Insurance Addendum Template for United Arab Emirates

1. Claims Procedures: Include when the amendment affects claims handling processes or requirements

2. Additional Insured Parties: Required when adding new parties to the policy coverage

3. Coverage Extensions: Used when expanding the scope of insurance coverage

4. Exclusions Modification: Include when changing or adding policy exclusions

5. Special Conditions: Used for specific requirements or conditions unique to the amendment

6. Compliance Statement: Include when amendments are made to ensure compliance with new regulations

7. Broker/Agent Details: Required when insurance intermediary details need to be updated or included

1. Schedule A - Modified Coverage Details: Detailed breakdown of changes to coverage limits, sublimits, and terms

2. Schedule B - Revised Premium Calculation: Detailed calculation of premium adjustments if applicable

3. Schedule C - Updated Risk Assessment: New or modified risk assessment details if coverage changes involve risk modifications

4. Appendix 1 - Supporting Documents: Copies of relevant certificates, permits, or other documents supporting the amendment

5. Appendix 2 - Regulatory Approvals: Copies of any required regulatory approvals or notifications

6. Appendix 3 - Updated Policy Schedule: Revised policy schedule incorporating all changes made by the addendum