Financial Planning in Dubai

The 5 Best Term Life Insurance Plans in UAE for 2025

Written by Damodhar Mata | 22-Oct-2025 13:37:53

Life is unpredictable, but your family’s financial future doesn’t have to be.

As a financial advisor who has helped over 350+ families in the UAE  protect and grow their wealth, I’ve seen first-hand how the right term life insurance can turn uncertainty into financial security.

In this guide, I’ll break down the five best term life insurance plans in the UAE for 2025, their unique features, and how to choose the right one for your family and goals.

👉 Use the Life Insurance Calculator to estimate your ideal cover before you compare plans

What Is Term Life Insurance and How Does It Work?

Term life insurance is a pure protection plan. It pays a lump sum to your family if you pass away during the policy term. It’s not an investment plan and doesn’t have a maturity or surrender value.

  • Purpose: Protect your family’s financial future

  • Coverage: For a fixed number of years

  • Premiums: Low and predictable

  • Payout: Lump-sum benefit in case of death during the term

Simply put, it’s an affordable way to transfer financial risk from your family to an insurance company.

Why Buy Term Life Insurance in the UAE?

For UAE residents and expats, term life insurance is one of the smartest financial decisions you can make.

Here’s why:

  • Global Coverage – You stay protected even if you move abroad

  • 💸 High Cover, Low Premium – $20/month can secure over $100,000 of cover

  • 🛡️ Flexible Riders – Add critical illness, accidental death, or disability cover

  • 💱 Multi-Currency Options – AED, USD, GBP, or EUR

  • 💰 Tax-Free Payouts – 100% tax-free benefits for your beneficiaries

  • ⚙️ Easy Application – Quick medicals and seamless onboarding

Term life insurance perfectly complements your financial plan for retirement, child education, or long-term wealth building.

 Quick Comparison: Top 5 Term Life Insurance Plans in UAE (2025)

Plan

Provider Riders Unique Feature
ITA Zurich International Life CI, PTD, Waiver Global coverage up to age 80. Seamless Digital platform 
Live Life MetLife UAE CI, Forever Plan Lower Premium for certain age groups
IPME Friends Provident International Life + CI combo Free Best Doctors® second opinion
Lifeguard Sukoon (Oman Insurance) AD, CI, Waiver Same premium for smokers & nonsmokers
Hemaya Plus Salama AD, Family Income, CI Shariah-compliant, covers up to 100

(CI = Critical Illness, AD = Accidental Death, PTD = Permanent Total Disability)

🏅 Best Term Life Insurance Plans in UAE – Detailed Review (2025)

🥇 1. Zurich International Life – International Term Assurance (ITA)

Best for: Global coverage, strong financial strength, Seamless digital platform and quick claims

Key Benefits:

  • Cover up to age 80

  • 34 critical illness conditions covered

  • Simple online application with home medical tests

  • Option for life or critical illness cover

  • Contingent beneficiary feature

  • Fast and Efficient Claim Process. Click here to view the latest 2024 claims report

Limitations:

  • Maximum 35-year term

  • Limited rider options (no partial disability rider)

  • Only Annual and Monthly premium payment option

Advisor’s Insight:

Ideal for non smokers and young people. Smoker rate can be relatively high. 

📎 Learn more about Zurich Term Insurance →

🥈 2. MetLife – Live Life Term Plan

Best for: Disability income and flexible premium options

Key Benefits:

  • Level or decreasing cover options

  • Unique Forever Plan rider — monthly income for life in case of total disability

  • Free second medical opinion and medical discount card

  • Multiple premium payment options (single, limited, regular)

Limitations:

  • Passive War risk to be added as a rider 

  • Max cover age: 85 years

Advisor’s Insight:

Ideal for residents seeking a wide range of riders to enhance the scope of the policy. 

🥉 3. Friends Provident International – International Protector Middle East (IPME)

Best for: Flexible cover options and affordability

Key Benefits:

  • Choose between life only, CI only, or combined cover

  • Premiums start at just $17.50/month

  • Access to Best Doctors® second opinion service

  • Limited or regular pay options

 

Limitations:

  • Paper based application

Advisor’s Insight:

Ideal for British and European expats.

🧩 4. Sukoon (Oman Insurance) – Lifeguard

Best for: Lower cost and simple coverage

Key Benefits:

  • Covers ages 1–80

  • No premium differentiation between smokers and non-smokers

  • Riders: AD, PTD, 40 critical illnesses, hospital indemnity, waiver of premium

  • Single premium option also available 

Limitations:

  • Paper based application

Advisor’s Insight: : 

Great for residents who want affordable protection from a trusted local insurer.

🕌 5. Salama – Hemaya Plus (Family Takaful Term Plan)

Best for: Shariah-compliant family protection

Key Benefits:

  • Cover up to age 100

  • Family income benefit option

  • Multiple payment modes (monthly to annual)

  • Includes critical illness and accidental cover

Limitations:

  • Critical Illness insurance restricted to 50% of life coer

  • Paper based application

Advisor’s Insight:

Perfect for Muslim families seeking ethical, Takaful-based protection with global scope.

📎 Learn more about Hemaya Plus from Salama →

🌐 Best Term Insurance for NRIs in the UAE

NRIs often wonder whether to buy term insurance from India or the UAE.
Here’s a quick comparison:

Factor India-Based Term Plan UAE-Based Term Plan
Currency Risk Linked to INR depreciation Stable USD/AED value
Claims Longer processing times Faster claim settlement
Critical Illness Cover Often limited Wider global coverage
Taxes GST applicable No GST or income tax
Repatriation Complex Seamless, global payout
Medical Process Lengthy Quick and local

Advisor’s Insight:

For long-term NRI, a locally-issued international plan ensures better claim support, flexible payment modes, and global validity.

⚙️ How to Choose the Right Term Life Insurance Plan in UAE

Before buying a policy, consider these factors:

Coverage Amount: Aim for 10–15× your annual income
Policy Term: Choose coverage till your expected retirement age + 5 years cushion.
Riders: Add critical illness or disability riders
Premiums: Lock in rates early — they rise with age
Currency: Match your income or dependents’ currency
Reviews: Check the insurer’s claim settlement ratio

The following table shows the premiums payable on a Million Dollar life cover over different ages of a non-smoking resident in UAE;

📎 Use the Life Insurance Calculator → to determine your ideal coverage amount.

Why Work With an Independent Financial Advisor?

As an independent financial advisor in Dubai with 13+ years of experience, I provide unbiased guidance to help you choose the most suitable plan — not just the one with the lowest premium.

Here’s how I can help:

  • Build a holistic financial plan around your protection goals

  • Compare multiple insurers and products

  • Personalize coverage with riders

  • Simplify applications and claims

  • Review and update your plan as life changes

📞 Book Your Free Consultation →

Final Thoughts – Protect Today, Secure Tomorrow

You work hard for your family — don’t leave their security to chance.

The best term insurance plan isn’t the cheapest; it’s the one that ensures your loved ones never have to compromise their dreams, even if life takes an unexpected turn.

💬 Start today. Compare your options. Book your free consultation now →

FAQs for Term Life Insurance in UAE

📞 Book Your Free Consultation →