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+971 4 351 8610
FAQs
What is covered under the Fire and Burglary Insurance Policy?
This policy covers physical loss or damages caused by insured perils to the covered property (such as a building structure, including its permanent fixtures and fittings, as well as contents such as furniture, decorations, electrical appliances and personal possessions etc.)
What else is covered under the Fire & Burglary policy other than Fire?
This policy covers the following perils in addition to Fire;
- Burglary (as a result of forcible entry)
- Lightning
- Aircraft extension
- Standard explosion,
- Strikes, riots and civil commotions
- Malicious damage
- Storm and tempest, flood
- Bursting of pipes
- Impact extension (including own vehicles)
- Earthquake
- Sprinkler Leakage
- Removal of Debris Expenses
What are the details required to take this insurance?
We require the sum insured / values of the property to be covered as mentioned below;
- Value of Building / civil structure (if owned)
- Furniture/ Fixtures/ Fittings
- Other Equipment
- Annual Rent (if property is taken on rent)
- Stock (if any with description)
What properties can you cover under this policy?
- Residential / Commercial towers or buildings
- Offices, Shops and show rooms
- Hotel / Restaurants
- Villa/ Apartment/ Flat
- Warehouse
What is Business Interruption?
Business Interruption Insurance, also known as Loss of Profit Insurance, covers the loss of income that a business suffers from following a disaster (a fire, earthquake, or flood etc..) while the business premises are being rebuilt or repaired. A standard Fire & Burglary insurance policy only covers the physical damage to the business, while the additional coverage allotted by a business interruption policy covers the profits that would have been earned.
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