Chapter Seven: General Provisions
- The Company shall include all details in Schedule (5) of this Policy, and this Schedule shall be part of this Policy.
- 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.
- The courts of the State shall be competent to determine any dispute arising in connection with this Policy.
- The Company shall include all details in Schedule (5) of this Policy, and this Schedule shall be part of this Policy.
Schedule No. (1)
Depreciation Percentages for Parts of Private Motor Vehicles
Year Percentage First - Second 5% Third 10% Fourth 15% Fifth 20% Sixth and above 30% Schedule No. (2)
Depreciation Percentages for Parts of Taxi Vehicles, Public Transport Vehicles and Rental Vehicles
Year
Percentage
Last six months of the first year
10%
Second
20%
Third
25%
Fourth
30%
Fifth
35%
Sixth and above
40%
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
Schedule No. (4)
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 No. (5)
"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:
Motor Vehicle Insurance Application
Applicant's Details
Name according to ID
First
Second
Third
Family Name
Date of Birth
/ /
P.O. Box
Postal Code
ID Number
E-mail
Home Phone
Office Phone
Mobile
Address/Emirate
Profession
Employer
Driving License Number
Expiration Date
Trade Name (if any)
Commercial
Register
Number
Head Office
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