The Insurance Authority said that, according to the amendments approved by the Board of Directors of the Insurance Authority on Resolution No. (30) for the year 2016 and its amendments, regarding the vehicle insurance price tariffs, the company will have to return part of the insurance premiums in relation to the applicable vehicle documents, or a reduction in the insurance premium from the minimum when renewing The insurance policy, taking into account the non-use of vehicles, in implementation of sterilization decisions, in a manner that is appropriate for what is returned from the premium or reduced and the total sterilization period such as the Emirate of Dubai, or the partial specified by a number of hours per day (10 hours), according to what is decided in the rest of the emirates.
Insurance Authority: Reducing or refunding part of the car premiums during the sterilization period
2020-04-23T13:19:13.093Z
The Insurance Authority said that, according to the amendments approved by the Board of Directors of the Insurance Authority on Resolution No. (30) for the year 2016 and its amendments, regarding the vehicle insurance price tariffs, the company will have to return part of the insurance premiums in relation to the applicable vehicle documents, or a reduction in the insurance premium from the minimum
Source: emara