Compared to many other countries in the world; standards of health care and related services in UAE is quite high. The economy is strong and government investments on health are increasing as a result running well over $700 billion now.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Increasing Requirements of Health Insurance in UAE
1.
2. • Rich with petro dollars, the spending on health and immunization in UAE
is on the rise. Why are requirements for health insurance increasing
there?
• Compared to many other countries in the world; standards of health care
and related services in UAE is quite high. The economy is strong and
government investments on health are increasing as a result running
well over $700 billion now.
3. • Free Yet Expensive
• Some parts of health coverage are free from the UAE citizens though
not for others. But there are growing instances of death and injuries due
to –
• Cardiovascular attacks; the main reason for death in UAE.
• Accidents involving vehicles and other objects.
• Attack of malignant diseases.
• Due to growing incidences of congenital anomalies in people.
5. • Insurance for Tourists and Visitors
• If you are a tourist to Abu Dhabi or other parts of UAE looking to have a
feel of the great history, culture, and heritage of the land or a visitor for
business or other purposes, Health Insurance in UAE could be equally
important for you.
• In recent years Dubai and Abu Dhabi have been ranked as the second
and third most popular medical tourism destinations across the globe by
World Bank.
•
6. • Usually the insurance agents in United Arab Emirate would belong to
some insurance company. However the requirement is that the
company should be registered under the Life Insurance Companies and
Agents Law 1984 of United Arab Emirates.
Law of the Land
• According to the provisions laid down in the Act, “insurance is a contract
by which and insurer is obliged to pay to the insured or his beneficiary”,
and it is monetary benefits provided by the insurance company to the
insured in the event of the insured suffering death or other damages to
person or property.
7. Thank You!
For more information
visit our website
www.arabianhealthinsurance.com