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Article (3)

Effective from 12/5/2013

Administrative violations of and fines on third party health Insurance Administrators shall be determined according to the following table:

Serial No.Violation DescriptionAmount of Fine in AED
1Delay in the renewal of company registration in the Register for each month of delay subject to a maximum of AED 3,000 for each year of delay, with any part of a month calculated as a full month.300
2Delay in the renewal of company branch registration in the Register for each month of delay subject to a maximum of AED 1,000 for each year of delay, with any part of a month calculated as a full month.100
3Delay in the Annotation of data amendment in the Register for each month of delay subject to a maximum of AED 1,000 for each year of delay, with any part of a month calculated as a full month.100