SAMA Approves the First Insurance Product to Cover Drones related dangers

8/24/2020 2:00 PM

                SAMA stated that this product covers drones licensed by official authorities for use in aerial surveys and geographic information systems for architectural and engineering activities and related consulting services, or used in inspections of communication towers, power lines, industrial facilities and renewable energy for the purposes of tests and technical analyzes or used for aerial photography purposes in the authorized locations.

                 This step comes as a continuation of the work by SAMA to develop the insurance sector through the diversity of insurance products and their provision according to the needs of the Saudi market and customers of insurance companies, and to keep abreast of developments in all fields in order to support the stability of transactions, preserve civil rights, and the diversity of risk management tools, as this comes in line with The Kingdom's Vision 2030.

Public Opinion Poll
Accessibility Options
icon Text size
100%
icon High contrast
icon Grayscale Mode