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Emirati policyholders will receive a replacement car in case of accident

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Magazine Issue: 
Insurers facing the digital turning point [3]
Magazine date: 
Jul 2016

The Emirati regulators have promulgated a new law governing motor insurance.
According to the terms of this regulation, insurers will have to provide injured policyholders with a replacement vehicle for a period of ten days.

The service may also take the form of a daily remuneration to cover the costs related to the rental of a replacement car. The compensation ceiling is set at 300 AED (81 USD) per day.

This law will take effect as from the year 2017 and will include a bonus system for good drivers.

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Mon, 03/10/2016 - 15:15

Source URL: https://www.atlas-mag.net/en/article/emirati-policyholders-will-receive-a-replacement-car-in-case-of-accident

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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-digital-turning-point
[4] http://www.atlas-mag.net/en/article/increasing-motor-insurance-premiums
[5] http://www.atlas-mag.net/en/article/new-regulations-to-fight-against-uninsured-cars