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The Insurance Consent Form is a crucial document required in Saudi Arabia for establishing valid insurance coverage across various insurance types. This document ensures compliance with the Cooperative Insurance Companies Control Law and SAMA regulations while adhering to Sharia principles. It serves as evidence of the insured's informed consent to both the insurance coverage and the processing of their personal and sensitive data. The form is particularly important in the Saudi Arabian context due to specific regulatory requirements for explicit consent, data protection, and Sharia compliance. Used across individual and corporate insurance arrangements, the Insurance Consent Form must be bilingual (Arabic/English) and includes comprehensive disclosures about coverage terms, data handling practices, and rights and obligations of all parties involved. This document is essential for establishing legally binding insurance relationships and maintaining regulatory compliance in the Saudi Arabian insurance market.

1. Parties: Identification of the insurance company and the insured person/entity, including full legal names and contact details

2. Background: Brief context explaining the purpose of the insurance coverage and the relationship between the parties

3. Definitions: Key terms used in the consent form, including insurance-specific terminology and regulatory definitions

4. Insurance Coverage Details: Summary of the insurance coverage being consented to, including type of coverage and basic terms

5. Data Collection Consent: Explicit consent for collecting, processing, and sharing personal data as required by Saudi data protection laws

6. Medical Information Authorization: Consent to access and share medical information when relevant to the insurance coverage

7. Declarations and Warranties: Policyholder's confirmations regarding the accuracy of provided information

8. Rights and Obligations: Summary of key rights and obligations of both parties under the insurance agreement

9. Sharia Compliance Declaration: Statement confirming the insurance arrangement's compliance with Sharia principles

10. Governing Law and Jurisdiction: Confirmation of Saudi law as governing law and relevant jurisdiction details

11. Signature and Attestation: Space for signatures, dates, and any required witness attestations