UAE – Insurance Authority classifies repair garages
Monday, 01 30 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority said that it is currently classifying repair garages and maintenance workshops according to categories in collaboration with the Emirates Authority for Standardization and Metrology, indicating that the third party insurance contract tackled the total loss of the vehicle and enforced compensation within 15 days.
The Insurance Authority said during an awareness workshop tackling the new motor insurance contract held in Dubai yesterday that it is ready to receive comments and proposals concerning the new insurance contract. In detail H.E. Ibrahim Obaid Al Zaabi, Director General of the Insurance Authority said that “the Authority does not mind reviewing the new motor insurance contract in case there are comments in this regard”.
Source: Emarat Al Youm