A few days ago, one of the insurance companies announced the distribution of the surplus insurance operations it has to the insurance documentation campaign, whether car insurance or movables, after completing the company’s fees, speculation, settling acceptable claims, paying registration subscriptions and any other fees.
This first decision of its kind in Bahrain represents a pivotal pause in the insurance process in the Kingdom, whether it is compulsory insurance such as cars, or optional such as other types of insurance, and I believe that this decision or that initiative will change the policies of other insurance companies operating in Bahrain.
In the company’s statement, what I mentioned was stopped by what I mentioned that these distributions come according to the business model approved in the Kingdom of Bahrain and private to the takaful companies, which requires the distribution of what exceeded the need for takaful boxes of installments or contributions, after taking the necessary precautions and technical allocations, and this talk opens before us a wide question .. Where is this model approved in the Kingdom? .. And why we have not heard about it before? .. Other insurance companies.
A video clip has spread months ago to an insurance expert in a Gulf state talking about the right of the believer to recover some of his money that he paid to the insurance company in the event that it did not happen from what necessitates the payment costs of repair as a result of his mistake or the mistake of others on his vehicle, but the people at that time circulated the video, and we thought that it is a policy in the state of this expert and does not apply in our country, so we silenced us and God called us to treat the same insurance companies in Bahrain.
But today, after the declared insurance company’s decision to distribute surpluses to its insurance documents campaign, we must start a new stage of searching for our rights in the “years of the gorge” in which we paid endless money in compulsory insurance, without any revenues or retrieval of our right to them, but some insurance companies have been raising the fees year after another under the pretext of high costs and other things.
In the last insurance for my car, I tried to inquire from the insurance company about the reason for raising the annual fees despite the absence of any error from me, so its answer was: “The high prices of spare parts and the wages of repair workers in the garage” is an answer that was not convincing, but I had no choice but to submit and pay, or search for another company.
Today we are facing a model that must be repeated and adopted in all insurance companies, and that an annual accountability is carried out to retrieve the rights of people and their paid money unnecessarily, and I am sure that some experts will respond to me that the insurance is a symbiotic process between people and there are others that the company endured the reform of their vehicles, which is an answer to it that the company itself compels the wrong believer to pay the cost that may be very much that it has incurred to repair his car, and in the overall and end .. Is it not the right of those who are committed to reward their commitment, even with something simple?
* Captain – Editor -in -chief of the English newspaper “Daily Tribune”
