Indian expat lives valued at $9,500
Detail from a notice highlighting construction workers' rights, pictured on the back of a bus on 1 April 2006 in Dubai. (Chris Jackson/Getty Images)Treatment of expatriate Indians toiling in the UAE's construction industry may have been improving recently, but the army of workers are still considered overworked and undervalued.
Now the value of those workers has been calculated at AED35,000 ($9,500) by a life insurance company that is targeting the low paid Indian expat.
A new life insurance product called Overseas Indian Insurance Policy has been launched by The New India Assurance company that will pay out AED35,000 in the event of death by natural causes or due to an accident.
by Rob Corder, Arabian Business ON Line on Thursday, 17 May 2007