Professional Indemnity Insurance Policy

Professional indemnity (PI) insurance is a commercial policy intended to protect business owners, freelancers and the self-employed if their customers claim that their service is not satisfactory.

A client might claim that you were neglectful, delivered the incorrect training or caused an error which cost them money

Professional liability insurance is designed to defend service-based enterprises. If differences occur, this cover handles the cost of keeping things right – including lawsuit charges.

Employee Benefits

Workmen's Compensation - This policy covers injuries/death to employees during working hours as per labour law of U.A.E. When an employee is injured, disabled, or dies while on the job, the employee or their survivors are entitled to Workers' Compensation coverage benefits. Under this type of Insurance, the employer pays certain benefits such as medical care, lost wages, and rehabilitation costs.

Employer's Liability - This Insurance is usually an extension to the Workmen's Compensation Insurance, or it can also be issued as a stand-alone Policy as per Customer's requirement. Employer's Liability Insurance indemnifies employers to pay compensation which they are legally required to pay under the Common Law for personal injury or death by accident arising out of and in the course of the employment. The Policy also pays for all expenses & costs incurred in defending any claim for compensation, but with the prior consent of the Company. The Indemnity provided shall be as per the UAE Law.

Public Liability

This policy covers loss/damage, bodily injury/death of third parties arising out of your

Marine Insurance

Marine Insurance — a type of insurance intended to provide coverage for the transportation of products either via ocean or by land as well as damage to the waterborne instrument of transmission and to the liability for third parties arising out of the process. Marine insurance covers the loss or damage of ships, cargo, terminals, and any transport by which the property is transferred, acquired, or held between the points of origin and the final destination.

Cargo Insurance Policy

This policy covers loss/damage to cargo / shipments from loss, damage, or theft while in transit, as per Policy terms and conditions. Cargo insurance policies can cover cargo carried by land, or by air and sea. 

Marine Hull & Machinery Insurance Policy

This policy covers loss/damage to the ship/vessels insured as per the trading area agreed in the policy. This coverage protects the insured vessel or fleet against physical damage caused by a peril of the sea or other covered perils while the vessel is in transit over water. Although the most commonly insured vessels are those operating in the ocean or the sea, hull and machinery insurance can cover vessels that work in any kind of waterway. For example, tugboats, barges, floating machinery, and even oil rigs which operate in coastal areas.

Group Medical Insurance

This is a comprehensive coverage policy which covers a specific group of people - usually employees of an organization, or members of a club, etc - against death and disabilities due to accidents/natural causes. 

Group medical insurance members are benefited in several ways. Firstly, they get Insurance coverage at comparatively lower prices as the risk profile is quite evenly distributed amongst the employees.

Secondly, these plans provide are provided without much formalities and paperwork for individuals, which makes them quite popular in the corporate world. 

Unlike conventional health insurance plans that are expensive, these group plans are available at varying prices and coverage offered by the employer. Thus, it saves employees from the burgeoning cost of medical treatments, thereby helping the Company to retain its valuable resources, and also contribute to the overall growth and progress of both Company & Employee.

Property All Risk

This Policy covers loss/damage to Insured Property due to fire / lightning / accidents / natural calamities and other cautions like burglary / theft if essential.
Property All Risk Insurance coverage includes sudden and accidental physical loss or damage to the property insured, caused by any dangers other than those specifically excluded in the policy.

Business Interruption

It provides for loss of income during periods when you cannot carry out business due to an unexpected event. The policy aims to put your business in the same trading situation it was before the event occurred. This usually includes robbery, fire, wind, falling substances or lightning. Be sure to read your business insurance policy documents so you know which perils your insurer helps cover.

Loss of Profit/Business Interruption/ Consequential Loss Policy

The above policy in different name covers same risk. It provides for loss of income during periods when you cannot carry out business as usual due to an unexpected event. The policy aims to put your business in the same trading position it was before the event occurred.