46 per cent of UAE residents had said that life insurance has become all the more important after the Covid-19 pandemic.
Life insurance has now become the top financial priority for almost half of the residents in the UAE in the wake of the Covid-19 outbreak, a study has confirmed.
The findings of the study have added relevance as the landmark life insurance rules and regulations issued by the Insurance Authority in 2019 in the UAE, where the penetration rate is less than one per cent as per the last available data from the year 2018.
A survey of 1,000 residents in the UAE, was the base of this study and was commissioned by Zurich International Life Limited.