UAE is a booming market for car manufacturers, traders, buyers and insurance providers with over 3 million registered vehicles in the country. Moreover, Article 5 of the Health Insurance Law Dubai requires companies or intermediaries to request a licence to carry out health insurance from the DHA, which is renewable annually. The new regulation brings both civil liability, or third party, cover, and comprehensive loss and damage cover, into the same policy. Mahesh Chittral, customer service officer from Gargash Insurance, said: "The new … Online marketplace for car insurance ServiceMarket.com teamed up with global multi-line insurer Qatar Insurance to explain how these new rules really impact UAE … Vehicle owners can avail motor insurance even for commercial vehicles as well. Motor Vehicle insurance is the most important document for all vehicle owners/drivers. The government wants to develop Dubai as one of the top options for expats and skilled workers from all around the word. The new regulations aim to further protect the lives of road users and reduce traffic casualties from about 6 per 100,000 people to 3 per 100,000 as per Vision 2021. The UAE’s amended federal traffic law came into effect on 1 July 2017. In Dubai, vehicle insurance is compulsory as per the UAE RTA law. Motor insurance is mandatory for all the two-wheeler and four-wheeler vehicles such as cars, bikes, scooters, trucks that are plying on the roads in India. According to a representative from an insurance firm, premiums from across categories will drop anywhere between Dh100 to Dh150. 6 of 2007)). Motor Fleet Insurance Property Insurance ... you can protect yourself as the employer against any claim made by the employee as per Labour Law/Workmen's Compensation Ordinance. Dubai (the Health Insurance Law Dubai) expressly mentions in Article 4 that the law also applies to the free zones, including the DIFC. DWF offer a range of claims and non-claim services to our insurance clients. The UAE Insurance Law applies to the insurance activities of all entities operating in the UAE… The unified regulation will be applied to the active 3 million vehicle insurance policies in the country. In the UAE, compensation is governed by Chapter 8 of Federal Law No. While new UAE car insurance rules have led to increased prices, experts argue that the new rules have also resulted in greater benefits and mandatory coverage. 1980. Any insurer conducting insurance business in the UAE must be licensed by the Insurance Authority (UAE Insurance Law (Federal Law No. New UAE motor insurance rules mean you will get a courtesy car after an accident. Here are a few things you should know about the newly introduced laws and regulations. Ministerial Resolution No. We house a full service insurance team, handling thousands of outsourced motor, casualty, property and professional indemnity claims on an annual basis, whilst also continuing to handle the most high value, complex and often sensitive claims for … We have specialized lawyers in Dubai, Abu Dhabi, Sharjah, and all emirates of UAE. Dubai is a great place to live with many benefits and perks that are not available in most of the world cities. The Insurance Authority has issued a new vehicle insurance tariffs system, which stipulates minimum and maximum premium for motor vehicle insurance. UAE law prohibits non-admitted insurance and applies to all types of insurance businesses. The government is making major changes in car insurance policies and car rental laws in the UAE. When buying car insurance in the United Arab Emirates, the traffic department requires a 13-month insurance certificate each time you register or renew a vehicle registration. United Arab Emirates. Despite the fact that the laws in the UAE have defined the role of insurance brokers, in a recent case which Al Tamimi was not involved but which has come to our notice, the Dubai courts held that an insurance broker in a reinsurance brokerage transaction was liable to pay recoveries due to an insurance company from a … We have the best personal injury lawyers in the UAE, and we are always on your side and fight against the insurance company. 177 of 2017 regarding issuing and renewing a driver’s licence For this, you can expect new laws and regulations to make … Continue reading "Car Insurance is More Consumer Friendly with New Dubai Laws" We fight your case for types of accident claims and at all stages of the disability, even if the person is in coma stage. Pawan Singh / The …

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