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Top National Life and General Insurance Policies to Consider

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National Life and General Insurance

Introduction

Embarking on the journey of financial security and well-being, National Life and General Insurance Co SAOG (NLG) stands as a trusted player in the insurance field since its start in 1995. As a major health insurance provider in the UAE, NLG has achieved a Gross Written Premium of around AED 1.4 Billion in the fiscal year 2021.

NLGIC is recognized as a leader in the Corporate Medical Insurance Industry across the UAE, Oman, and Kuwait markets. The company focuses on understanding the unique needs of its clients, offering tailored solutions and maintaining a Customer First approach. NLGIC believes in the principle that ‘Customer service is an Attitude and not a Department.’

At the core of NLG’s operations are user-friendly policy administration and claims management services. The company has partnered with major third-party administrators in the UAE to ensure flexibility in meeting the diverse needs of its clients. National Life and General Insurance is led by an experienced management team and a dedicated workforce committed to delivering the best to insured members.

Looking ahead, National Life and General Insurance aims to expand its reach to other Middle East and Asian countries, ushering in a new era of accessible insurance solutions and financial well-being.

Features and benefits of National Life and General Insurance company saog

  1. Accidental Death Benefit: National Life and General Insurance provides financial security to policyholders and their families by offering an Accidental Death Benefit. In the unfortunate event of an accidental demise, the policy ensures a lump sum payout to the beneficiaries, offering a safety net during challenging times.
  2. Permanent Total and Partial Disability: NLG’s insurance policies encompass coverage for both permanent total and partial disability. In cases where an accident leads to a disability, the policyholder receives support to cover medical expenses and maintain financial stability during the recovery period.
  3. Temporary Total Disability: Recognizing the challenges posed by temporary disabilities resulting from accidents, NLG extends coverage for such situations. This feature ensures that policyholders receive financial assistance to cope with medical bills and daily expenses while recovering.
  4. Accidental Medical Expenses: National Life and General Insurance prioritizes the well-being of its policyholders by offering coverage for accidental medical expenses. This includes hospitalization costs, medical treatments, and related expenditures incurred due to unforeseen accidents.
  5. Repatriation Expenses: National Life and General Insurance understands the importance of being close to family and home, even during challenging times. In the event of an unfortunate incident leading to the insured person’s demise, NLG covers the repatriation expenses, facilitating the return of mortal remains to the home country.
  6. Critical Illness: NLG’s insurance policies provide coverage for critical illnesses, offering financial support when policyholders face severe health conditions. This feature ensures that individuals can focus on their recovery without the added burden of exorbitant medical expenses.

NLG Insurance

Types of National Life and General Insurance

Term Life Insurance

Term Life Insurance is a highly beneficial and cost-effective plan that offers extensive financial protection to your family in the unfortunate event of your unexpected passing. In situations where the unexpected occurs, leaving your loved ones grieving, the financial strain resulting from the loss of your income can increase the challenges they face. Term life insurance acts as a crucial safety net, addressing your family’s immediate living expenses and securing their future financial aspirations even when you are no longer there to provide for them. The unpredictable nature of life underscores the significance of having a term life insurance cover, making it a necessary component of a comprehensive financial strategy.

This insurance plan operates on the principle of providing coverage for a specific term or duration, offering a straightforward and affordable approach to ensuring your family’s financial well-being. By opting for term life insurance, individuals can have peace of mind knowing that their loved ones will have the necessary financial support to maintain their lifestyle and pursue future goals, regardless of unforeseen circumstances. The simplicity and effectiveness of term life insurance make it a prudent choice for those seeking a reliable means to protect their family’s financial security in times of adversity.

Who are eligible to buy our Term Life Insurance Plan?
Customer CategoryMinimum Age at EntryMaximum Age at Entry
Individual Customers2060
Financial Coverage:
Sum AssuredMinimumMaximum
Death Benefit(DAC)AED 350,000AED 1,800,000
Terminal Illness(TI) Sum assuredAED 350,000100% of DAC SA
Critical Illness(CI) Sum assured (if opted)10% of DAC SA50% of DAC SA
Accidental Total permanent
Total Disability (ATPD) -Waiver of premium (if
opted)
Equal to outstanding premium from the date of incident
Group Life Insurance

Group life insurance serves as a valuable tool for organizations to safeguard their employees against life’s uncertainties, offering a cost-effective solution. It is commonly included as part of a comprehensive employee benefits package, providing financial protection to employees at a scale that is typically more economical than individual coverage.

This type of insurance provides employees with a sense of financial security, offering a safety net to replace lost income, cover final expenses, address everyday living costs, and manage long-term obligations in the event of an unfortunate incident. National Life and General Insurance stands out as one of the most reliable group life insurance providers in the UAE, offering plans tailored to meet the evolving needs of employers.

NLG’s group life insurance plans are thoughtfully designed, accommodating changes in the workforce such as the inclusion of new employees and the removal of ex-employees during the policy term. Our approach involves understanding the unique dynamics of your organization, allowing us to offer a customized plan that provides maximum protection to your employees at an affordable cost. National Life and General Insurance Company go beyond standard death cover, providing a diverse range of benefits that can be tailored to meet the specific requirements of your organization.

Why National Life & General Insurance

  • Tailored policies
  • Wide range of covers and benefits
  • Worldwide coverage
  • Easy and worry-free claims settlement
  • 24 x 7 Call Centre to assist you when you need us

Frequently Asked Questions

What types of insurance policies does NLG offer?

NLG offers a wide range of insurance policies, including health insurance, life insurance, and general insurance. These cover various aspects, such as medical expenses, life protection, and property-related risks.

How does NLG determine premium rates for life insurance policies?

Premium rates for life insurance policies are determined based on factors such as age, health condition, coverage amount, and the type of policy. National Life and General Insurance adopts a customer-centric approach to ensure fair and competitive pricing.

Can I customize my group life insurance policy with NLG?

Yes, National Life and General Insurance understands that organizations have unique needs. Group life insurance policies can be customized to fit the specific requirements of your organization, including the addition of new employees or adjustments during the policy term.

What is covered under NLG’s health insurance plans?

NLG’s health insurance plans cover a range of benefits, including accidental death benefits, disability coverage, medical expenses, repatriation expenses, and critical illness coverage. The coverage details may vary based on the specific health insurance plan.

How can I file a claim with NLG?

National Life and General Insurance has a streamlined and transparent claims process. To file a claim, you can reach out to NLG’s claims department through their official website or contact their customer service. The process typically involves submitting necessary documentation to initiate the claim settlement.

Conclusion


In summary, National Life and General Insurance (NLG) is a reliable insurance provider with a strong presence in the UAE since 1995. Known for its customer-focused approach and diverse insurance solutions, NLG ensures financial security for individuals and businesses. With a commitment to excellence, NLG stands out as a trustworthy partner, offering customized plans and exceptional services. Choosing NLG means opting for peace of mind and a secure future.