Renewal of the permit for the insurance company
Customer Segmentation
Govt/Corporate Services
Sector
Service Channels
Website
Eligibility
Companies
Help Centre
800 342 Toll free (24/7)
+971-45991200 Outside UAE (24/7)
Live chat
Description
A service for renewing permits for insurance companies by making use of the services related to the electronic system E-claim. Renewal of the permit takes place on an annual basis by notifying the Authority with a fee in UAE dirhams - (0.5%) half percent of the insurance claims paid for the previous year, provided that the proceeds are not less than the fee for the fee determined for the issuance of the permit.
Required Documents
* Previous year claims
* Commercial license
PN 01-2015 HIP applications 2015
GC 10-2015 PI applications and renewals for 2016
Preparation Steps
Claims paid by the company in the previous year
Fee Details
It depends on calculating the percentage of the claims paid in the previous year, provided that the proceeds of the fee are not less than the fee prescribed for the issuance of the permit, as the case may be (as stated before with a fee of 150,000/- or 350,000/- AED, depending on the company).
Service Locations
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