New Flexible Insurance Option for Entrepreneurs and Investors

The above plans and premiums are for AED 1,000,000 Sum insured for 1 Adult of 30 Years for Dubai city.

On February 16th, 2023, Abu Dhabi’s health department launched a versatile health insurance plan that focuses on existing and future entrepreneurs and investors. This plan has been launched in association with the Abu Dhabi Department of Economic Development (ADDED). The key benefit of this newly-introduced plan is that investors and entrepreneurs can secure an insurance plan at low costs.

Most of the individuals belonging to the mentioned categories can opt for this new insurance as per the Department of Health (DoH). Furthermore, this flexible health insurance plan is beneficial for community members like expatriates who are working in the private sector and living in the Emirates. The benefits extend not only to expatriates, investors, and entrepreneurs but to their families and their employees as well.

Currently, this flexible health insurance plan is included in the existing health insurance options that are available in Abu Dhabi.

Diving Deeper into the Features of the New Flexible Insurance Option!

Flexible health insurance is an insurance option that offers financial coverage for the expenses incurred through treatment services of up to AED 150,000 per annum with 100% coverage in the case of emergency situations. Note that there is a 20% co-payment for the expenses incurred on all outpatient treatment facilities and a 30% co-payment for the pharmacy.

With this unique plan, a policyholder can take advantage of the healthcare facilities of the network hospitals in Abu Dhabi. There is an additional option to upgrade the plan as per the insured individual’s needs. This health insurance option is specially designed to make the emirate a promising destination for entrepreneurs and investors who seek to live here. The plan is designed to widen the horizon for accessing world-class quality healthcare services to all community members.

How to Opt for the New Flexible Health Insurance Policy?

As per the advice of the DoH, when the current health insurance policy is about to expire, businesses or individuals interested in the "flexible health insurance" policy can contact health insurance providers for more information. If the eligibility requirements are satisfied, they can apply for the "flexible health insurance" policy afterwards.