The following phrases and words shall have the meanings assigned to each of them unless the context of the text indicates otherwise:

State: United Arab Emirates.

Law: Federal Law No. (6) of 2007 Concerning the Establishment of the Insurance Authority and the Organization of its Operations and its Amendments.

Executive Regulations: The Executive Regulations of the law and its Amendments.

Authority: Insurance Authority.

Board: The Insurance Authority Board of Directors.

Director General: the Director General of the Insurance Authority.

Company: The insurance company incorporated in the State and the foreign insurance company licensed to operate in the State either through a branch or through the insurance agent, including Takaful insurance companies.

Register: the Register at the Authority of the Points of Sale affiliated to insurance companies.

Insurance Policy: The contract between the Company and the Insured, which includes the rights and obligations of each of them and the rights of the beneficiary and any annex to the contract.

Points of Sale: The body established by the insurance Company in accordance with the provisions of these instructions.