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In line with the latest regulations issued by the Central Bank of the UAE (CBUAE), insurance premiums can no longer be collected by brokers. All premium payments must now be made directly to the insurance company.
To make this process easy and compliant, here’s how you can pay:
(As per insurer’s approved terms)
Post-Dated Cheques (PDCs)
For fleet or general insurance policies, upfront PDCs are required before policy issuance.
Cash Payments
Cash payments are no longer permitted.
Secure Payment Link
For individual and retail policies, a direct online payment link will be sent to you by the insurer.
Bank Transfer
Premiums can be settled directly to the insurer’s bank account as specified on your invoice.
Look for a broker who goes above and beyond – Look for Edge!
Edge Insurance Brokers is an independent insurance brokerage created to be one with a difference that will afford clients with added value in return for their confidence and long-term allegiance. Our expertise in every facet of risk and across different industries help our clients foresee, quantify, and better comprehend the range of risks they may face.
+971 7 244 4458
info@edgeinsbrokers.com