As the number of golden visa holders in the United Arab Emirates increases daily, Insurance packages are being introduced to appeal to the wealthy.
According to National Health Insurance Company (Daman), a leading health Insurance Company in the UAE, Golden Visa holders starts at just $2,393 and cover up to $3,00,000.
Data available on the company’s website showed Enhanced Gold package starts from Dh4,985 with annual coverage of Dh2.5 million while the Premier package starts from Dh39,857 per year which provides a coverage limit of Dh20 million to the Golden Visa holders in the UAE.
The package also provides 180-day coverage outside the UAE during holidays or business trips.
More than 65,000 businessmen, professionals, students, and investors have received the Golden Visa in Dubai.
In March 2022, the Abu Dhabi Residents Office (Adro) signed a deal with health insurance firms to provide exclusive benefits for holders of the Golden Visa in the UAE Capital.
Under the agreement, Golden Visa holders will enjoy reduced premiums on annual health insurance plans for families and individuals, with diverse network coverage and a bundle of benefits inside and outside the UAE.
In October, the Department of Health – Abu Dhabi (DoH) updated the health insurance requirements for Golden Visa applicants to make the application process easier for all those applying from inside and outside of the country.
Health Insurance and Golden Visa Insurance have been divided into two main categories. The first category is dedicated to employees working in Abu Dhabi, whose employers bears still have to bear health Insurance. The second category includes self-employed people who take out health Insurance for themselves and their dependents while ensuring the effectiveness of their health insurance in the United Arab Emirates.
