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Do you trust your insurer ?

Strongly agree
Agree
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Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
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Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
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VIDEO – Cashy founder on UAE Saves Week

Nima Abu-Wardeh talks about the importance of managing finances, the temptations that stand in the way of saving and the long-term options that money can provide.

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September 24, 2013 5:50 by



There is an absence of a savings culture in the UAE. There are countless studies, polls and in-depth surveys revealing that the majority of residents in the country are not nearly as financially prepared as they ought to be.

A recent survey by research firm YouGov reveals that nearly 50 per cent of residents don’t have a savings plan, with 57 per cent of respondents saying they have a long way to go before becoming debt-free.

The good news is that, according to the same survey, 55 per cent of them are ready to make lifestyle changes. The willingness to embrace healthy saving habits is also reflected in the community response to Cashy’s annual ‘UAE Saves Week’ initiative.

The campaign, which is the brainchild of BBC World journalist and founder of personal finance website Cashy, Nima Abu-Wardeh, began on September 22 and will run until September 28. The initiative challenges residents to undertake simple pledges on each day of the week and share their experiences through social media.

‘Savings Sunday’, ‘Pack Your Lunch Monday’, ‘Green Tuesday’, ‘Wise Up Wednesday’, ‘G.O.O.D (Get Out of Debt) Thursday’, ‘Frugal Friday’ and ‘Stick With It Saturday’ are the daily themes running this week.



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VIDEO – Cashy founder on UAE Saves Week

Nima Abu-Wardeh talks about the importance of managing finances, the temptations that stand in the way of saving and the long-term options that money can provide.

September 24, 2013 5:50 by
 

The Middle East’s speediest car-buying service launches

SellAnyCar.com founder guarantees to buy your car within 30 minutes.

September 19, 2013 2:35 by
 

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September 17, 2013 10:03 by
 

Video: Ahmed Bin Sulayem talks about JLT community

Executive chairman of DMCC, Ahmed Bin Sulayem, talks about the Jumeirah Lake Towers community, the construction of a new mosque,…

July 26, 2013 12:06 by
 

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