This 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.

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:

1. Protection against natural disasters: The UAE is prone to natural disasters such as floods, sandstorms, and earthquakes. Property insurance can provide financial protection against these events, helping property owners to recover from any damages or losses incurred.
2. Protection against fire: Fire accidents are common in the UAE, especially during the hot summer months. Property insurance can provide coverage for damages caused by fire accidents, including the cost of repairing or rebuilding the property.
3. Protection against theft and vandalism: The UAE is generally considered a safe country, but theft and vandalism can still occur. Property insurance can provide coverage for stolen or damaged property, reducing the financial burden on the property owner.
4. Liability protection: Property insurance can provide liability protection in the event of an injury on the property. This can include coverage for legal fees and compensation payments.
5. Mortgage requirement: In the UAE, some banks and financial institutions require property owners to have insurance coverage before they can be approved for a mortgage. This is because property insurance provides a layer of protection for the property, reducing the risk for the lender.
6. Peace of mind: Property insurance can provide peace of mind for property owners, knowing that they are financially protected in the event of an unexpected loss. This can help alleviate stress and anxiety associated with owning a property.

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:

1. Experience and reputation: Al Buhaira Insurance has been providing insurance services in the UAE for over 40 years and has established a strong reputation in the industry. The company is known for its reliable and efficient claims processing, which can provide peace of mind for property owners.
2. Wide range of coverage options: Al Buhaira Insurance offers a range of property insurance policies that can be customized to meet the specific needs of the property owner. This includes coverage for natural disasters, fire, theft, and liability, as well as optional coverage for personal belongings and loss of rental income.
3. Competitive pricing: Al Buhaira Insurance offers competitive pricing for its property insurance policies, which can help property owners save money on their insurance premiums.
4. Fast and efficient claims processing: In the event of a claim, Al Buhaira Insurance has a fast and efficient claims processing system that aims to provide prompt and fair compensation to the policyholder.
5. Excellent customer service: Al Buhaira Insurance is known for its excellent customer service, with a dedicated team of professionals who are available to assist policyholders with any questions or concerns they may have.
6. Financial stability: Al Buhaira Insurance is a financially stable company with a strong balance sheet and high credit rating, which can provide added security for policyholders.

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.