuals. Many sustainable, beneficial, and cost-saving factors are identified when you purchase a health coverage plan.

Following are mentioned

1. Network: Include panels of all types of hospitals, diagnostic centers, and other medical facilities.
2. Area of cover: The region you are residing in.
3. Special covers: Dental, mental therapies etc.
4. Excess: Deductible or add-ons
5. Special conditions: Maternity, chronic health insurance or any major surgeries and therapies

You may have to pay extra fees for the special or additional coverage plan.

The extended health insurance plan is based on the idea of benefiting all the individuals at their convenience and at their best.

Therefore, having a health coverage plan can save you in the worst situation.

3. Health Insurance Card

A health insurance card is given to those individuals who are been insured by the health insurance provider to use medical or health facility free.

It acts as an identification card where a number is allotted that is saved in the system of the hospitals where the person is registered by his/her provider.

With the help of this car, you have access to the channel of different hospitals and another medical center.

After you have selected the plan and have made the payment of the insurance plan, the provider will take 7 to 10 days approximatively to make your health car.

Therefore, you can have cashless treatment in your allotted health care center without any fuss.

4. Improvement and Affordability

Due to compulsory health insurance, many private health care centers are also sensing the need of competitors and wanted to gain the number of clients has improved their medical standards.

They start introducing policies at a cheap rate and affordable health packages.

Therefore, the initiative by the government had led to improvement and major optimistic change in individual medical dealing and treatment.

5. Health Insurance Quotes

The resident in the UAE have many online and offline options to purchase health insurance.

Health insurance quotes like any insurance quotes help to get a comparison of prices among different insurance companies.

You should do your research first in these quotes and then evaluate the best option for yourself.

Hence, health insurance policy is considered as a commodity, so their plans are presented at the same rates.

6. Insurance Brokers

If you are not confident enough in your knowledge in health insurance and its complex jargon presented in terms and conditions then you definitely need an insurance broker.

Brokers not only know the in and outs of the market trends but also know when and which policy will benefit you more.

Therefore, these insurance brokers make sure to do most of the work and your fully covered.

7. Expatriate Coverage

As the government has made the law to accommodate all the citizen including the temporary expats to have health insurance till the end time of their stay.

Expatriates that have valid residency are registered in 46 insurance firms.

Thus, it should be noted that it considered the legal responsibility of every provider/employer to give health coverage to their staff.

Conclusion

The government initiative o health insurance plans exhibit the importance it has on every citizen.

Different health packages and its claims processes have been defined in a precise and diligent manner that clears the room of confusion.

Therefore, Be safe and be secure with the health insurance protection plans

The post Health Insurance in the UAE-The Guide appeared first on Insurance Blog.

UAE a hub of diverse cultural background and values hold a certain criterion for its citizen safety rights and by law compel individual to have specific obligated insurance as soon as possible when they get elected.

But talking about life insurance which is as important than any other insurance need to get more recognition and importance especially in time of uncertainty and unfortunate situations.

Being a responsible person in your family, then ensuring family finances but what if something happens to you then who will look after your family?

For this purpose, life insurance policy makes sure that your family is secured enough for a time being that helps them to get settle down.

According to sources, 50 percent of the UAE audience are not adequately aware of the importance of life insurance and still are not registered to get the policy.

Therefore, to acknowledge the life insurance importance of the government and many insurance providers are coming forward and presenting the affordable packages along with maximum coverage against serious illness like cancer, etc.

To understand who life insurance can be avail at affordable rates we have mentioned the dos and don’ts to get the real picture behind its policy.

Dos of Life Insurance

1. Prime Life Insurance Plans

There is a different type of life insurance available to your suit where each has different monthly premium charges of your need.

1. Level Term

The life insurance provider gives coverage of lumpsum payment when the holder/ Client dies during the term period/payment.

It should be noted premium is fixed and it’s not expensive as compare to whole insurance.

2. Whole of Life Term

You pay out the lump sum amount whenever you die. The set date for premium is up to the age of 95-year-old.

3. Decreasing Term

This policy replicates level term policy to some extent as it provides lumpsum money when the holder dies during the term payment but here lumpsum price decreases with the maturity of the policy and thus considered very cheaper than other coverage plans.

Therefore, the citizen of the UAE including the expats too have the flexibility to pick the right plan for themselves.

2. Create A link between Life Insurance and Mortgage

Life is very unpredictable and in order to be ready and protective against such unpredictable not only for yourself but also for your family you need to seek the best possibility avail to you in terms of life insurance policies.

1. Now you can also have life insurance and mortgage package in one policy
2. Where you will secure your family with the payment of the mortgage in the event of your death.
3. A decreasing term policy is considered to be the best option for you if you have standard mortgage repayment.
4. Like the outstanding balance on your mortgage, this policy also reduces the lumpsum amou8nt over time.
5. Similarly, also with the level term, the lump sum pay-out does not diminish over the interval.

So the policy makes sense for those with an interest-only contract, whose profit has not decreased the mortgage lump sum owed and will, therefore, need, in the event of the loss of the provider, a lump sum.

3. See What You Are eligible for

Seek different possibilities and get aware of the things you might owe during your insurance coverage.

1. You might be eligible for death in service cover from your company or employer you are working with.
2. This option might contribute almost 4 times your salary but depend upon your requirement you can make some modifications to your projected coverage plan.

Hence you can save more money and will have less premium payment.

4. Use Waiver of premium

The best way to make your insurance policy more secure is by using a waiver of premium.

1. You can simply add any clause in your insurance policy stating that you will get coverage in the time of need like in an accident or sickness you have an inability to pay the premium.

Therefore, be sure about your insurance policy and seek its useful forms.

5. Evaluate between Single Vs Joint Life Insurance

The decision between single vs joint life insurance is to get the maximum benefit from any of the policy your select.

1. In case of having joint life insurance, you and your partner might be covered in a reasonable premium and discounts.
2. but the payment so made only once yet if one of the other partners dies the other is left with no future coverage.
3. Single life insurance policies can cost you more but if you can get a more flexible and customized coverage plan.

Therefore, listen to expert advice and evaluate your choices wisely.

Don’ts of Life Insurance

1. Don’t Miss Any Essential Coverage Plan

Coverage plans are the main foundation of any insurance policy.

1. Your lack of interest or value towards the essential coverage plans then you are making the biggest error that has an adverse effect on your financial and physical health.
2. By coverage, we meant the protection payment you give to provide basic compensation to your dependent or to you in some serious situations.

Therefore, in analyzing the process of coverage, financial or insurance experts are always giving hints and tactics to identify the best deal for yourself.

2. Don’t do the Smoking

As much as this sounds weird or unusual but this plays a very influential role in setting your premium.

If you are a smoker of any kind let says vaping, e-cigarettes and cigars can directly double your life insurance premium due to high risk associated with your health

Therefore, restraining yourself for 12 months smoking free you can get reasonable premium rates.

3. Don’t hide any critical illness

Life insurance’s main purpose is to safeguard you against all odds.

Therefore, don’t hide any critical illness you might be involved or your family medical history is familiar with such illnesses like cardiac issues, cancer, strokes.

You might get better deals if you get a critical illness policy in your current insurance rather than buying independently.

But it’s very important y0u compare this policy with the other income protection insurance charges so that you don’t get any surprise high premium.

4. Don’t Forget Inheritance Tax

Your life insurance provider might want to write your insurance policy in trust.

The purpose is to highlight that in the event of your death your policy has no part in your estate, therefore, it avoids inheritance tax.

5. Don’t Avoid the Annual Insurance Comparison

Like any insurance, you must review your annual life insurance to know more about the changes in your premium or terms and condition before and after the first year.

It’s essential for you to get a real picture of your policies and how it makes a difference in your life.

Therefore, avoiding annual insurance reviews can be very risky and unwise.

Conclusion

The misconception behind life insurance that they tend to be very expensive is just creating more cloud of confusion and nothing else.

We always try to present the real facts and think out of the box to give you an alternative and best deal for this important insurance.

Hence, explore more and save more!

The post Life Insurance in Dubai-Dos and Don’ts to be Followed appeared first on Insurance Blog.

If you are planning for a vacation in the UAE or you want to use rent-a-car service for any other reason, you need to know about the insurance of the rental cars.

The importance of car rental insurance cannot be emphasized enough. It is important to keep you financially covered and also to keep you mentally relaxed.

The coverage that you will be required depends on different factors and you do not want to be spending extra just because you didn’t know the facts about rental car insurance.

The insurance laws and car insurances comparison recommend the individuals to get that coverage plan for your car that is most appropriate for its requirement.

Extra mileage, frequent traveling at long distance or being an ex-pat, does compel you to get car insurance but also suggest you get car rental facilities.

As a result, many rent-a-car companies as part of their business portfolio facilitate their clients with already insured cars. They provide insurance on their behalf so in case of unfortunate incident companies bear the expense.

Obviously, you want the best offers and deals for hiring a car that suits your requirements and is also not very expensive.

But if this search of renting a car is giving you tough time or you feel the rental company is not charging you a fair price then you need to get yourself educated on the topic of car rental insurance.

Thus, we have formulated the following pointers that need to be overviewed that how car insurances comparison aid to get benefits from rental car insurance which can prove to be helpful when you are looking for renting a car in the UAE;

Rental car insurance types

In UAE the rental car companies are required, by the law, to provide insurance inclusive in the rental price.

Therefore, to get full advantage of this you should check the car insurances comparison websites in order to know the rates in the market also what is included as insurance cover and then add optional coverage to get all the aspects covered if you want.

There are 4 types of optional rental insurance available:

1.Collision Damage Waiver (CDW) or Loss Damage Waiver (LDW)

If the rented car gets stolen or damaged, these waivers are designed so that the renter is relieved from any financial liability or responsibility. Thus, these are not technically insurance products.

2. Liability Insurance

This is to provide increased supplementary liability limits for ample protection.

3. Personal Accident Insurance

In case the rental car gets into an accident and unfortunately, the driver or passengers face any injuries, then this coverage provides medical and ambulance costs and also provides death benefits.

4. Personal Effects Cover

This cover provides protection in case the personal belongings of a driver or passengers get stolen from the car. This protection is up to a certain limit.

Process of getting renter’s insurance:

Knowing the aspects that are already covered and the extent of the coverage you want in the future makes it easier to buy rental car insurance. Following is the process of purchasing rental car insurance;

• Evaluation Through Car insurances Comparison

Evaluate your credit card, medical, homeowner’s and car benefits to know the extent of coverage you already have for hiring a car. Then also evaluate the aspects you further want to be covered by the car rental insurance.

• Research

Now research the type of policies that renters are offering to know better what services are they providing and what else you need to be covered.

• Shop

Compare rates through car insurances comparison tools and get deals/packages of different rental companies.

This can be done online or by calling different companies.

Hence, discuss their policies and your requirements and how they can adjust your needs without putting a lot of burden on your pocket. Then go for the best deal offered.

If you decide to hire a car on location, then you can choose missing covers directly from the rental desk.

 It should be kept in view that rental companies apart from charging you for repairs, can also charge you for the loss of use of their car, diminished value, administrative and towing fee associated with claims.

Thus, it is very important that you are adequately covered. A comprehensive policy can protect you against these charges.

Comprehensive Car Insurances Comparison:

It is the most common type of insurance in the UAE. It will cover all costs in case the car gets involved in an accident.

But it is only applicable if you have a police report and the accident was not by your fault. If the accident was your fault then you will have to pay only the excess amount which can be different for different types of cars.

 If there is no other party or it is a case of hit and runs, you will have to pay the excess amount.

But if it is not your fault, then you don’t have to pay anything at all.

Hence, in all the cases police report is required.

Must-haves:

Car insurances comparison also highlights some features that a good rental car insurance policy must-have.

Thus, if you are looking for a rental car insurance policy then you should check for these coverages before you commit.

 If the rental company does not have these features already included in their policy then you can always ask them as these companies have the options of add-ons although you may have to pay a little more for these additional covers.

1. Windscreen, windows, mirrors, tires, engine and body damage cover
2. Cover for loss or damage to personal belongings
3. Personal accident cover
4. Car rescue and breakdown cover
5. Loss or theft of keys
6. Cover for legal expenses

Conclusion:

In the UAE, rental car insurance services are easy to get and takes away your burden by providing comprehensive or full coverage.

The risks are minimal and limited when it comes to hired cars in the UAE. If you have got yourself all the necessary insurance coverage and car insurances comparison rates then no need to worry if the car you rented breaks down or gets involved in an accident.

You can just return the vehicle and the rest is the company’s responsibility. For getting comprehensive insurance coverage or full coverage you may need to pay a little more.

But if you are certain that you will not be getting into trouble as you drive carefully, are experienced enough and do not try to parallel park if there is not enough space then you don’t even need to get full coverage.

You can save money by just getting the absolutely necessary insurance covers. Once you are done with all the formalities you can relax and enjoy driving around on the roads of the UAE.

As rental car insurance is so easy and convenient, it is one of the major reasons why car hire services are thriving in the UAE.

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