The unified comprehensive motor insurance contract will soon enter into force in Bahrain.
Developed jointly by Bahrain Insurance Association and Central Bank of Bahrain, (the industry representative and the insurance regulator) the policy allows to unify the conditions, claims procedures, annual depreciation percentages for spare parts, deductibles, and vehicle valuation.
Read also | Bahrain insurance market in 2018 [4]
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[3] https://www.atlas-mag.net/en/issue/insurtech-the-insurance-of-the-future
[4] https://www.atlas-mag.net/en/article/growth-of-the-bahrain-insurance-market-by-6-in-2018