A Complete Guide to Individual Health Insurance

A Complete Guide to Individual Health Insurance

Life keeps reminding us about the unpredictability of medical exigencies. After surpassing the worldwide pandemic setbacks a few years ago, the picture of how unforeseen medical conditions can occur has become vivid. Considering the requirement of emergency healthcare facilities at any time, it is highly recommended that everyone obtain healthcare insurance. Whether you’re a business owner liable to provide suitable medical insurance coverage to your employees or you’re an individual looking for a policy to secure your and your family’s lives, all of you should consider purchasing individual health insurance. However, before obtaining individual health insurance, a complete understanding of the policy always helps. Therefore, this blog highlights the eligibility criteria, benefits, coverage, and other essential details of the insurance.

The Eligibility Criteria to Obtain Individual Health Insurance in the UAE

Individual health insurance is a policy that provides financial support to an individual in the event of illness, disease, accidents, and other medical conditions, including emergencies.

 

The eligibility criteria to obtain the policy are not complicated. However, a brief discussion of the criteria is important to ensure a hassle-free application process. Here are the points you need to consider while obtaining the insurance policy:

• Any UAE resident is eligible to purchase the insurance providing that they can produce all documents of their citizenship and other personal details during the identification and verification process.
• The policyholder needs to be 18 years of age to obtain individual health insurance.
• The eligibility to obtain health insurance also includes a maximum age limit and monthly salary amount for many insurers.

Besides these criteria, some other conditions can also be applied by certain insurance companies. So, discussing with a reliable insurance service provider who understands the details well is recommended.

What Does Individual Health Insurance Cover

Often, details of individual health insurance coverage create confusion. Here is what the insurance covers:

Outpatient medical care:

The costs of diagnosis tests, consultation with doctors and other healthcare professionals, prescription medications, etc., are covered by individual health insurance.

Inpatient medical care:

If the policyholder or any of the beneficiaries of the policy gets hospitalized, the hospitalization costs are paid by the insurance policy. In some cases, room rents for caregivers during the hospitalization of the patient come under the coverage. Additionally, individual health insurance policies cover pre and post-hospitalization expenses.

Preventive care:

Many insurance companies provide coverage for annual health check-ups, regular tests, vaccinations, and other preventive healthcare measures so that the occurrence of major health issues can be avoided to some extent.

Along with these coverages, many insurers allow you to opt for add-ons, which include dental check-ups and surgery,  cataract surgery, cosmetic surgeries, and so on. Depending on your requirements, you can customize your policy accordingly.

How to Buy Individual Health Insurance in UAE

As an individual policyholder, you can purchase separate individual health insurance for each of your family members or buy one policy including all loved ones as beneficiaries. Business owners can obtain insurance for each of their valued employees. Anyways, here is the procedure for buying individual health insurance in UAE:

Firstly, look around among diverse insurance companies and find leading insurers with the guidance of a trusted insurance service provider.

Secondly, compare the policy plans from different leading insurance companies and consider which plans can benefit you the most.

Thirdly, once you select a specific individual health insurance policy for yourself, go through the benefits, coverage inclusions, and exclusions in detail.

Fourthly, check out available customization options that can help you modify the policy according to your needs.

Finally, submit your documents, wait for approval, and purchase the individual health insurance that you chose.

By following these simple steps under the supervision of a reliable insurance service provider, you can buy individual health insurance according to your specific needs.

About CoverB

As a reliable UAE-based insurance advisor, CoverB helps to obtain a wide range of insurance policies, including individual health insurance. Anyone can obtain an insurance policy effortlessly with the help of CoverB experts. Besides this policy, CoverB guides people to purchase diverse insurance policies like D&O liability insurance, bankers’ blanket insurance, motor insurance policies, property all-risk insurance, and so on, with customized coverage scopes. With its team of experts, CoverB is everyone’s one-stop destination for all types of insurance needs.

Final Words

According to health insurance law in Dubai, every resident in the UAE should have basic healthcare insurance coverage. An individual health insurance policy can provide basic coverage and thus can ensure a sustainable healthcare system across the United Arab Emirates. If you haven’t obtained it for yourself, your family, or your employees, it’s high time that you thought about it. Get a comprehensive individual health insurance policy and ensure no financial loss, even during medical emergencies.