Introduction to ADCB Life Insurance in UAE
ADCB offers life insurance that protects you and your family against the uncertainties of life. It ensures that your family is financially protected in your absence or when you are permanently disabled or partially disabled. This health insurance plan ensures that your family’s lifestyle doesn’t change after your demise. It offers two kinds of Life insurance policy.
Types of life Insurance policies offered by ADCB
ADCB offers two kinds of life insurance policies that are tailor made to suit your needs.
Term Life Insurance:
Whole Life Insurance:
The term life insurance policy is the standard life insurance policy that offers protection for a definite period of time. The insured has to make regular payments called premiums to avail the life insurance cover. The insured stays protected as long as the premiums are paid. In case something should happen to the insured, the nominees will get the sum insured. This type of life insurance offers high level of protection at an affordable cost.
This type of insurance offers protection and investment options. The insured stays protected up to 95 years of age. The investment plan ensures that a cash value is accumulating and available for encashment in the event where the insured person decides to exit the plan before policy maturity. Various factors like your income, your monthly living costs, costs relating to your death and other factors are taken into account when deciding the amount of life cover that you will need. It also guarantees repayments of any debts left behind after your demise. It also offers the option of adding additional riders such as critical care, permanent total disability, spouse term rider and various other rider benefits.
Why choose ADCB Life Insurance?
ADCB Life Insurance offers life insurance plans that caters to everyone’s needs. The Whole Life Insurance plan ensures that you are protected up to the ripe age of 95 years while also allowing you to gain from your investment. The whole life Insurance plan allows the insured to add various additional riders thus making the plan even more beneficial to the insured at an affordable cost.
Other products offered by Abu Dhabi Commercial Bank in UAE are:
Frequently Asked Questions - FAQs
Does Term Life Insurance allow additional riders?
Can the insurance be bought online?
Term Life Insurance doesn’t allow additional riders but the Whole Life Insurance offers various additional riders.
Yes, ADCB Life Insurance policies can be bought online through their official website.