What is the legal and legitimate way to have those
affected by the rains and floods claim from their respective
insurers? Somebody informed me yesterday that this sector cannot
claim because it has been provided in the insurance policy clauses
that these kinds of problems are excluded and cannot be claimed
since 2008.
The cardinal rule for potential claimants would appear simple
yet crucial: Read Your Policy. Twice. If the
policy doesn't explicitly cover damages from natural disasters
like flooding, unfortunately, the damage may not be covered.
What is also vital to note is that insurance policies typically
outline specific "Named Perils," events that are covered
under the policy. It's imperative for individuals to review
their policies to understand what risks are covered and what are
not. Unlike some countries, the UAE doesn't impose a standard
mandatory insurance requirement for residential properties.
Therefore, residents need to ascertain whether their
