UAE – Truncated insurance claims
Monday, 09 21 2015, Category: Insurance and Reinsurance, Country: U.A.E
Insurance companies are delaying the settlement of written-off vehicle claims and are negotiating to decrease the due amounts to customers.
Customers and experts confirmed to “Al Roeya” that are large delays from insurance companies in compensating the affected persons of written-off vehicles damaged by accidents.
The lawyer Issam Rabih confirmed that many persons insured at insurers are suing legally those companies at the courts when they are denied compensation for their losses.
Source: Al Roeya