Motor Insurance deals with the insurance of road vehicles. Motor Insurance has become an important aspect of everyday life. In today's human activities there is tremendous risk to people and property. With the uncertainty in individual driving styles, habits and carelessness, traffic accidents do happen without any warning inspite of all the precautions taken by the drivers. Insuring your vehicle could ease the tension of bearing the consequences of any traffic accident. These considerations have urged legislators to enforce Motor Insurance to be mandatory. According to United Arab Emirates Federal Law No. (21) of 1995, Motor Insurance against Third Party Liability is compulsory for obtaining Motor Vehicle Registration.
Our Motor policy satisfies the legal requirement for motor insurance in the U.A.E.
There are basically two types of covers available under Al Sagr National Insurance Company's Motor Insurance:
1. Loss, Damage and Third Party (Comprehensive).
- Own damage to the vehicle upto the declared value, less deduction in accordance with the terms and conditions of Section (1) of the policy.
- Death and/or Bodily injury to any third party is unlimited (but sum awarded by court whatever it may be).
- Damage to Third Party Property upto the agreed amount.
2. Third Party Liability (TPL)
- Death and/or Bodily injury to any third party is unlimited (but sum awarded by court whatever it may be).
- Damage to Third Party Property upto the agreed amount.
Geographical Area for insurance cover is United Arab Emirates
Upon the request of the Insured, the company, by way of additional endorsement attached to the policy and within the limits of its provisions and conditions, may extend the Geographical Area to include other countries, and/or provide Personal Accident cover for the insured and his family/employees working for the insured against accident that may occur to any one of them while using/in the motor vehicle.
Address | Al Sagr National Insurance Company HEAD OFFICE – DUBAI , Dubai City, Dubai 14614, United Arab Emirates |
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asnic@alsagrins.ae |