Qatar - Conflict between motor insurers and beneficiaries
Tuesday, 10 20 2015, Category: Insurance and Reinsurance, Country: Qatar
There are differences in views between Qatari insurance companies and insurance policies’ beneficiaries in the motor sector. Policyholders think that companies are delaying the settlement of their rights and are exploiting the ignorance of a large proportion of them in order to manipulate insurance contract concepts. However, insurers say that these accusations are based on a misunderstanding about the nature of the insurance contract in force.
The complaints about Qatari insurance companies focus on setting excessive percentages to be borne by the insured in the repair costs. Other issues are the non-settlement of due benefits and the abuse of the ignorance of insurance customers in addition to the delays in settling due amounts. They also complain about the method of settling due indemnifications.
Source: Makkah Newspaper