MUSCAT: Capital Market Authority on Tuesday denied a social media rumour about insurance companies refusing to compensate traffic accident claims that occurred during the Eid Al Adha lockdown.
In a statement issued, CMA said the information regarding claims during the lockdown is not true.”The authority would like to clarify what is being circulated on social media about insurance companies refusing to compensate traffic accident claims during the complete closure on the days of Eid Al-Adha is not true.”
CMA said the policy holder has the right to file an online petition in case if any insurance company refuse to accept the application.
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“The authority calls on the public to verify the accuracy of the news from official sources before spreading rumours,” CMA added.





