Ajman Free offers an insurance umbrella for its workers in lieu of bank guarantee

Ajman Free Zone has signed a Memorandum of Understanding (MoU) with Dubai Insurance Company (DIFC) to extend the employment of the Zone with an insurance umbrella that will replace the current bank guarantee for expatriate workers to cover labor benefits.


Ajman Free Zone has signed a Memorandum of Understanding (MoU) with Dubai Insurance Company to extend the employment of the Zone with an insurance umbrella that will replace the current bank guarantee for expatriate workers to cover labor benefits.

Coverage includes: end-of-service benefits, annual leave allowance, unpaid salaries, and economy class return ticket to the home of the worker.

According to the Memorandum of Understanding signed by the Director General of Ajman Free Zone, Fatima Salem, and the Chief Operating Officer of Dubai Insurance Company, Mohammed Tahseen Al Ali, Dubai Insurance will issue insurance certificates to workers in accordance with the conditions set out in the policy.

ref: emara

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