Covid-19 among leading risks in Middle East itij.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itij.com Daily Mail and Mail on Sunday newspapers.
Over half in Mideast likely to buy life cover: Zurich
DUBAI, 4 hours, 43 minutes ago More than half of respondents said that due to Covid-19, they were somewhat likely or extremely likely to consider purchasing life or critical illness cover, according to a YouGov survey commissioned by Zurich International Life in the Middle East. Meanwhile, more than 63.3 per cent of respondents aged 18-34 saying they purchased life insurance since the start of the global crisis. Only 22 per cent of respondents felt financially prepared for unfortunate family events. Interestingly, more male respondents (65.56 per cent) felt somewhat/well prepared compared to 56.07 per cent of women who felt the same, according to the survey.
DUBAI, 2 hours, 33 minutes ago People are giving more consideration to insurance cover, especially since the advent of the Covid-19 pandemic, says Zurich International Life in the Middle East (Zurich) in a report. Its 2021 Customer Benefits Paid Report revealed that with Covid-19 the major health story of 2020, the pandemic has had a marked effect on people’s behaviour towards financial protection. In terms of the biggest threats to life, heart attacks and strokes were the biggest risk (43 per cent), followed by cancer (27 per cent), and accidents (10 per cent). Covid-19, while a relatively new illness, was responsible for 5 per cent of all life insurance claims, reveals the report.
Amazon Payment partners with Zurich International Life to launch digital payments in the Middle East ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.
Amazon Payment Services (APS), a payment processing services provider in the Middle East and North Africa (MENA) region with a mission to empower businesses with simple, affordable, and trusted online payment experiences, has partnered with Zurich International Life Limited to offer digital payments for its customers in the Middle East on Zurich’s digital customer onboarding platform ZurichPro.
Zurich International Life Limited (a part of Zurich Insurance Group) is a multiline insurer providing a wide range of life, savings and investment solutions for multinational corporations, mid-sized and large companies, small businesses, and individuals in the Middle East.
Omar Soudodi, managing director of APS, said: “It is a privilege to be part of the digital transformation journey of Zurich International Life Limited, enabling them to become one of the first life insurance companies in the Middle East to launch an end-to-end digital payment and customer onboarding experience.”