Life is full of uncertainties, and one can never guarantee the forthcoming; hence, ensuring the well-being and happiness of your family remains a perpetual goal. You support your family, addressing their immediate requirements and aspirations most optimally. However, what happens if an unfortunate incident occurs to you, leaving your dear ones behind? Will they maintain the same level of comfort they currently enjoy? Can they pursue identical dreams and ambitions in your absence?
The Hemaya Plus from SALAMA furnishes you and your family with financial stability and tranquility. This uncomplicated life insurance in Dubai is the remedy to resolve this concern and safeguard your family from all financial setbacks is to engage in a financially efficient plan for a specified duration, ensuring financial security during unpredictable circumstances.
Hemaya Plus Unique Features:
- Hemaya Plus is eligible for ownership by either an individual or a corporate entity.
- The accepted currencies for the plan are the UAE Dirham and the US Dollar.
- You can opt for a singular payment or make monthly, quarterly, half-yearly, or yearly contributions.
- The amount you contribute is determined by factors such as your age, occupation, gender, health status, smoking habits, the term of the plan, and benefit amount.
- A premium is considered unpaid unless received by SALAMA within the 90-day grace period following the due date.
- The premium amount remains constant from the initiation of the plan and remains unchanged throughout the plan term.
TABARRU’ Surplus:
An annual assessment is conducted on the Tabarru Fund to determine the surplus. Based on the cumulative claims encounter of the Tabarru Fund, a surplus might be announced and allocated to qualified plan holders proportionately to their paid premiums. This distribution is contingent upon the endorsement of SALAMA’s Board of Directors.
Reinstatement:
The restoration of your plan is possible within 12 months following the deadline of the most recent unpaid premium, as per the operator’s decision and subjection of the following:
- Settling all pending regular premiums.
- Maintaining a stable financial status.
- Providing proof of having good health.
Free Look Period:
During the initial 30 days from the plan issue date, you can cancel your plan and obtain reimbursement for your paid premiums.
Payment Options:
We welcome premiums through various payment methods, including:
- Cheque
- Standing Order
Credit Card Payments
- Demand Draft
- Telegraphic Transfer
Potential Hazards:
- It is essential to acknowledge the subsequent potential hazards:
- In case premiums are not received by the end of the Grace Period, the coverage will terminate, and the Scheme will be concluded.
- The policy possesses no monetary worth at any given point.
Under the following circumstances, the policy will not disburse benefits:
- If the information provided on any record, application or declaration form needs to be corrected or needs an update.
- If the incident is contributed to or induced by one of the specified exclusions in the policy.
- If all the essential evidence regarding the incidents leads to a claim not being presented.
- Lack of evidence confirming ownership of benefits.
The Hemaya Plus Policy from SALAMA stands as a reliable solution for financial planning in Dubai to the uncertainties of life, ensuring financial stability and tranquility for you and your family. The unique features of this policy make it a comprehensive and efficient choice for securing your family’s future. Hence, approach Life Insurance Bazaar for the best life insurance in Dubai for navigating through life’s uncertainties and to secure a prosperous future for your loved ones.
