Insurance Authority Board of Directors’ Decision No. 26 of 2020 On the Amendment of Certain Provisions of the Insurance Authority Board of Directors’ Decision No. 25 of 2016 Concerning the Issuance of the Unified Motor Insurance Policy

Chairman of the Insurance Authority,

Having perused:

- Federal Law No. 21 of 1995 Concerning Traffic and the Amendments thereof;

- Federal Law No. 6 of 2007 concerning the Establishment of the Insurance Authority and the Organization of Insurance Operations, the amendments thereof and its Executive Regulation;

- Insurance Authority Board of Directors’ Decision No. 25 of 2016 Concerning the Issuance of the Unified Motor Insurance Policy and the amendments thereof;

- And, based on the recommendation of the Director General of the Insurance Authority and the approval of the Board of Directors;

Has resolved,

Article 1

The Unified Motor Vehicle Insurance Policy Against Third Party Liability shall be modified as follows:

1. Clause No. 16 of (Chapter One: General Conditions) shall be replaced by the following text: 

(The Injured Third Party may repair the damages that occur to the Motor Vehicle as a result of the accident, provided that the estimated repa...