Ask a random expat in Dubai: “Do you have Life Insurance?” 50% will say: “Yes, I have it through my work.” They sleep soundly, believing their family is protected. In reality, they are walking on a tightrope without a safety net. Relying on “Group Life Cover” (Employer Insurance) as your only protection is the single … Read more
In the UK or USA, when the main breadwinner dies, it is a tragedy. But financially, the wheels keep turning. Joint bank accounts remain open. The spouse can still pay for groceries. The mortgage has insurance attached. In the UAE, death triggers a Financial Freeze. This is where Life Insurance stops being a “nice to … Read more
You bought Life Insurance. You signed the papers, did the medical checkup, and paid the first premium. You feel secure. But in the eyes of the insurer, you are currently in the “Danger Zone.” For the first 12 months (and sometimes 24 months), your policy is provisional. It is active, yes, but it is subject … Read more
Most parents buy insurance thinking about school fees or grocery bills. “If I die, I want my kids to go to Repton or Dubai College.” But in the UAE, there is a legal hurdle that comes long before the school run. It is the issue of Child Guardianship. If you are an expat father (the … Read more
You meet a Financial Advisor in a coffee shop in DIFC or Marina. He is charming. He wears a nice suit. He draws a graph on a napkin showing how you can become a millionaire in 20 years. He says: “You need Life Insurance. But why just pay for death? Why not pay into a … Read more