You will possibly be working in other fields than
those listed and wondering what is the right insurance program for
In general you need insurance to cover the following:
- Your Physical Property:
such as Buildings, Furniture, Fixtures, Fittings, Decorations
and other Contents. Such as Stock, etc.
- Loss of Profits resulting
from unfortunate event causing destruction or damage to you property.
- Legal Liability of
your firm to the public and your clients, resulting from your
negligence or defective product.
- Your liability to
your employees and workmen, in addition
to providing certain benefits to attract top performers and high
skilled manpower to your firm.
OK, but what is really the cover we can get?
- Fire, Special Perils & Theft insurance
on buildings, contents, furniture, equipment and installations
of your premises. This kind of cover is your solid security against
any unfortunate future events.
- Property All Risks Insurance: to provide
you with more cover than the above policy. This covers accidental
breakage or damage to any parts of your buildings and contents,
in addition to other losses resulting from perils insured in the
- Machinery Breakdown Insurance on your
machines and equipment, if you have any. This insurance will take
care of repair or replacement costs of your machines or equipment
in case of a breakdown due to failure of certain parts.
- Business Interruption Insurance to
cover your loss of profits after an accident, like Fire, Theft,
Flood, etc. This type of insurance can also cover loss of profits
resulting from machinery breakdown.
You need this insurance because your business might be affected
or you may not be able to continue production or processing until
the building is repaired or rebuilt and contents replaced after
a loss or damage caused by fire, for example. The same situation
will exist in case of a machinery breakdown causing partial or
total stoppage of production.
- Cover against Special Risks such Riots, Strikes
Sabotage and Terrorism.
- Fidelity Guarantee, protecting you
from financial losses resulting from infidelity of employees or
any embezzlement of money.
- Public Liability insurance for your
legal liability to pay for injury to members of the public or
damage to their property resulting from performance of your work
at your premises.
- Loss or damage of Goods in Transit.
You will need this insurance to cover your shipments of stock,
raw material, finished goods and other equipment, for any loss
or damage that might take place during shipping and handling.
- Workmen Compensation for your employees.
- Group Life and Medical
Insurance for your employees and their dependants. Healthy
employees perform better and produce more than sick ones.
- Personal Accident to
- Employer's Liability to complement
your Workmen's Compensation cover.
- Special covers for Money (or Cash) while in
Transit or in locked Safe.
- Electronic Equipment Cover, a specially
designed insurance for your computers, software, data and other
electronic equipment. It covers accidental damage and breakdown
of such computers and equipment. If you have this insurance then
we will pay for replacement and repair of the damaged computers
- Deterioration of Stock either as a
result of machinery breakdown or failure of electricity and fuel
supply due to accidents such as substation failure, electricity
cables problems or fuel supply problems.
Can you help me in getting the insurance I need?
Please contact us for more details. Our
team can help you in assessing your exposure to risks and accordingly
design the right insurance cover for you.
You can reach us on:
Tel: +973 - 225860
Fax: +973 - 224870
If you own, operate or work in any business and would like to know
about other insurance products available to you as an individual
then please go to our Individual &
Family Insurance section.