Regulatory Alerts2017-01-01
Unified Motor Vehicle Insurance Policy Against Third Party Liability
The UAE Insurance Authority issued this consolidated policy to standardize third-party liability coverage for motor vehicles, defining the obligations of insurers and insured parties. The document mandates that insurance companies compensate injured third parties for bodily injury, death, and property damage, with specific liability limits and repair standards. It further establishes procedures for accident notification, dispute resolution, and the provision of substitute vehicles during repairs.
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