UAE: Dubai Sports Council announces mandatory insurance for sports events
Source: Middle East Insurance Review | Aug 2022
Dubai Sports Council (DSC) has announced that insurance will be mandatory for sports events, beginning on 1 September 2022.
The objective is to enhance the level of the organisation of sports events, boost the status of this vital sector and increase the numbers of participants in events from the UAE and overseas, the DSC said in a statement.
Compliance with this decisionis required in securing a permit to organise sports events. The insurance policy has to be issued by a licensed insurance company or an insurer that has a branch in the Emirate. The insurance policy should be issued in the name of the organiser of the sports event and its coverage is limited to the specific event. Where the sports event were to take place in more than one emirate in the UAE, the insurance policy should cover all locations of the cities where the event would be organised.
The insurance policy shall come into effect as of the date of the commencement of preparations for the event and shall expire on the date of the removal of related installations from the event location.
The DSC said that sports event organisers should acquaint event participants with the contents of the insurance policy and with all responsibilities of the organisers. M