Latest news with #MotorInsurance
Khaleej Times
02-06-2025
- Automotive
- Khaleej Times
AFNIC's FloodGuard: Why motorists should opt for FloodGuard
In recent years, extreme weather conditions have become increasingly common. Flash floods, storms, and tempests have caused significant damage to vehicles, often catching car owners off guard — especially those without comprehensive motor insurance. To bridge this critical protection gap, Al Fujairah National Insurance Company (AFNIC) has presented an innovative, standalone solution: Motor Flood & Storm Relief Insurance, branded as FloodGuard. What is FloodGuard? This exclusive product offers protection against accidental loss or damage to your car solely due to specific weather-related perils: Flood, Inundation, Storm, and Tempest (FIST). It is designed for vehicles not insured under comprehensive insurance, including those insured only under a Motor TPL Policy. Who can avail FloodGuard? Eligible vehicles include privately-owned or company-owned cars used strictly for private and pleasure purposes. Commercial vehicles, pickups, buses, motorcycles, and cars used for hire or reward are excluded. Key features at a glance Standalone Protection: Independent of your existing TPL insurance, even if it's with another insurer. Annual Policy Term: Covers a full 12 months (not 13 months). Loss Limit-Based Coverage: Claims are capped by a chosen Loss Limit, not the market value or sum insured. Currently available at Dh25,000 and Dh50,000 Loss Limits. Reinstatement Option: Replenish the Loss Limit post-claim with additional premium. Total Loss Payouts: Up to 90% of Depreciated Market Value (DMV) or Loss Limit — whichever is lesser. Weather Data Authentication: Claim eligibility based on UAE's National Centre of Meteorology reports. Repair Coverage: Non-agency repairs only; agency repairs excluded. Cash Loss Option: Choose to receive cash instead of repairing the vehicle. Some of the major exclusions to note: No cover during the first 15 days (unless it's a continuous renewal). Damage while desert driving, dune bashing, or traversing wadis, rivers, lakes, or beaches — even if dry. No replacement car, rent-a-car, or loss of use benefits. Gradual damage or pre-existing damage is not covered. Policy ends upon sale/transfer of vehicle or total loss claim. Quick and easy purchase options: Policies can be easily obtained by accessing AFNIC's website or dedicated portal via QR Code or direct Link. The entire process can be completed in just a few steps — in less than five minutes. Prefer a personal touch? Visit any AFNIC branch Office or one of over 40 AFNIC outlets across the UAE for on-the-spot issuance. Peace of mind in every forecast: This pioneering product ensures your vehicle is not left vulnerable during unpredictable climatic events, giving peace of mind to vehicle owners across the UAE. For car owners not opting for a comprehensive plan, FloodGuard offers affordable, essential, and timely protection tailored for today's unpredictable weather challenges.
Web Release
19-05-2025
- Automotive
- Web Release
Policybazaar.ae Rolls Out Exclusive Car Insurance Perks Under PB Advantage
the UAE's leading online insurance marketplace, has expanded its flagship initiative PB Advantage to car insurance customers, redefining the way UAE residents experience motor coverage and car insurance claims. believes that car insurance should be more than just a policy — it should be a promise of speed, ease, and trust when you need it most. We are transforming the claims experience in the UAE by offering a one-of-a-kind, seamless, and customer-first approach that gets you back on the road with minimal hassle. From free car washes and flat-rate savings on servicing and repairs to special discounts on the Registration Readiness Package, these benefits are designed to enhance the everyday car ownership experience. Valid until May 31, these exclusive offers are made possible through their partnerships with leading insurers and service providers across the UAE that will deliver real-world value to our customers. In collaboration with leading partners, is redefining traditional insurance by enabling a smarter and more rewarding car ownership experience. The initiative is designed to help customers lower their car-related expenses and remain well-protected with some of the best car insurance plans available in the UAE, while ensuring a high standard of customer satisfaction and full compliance with regulatory requirements. With customers can benefit from fast-track claims processing, access to a nationwide garage network, a dedicated claims concierge service, and smart digital tracking with priority repairs. Through PB Advantage, customers can now enjoy 12 free car washes, up to a 30% discount for safe driving, an excess waiver of up to AED 1,000, a 15% discount on car repairs, a 30% discount on car servicing, and 50% off on the Registration Readiness Package. Neeraj Gupta, CEO of said: 'We're proud to expand PB Advantage to our car insurance customers. Buying car insurance shouldn't just be about paperwork and price — it should come with real, tangible value. These benefits make sure that once the policy is bought, the customer keeps winning throughout the year. From savings on car service to free washes, we're driving value where it matters most — behind the wheel.' added, 'Motor insurance is often seen as a mandatory purchase, but we wanted to flip that narrative. With PB Advantage, we've built a value-first ecosystem where every customer — from a daily commuter to a weekend road-tripper — gets rewarded for making responsible choices. Whether it's safe driving discounts or after-policy care like servicing perks, we're here to make car ownership smarter and more rewarding.' Toshita Chauhan, Business Head – Motor Insurance atadded, 'Motor insurance is often seen as a mandatory purchase, but we wanted to flip that narrative. With PB Advantage, we've built a value-first ecosystem where every customer — from a daily commuter to a weekend road-tripper — gets rewarded for making responsible choices. Whether it's safe driving discounts or after-policy care like servicing perks, we're here to make car ownership smarter and more rewarding.' This move follows the successful rollout of PB Advantage for health insurance customers, a program that introduced Auto Recharge, No Claim Bonuses, and 30-minute claim desk support — setting a new benchmark in insurance experience. PB Advantage for Car Insurance marks another step in mission to move insurance beyond a transactional product, making it a lifestyle benefit that rewards smart choices and safe habits.
