UAE – No discrimination based on driving license
Tuesday, 08 15 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority said that the insurance company is not allowed to decline an insurance application or discriminate among the insured at the level of prices, conditions and benefits if the driving license has been issued for less than one year, indicating also that there are no fees if the insurance contract is terminated.
Moreover, it mentioned to “Emarat Al Youm” that the prices set include all fees, allowances, administrative expenses and commissions under the insurance pricing instructions No (30) of year 2016, clarifying that for sports cars and if the driver is aged less than 25 years, it will be considered a high risk internationally. Therefore, the Authority allowed price increases for this category.
Source: Emarat Al Youm