Fire insurance is a type of insurance that covers damages and losses resulting from a fire in insured properties, whether residential, commercial, or industrial buildings.

Fire insurance covers damages caused by:

• Fire.  

• Lightning.  

• Explosion of gas cylinders used for household purposes.

No, fire insurance does not cover damages if the fire was intentionally caused by the policyholder or resulted from gross negligence.

The following can be insured:

• Houses and residential apartments.

• Commercial buildings and offices.

• Factories and warehouses.

• Contents inside buildings (furniture, equipment, merchandise, etc.).

Yes, but only if additional coverage for business interruption is purchased, which compensates for financial losses resulting from a business shutdown due to fire.

General liability insurance is a type of insurance that protects individuals and businesses from legal claims arising from damages caused to third parties, whether bodily injuries or property damage, resulting from the insured’s activities.

• General Liability Insurance covers damages caused to third parties due to business operations or property.

• Professional Liability Insurance covers professional errors or negligence that result in financial losses to clients.

• Bodily injuries sustained by customers or visitors on the insured's property.

• Property damage caused to third parties due to the insured’s activities.

• Legal costs and compensation if a lawsuit is filed against the insured.

• Injuries to company employees (requires workers' compensation insurance).

• Losses resulting from professional negligence (covered by professional liability insurance).

• Claims related to product defects (requires product liability insurance).

• Contractual obligations that do not involve direct legal liability.

Any business or individual interacting with the public or operating from a commercial location, such as:

• Commercial companies and factories.

• Retail stores and restaurants.

• Contractors and skilled tradespeople.

• Event and conference organizers.

Cash insurance is a type of coverage that provides financial protection against loss, theft, or damage to cash while it is at the business premises or during transit to a bank or any other location.

Cash insurance covers the following risks:

• Cash in safekeeping:

  Loss or damage to cash stored in locked safes and strong rooms within the insured premises (as specified in the policy schedule) due to fire, lightning, armed robbery, forcible entry, or break-in using force, violence, or threats.

• Cash in transit:
  Loss or damage to cash during direct transit while in the custody of the insured or authorized employees, provided the loss or damage results from armed robbery involving force, violence, fire, or an accident involving a collision or overturning of the cash transport vehicle, between agreed-upon locations specified in the policy schedule and during official working hours.

Coverage depends on the type of policy, but it generally includes:

• Cash stored in safes at the business premises.

• Cash in transit to a bank or other designated locations.

• The average amount of cash handled at the business premises.

• The maximum amount transported daily or weekly.

Yes, security measures are required, such as:

• Using theft- and fire-resistant safes.

• Transporting cash with security guards or specialized companies.

• Installing surveillance cameras and alarm systems.

This type of insurance provides insurance protection for goods and property from the risks that you may be exposed to during the process of transportation by sea, air or land, distinguished insurance policies that suit the needs in accordance with the best conditions prevailing globally.

Insurance is a means of mitigating the inability of individuals to cope with the risks to their money, as well as the damages that result from their liability.

The insurance policy is issued by the insurance company - it is usually an insurance policy whose conditions are internationally recognized standard.

There are three basic coverages graded in securing marine cargo policies in addition to air and land transit insurance, which are as follows:

• Institute Cargo Clauses (A)

  It is considered the most common in use and covers "all risks" of loss or physical damage to the goods and is subject to certain exclusions: most notably: Loss damage or expenses attributable to wilful misconduct of the assured or his agent, Loss damage or expenses caused by insufficiency or un suitable of packing, inherent vice or nature of the subject matter insured, delay. natural weight loss & natural leakage.

• Institute Cargo Clauses (B)
  This type of cover is more restrictive and specific conditions than in (A) as they cover the main incidental hazards such as (fire, explosion, stranding, sinking or overturning the ship or the means of land transport with any external object except water for the ship, unloading, earthquake, volcanoes, storms, seawater damage.

• Institute Cargo Clauses (C):
  This type of insurance covers losses of or damages to the insured goods as a result of sinking, fire or explosion, stranding, capsizing or collision.

  In all above-mentioned coverages, there are general exclusions shall not be covered:

Loss damage or expenses attributable to wilful misconduct of the assured or his agent, insufficiency or un suitable of packing, inherent vice or nature of the subject matter insured, delay.

War, strikes, riot coverage can be added to the insured goods against an additional premium.

Air Cargo Insurance Policy:
This insurance covers losses of or damages that may be caused to goods during their transport by air resulting from the following risks:
Aviation hazards such as: Aviation accidents, aircraft crashes and/or collisions, explosions or fire, natural disasters such as storms, and subject to general exclusions shall not be covered:
-Loss damage or expenses attributable to wilful misconduct of the assured or his agent, insufficiency or un suitable of packing, inherent vice or nature of the subject matter insured, delay.

Land Transit insurance policy:

There are two types of land transit insurance cover

1- Land Transit Clause (Limited cover)

This type of insurance covers loss of or damage caused by fire and/or Collusion and/or overturning and/or breaking down of the Bridge under the land conveyance whilst crossing. And subject to General Exclusions: most notably: Loss of or damage or expense due to overload of the carrying land conveyance, wilful misconduct of the Assured, theft or burglary, inherent vice or nature of goods, damages resulting from delay, war of all kinds, rainwater damage

2- Land Transit Clause (Extended cover)

This type of insurance covers loss of or damage caused by fire and/or Collusion and/or overturning and/or breaking down of the Bridge under the land conveyance whilst crossing, theft/burglary and loading and unloading cover, and subject to general exclusions, most notably: Loss of or damage or expense due to overload of the carrying land conveyance, wilful misconduct of the Assured, theft or burglary, inherent vice or nature of goods, damages resulting from delay, war of all kinds.

• Owner name of the goods

• Full address (telephone - email address - mobile - city, profession etc..)

• Type of goods, type of packaging

• Carrier Name

• Value of goods

• Place of transfer and place of arrival

• Type of insurance coverage required

• Any other information requested by the Company
  

A work injury is any accident that occurs to an employee while performing their duties at work or due to work-related conditions that affect their health or safety.

The employee should immediately report the injury to the employer and seek appropriate medical treatment. The injury should be documented with a medical report, and an official report should be submitted to the relevant authorities.

The employer must provide medical care to the injured employee, pay work injury compensation, ensure a safe working environment, and report the injury to the relevant authorities.

Occupational diseases are illnesses that arise from work or the work environment, such as respiratory diseases or poisoning caused by exposure to harmful substances.

Compensation is calculated based on the degree of disability resulting from the injury and the nature of the injury. It is typically determined based on the medical report and the employee's average wage.

It is a type of engineering insurance that provides coverage against damage or loss to equipment and machinery used in construction and building projects due to risks such as fire, theft, sudden accidents, and natural disasters.

The contractor's plant and equipment insurance policy cover physical damage to the insured units caused by sudden, unexpected accidental events, excluding those explicitly excluded in the policy, while the equipment is on-site. The main risks covered by this type of insurance include:

• Fire, collision, overturning of equipment at the worksite, or falling into trenches, valleys, and excavations, soil slippage, falling rocks, and natural hazards such as floods, rain, storms, landslides, earthquakes, and volcanoes.

• Any other sudden, unexpected accidental events not listed in the exclusions.

• Accidents that may occur to the machinery and equipment during periods of rest, disassembly for cleaning or maintenance, and during reassembly.
  Coverage is not limited to the worksite and can extend to multiple locations.

No, contractor's plant and equipment insurance does not cover gradual wear and tear, malfunctions due to poor maintenance, or internal defects not resulting from a sudden accident.

Yes, rented equipment can be insured provided that the rental agreement is submitted, and the insurance responsibilities are clearly defined in the contract between the lessor and the lessee.

The value is determined based on:

• The original purchase price of the equipment.

• The current market value.

• The replacement cost with new or good-condition used equipment.

This type of insurance provides comprehensive coverage against all material losses and damages resulting from the operation of machines, electrical generators, and various production units or lines.
It offers protection against accidental material losses and damages that may affect machinery and equipment due to operational failures. Additionally, a separate policy can cover profit loss due to breakdowns and stoppages caused by risks included in the machinery breakdown policy.

• Sudden work accidents such as imbalance, loosening of parts, entry of foreign objects, lack of water in boilers, short circuits, power surges, design defects, material or manufacturing flaws, installation failures, operational errors, lack of skill, and negligence.

• Coverage is subject to the terms and exclusions stated in the insurance policy issued by the company.

In machinery breakdown insurance, the insured amount must always represent the replacement value, meaning the cost of a new machine of the same type, capacity, power, and other specifications.

Typically, insurance does not cover natural wear and tear or regular usage. It focuses on sudden and unexpected breakdowns.

• Completing the insurance application form.

• Providing accurate data about the condition of the machinery.

• Submitting the maintenance records and technical history of the equipment.

• Conducting a risk assessment based on the operational site and surrounding environmental conditions.