UAE – Motor premium cover family members
Saturday, 12 23 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority said that the civil liability motor insurance contract known as “Third Party” stipulates that the injured family members of the insured are covered. Therefore, insurers are not allowed to charge an additional premium to that end since the premium includes this coverage.
Moreover, the Authority confirmed to “Emarat Al Youm” that concerning motor Own Damage and Liability or what is known by “comprehensive motor”, the tariff system of motor insurance i.e. Law No (30) of year 2016, the additional charged premium applies only to the employees of the insured at the rate of AED 30. However, for the driver the premium is AED 120.
Source: Emarat Al Youm