Resolving Disputes regarding insurance claims in UAE

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Resolving Disputes regarding insurance claims in
UAE

• Source URL - HHS Lawyers and Legal Consultants

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• Under UAE law, the insurance contract contains
  certain provisions for protecting the rights of
  both insured and insurer. These provisions are
  commonly the subjects of disputes arising when
  either party does not follow the procedures
  within the contract. If an insurer that fails to
  pay an insurance claim for which it is legally
  obligated may be subject to legal action by the
  insured. In this article, we provide a simple
  guide for resolving insurance disputes in the
  UAE. For a detailed view on any of the following,
  or to ascertain how a dispute will fair within
  the current rules and regulations, please feel
  free to contact us.

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Types of insurance claims

• There are different types of insurance claim that
  amount to dispute. Some of the claims include
• Life insurance
• Health insurance
• Disability insurance
• Fire loss and property damage insurance
• other

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Methods To Resolve Insurance Disputes

• Negotiation. Before proceeding to a court
  procedure many of the insurance claims are
  settled by negotiation. Negotiation of claims
  with insurance companies needs even additional
  special information and skillful communication.
  If you are seeking fair compensation for your
  claims, this process is an excellent opportunity
  to save time and money.
• Arbitration the concept of arbitration for
  insurance dispute is desirable because it proves
  confidentiality for both the parties. UAE Law
  provides that if the parties to an insurance
  contract wish to resolve disputes through
  arbitration, they must enter into a separate
  arbitration agreement independent of the
  insurance contract. Regardless of whether the
  arbitration clause is included or not.
• Litigation either party for resolving their
  disputes if they are not satisfied by the methods
  of arbitration or negotiation. Having an
  experienced lawyer by your side, you may get a
  fair settlement for insurance dispute

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Remedies Claimed

• Some of the remedies claimed by both the parties
  are
• By insurer
• Terminating the contract for Breach of policy
  insurer may terminate a policy for breach of
  disclosure obligations under the contract.
  misrepresentation or non-disclosure of creation
  facts by policyholders may lead to termination of
  the contract by insurance companies
•  By Insured
• The damages claimed by insurance policyholder are
• Claiming damages for consequential loss
• Settling or adjusting the claim
• Apart from these remedies there are may many
  additional remedies claimed by the insurer and
  insured depending on the case and circumstances.
  (for e.g. court may charge additional damages for
  any mental or physical harm to either party). An
  experienced insurance lawyer can guide you about
  the remedies available for specific claims.

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Limitation For Filing An Insurance Claim

• Under insurance law, the limitation period for
  insurance claim depends on the type of insurance
  and as per the law. An insurance period is
  calculated from the date of the loss or the date
  upon which the insured first became aware of the
  loss.
• Provisions within the insurance law allow for
  limitation periods to be suspended in the event
  of a lawful excuse, (usually the incapacity of a
  party) or otherwise owing to circumstances
  outside of a partys control.
• Insurance dispute lawyers in Dubai are aware of
  all the rules and regulations about insurance and
  the remedies claimed for different issues. HHS
  lawyers and legal consultants are the best
  insurance lawyers and have in-depth knowledge of
  insurance matters regarding any industry. If you
  want to resolve any disputes regarding insurance
  claim book your consultation now.

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