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What does life insurance cover exactly?
Life insurance protects the earning power of the individual in case of a death or disability.
What is the standard sum insured cover given in the region?
The basis of the sum insured can be a multiple of the salary or a lump sum. In this region, the trend is twice the annual salary.
Will I be covered if I was not in the UAE or in my resident country at the time of the claim?
Yes. Life insurance covers the insured worldwide, 24/ 7.
Who is eligible for cover? Can dependents be covered?
Employees actively at work from ages 18-65 can be covered. However, dependents cannot be covered under Group Life insurance