Reader in UAE asks: Can insurance company deny fire compensation if similar accident occurred in recent past? ...United Arab Emirates

ِAL Bawaba - News
Reader in UAE asks: Can insurance company deny fire compensation if similar accident occurred in recent past?
Question: I have a comprehensive insurance for my factory and I have paid all the premiums. A month ago, the factory was exposed to a big fire that resulted in huge losses. According to reports from the competent authorities, the cause of the fire was an electrical short circuit and the firefighting equipment was working well. However, the insurance company has refused to pay compensation on the grounds that the factory was exposed to a similar accident eight months ago. My question is: Does the insurance company have the right to refrain from paying compensation on this pretext? Please advise. Answer: First of all, the insurance company has no right to deny paying compensation. This is bec

Read More Details
Finally We wish PressBee provided you with enough information of ( Reader in UAE asks: Can insurance company deny fire compensation if similar accident occurred in recent past? )

Also on site :