Nobody wants to contemplate that they’ll one day face a serious health issue. It’s easier to bury your head in the sand and hope the worst will never happen. That’s why life insurance is one of those things everyone needs but few people have.
An alarming 2018 survey by Friends Provident International (FPI) conducted by YouGov revealed that more than half of the UAE residents don’t have any life insurance coverage at all, while only a quarter were covered against serious illness – many of them believing it to be too expensive.
Living life to the full is important, but so is being ready for any eventuality, especially if you have a family. Here are seven things you should consider if you are unsure of the benefits of getting a proper life insurance plan in place – and how to do it with minimal hassle.