Motor Insurance deals with the insurance of road vehicles. Motor Insurance has become an important aspect of everyday life.
In today’s human activities there is tremendous risk to people and property.
With the uncertainty in individual driving styles, habits and carelessness, traffic accidents do happen without any warning in spite of all the precautions taken by the drivers.
Insuring your vehicle could ease the tension of bearing the consequences of any traffic accident. These considerations have urged legislators to enforce Motor Insurance to be mandatory. According to United Arab Emirates Federal Law No. (21) of 1995, Motor Insurance against Third Party Liability is compulsory for obtaining Motor Vehicle Registration.
Our Motor policy satisfies the legal requirement for motor insurance in the U.A.E.
There are basically two types of covers available under Motor Insurance:
Loss, Damage and Third Party (Comprehensive)
- Own damage to the vehicle up to the declared value, less deductions in accordance with the terms and conditions of Section (1) of the policy.
- Death and/or Bodily injury to any third party is unlimited (but sum awarded by court whatever it may be). – Damage to third Party Property up to the agreed amount
Third Party Liability (TPL)
- Death and/or Bodily injury to any third party is unlimited (but sum awarded by court whatever it may be).
- Damage to Third Party Property up to the agreed amount.