LIFE INSURANCEWITH ALFRED
Plan Wisely and Live Happily
Best possible value for your money
Only the most reliable insurance companies
Dedication to claims service
Your own personal advisor to help you decide
One size does not fit all. We work with the Leading Life Insurance companies in the UAE to tailor the right policy for you.
InsuranceMarket.ae offers a composite suite of insurance and savings products to both corporate and individual clients from a various international and domestic product providers.
As a ‘One Stop Shop’ for you, InsuranceMarket.ae deals with top notch and the most reputed World Class Insurance companies like Zurich International, Friends Provident International, Metlife, Salama and many others, whose financial ratings are robust and top rated by Forbes, Standards and Poor’s, Fitch & Moody’s.
We strive to deliver bespoke insurance solutions to meet various needs of our clients, whether as an individual, family, group or a corporate.
Every individual’s circumstance is different – so are the needs in their life. For some it is important to establish a home, a business, to raise their family with the finest of standards, and to secure themselves and their family against illnesses and death.
Most people are confused by Life Insurance. Buyers are often mystified by its complexity, structure and pricing. In fact, most people are not comfortable with the entire subject of Life Insurance, but it is too important to the financial fabric of the family and business to be ignored.
Provide a guaranteed income and financial security for your loved ones
To provide for the illnesses when you need it most
Purchase an interest in a business
Build up a policy value over time
Protect the financial future of your dependents
Buy a piece of property
Leave a legacy
Pay a debt
Life Insurance is often the ONLY way the owner of the policy can provide money to meet these needs.
Life Insurance is a process of making advance provision for financial needs that will arise in the future. The objective is to ensure that the right amount of money is available in the right hands at the right point in the future to achieve an individual’s financial objectives.
For example, it may be necessary to save for many years to create an adequate income in retirement. Parents may feel the need to make financial provision for their family if either dies young. Equally, people who are already wealthy may need to take financial planning steps now to ensure that their assets, including family businesses, pass without difficulty or additional charges from taxation to their, chosen heirs.
Life Insurance is protection against financial loss that would result from the premature death of an insured person. The beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured. The death benefit is paid by a life insurer in consideration for premium payments made by the insured.
Provision of family income in the event of the income provider’s illness or death
Accumulation, preservation and investment of wealth
Survival of businesses from one generation to another
Some Life Assurance policies are designed to meet temporary / short term Life Insurance 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 plan
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.
Our Qualified Life Insurance Advisors will provide appropriate and affordable solutions to suit your needs from leading insurance providers
CRITICAL ILLNESS BENEFIT
A lump sum paid to you in the event you become diagnosed with one of the specified illnesses on your policy
Pays an advance of USD 7,500 in order to cover funeral expenses as a result of a death claim
An additional payable benefit in the event of hospitalization for more than 4 or more consecutive days
Whatever the stage you are at in your life, there is always a need to protect and save for the future.
Pay education loans
Premiums get expensive with age and responsibilities
Protection for your dependents
MARRIED WITH CHILDREN
Secure your family’s future
Boost your retirement savings
Plan a long-term care
Enjoy every moment of your hard-earned financial freedom
Read Alfred’s advice and insight on some asked questions.
Life Insurance is expensive in UAE and if you don’t have the right Life Insurance for yourself, get it now with Alfred
27th Floor, Control Tower, Motor City, Dubai
United Arab Emirates
PO Box 26423
Call: 800 ALFRED
Office: (+971) (0) 4 421 5819