Insurance policies shall in accordance with the CIMA Code contain the following information;
- The names and residence of the contracting parties;
- The object or the person insured;
- The nature of the risks covered;
- The effective date and duration;
- The amount of the coverage;
- The premium or contribution of the insurance;
- The conditions of automatic renewal, if stipulated;
- The cases and conditions of extension or termination of the contract or cessation of its effects;
- The obligations of the insured, upon drawing a contract and, later, during the course of the contract, as regards the declaration of risk and the declaration of other policies covering of the same risks;
- The conditions and terms of declaration in the event of a claim;
- The time limit for payment of claims;
- For other insurance apart from liability insurance, the procedures and principles relating to the assessment of damages in view of determining the amount of indemnity etc.