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Question:

What is the grace period for renewal of health insurance?

Answer

The grace period for renewing health insurance in the UAE is typically 30 days, following which a fine of AED 300 is applicable each month past the renewal date. (as per DHA & DOH regulations) During this period, your policy is considered lapsed, and you do not have insurance coverage. It is essential to renew your policy well before the due date to avoid any disruptions in coverage. If you fail to make the payment within the grace period, your medical insurance will be cancelled, and you will not be able to enjoy coverage benefits in case of health emergencies. Additionally, insurance providers may charge penalties for late payments. Therefore, it is crucial to renew your health insurance on time to ensure continuous coverage and avoid any potential issues.

Related Questions

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Other Sub Categories

  • Coverage Benefits
  • Claims
  • Health Insurance Types
  • Health Insurance Laws
  • Eligibility & Cost
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