UAE: New flexible health insurance launched for entrepreneurs, investors – News

New policy benefits community members, including expatriates residing in Abu Dhabi who work in the private sector By WebDesk Published: Tu 16 Feb 2023, 8:20 PM Abu Dhabi’s health department, on Thursday, introduced a flexible health insurance option in cooperation with the Abu Dhabi Department of Economic Development (ADDED). The new flexible health insurance policy targets current and future entrepreneurs and investors, while attracting more investments in capital. The policy provides entrepreneurs, investors, and others with an insurance option at a low and competitive cost while flexible insurance holders can upgrade their insurance coverage in agreement with the insurance provider.…

What is a Medical Power of Attorney?

One document that we recommend for almost all of our estate planning clients is a Medical Durable Power of Attorney. This document allows you to select the person who will make medical decisions on your behalf, if you are incapacitated or unable to make them yourself. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). A Medical Durable Power of Attorney is an essential document, as no one can predict their incapacity. This legal document allows you to list medical…

How Can I Preserve Wealth for Future Generations?

Some of our clients are interested in preserving wealth for future generations, and in that instance, we sometimes recommend starting a family bank. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). A family bank is an estate planning tactic to help preserve wealth for generations to come. They can be structured in a variety of ways to meet that family’s needs, however, they are intended to help benefit a group of family members. If our clients give their children…