The General but Important Roles of Insurance Broker in Dubai

Dubai has one of the most booming financial markets and trading centers across the world. The insurance market is also one of the booming markets here and this has lead to great scopes for the insurance brokers. We can say that Dubai has got some of the best services of everything in the entire region. When you stay in Dubai and own a car or any other vehicle here, you certainly need a good insurance broker in Dubai for yourself and for your vehicle. When it comes to taking insurance whether its life insurance or motor insurance, the broker plays a very important role. He acts as an intermediate between the insurance company and the customer.

Apart from being an intermediary between the company and the customer, there are many other functions which have to be carried out by the insurance broker in Dubai. When you go to an insurance broker the most important thing which is to be expected from him is his awareness. He should be aware of aware of all the covers available in the market, whether it’s a life insurance or a motor insurance. His knowledge will help you in comparing various policies available in the market.

Not only his insurance underwriting company but he should possess knowledge about other leading players as well, so that he can offer you the best available policy of the market.

It is expected that the reliable insurance broker in Dubai not only sells his policy to the customer or tell them about various schemes available in the market, but he should also act as a complete intermediary for all types of insurance needs. He should not just restrict himself with buying and selling insurance but also tell the customers about any changes which are applied during the mid-term of the policy. He should also be available at the time of claim of insurance money.

Above are some of the general functions which are expected from all the insurance brokers.

Low Cost Medical Insurance Dubai Policies Provide Affordable Medical Treatments

Whether you are a regular employee, a self-employed individual or simply want to reduce the actual premium amount, you may get an option to get low-cost insurance policy to get plenty of medical benefits.

In this blog post, we have discussed a few common low-cost types of medical insurance policies in Dubai to let you receiving medical treatments at the most pocket-friendly rate.

Low-Cost type of Major Medical Insurance

In case of major medical insurance coverage in Dubai, you will receive different types of catastrophic benefits to safeguard against major insurance claims in hospitals. In this case, you will find a very low premium amount as compared to any other type of comprehensive plan.

Catastrophic insurance benefits include coverage for injury and illness-based emergency room fees, board and room, intensive care, fees to use medical facilities and undergo a surgery, professional fees of surgeons, doctors, and nurses. In addition, catastrophic medical benefits may even include CAT scans, chemotherapy, and MRIs covered under your insurance policy.

Lost Cost type of Comprehensive Medical Insurance

Most of the affordable comprehensive type of medical insurance plans in Dubai offers you with feature rich coverage at the most reasonable rates. Low cost is because of the limit in the exact number of covered visits to the office and restricting on the high-cost type of non-generic prescribed benefits. Most of the preventative and medical insurance coverage remains usually the same, while the overall amount of premium goes down in accordance with the limitation in other coverage.

Low-Cost type of Health Saving Account Medical Insurance

Health saving account of low-cost type refers to a tax-favorable type of medical saving account. It comes with the combination of a qualified HDHP i.e. High Deductible Health Plan to activate you in making payment for existing medical expenses and in achieving savings for medical and health care expenses in the near future based on free of tax.

Why to Compare Different Travel Insurance Services Dubai

Travelling is one of the most exciting things in anyone’s life. Traveling gives an opportunity to individuals to explore new places, activities and also cuisines. If traveling with friends or family members then the fun simply doubles up and one gets to spend a lot of quality time with them. However, when planning for a vacation it is very important to first look for travel insurance and then move ahead with further planning. 

There are a number of companies offering travel insurances; also they offer different options for travel insurances. So many options create confusion for individuals, hence; one need to compare and analyze different travel insurance policies and insurance services offered by different companies. One can also take help of online media and can look for insurance Services in Dubai online. This helps in enjoying following benefits.

Match Needs

Travel insurances are available in different types. Individuals need to compare different insurance plans to find out which plan suit their requirement the best. This is a very crucial step as this helps to ensure that the travel experience is memorable and safe.

Maximum Return on Investment

Comparing different insurance plans enables individual to avail maximum return on their invested amount. There are many insurance policies, which are very expensive but they fail to provide the expected coverage. For instance, encountering health problems is very common during travel and some of the expensive insurance plans do not cover health problems. This ultimately affects the trip and also the well-being of the individual.   

Know the Policy

Before availing insurance Services Dubai, it is very important to know and understand the policy deeply. One should read and understand every clause mentioned in the policy, this avoids any confusion later. The process is time consuming but is very helpful in the long run for all policy holders. 

Role of Insurance Broker

The insurance industry is a very niche business area gaining popularity with time. Considering the demand more and more insurance companies have come into the existence for providing various types of insurance services. Continuous Increase in the population is also a major contribution in the increasing demand for insurance services. These companies provide different types of insurances like auto insurance, health insurance, life insurance, property insurance, real estate and so on. To make the people know about their services and different insurance schemes insurance companies hire brokers.

Insurance Broker

Insurance brokers also are known as agents help potential customers to know the types of insurance schemes available and which suit their requirement the best. They also help in purchasing the policy. They actually act as a bridge between the customer and the insurance company; they speak to the company on behalf of the customer and also try for better negotiation. Insurance brokers in Dubai try their best to initiate and close a win-win situation for both the customer and the insurance company.

Insurance broker receives their payment based on the number of insurance policies they have sold. Part-time work as an insurance agent both full time as well as part-time. Insurance Brokers Dubai have monthly or quarterly target assigned to them. Some part of their salary is fixed while some are variable, which is released based on the target achieved.

Specialists 

As mentioned above insurance companies provide various types of insurances and every insurance has many schemes and aspects associated. Companies prefer to hire specialist having good knowledge about very insurance type. This makes it convenient for the customers to know in-depth knowledge about the policy and the scheme. It is recommended by experts to know every aspect of the insurance policy before purchasing it and these specialists make the task easy.

Alfred Insurance Market - the leading Health Insurance Company

Health insurance plays a major role which involves cover to the whole family in case of death or sudden demise of family member who is the bread earner of the family such as: father and their kids and mother who are not capable of earn money due to any reason so insurance company will provide full compensation to the family for their further survival.

There are many Health Insurance companies in Dubai such as Alfred Insurance Market this is a well renowned Insurance firm which has 4 to 5 star ratings and mostly preferred by gulf citizens. In Gulf region it is mandatory to has particular type of Insurance which is law made by their Government.

There are different types of Health Insurance plans in Dubai which have low to high premium and benefit according to that in top plans which enables a person to choose from wide range of hospitals for treatment which are present in Gulf regions and in some plans one can move to any part of the world! The high focus is on Gulf region some parts of Africa and Asia. As I have mentioned above its mandatory to have health cover for all the families but also for the people who are working for them as domestic helpers!

In Dubai Health Insurance is most significant of the all and to certain chosen companies which are assigned by the government are given deadlines to provide insurance cover to chosen region in limited period of time! And time period is given like 6 months to 1 year and particular number of families should be covered!!

The health Insurance law was introduced in year 2014 January and packages ranges from 500 dirham to 750 dirham for 1 year which is not that high it’s quite affordable! Pressure is more which People from other cities are also residing in Dubai such as from Sharjah and Ajman and the total population of Dubai is approximately 2.8 million and insurer’s target is to cover over 4 million people including residents of Dubai and residents from other countries.

In some cases if a person cannot afford to have Health Insurance card it is the obligation of the employer to get the health Insurance card for his employees and negotiations can also be carried out by small companies with Insurance companies. So they include insurance premium in the salary of the employee which makes easier to pay the premium.

Alfred Insurance Market, a reputed Insurance Company plays prominent role and it’s the largest Health insurance firm in Dubai because it provides high quality covers and all most provides every type of insurance and provide wide range of choices to choose from. There are some covers which are especially designed for tourist or international visitor who are travelling to Dubai for chosen period of time this plan was executed last year only in 2016 and there is hope they will put more amendments and customizations in near future.

How you can get the insurance for your car in Dubai

In the beginning its better to get aware about the car insurance, in this Insurance Company signs a contact with the bearer who have pay premium to the company and, in case of any damage or accident the company have to bear all expenses of the damage.

There are number of Car Insurance companies in Dubai such as Alfred Insurance Market is the most reputed and professional Insurance Company in Dubai which has more than 4 star ratings and highly preferred insurance firm. Moving ahead, before getting a car Insurance few tips should be kept in mind to avoid any sort of hassle like getting right insurance if your car is old and will pay much try going for third party cover that will be the right option make sure before agreeing to any contract read that carefully!!

Secondly, keep in mind that if the vehicle you’re applying for is bigger and expensive the more will be the premium so don’t generalize with small vehicles it completely depends upon car to car! So whenever you are planning to owe a car keep in mind the cost of insurance you will pay! Some people are not aware about Comprehensive car insurance its means providing complete coverage Car Insurance Dubai it’s the top most level of Insurance. Comprehensive cover and Third party cover are quite similar they cover extreme parts of insurance including death of the victim.

In Dubai Comprehensive coverage is offered by the ABC Insurance Company in order to provide protection to privately owned vehicles in case of accident or miss-happening. In Dubai coverage is provided to third party for all the legal expenses if there is any damage to the property or vehicle. The coverage is given for many cases such as in case of collision, internal or external explosion, fire, theft, and damage during transportation, death, injuries.

In this context, Some Insurance companies in Dubai which arranges insurance cover online as well which is more comfortable and convenient Insurance brokers will come up with variety of options and quotations from well renowned Dubai Car Insurance companies and a person can use from that with which company they want to continue. 

In Dubai owing a car is not easy if a person is having a residency proof and valid age only that person is able to owe a car and can go for insurance cover apart from this other important documents are driving licence of UAE, eye sight test , passport which is Valid, Brief details of car and its documents. More or less, the validity of insurance cover is for 13 months and then it needs to be renewed but previous proofs of insurance is necessary.

On Contrary, there are some circumstances in which person can’t make claim of their vehicle if they are riding under the influence of Alcohol or drugs and if accident occurs this will eliminate all the clauses and in this case Insurance company will not pay anything to the candidate.

Search Out a reputed AXA Insurance UAE Firm to get the best insurance plan

First and the foremost are need to know about AXA from where it is originated?? It’s originally from France. it’s a multinational insurance organization and its headquarter is in Paris. It covers every sort of insurance services, investments, and financial covers. Nowadays, it has stretched over most parts of Europe and the Middle East, some parts of American continents and Asia pacific region now it is also spreading its routes in the African continent.


It has 50 branches all around the world with around more than 1000 employees and near about 2 million customers, it was established 65 years back. It has a premium of over US$963 million. AXA offers different types of insurance covers for corporate or individual consumers.


Their main goal is to protect their consumers for a longer period and to provide them with good quality insurance covers. They try to find every possible way to cater the needs of the customers, taking up all the risk and overcoming the risk factors and dealing in a very professional manner but despite their entire objective is to build trust and strong relationship with their clients and valuing their bond providing satisfaction to the fullest.


Furthermore, their main focus is to create sustainable long term business relationship in order to maintain the sustainability not only they provide quality services to their customers but also treat their employees in a fair way providing them incentives and salary hikes, they also help in contributing in the protection of the environment. They want to become highly preferable company among every community!

In UAE, Alfred Insurance Market also collaborates with them which makes it even stronger. AXA is spread over Bahrain, Oman, UAE, Qatar and Saudi Arabia. The best part of AXA is they have well-qualified experts and customer care executives who are always there to help and ready to provide expert advice AXA has given 100% on reliability. Alfred's Insurance Market has bagged numerous awards they have won a title of General Insurance Company and in Health Insurance Sector and there are many titles they have won in many categories such as Insurer of the year, Motor insurance, best personal Insurer and many more.


AXA Insurance UAE deals with many types of insurances, for instance, car insurance, health insurance, yacht insurance, Golf insurance, motor, home loan insurance, travel, and relocation. They are investing significantly in the Gulf region and AXA recognize the important role employees have in the success of their business.


However, as we have mentioned above not only they provide excellent services but also guarantees promising career to candidates who are willing to work with them and better facilities and work atmosphere to subordinates who are already working with them and they provide full satisfaction and motivation to staff members and the subordinates try to give their level best in upgrading the atmosphere of the work environment.!! Moreover, they are open to any nationality and people from different backgrounds. AXA Insurance UAE has got excellent managers which direct the efforts of employees in one direction to achieve the organizational goal and to work to the fullest and to fulfill the commitment and dedication.