How to Build a Safety Net: 5 Steps to Financial Security in the UAE with HAYAH Insurance

How to Build a Financial Safety Net With HAYAH Insurance

Living in the UAE offers numerous opportunities, but it also comes with financial uncertainty, particularly for expatriates who often lack access to a government pension or local family support. That’s why having a financial safety net is so important; it protects you from unexpected events like job loss, medical emergencies, or urgent expenses, giving you peace of mind and stability.

HAYAH Insurance makes building that safety net simple and affordable. They offer life and health insurance plans designed to protect you and your loved ones, along with flexible savings options to help you grow your emergency fund or reach future goals. HAYAH also provides retirement solutions tailored for UAE residents, so you can prepare for life after work.

With digital-first services that are easy to manage and plans starting as low as AED 7 per month, HAYAH empowers you to secure your financial future without hassle. You don’t need to be wealthy to feel safe; you just need the right support, and HAYAH is here to help

1. Build a Solid Emergency Fund

Why it matters: Covers sudden expenses like job loss, medical emergencies, or car repairs.

How much: Save at least 3–6 months of your living costs.

How HAYAH can help: Use HAYAH’s Simple Saver or HAYAH’s Smart Saver plans to automate your savings and build discipline over time.

2. Get the Right Insurance (Health & Life)

Health Insurance:

• Required in the UAE.

• HAYAH offers HAYAH’s Health Protect — coverage options from AED 1–2 million, including inpatient, outpatient, maternity, and chronic conditions.

Life Insurance:

• Important if you have dependents or debts.

• HAYAH’s Simple Life plan starts from AED 7/month and doesn’t require a medical exam. It covers death due to natural causes or accidents and can also cover your spouse.

3. Pay Off High-Interest Debt

• Why it matters: Credit card and personal loan interest rates can be over 30%, draining your finances.

• What to do:

  • Focus on paying off credit cards first.

  • Avoid using debt to fund lifestyle expenses.

  • Freeing up cash from repayments lets you invest or save more effectively.

4. Plan for Retirement

Why it matters:

 Expats don’t receive a UAE government pension, and end-of-service benefits often fall short.

How HAYAH helps:

• Choose HAYAH’s Pension Insurance to build retirement savings and ensure future income.

• If you're employed, ask about  HAYAH’s Employee Secure Saver, a voluntary plan with employer matching and Shariah-compliant investment options.

5. Grow Your Wealth with Saving & Investing

Short-term goals:

 Use savings accounts or fixed deposits.

Long-term goals:

• Use HAYAH’s Simple Saver or HAYAH’s Smart Saver to invest in global portfolios managed by BlackRock.

• Start from as little as USD 20/month.

• Track your progress online or via app.

Conclusion

Peace of Mind, Powered by HAYAH

With HAYAH, you get insurance, savings, and retirement planning all in one easy, digital package designed to protect you and your family, no matter what life brings.

No complicated paperwork, no hidden fees, just clear, affordable security you can count on.

Start building your safety net today, and let HAYAH take care of the rest.