How to Invest Money in Insurance
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Transcript of How to Invest Money in Insurance
Insurance is one of the safest investments to make.
It secures you, your loved ones and your valuables
against any unforeseen event so that you don’t
have to bear the burden all by yourself when a
tragedy strikes.
It not only gives you peace of mind but it also
provides physical, asset and income protection.
Usually while thinking where and how to invest
money we overlook one of the most important
form investments- insurance.
While there are various types of insurances
available in Dubai, depending on the needs of
your family and assets you can choose one or all of
the.
› Health insurance
› Car insurance
› Life insurance
› Travel insurance
This type of insurance is compulsory for every
resident of Dubai irrespective of whether you are a
citizen or an expat. A health insurance Dubai will
protect you from physical damages, injuries, illness
and other health related issues.
Depending on your budget you can choose from
a number of health insurance plans, although it
would be wise to go for one that gives you
maximum cover.
The elites residing in Dubai own fancy and
expensive cars that will act as a status symbol.
And why only elites, every resident here have their
own cars due to cheap petrol and diesel prices.
The expats moving to this city also prefer second
hand cars over public transport.
In such a city it was essential to make car
insurance in Dubai compulsory to ensure safety of
the vehicle as well as the person driving it.
Life insurance provides financial
protection to one’s family when
unforeseen circumstances arrive
like death of the policy holder,
loss of income or critical illness.
Certain insurance policies are
flexible and tailored to adjust the
needs of the insurer.
This type of insurance is increasingly
becoming popular these days.
It covers all types of losses
sustained while travelling such as,
loss of luggage, flight cancellation,
accident, delayed flights etc.
Travel insurance safeguards you
and your family and makes sure
that you travel in peace.