Life is uncertain. No one can predict the future, and it becomes everyone’s primary goal to ensure their family’s happiness and well-being. While you presently provide for your family, tending to their immediate requirements and future ambitions most effectively, one must also consider what would happen in the unfortunate event that you are no longer there for them. Would they maintain the same level of comfort they currently enjoy, and could they continue to pursue their dreams and aspirations in your absence without any financial planning in Dubai? Hence, this blog explores how Hemaya Plus- Family Takaful Term Plan helps secure your family’s financial security.
Hemaya Plus- Family Takaful Term Plan – Overview:
SALAMA – Islamic Arab Insurance Company, a renowned Takaful provider with a rich history and a prominent presence in the Dubai Financial Market, has introduced Hemaya Plus. This innovative term insurance in Dubai offers you and your loved ones financial stability and a sense of assurance. To alleviate concerns and safeguard your family from financial setbacks, investing in Hemaya Plus is an affordable plan for a specific duration, guaranteeing financial protection during unpredictable circumstances.
Hemaya Plus is a Family Takaful Plan designed to achieve two primary objectives:
- It provides an agreed Family Takaful Benefit in the unfortunate event of the Covered Member’s passing away during the plan’s term or if they are diagnosed with a terminal illness with a life expectancy of fewer than 12 months.
- It offers selected and agreed additional Protection Benefits upon realizing the corresponding covered event.
How Does The Hemaya Plus Work?
- It is a term protection plan with a fixed structure, providing a predetermined payout in the event of the covered member’s demise or a covered unfortunate incident.
- The plan includes a terminal illness benefit as an inherent component. once the plan is established, the benefit amount and the plan duration can remain the same.
- The plan can be structured for an individual or on a joint life-first-death basis, where the payout is triggered by the first death, leading to the plan’s termination.
- Criteria To Start The Investment Plan:
- The minimum age at the start of the plan is 18 Years
- Maximum age at the start of the plan is 74 Years
- Maximum age at expiry 100 Years
- You can either make a consistent, set payment according to your selected payment schedule or provide a one-time lump sum payment at the beginning of the plan. If you discontinue making these regular payments, the plan will end.
- Please inform us if there are any alterations in your health, occupation, family history, or involvement in any risky activities, as well as any changes in your residential status, from when you fill out the application until the plan is issued.
- An Individual or Corporate entity can own Hemaya Plus.
- UAE Dirham and US Dollar are acceptable plan currencies.
Hemaya Plus is the best life insurance in Dubai, designed with a fixed structure to offer a predetermined payout in the unfortunate event of the covered member’s demise or a covered incident. Approach our experts at Life Insurance Bazaar to avail this plan that offers security and peace of mind for individuals and organizations, making it a valuable choice for safeguarding the future.
