Generally speaking, health insurance is covered by employers in UAE but if you’re a freelancer or own your own small business it could become a big hassle as there are different providers with different plans and a lot of complications and there’s no proper way to compare them.
The leading financial comparison website of Middle East Compareit4me has just rolled out its latest product that will let you compare and buy health insurance for yourself or employees of your small business, all online. This comes after the startup had secured $2.4 million of investment in September last year taking total investment raised to $5.7 million.
This first automated health-insurance platform of the country has three insurers as of now and will be adding more in the future. Founded by Jon Richards in 2011, they had also launched car insurance comparison tool last year which has been extremely successful and has helped UAE drivers save more than 14.5 million dirhams.
Announcing the launch, startup posted on its official blog:
“Building on the success of the company’s car insurance comparison service – over 1 million quotes served to users in 2016 – compareit4me has adapted its proprietary financial technology (FinTech) to bring UAE users the ability to compare and buy health plans online. The tech behind the platform is immense – we can’t tell you how much work has gone into it.”
You can try the newly launched service here.
Featured Image via RAND Corporation