accidental physical loss of or damage to the Property.
Get a quoteThis is an “All Risk”cover and provide a broader coverage including accidental physical loss of or damage to the Property in addition to that resulted from fire, lightning, flood, storm, tempest, bursting of water tanks, apparatus or pipes, aircraft damage, impact damage, riots and strikes, earthquake, explosion and burglary by housebreaking &/or forcible &/or violent entry.
The value / sum insured must represent the reinstatement /replacement value of the property.
Under this insurance you can cover:
Any fortuitous loss of property is stressful for the property owner and any consequential loss thereof can often be more stressful due to the loss of revenue and some increased cost of working.
Loss of Profit resulting from interruption or interference due to accidental physical loss or damage to property insured under Property All Risks policy or Fire & Allied Perils.
This policy provides protection against:
This policy provides cover for loss or damage by fire, lightning, flood, storm, tempest, bursting of water tanks, apparatus or pipes, aircraft damage, impact damage, riots and strikes, earthquake, explosion and burglary by housebreaking &/or forcible &/or violent entry.
The value/ sum insured must represent the reinstatement /replacement value of the property.
Under this insurance you can cover:
This is a package solution for Hotel business owners. ABNIC has designed a Hotel Comprehensive Insurance Policy to cover; physical loss or damage to property by fire, act of God perils, riot & strike, impact damage and some more add on cover like;
The value / sum insured must represent the reinstatement /replacement value of the property.
Real and Personal Property of every kind, nature and description cover under this insurance against Terrorism and Sabotage which is normally an exclusion under all property insurance policies.
Property insurance in the United Arab Emirates (UAE) is a type of insurance that provides coverage for damages or losses incurred by property owners due to unexpected events such as natural disasters, fire, theft, and other perils. In the UAE, property insurance is important for property owners due to the following reasons:
Property insurance policies in the UAE can be customized based on the needs of the property owner. Insurance providers typically offer different levels of coverage, ranging from basic coverage for damages caused by fire, to more comprehensive coverage that includes protection against natural disasters, theft, and liability.
It is important for property owners in the UAE to carefully review their property insurance policies to ensure that they have adequate coverage for their needs. Insurance policies can vary in terms of coverage limits, deductibles, and exclusions, so it is important to read the policy carefully to understand what is covered and what is not.
In conclusion, property insurance is an important investment for property owners in the UAE. It provides financial protection against unexpected events such as natural disasters, fire, theft, and liability. Property owners should carefully review their insurance policies to ensure that they have adequate coverage for their needs.
There are several reasons why property owners in the UAE may choose to insure their property with Al Buhaira National Insurance Company. Here are some of the key reasons:
In summary, property owners in the UAE may choose to insure their property with Al Buhaira Insurance due to the company's experience, reputation, wide range of coverage options, competitive pricing, fast and efficient claims processing, excellent customer service, and financial stability.