Entire Section | CBUAE Rulebook

Chapter Seven: General Provisions
1. The Company shall include all details in Schedule (5) of this Policy, and this Schedule shall be part of this Policy.
2. Any lawsuits arising from this Policy may not be filed after the lapse of three years from the date of the accident or the Injured Party and related parties become aware of the damage and the person liable for it.
3. The courts of the State shall be competent to determine any dispute arising in connection with this Policy.

Schedule No. (3)

Short Rate Schedule – Percentages of Recoverable Premium

Policy Validity Period	Recoverable Premium
A period not exceeding one month	80%
A period exceeding one month to the end of the fourth month	70%
A period exceeding four months to the end of the sixth month	50%
A period exceeding six months to the end of the eighth month	30%
A period exceeding eight months	Nil

List of the parts damaged by a traffic accident which must be replaced for new ones without deduction of any depreciation

Glass
Brake master cylinders
Brake wheel cylinders
Brake calipers
Brake cables (conduit type)
Brake hoses
Brake diaphragms
Steering boxes
Steering rakes
Steering ball joints and swivels
Seat belts

"Schedule of Details of the Insured Motor Vehicle in the Insurance Policy against Third Party Liability"

Details of Motor Vehicle
Country of Manufacture	Plate Number	Make, Model and Color	Motor Vehicle Classification	Registration Type	Purpose of use	Manufacturing Year	Tonnage	Number of Passengers with Driver

Engine Number:					Chassis Number:

……………………….. Company declares that the Motor Vehicle detailed above inthis Schedule is insured with it according to the provisions of this Policy.

Issued By: Issuance Date:

Policy Number:

The term of insurance begins at …………. on …/…/….., and expires at …………. on …/…/….. Total premium: Issuance date: …/…/…..
Insured's Details		Company's Details
Insured's Name	:	Company's Name	:
Address	:	Address	:
E-mail	:	E-mail	:
Postal Address	:	Postal Address	:
Phone	:	Phone	:
Identification Number	:
Name and signature of the Insured or their representative:		Signature and stamp of the Company:

Insurance Service Details
Registration Mark	Truck	Small Truck	Large Truck	Other
Model/Use	Private	Commercial	Rental	Driving Learning	Other
Body Number			Engine Number
Chassis Number			Engine Capacity (CC)
No. of Passengers			Manufacturing Year
Current Value without Accessories			Current Value, including Accessories (to be elaborated)
Insurance Period			Insurance Type
Insured/Representative			Signature

Year	Percentage
Last six months of the first year	10%
Second	20%
Third	25%
Fourth	30%
Fifth	35%
Sixth and above	40%