A study conducted by Friends Provident International (FPI) reveals that only 42% of the emirati residents have a life insurance cover.
This rate has decreased significantly compared to the last year during which it totaled 52%.
In this survey, out of 503 respondents, 32% expressed their lack of enthusiasm for life insurance due to high prices while 26% justified their reluctance stating their unfamiliarity with this type of cover.
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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-digital-turning-point
[4] http://www.atlas-mag.net/en/article/record-profits-for-emirati-insurers
[5] http://www.atlas-mag.net/en/article/deadline-for-entry-into-effect-of-compulsory-health-insurance-extended
[6] http://www.atlas-mag.net/en/article/the-insurance-sector-is-undergoing-the-process-of-emiratisation