Protecting your property is one of the key risk management aspect any company should plan and implement into their Operations.

You need to know that steps you have been taken to address risk no matter how small or severe the event will be and that you will have the resources to resume back to your normal operations at the earliest.

Tokio Marine has the expertise to provide tailored Property and Business Interruption insurance solutions.

An “All Risks” cover which protects your property against accidental loss or damage unless the situation is specifically excluded. This covers your assets such as Building, Plant & Machinery, Computer or IT Equipment, Contents, Fixtures, Fittings, Stocks, and other assets for which the values are declared.

Major Perils which come under the scope of cover are

  • Fire
  • Lightning
  • Explosion Theft
  • Bursting or overflowing of pipes and water tanks
  • Acts of God
  • Strikes
  • Riot and Civil Commotion
  • Damage due to Aerial objects.

Further the associated Business interruption insurance is designed to protect your organization from losses caused by an insured event or incident that forces you to close your premises for an extended period of time. It effectively returns your business to the same financial position it was in before the event occurred, allowing the quickest possible resumption of business to normalcy.

This product is ideal for:

  • Large and mid-sized corporations with locations in UAE
  • Office buildings, Metal working, Retail & Trading, Printing, Plastic parts manufacturing, Paper Products manufacturing.
  • General manufacturing, Food & Beverage
  • Healthcare, Pharmaceutical
  • Hotels and Resorts, Convention centers, Stadiums, Education Institution like Schools & Universities.
  • Basic industrial chemicals, cement & concrete products manufacturing.
  • Telecommunication, Media & Publishing Firms.

Major Exclusion

  • Fundamental Risk such as War & Terrorism.
  • Machinery Breakdown /Risk Due to Communicable disease.
  • Nuclear Risk/Radioactive materials