9 Days
Source:
المدينة
Insurance disputes to be heard in five years
The authorities have approved new regulations that prohibit hearing insurance dispute claims after five years from the date the claims become due, unless one of the parties presents an acceptable excuse. This measure aims to enhance legal stability and reduce delayed disputes in the insurance sector, which is experiencing rapid growth supported by Vision 2030, while also addressing challenges such as rising claim costs and the need to strengthen specialized insurance products.
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