![]() The press release is provided for informational purposes only. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. This content is provided on an “as is” and “as available” basis and has not been edited in any way. This website is not responsible for, and does not control, such external content. ![]() This is a great example of how we are working together to solve an existing challenge and ensure that reliable Takaful solutions are accessible to all consumers.”ĭisclaimer: The contents of this press release was provided from an external third party provider. ”įahim Al Shehhi, CEO, SALAMA said, "Partnering with Policybazaar.ae is in line with our commitment to provide a seamless and fast online insurance experience for all our customers, especially for owners of non-GCC specs vehicles who have not had the access to comprehensive auto insurance coverage in the past. For reinsurance, Munich Re, the leading global provider of reinsurance, would help non GCC spec car owners renew their comprehensive car insurance. He added, “Around 10% of searches on Policybazaar.ae are about cars with Non GCC specs and we are thankful to SALAMA for being able to build this product and bring it to launch quickly with us. Therefore, purchasing comprehensive insurance protects the vehicle owner from financial losses caused by accidental/mechanical damage to the insured vehicle." Non-GCC vehicles do not have the same specs in terms of engine cooling/radiator, air conditioning /rust protection and are most likely to have problems in the UAE climate. Customers in the region can get an instant quote for fully comprehensive insurance for their non-GCC-spec vehicles at policybazaar.ae. Neeraj Gupta, CEO, Policybazaar.ae said, “We are pleased to launch this first of its kind product in partnership with SALAMA. This insurance coverage includes a variety of additional benefits such as free roadside assistance, claims settlement by a reliable Takaful insurer, garage repairs and rental car insurance. With a minimum premium starting from AED 910 for a sedan and AED 1400 for an SUV/coupe/pickup, (exclusive of VAT) owners/buyers can now get comprehensive car insurance coverage. With the exclusive launch of this product only on Policybazaar.ae, buyers of imported cars can now get an instant quote and drive their luxury cars hassle-free. The only available option was to purchase third-party liability insurance, which resulted in laong waiting period to obtain a quote. Insuring non-GCC spec cars used to pose a greater risk to auto insurers because they were not designed for Gulf conditions. With the launch of this unique product, customers can insure their even their luxury cars online from the comfort of their homes or offices. This strategic alliance between the UAE's fastest-growing online insurance and finance marketplace and the UAE’s largest Shari'ah compliant Takaful solutions provider will exclusively offer a fast and convenient comprehensive motor insurance for imported cars with a wide range of benefits. Policybazaar.ae and Islamic Arab Insurance Company (“SALAMA”), have teamed up to launch an online comprehensive insurance plan for non-GCC specification cars. Munich Re will provide reinsurance-related solutions for non GCC spec cars. ![]()
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