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Showing posts from October, 2020

Components of an Insurance Policy

Insurance is a phenomenon that should be completely understood by a person before getting one. You might go for research on the internet to get maximum knowledge about it. However, it is better to seek help from an insurance expert. There is a  lawyer in Ajman who can help you in getting credible knowledge about the matter. They have explicit knowledge as well as experience that can help you in all the legal cases. Three Components of an Insurance Policy Below are the three components of an insurance policy. These three basic things make up a policy for everyone in the UAE. Moreover, it should be understood before choosing the right policy for yourself or your whole business. ·          Premium This is talking about the price of the policy. It is usually a monthly cost that shall be paid by an individual or an entity. This price has its basis on the possible risks that will be encountered by you or your business. A history of a person or a business concerning a certain thi

How to Avoid Contract Disputes in Ajman?

Starting a business, getting a job, or buying a property begins with an agreement. It is a legal document that specified the liabilities of both parties and the ownership details. Avoiding contract disputes is not an easy task unless or until you are supported by a  lawyer in Ajman .   If you want to know how to avoid issues in your business and other legal matters, here is brief guide for you.   Get Legal Consultancy   Call your lawyer before drafting a contract as they will assist you in writing it as per the legislation. They will check the legitimacy of the contract, terms, and ensure that it is written in your best interest, under the legal umbrella.   Lawyers will tell you about the consequences of the contract termination. You can ask them to add a clause related to the dispute resolution in the contract. In this way, you can follow the agreement terms and resolve the matter in case of any unexpected situation.   Draft the Contract   You must take some ex