Takaful Emarat Life Insurance UAE - Compare & Buy Takaful Emarat Life Insurance in Dubai, UAE. Get Financial assurance for your family with a Takaful Emarat Life Insurance
Unprecedented situations are possible during any stage of life. It is always a wise decision to financially secure yourself and your family in advance. Term insurance plays a key role in both short-term and long-term financial planning, as individuals can ensure financial security for their family members even in their absence.
In this article, we would specifically focus on 25 year term life insurance and associated aspects like its importance, benefits, eligibility criteria, and required documents for 25 year term life insurance plans. You would also find some top 25 year term life insurance plans in the UAE listed below.
Given below are a few benefits of 25 term life insurance to help you understand its significance –
Term Insurance Plans |
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5 Year Term Life Insurance | 10 Year Term Life Insurance | 15 Year Term Life Insurance | 20 Year Term Life Insurance |
To find the best term life insurance plan for yourself and your family, you must take a few points into consideration –
Your life stage is an important factor to consider while selecting a 25 year term insurance plan, as your age has a considerable effect on your policy duration and premium. As individuals are prone to health diseases and more financial responsibilities in old age, the premium tends to increase with the applicant’s age.
Besides age and life stage, it is also crucial to consider the number of dependents you have. You would be able to select the best plan for your family only after considering the dependents and their financial requirements for both the present and the future.
Your standard of living and monthly income also matters when you select a term life insurance plan. It is advisable for applicants to analyse their lifestyle to ensure their family members/dependents live the same way in their absence without compromising their lifestyle and other requirements.
For this goal, the applicant would also need to figure out the amount that goes into their daily family requirements. It is a requisite to evaluate your financial responsibilities and manage your finances effectively to invest better in terms of 25 year term life insurance.
Another factor that influences your term life insurance plan is your present liabilities. An individual may have taken a loan or mortgage that may last for a long term. However, if their loan repayment tenure does not align with their term insurance period, it can be stressful for their family to complete the loan repayment in case the policyholder passes away.
Thus, it is advisable to always select a term insurance plan that will extend beyond or at least cover the duration of your current loan repayment period.
When going through different 25 year term life insurance plans, it is necessary to look into the riders provided by insurance companies as well. Add-ons or riders are fundamentally additional benefits offered along with basic insurance plans. Term life insurance policyholders can opt for such add-on plans by paying additional premiums.
The Claim Settlement Ratio (CSR) is simply the ratio between the number of claims paid to policyholders by an insurance provider and the total claims received by the said provider. It is crucial to validate the CSR of insurance companies to know whether they are reliable and promise to offer financial support when your family requires it the most.
Listed below are the top 25 year term insurance plan providers in the UAE –
Insurance Product |
Life Cover (In AED) |
Takaful Emarat (Fixed Term) |
250,000 |
HAYAH Insurance (Term Life Protect) |
250,000 |
Union Insurance (Smart Term) |
250,000 |
Noor Takaful – Watania (Full Protection) |
250,000 |
Noor Takaful – aWatania (Pure Protection Cashback) |
300,000 |
Let’s check out the salient features of the given top 25 year term life insurance plans in the UAE –
Insurance Product |
Plan |
Inclusions |
Sum Assured Payout in Case of Death |
Add-On Plans |
Takaful Emarat (Fixed Term) |
Level Term Plan |
COVID-19 Coverage Pre-Existing Disease Coverage: As per the Approval of the Provider Worldwide Coverage |
Pre Existing Diseases: Subject to Insurer Approval Accident: From Day One (AED 250,000) Sickness: from Day One: AED 250,000 |
Terminal Illness – On Diagnosis (Death imminent within 12 months) Critical Illness – On Diagnosis |
HAYAH Insurance (Term Life Protect) |
Level Term Plan |
COVID-19 Coverage Worldwide Coverage Medical Checkup: Not Required |
Accident: From Day One (AED 250,000) Sickness: From Day One (AED 250,000) |
Terminal Illness – On Diagnosis (Death imminent within 12 months) Critical Illness – On Diagnosis Temporary Life Cover Passive War Risk Permanent Total Disability (PTD) – (Accident, Sickness, and Premium Waiver) |
Union Insurance (Smart Term) |
Level Term Plan |
COVID-19 Coverage: After 30 days Pre-Existing Disease Coverage: Pre-approved up to AED 1,000,000 Maturity Bonus Payout: No Medical Checkup: Not Required Worldwide Coverage |
Pre Existing Diseases: covered after 6 months Accident: From Day One: 100% of the Sum Assured Sickness Terminal Illness (Death imminent within 12 months), Kidney Failure and Cancer: covered after 6 months |
Passive War Risk: cover AED 250,000 Term 25 Years: Free |
Noor Takaful – Watania (Full Protection) |
Level Term Plan |
COVID-19 Coverage Pre-Existing Disease Coverage: Subject to Provider Approval Worldwide Coverage |
Pre Existing Diseases: Subject to Insurer Approval Accident: From Day One: AED 250,000 Sickness: From Day One: AED 250,000 |
Critical Illness – On Diagnosis: Cover AED 25,000 Term 15 Years Passive War Risk Cover AED 250,000 Term 25 Years: Free Permanent Total Disability (PTD) – (Accident and Sickness): Cover AED 25,000 Term 25 Years |
Noor Takaful – Watania (Pure Protection Cashback) |
Level Term Plan |
COVID-19 Coverage Maturity Bonus Payout Medical Checkup: Not Required Worldwide Coverage |
Accident: From Day One (AED 300,000) Sickness: From Day One (AED 300,000) |
Terminal Illness – On Diagnosis (Death imminent within 12 months) – From Day One: 20% of SA (Max up to AED 150,000) Repatriation Benefit: Additional AED 5,000 |
While the eligibility criteria for 25 year term life insurance plans in the UAE varies as per the provider, a few guidelines followed by most providers are discussed below –
In order to buy 25 year term life insurance plans in the UAE, policy buyers are required to submit a few essential documents to complete the purchasing process like the following –
Policybazaar UAE hosts the best 25 year term life insurance plans from the leading insurance providers present in the UAE. Besides that, here are some benefits of getting your term insurance plan from policybazaarinsurance.ae –
Purchasing 25 year term life insurance plans from policybazaarinsurance.ae involves a few simple steps like the following –
In case you come across any issue while performing the given process, you can get in touch with one of our executives. For assistance, you can either call us at our customer care number (042472904) or drop us a mail at communication@policybazaarinsurance.ae.
While purchasing 25 year term life insurance, policyholders and their beneficiaries must be aware of how to claim their existing policy as well. While the process of filing a claim for term insurance involves easy steps, you would still be required to provide accurate details and valid documents to carry out the process smoothly.
Check out the following steps to learn more about the procedure of claiming term insurance policies –
Have a look at what people are asking about 25 year term life insurance –
Ans: To buy 25 year term life insurance plans, you must consider the following –
Ans: As per experts, once you start earning, it is advisable to purchase a term life insurance plan. 25 years term life insurance plans are generally highly advisable for the following categories of people –
Ans: You can find the best term life insurance plans in the UAE from various providers on Policybazaar UAE. Alternatively, you can visit the website of your provider or go to the nearest branch of the respective insurance company for an offline purchase.
Ans: After you submit your term insurance claim form, it generally takes up to 4-5 days to claim the settlement in the UAE.
Ans: Individuals must have the following documents to buy term insurance policies in the UAE –
Ans: In the UAE, term insurance policyholders have flexible payout options – lump sum or regular payments.
Ans: While younger individuals are less prone to health issues, people at older ages are at a higher risk of frequent and severe illnesses. Thus, with older people being at a higher risk of premature death, term life insurance premium increases with an increase in the entry age of the applicant.
Ans: Here are some factors that affect your term insurance premium –