Why you need to prioritise family protection ...United Arab Emirates

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Why you need to prioritise family protection
Covid-19 has not only upended people’s lives but also laid bare the cracks in their financial preparedness to tackle unexpected events. Although most people consider financial security and family welfare top priorities, the pandemic has revealed that they haven’t backed that with appropriate action to ensure protection from unforeseen circumstances. Research from MetLife showed that 84 per cent of the 2,000 UAE residents surveyed believed they would not be able to maintain their standard of living for more than two months in the event of an income loss. Only less than half (41 per cent) had savings or assets to sustain themselves. Despite that, a majority still felt optimistic about their f

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