Buying Life Insurance
Platinum’s solution-driven advisory can help with the right type of life insurance coverage.
Whole life insurance
A whole life insurance policy ensures your dependents are well protected and financially secure for a relatively prolonged period, possibly your entire life. The policy covers you till age 99 and not just for a specific period. The primary benefit of whole life is that a pay-out is guaranteed. The whole of life insurance contract with level premiums has both insurance and a savings component.
Term Insurance is the simplest and most cost-effective way of offering financial security for your dependents for a certain period or a specified “term” of years. As a form of insurance protection, a predetermined sum is paid to the nominated beneficiary upon the demise of the insured person during the period specified in the policy.
Critical illness insurance
Critical illness insurance pays out a lump sum of cash when you are diagnosed with a critical illness such as cancer, tumor, heart attack etc. Because these illnesses often incur greater than average medical costs, the policy help cover those overruns where traditional health insurance may fall short. It buys you peace of mind knowing that if the worst happens.
An endowment plan, also known as money-back policy provides life coverage along with an opportunity to save regularly over a specific period. The insured receives a lump-sum amount on the maturity of the policy to fulfil various financial needs like funding children’s education, children’s marriage, saving for retirement and more. Endowment plans are risk-free investments that allow you to save whilst guaranteeing a full sum maturity benefit.
Keyman Insurance is a form of life insurance taken out by a business to compensate for financial losses that would arise from sudden death or injury of important (key) persons who own or run it. Loss of human assets through death or serious illness can significantly affect the profitability, stability, and progress of the company with huge disruptive and monetary consequences.
This is also extended to cover the business in case the key person is no longer be able to work due to critical illness or disability.
Why choose us?
InsurancePolicy.ae is a platform provided by Platinum Insurance Broker LLC, a trusted insurance broker in the UAE
offering a comprehensive range of insurance packages for cars, health, travel and general insurance.
What do our Customers say about us
“It was really amazing experience to take a term insurance policy during the March 2020 lockdown phase. The service was very prompt and individualized, and they reverted with just the exact coverage I needed. I felt very well taken care of and will return in the future for additional insurance needs.”
Mr. Sachin Kamat
“I wanted to extend my gratitude to Platinum for their tremendous help. Earlier, I had requested quotes from multiple websites and the process seemed daunting—until I finally contacted them. They simplified the insurance purchase process and threw clarity on every policy term. They paid attention to my queries and offered guidance to make the best decision for my critical illness situation.”
Mr. Dhiraj Malhotra
“I have worked with Platinum Insurance since inception, almost 40 years now. I have always felt assured and secure in the knowledge that their whole life insurance plan protects the best interest and the well-being of my family!”
Mr. Patrick Coelho
“I recently experienced my husband passing away suddenly through an accident. Whilst grieving a loss, my claim for insurance had complexities attached to it. Platinum brokers pitched to help me complete the legal and documentation formalities. Their agents were very approachable, professional and the process made me realize their value as an Insurance Broker. I am so glad that their continued care...
Mrs. Sarika D’souza
“I am extremely pleased that my life insurance policy has been put into effect in the fastest and simplest way possible. I would really like to thank the PIB team for their reliable and quick response always. I gladly recommend them to my relatives and friends.”