Save it for a rainy day?

Save it for a rainy day?

When it comes to Plan B, how do the residents of KSA and the UAE prepare for rainy days ahead with insurance? Kipp’s exclusive findings in conjunction with YouGov Siraj reveal this and much more in this week’s Pulse Populi

September 11, 2011 4:08 by Eva Fernandes

As an expat, you chose to live your life with a considerable amount of uncertainty. And while knowing you are never tied down to one place in particular can be a tad comforting to the more adventurous, it is also disconcerting for those who like to think ahead of time. Especially when it comes to insurance.

From anecdotal experience, Kipp has spotted a trend when it comes to insurance and expats. For the largest part of the expat’s life, he depends on his employer’s coverage for health insurance. And then when he retires or is forced to retire, he ends up paying a much higher premium as per the rate charged for seniors. We wanted to put our hypothesis to the test, and so with the help of our chums at YouGov Siraj we asked residents of KSA and the UAE about their attitudes towards insurance.

The results, unfortunately weren’t too surprising. Most aren’t too ready for that rainy day. Check out our infographic on the subject and tell us what you think.