Emirates life insurance provides blogs on life insurance in Dubai. We offer proper investment planning and tailor make plans for your future requirements.
Term Life Insurance
It is the most popular and affordable plan that covers the death of the life insured. Term life insurance provides coverage at a fixed rate of payments for a limited period of time. It is simple to understand, and allows for personal choice. You pay a low monthly premium based on the term length and amount of coverage you choose.
With term life insurance you can build terms that fit your needs. You get to set the time period it will cover and the amount of the payout in the event of wrongful death. This makes it much easier to find a plan that can be built to fit your budget.
Term life insurance is generally chosen in favor of permanent life insurance because term insurance is usually less expensive. Term life insurance is good way to protect your beneficiary for a limited amount of time.