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M.S.Madhumitha
M.S.Madhumitha

Ranjith

Results of the past two years, which has eroded the capital of some insurers as well, said Mr Mustafa Vazayil, Managing Director of Gargash Insurance Services.


New Insurance scheme launched for Indian Expats in UAE
My India Care is a unique insurance product specially designed for Indian expats in UAE. This is a combination of worldwide personal accident insurance, hospitalisation and day care medical coverage, with optional critical illness cancer cover. This product is introduced in the UAE by Gargash Insurance Services in association with National Takaful Company, Watania. May 09,2018, Dubai: Indian expatriates living and working across the UAE can now avail medical and accident insurance schemes in India, thanks to a new,first of its kind insurance policy that was launched on 8th May 2018 (Tuesday). The new policy, My India Care is a joint initiative by Gargash Insurance Services, the leading national insurance brokerage firm in the UAE and National ...

Insurance policies for maids in the UAE – Medical Insurance & Employer’s Liability Insurance
It is common in the households of the UAE to have maids as cooks, cleaners, caretakers, drivers, babysitters etc. It is crucial that they are being taken care very well as they form an indispensable part of the family. It is reciprocal service that is intended upon the employers in return to the care and service they provide to the well being of the house and its members. Sponsoring them comes with the cost of a visa, salary, flights and basic living expenses. What is often overlooked is the basic health insurance – something that could cost the sponsors further. Insurance for a maid comes in two main forms: Health insurance and ...

An insight on Under-insurance
What is under-insurance? For properties that are of high value it is recommended that evaluation of your property is done by a professional valuation firm before values are fixed. This is to ensure that you are insuring the correct value of your building. When this does not happen, there is a risk that you are either under-insured or over-insured.. If you are over insured, you cannot be at benefit of your policy and on the contrary you lose out by paying additional premium due to high values insured. But if you under-insure, you will not be reimbursed to the full value of damages incurred. Effect of Under-insurance Assuming that you have declared ...

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