COMPARE LIFE INSURANCE WITH ALFRED
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Only the most reliable insurance companies
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Your own personal shopper to help you choose
OUR LIFE INSURANCE PARTNERS
One size does not fit all. We work with the Leading Life Insurance companies in the UAE to tailor the right policy for you.
OUR LIFE INSURANCE PARTNERS
One size does not fit all. We work with the Leading Life Insurance companies in the UAE to tailor the right policy for you.
BENEFITS OF LIFE INSURANCE
Peace Of Mind
Life insurance eliminates financial stress. By buying the right quantum of life insurance, the insured is eliminating the financial stress that may be caused due to his or her absence
Debt Free Life
The insured may have debts but when he leaves his family members, they need not have to worry about the debts they have inherited.The insurance amount will help them pay these debts off so they can lead a debt free life.
Child's Future Is Secured
If the person has bought adequate life insurance, his children need not have to abandon their dream of pursuing higher education.The insured amount will help them continue their education.
Steady Income
Life insurance can replace the income of the deceased person. This means there will not be any disruption to the future plans that have been made. The family members can continue to lead the same lifestyle.
LIFE INSURANCE POLICIES WITH ALFRED
Life insurance is actually a very general term. There’s all kinds of possibilities and different plans, so it’s perhaps the most customisable of all the insurances. But the message is clear – the past is history, but tomorrow is a mystery. Who knows what will happen? As another cliche goes, hope for the best, but plan for the worst. What if you do die tomorrow? Who will pay for your children’s education? Who will pay the rent? Who will pay for your funeral? Scary isn’t it. Obviously, you could play the stock markets, move money around to benefit from the exchange rates or just try to save. But why not make your money work harder?
Life insurance isn’t the same as car insurance. Car insurance is all about protection. Sure, there’s a large protection element in life insurance too, but unlike car insurance, life insurance is also an investment. Life insurance is about financial planning, but having protection at the same time.
Life insurance is divided in to ‘term level’ and ‘whole of life’.
Term Assurance
Some life assurance policies are designed to meet temporary / short term life cover needs. A term assurance policy provides protection during the fixed policy term ranging from a minimum of 5 years to a maximum of 35 years. There is no investment or saving element as the core purpose would be for pure protection. Such policies usually come with monthly or yearly premium payment options and premiums are paid throughout the term of the policy.
Whole of Life Insurance
The plan term is open ended, hence continues throughout the lifetime of the life assured. The sum assured is payable on the life assured’s death. Here the premiums could be paid monthly, quarterly, half yearly or yearly for as little as 7 years and as long as whole of life. These plans usually contain an investment element, and will provide increased cash value alongside funding for the cost of future benefits throughout the life of the insured. Protection benefits would be the prominent benefit under this plan.
By definition, we would hope that life insurance is a long term investment. Accordingly, we will only work with companies who we know will be there in the long term.
YOUR LIFE INSURANCE PREMIUM
DEPENDS ON A LOT OF FACTORS
Your personal shopper will compare many life insurance quotes from leading insurance providers before sharing with you
OPTIONAL BENEFITS OF LIFE INSURANCE WITH ALFRED
There are all kinds of ways to tailor a life insurance policy. Here’s a short list, but do speak to your Dedicated Advisor who can talk you through all the options.
However, you have the option to make your insurance policy even better.
- Cover can be arranged on a single life, but also for you and your partner. In this scenario, you can get a pay out in the event of the first death, or after both deaths, and this will be cheaper than taking out two individual policies.
- A whole variety of payment options – payment as a lump sum, as flat payments on a monthly or annually basis, or as diminishing payments.
- Critical illness cover
- Total disability cover
- Payment can be in a variety of currencies, so the policy is truly worldwide!
- Long term care
- Accidental death addtional benefits
- Dismemberment
- Hospitalisation
- Family income
- Waiver of premium
- Permanent total disability
- Aeroplane cover
WHEN TO START PLANNING?
Whatever the stage you are at in your life, there is always a need to protect and save for the future.
SINGLE
MARRIED
MARRIED WITH CHILDREN
APPROACHING RETIREMENT
POST RETIREMENT
- Pay education loans
- Premiums gets expensive with age and responsibilities
- Protection for your dependents
- House Planning
- Children Education
- Children Marriage
- Secure your family’s future
- Boost your retirement savings
- Plan a long-term care
- Enjoy every moment of your hard earned financial freedom
WHEN TO START PLANNING?
Whatever the stage you are at in your life, there is always a need to protect and save for the future.
SINGLE
- Pay education loans
- Premiums gets expensive with age and responsibilities
MARRIED
- Protection for your dependents
- House Planning
MARRIED WITH CHILDREN
- Children Education
- Children Marriage
- Secure your family’s future
APPROACHING RETIREMENT
- Boost your retirement savings
- Plan a long-term care
POST RETIREMENT
- Enjoy every moment of your hard earned financial freedom
SOME FREQUENTLY ASKED QUESTIONS
Read Alfred’s advice and insight on some asked questions.
How can I plan my finances?
Expats in the UAE will find that there is no pension plan, no government funding for children’s education, no death compensation and no public healthcare…
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What factors do insurers look at to compute my premium?
Life insurance providers will look at many things when underwriting a policy especially for you…
Read More
Alfred's tips on living a healthy life!
People often ask Alfred how he’s kept in such good shape for a man of his age. If we’re only going to live once, we should aim to live as long as we can…
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How does life insurance play an important role across all stages of life?
CHILDHOOD
Childhood is a period of dependency which usually lasts until children finish their full-time education. The child’s financial needs are met by parents or other relatives and, even in societies where children start work at a young age, the child’s income rarely provides financial independence…
Read More
How to budget?
Whenever we spend money, we try to be within our budget. Therefore, budgeting of our monthly earnings is very important in our lives whether we are an employee or an employer…
Read More
PAYMENT OPTIONS OF LIFE INSURANCE
Credit Card
Bank Transfer
Cash
Cheque
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Life insurance is expensive in UAE and if you don’t have the right Life Insurance for yourself, get it now with Alfred