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The UAE Insurance Authority has issued a new vehicle insurance tariff system, on which premiums are based. The new regulation, effective from January 1, 2017, supersedes an existing circular that has been in place since 1996.
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The UAE Insurance Authority revised the unified auto insurance regulations with effect from January this year, hiking premiums for both third party and comprehensive insurance for all categories of vehicles.
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DUBAI: Embedded with 24-carat gold and specially selected diamonds, a set of four tyres made by an NRI-owned firm here was sold for more than Rs 4 crore, setting the Guinness world record for most exp.
There are also some restrictions on the age of the person applying for car insurance in the UAE. “Usually people above 25 years. the UK with no-claims bonus certificates avail competitive prices he.
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