Yallacompare, Dubai-based comparison platform announce that it’s launching a new product called Smart Term Life Insurance, that offers up to AED 1 million in life insurance starting at AED 3 per day.
According to a statement made by the company, the product can be purchased in just five minutes without medical tests or complex questionnaires.
Jon Richards, CEO of
The company mentions that their 10-year policy ranks amongst the most affordable within the market, as their premiums are unchanged throughout the lifetime of the policy, and customers can pay them annually in advance.
The statement also mentions that the amounts payable under the insurance policy are clear and transparent to avoid any disputes between the insurer and the dependants of the deceased.
Jon Richards stated that the Smart Term Life Insurance is a pretty straightforward product that people should consider purchasing. “In the unfortunate event of a policy holder’s demise, their family is guaranteed a financial cushion at a difficult time in their lives,” he said.
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