Remember the good old days when you lived under the tyrannical (or so your teenage mind thought) rule of your parents? I have fond memories of screaming until I was blue in the face, so angry at my mum and dad for the most minor of disagreements. Slamming doors in perturbed faces, producing a never ending stream of tears and silent huffs that lasted for days - I've done them all.
Be it for the unsuitability of my clothes ("no daughter of mine is going out dressed like that") to the amount of time I spent outside my family abode ("you treat this house like a hotel") no issue was left untouched. But there were ways to escape the drudgery of my confines. Yes, my journeys to freedom may have been more EastEnders than The Great Escape, but they were fun nonetheless. Opening my very creaky front door in perfect unison with my dad's snoring, his sleep apnea did wonders for my secret social life. It may have driven my mum absolutely insane, but don't underestimate the opportunities that can arise from having a father who snores so loudly you can hear him outside (and that was with double-glazing). But my life of subterfuge didn't last long. Shortly after discovering my adeptness at evading my parents, I found myself moving into a place of my own.
With no rules, and no one to answer to but myself, I had the world at my fingertips. I could go out whenever I wanted, I could see whoever I wanted and I could stay up as late as I wanted. But with the weight of such numerous social responsibilities on my shoulders, there was only one thing I really wanted to do. And that was stay in. I took to slumping on my irresistibly comfy sofa, glued to the deluge of inane drivel pouring out of my television screen, only able to prise myself out of my stupor every few nights or so. Sure, I went out and saw my friends regulalrly. But I never fully realised quite how much I enjoyed the freedom of doing nothing until I had to move back in with my parents earlier this year, after moving to Abu Dhabi for work.
It may have taken years to rid myself of the teen angst that fuelled so many of our family fights, but one disapproving look from my father at one of my more recent outfits was enough to bring my 16-year-old self flooding back. Back are the ridiculously long spells of silent treatment, as are the tears at not being let out past my bedtime. But I can console myself with one thing at least. My dad still snores.
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Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
The Library: A Catalogue of Wonders
Stuart Kells, Counterpoint Press
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.9-litre twin-turbo V8
Power: 620hp from 5,750-7,500rpm
Torque: 760Nm from 3,000-5,750rpm
Transmission: Eight-speed dual-clutch auto
On sale: Now
Price: From Dh1.05 million ($286,000)
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
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BUNDESLIGA FIXTURES
Friday (All UAE kick-off times)
Borussia Dortmund v Eintracht Frankfurt (11.30pm)
Saturday
Union Berlin v Bayer Leverkusen (6.30pm)
FA Augsburg v SC Freiburg (6.30pm)
RB Leipzig v Werder Bremen (6.30pm)
SC Paderborn v Hertha Berlin (6.30pm)
Hoffenheim v Wolfsburg (6.30pm)
Fortuna Dusseldorf v Borussia Monchengladbach (9.30pm)
Sunday
Cologne v Bayern Munich (6.30pm)
Mainz v FC Schalke (9pm)
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
WandaVision
Starring: Elizabeth Olsen, Paul Bettany
Directed by: Matt Shakman
Rating: Four stars
Company%20profile
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What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.