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GEN A4.1.3

The classes of non-life insurance are as follows:

Class 1 — Accident

(a) Contracts of insurance providing fixed pecuniary benefits or benefits in the nature of indemnity, or a combination of both, against risks of the Person insured:
(i) sustaining injury as the result of an accident or of an accident of a specified class;
(ii) dying as the result of an accident or of an accident of a specified class; or
(iii) becoming incapacitated in consequence of disease or of disease of a specified class;
inclusive of contracts relating to industrial injury and occupational disease.

Class 2 — Sickness

(b) Contracts of insurance providing fixed pecuniary benefits or benefits in the nature of indemnity, or a combination of the two, against risks of loss to the Persons insured attributable to sickness or infirmity.

Class 3 — Land vehicles

(c) Contracts of insurance against loss of or damage to vehicles used on land, including motor vehicles but excluding railway rolling stock.

Class 4 — Marine, aviation and transport

(d) Contracts of insurance:
(i) against loss of or damage to railway rolling stock;
(ii) upon aircraft or upon the machinery, tackle, furniture or equipment of aircraft;
(iii) upon vessels used on the sea or on inland water, or upon the machinery, tackle, furniture or equipment of such vessels; or
(iv) against loss of or damage to merchandise, baggage and all other goods in transit, irrespective of the form of transport.

Class 5 — Fire and other property damage

(e) Contracts of insurance against loss of or damage to property, other than property to which classes 3 and 4 relate, due to fire, explosion, storm, natural forces other than storm, nuclear energy, land subsidence, hail, frost or any event, such as theft.

Class 6 — Liability

(f) Contracts of insurance against risks of the Persons insured incurring liabilities to third parties, including risks of damage arising out of or in connection with the use of motor vehicles on land, aircraft and vessels on the sea or on inland water, including third-party risks and carrier's liability.

Class 7a — Credit

(g) contracts of insurance against risks of loss to the Persons insured arising from the insolvency of debtors of theirs or from the failure, otherwise than through insolvency, of debtors of theirs to pay their debts when due;

Class 7b — Suretyship

(h)
(i) contracts of insurance against risks of loss to the Persons insured arising from their having to perform contracts of guarantee entered into by them; or
(ii) contracts for fidelity bonds, performance bonds, administration bonds, bail bonds or customs bonds or similar contracts of guarantee.

Class 8 — Other

(i) Contracts of Insurance:
(i) against risks of loss to the Persons insured attributable to interruptions of the carrying on of business carried on by them or to reduction of the scope of business so carried on;
(ii) against risks of loss to the Persons insured attributable to their incurring unforeseen expense;
(iii) against risks of loss to the Persons insured attributable to their incurring legal expenses, including costs of litigation; and
(iv) providing assistance, whether in cash or in kind, for Persons who get into difficulties, whether while travelling, while away from home, while away from their permanent residence, or otherwise.

Derived from DFSA RM01/2004 (Made 16th September 2004). [VER1/09-04]
[Amended] RM46/2007 (Made 5th July 2007). [VER15/07-07]