Incorporated in 1995, National Life and General Insurance Company is a major life insurance provider in the UAE. The insurance provider has more than 700,000 clients and has a gross written premium of around AED 1.6 billion (as of 2022).
Have a look at the key features of National Life Insurance’s term plan —
National Life and General Insurance Company provides individual term life insurance in the UAE. It offers some of the country's most affordable life insurance plans, which can help you ensure financial security for your family amidst unfortunate circumstances.
Here are some benefits as to why you should buy a term plan from National Life and General Insurance Company —
To apply for a term plan with NLG Dubai, your age at the time of entry must be at least 20 years but not more than 60 years.
Furthermore, you should be a UAE resident, national, or expat to apply for this term insurance plan.
Note: Term life insurance is more affordable when you buy it young. This is because younger, healthier individuals are considered low risk by insurers compared to older ones.
While anyone between the ages of 20 and 60 years can get term insurance, your 20s are an ideal time to start planning for your family’s future.
Here’s how you can easily apply for National Life and General Insurance plan —
For Death Claims
For Repatriation Claims
Note: You can courier the claim documents at any of the following addresses —
The ideal time to buy the term insurance plan is in your 20s — as soon as you gain a stable income.
You can cancel your NLG UAE term plan within 30 days from the commencement date.
The terminal illness benefit is usually equivalent to the death benefit’s sum assured.
The optional benefits include Critical Illness cover and Accidental Total Permanent Total Disability — Waiver of Premium.