Dubai insurers could soon introduce special Golden Visa-linked health insurance: sources

Dubai insurers could soon introduce special Golden Visa-linked health insurance: sources

Dubai: Some of the leading Dubai-based insurers could soon introduce medical insurance packages specifically tailored to Golden Visa holders and their dependents. Some pre-testing has been done by a couple of these insurers to gain feedback from potential clients and healthcare providers. These insurers are also waiting to take their cues from the way Abu Dhabi’s health insurer is handling its own dedicated Golden Visa medical package. “There will be first-to-market advantages for those insurers who can launch these Golden Visa packages – but they will have to show these are different from the typical health insurance policies in the market,” said an insurance industry source. In the next few months, the rush for Golden Visas will begin anew, as word of the initiative reaches more potential investors/residents planning to base themselves in the UAE. Health insurance is mandatory for all visa issuance/renewals in the UAE. As of now, more than 65,000 Golden Visas have been issued, and in the next few weeks those property owners who have assets of Dh2 million and more too will be eligible for these visas. And they will need supporting medical insurance too... “A basic health insurance plan is good only for those who