Insure Now, Pay Later in UAE: Pay in 6 Monthly Installments (0% Intere...
Insure Now, Pay Later in UAE: Pay in 6 Monthly Installments (0% Interest)
04/03/2026
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Insure Now, Pay Later in UAE: Pay in 6 Monthly Installments (0% Interest)
Insurance Installment UAE
Insure Now, Pay Later in UAE: Pay Insurance in 6 Easy Monthly Installments (0% Interest)
By eSanad Insurance Team • Updated:
Paying the full insurance premium upfront can sometimes feel heavy on your monthly budget. That’s why “Insure Now, Pay Later” payment options are becoming increasingly popular across the UAE.
With eligible installment programs, customers may be able to activate insurance coverage immediately while spreading the premium into monthly payments. Through the Ubey Credit Card issued by Mawarid Finance PJSC, eligible customers can pay their insurance premium in six equal monthly installments at 0% interest, subject to approval and eligibility.
This option can help customers manage insurance payments more comfortably while keeping the same policy coverage and benefits.
In the UAE, most insurance policies are issued as a 12-month contract. This applies to motor insurance, health insurance, and many other insurance products purchased by individuals, families, or businesses.
Although the policy is issued annually, some customers may have the option to pay the premium through monthly installments using approved credit cards or financing programs.
Even when installments are used, the insurance coverage remains valid for the full 12-month policy period. The installment plan simply spreads the premium payment over several months rather than requiring the entire amount upfront.
Policy Duration: Typically 12 months.
Employer Policies: Often arranged and paid annually by the employer.
Individual Policies: Premiums are usually paid upfront but may qualify for installment options.
Important: Installments only change how the premium is paid, not the policy coverage or duration.
Note: Installment plans are subject to credit approval and eligibility determined by the financing provider. Insurance coverage, pricing, and policy terms remain determined by the issuing insurer.
Can You Pay Insurance in Monthly Installments?
Yes, in certain cases customers in the UAE may be able to pay their insurance premium through monthly installments. While most insurance policies are issued annually, installment payment options allow eligible customers to spread the premium cost over several months.
These payment options are usually provided through approved financing partners or credit card installment programs. The insurance policy itself remains a standard 12-month contract, but the premium can be divided into structured monthly payments.
Coverage Duration: Insurance protection still applies for the full 12 months.
Payment Structure: Premium may be split into several monthly installments.
Eligibility: Installment approval depends on the financing provider.
Policy Activation: Insurance coverage begins once payment authorization is completed.
Note: Installment options depend on approval by the financing provider. Insurance policy terms, coverage, and pricing remain determined by the issuing insurer.
Eligibility & Installment Conditions Explained
Not every insurance purchase automatically qualifies for installment payments. Eligibility is typically determined by the financial institution or credit provider offering the installment program.
When applying for an installment payment option, several factors may be considered during the approval process.
Approved Credit Card: Some installment programs require a supported credit card.
Credit Assessment: The financing provider reviews eligibility before approving installments.
Minimum Premium Amount: Some payment plans require a minimum policy premium.
Repayment Schedule: Installments follow the financing provider’s payment agreement.
Note: Credit approval, repayment terms, and installment schedules are determined by the financing provider and may vary depending on eligibility.
What Happens If an Insurance Installment Payment Fails?
If an installment payment is missed or fails to process, the situation is usually handled according to the terms set by the financing provider.
Since the insurance policy is issued as an annual contract, the installment repayment agreement typically remains between the customer and the payment provider.
Late Payment Fees: Some financing providers may apply late payment charges.
Payment Agreement: Repayment conditions follow the credit provider’s cardholder terms.
Insurance Coverage: Policy coverage continues according to the insurer’s policy terms.
Repayment Responsibility: Customers remain responsible for completing the installment agreement.
Note: Payment terms, late fees, and installment conditions are determined by the financing provider and governed by the cardholder agreement.
How to Compare & Activate Insurance Online
Comparing insurance plans online allows customers to review policy coverage, pricing, and benefits before selecting the option that best suits their needs.
Once a plan is selected, the application process can usually be completed online. If an installment payment option is available and approved, the premium may be divided into scheduled payments.
Compare Plans: Review multiple insurance providers and coverage options.
Select Coverage: Choose the policy that fits your needs.
Apply Online: Submit the required information digitally.
Activate Policy: Coverage begins once payment authorization is completed.
Note: Insurance policies are issued by licensed insurers in the UAE and remain subject to underwriting criteria, policy terms, conditions, and exclusions.
FAQ
Can you pay insurance monthly in the UAE?
In some cases, yes. Insurance policies in the UAE are typically issued for a 12-month period, but eligible customers may be able to pay the premium in installments through approved credit card or financing programs, subject to approval and eligibility.
Is insurance in UAE monthly or yearly?
Most insurance policies in the UAE are issued as a 12-month contract. When people refer to “monthly insurance,” they are usually referring to installment payment options rather than the coverage duration.
Are 0% interest insurance installment plans available?
Some installment programs may offer 0% interest options for eligible customers. Availability depends on the financing provider’s terms, card type, eligibility assessment, and any applicable minimum premium requirements.
Who is eligible for insurance installment payment plans?
Eligibility depends on the financing provider. Requirements may include holding an approved credit card or being approved for one, meeting credit criteria, and having sufficient credit limits for the installment plan.
Does paying insurance monthly change my coverage?
No. Installment payments usually affect only how the premium is paid. The policy benefits, coverage terms, exclusions, underwriting, and the 12-month policy duration remain determined by the insurer.
What happens if an installment payment is missed?
Missed payments are handled according to the financing provider’s cardholder or installment agreement and may result in late fees or changes to the payment plan. Insurance coverage remains governed by the insurer’s policy terms.
Can employers pay insurance premiums monthly?
Employer-sponsored insurance is commonly arranged and paid by the employer according to company policy. Installment payment options are more commonly used for individual policies purchased privately.
How can I activate insurance online with installment payments?
Customers can compare available insurance plans, choose their preferred policy, and select an eligible installment payment option if available. Once payment authorization is completed, the insurer issues the policy and confirmation is provided digitally.
What is eSanad’s role in insurance installment plans?
eSanad supports insurance comparison and facilitates policy issuance through licensed insurers. Installment approvals, eligibility checks, repayment schedules, and financing conditions are managed by the financing provider and subject to its terms.
Disclaimer about installment plans and responsibility
Installment payment facilities are subject to approval, eligibility criteria, and applicable financing provider terms. eSanad operates as a licensed insurance intermediary and does not provide financing services or control financing approvals or repayment obligations.
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Editorial note: This article is for general information and does not constitute legal or financial advice. Always consult licensed insurance providers or UAE traffic authorities for the most current policy terms and compliance requirements.
Disclaimer: eSanad strives to provide accurate and up-to-date information; however, we are not liable for any discrepancies or changes in official insurance regulations. Always verify coverage details directly with your insurance provider and relevant authorities.
