AlKhaleej Takaful Insurance is a significant player in commercial property insurance market in the country. Our property insurance policies are designed to protect your various properties such as residential, industrial, and commercial properties of small, medium and large enterprises.
Al Khaleej Takaful Group offers the following insurance plans:
Under this insurance, the perils insured are:
a) Fire, lightning, explosion, storm, tempest, flood, bursting or overflowing of water tanks/apparatus or pipes, earthquake, air craft and other aerial devices or articles dropped therefrom, and impact by third party vehicles or animals.
b) Burglary due to forcible entry.
This Insurance cover extends beyond the standard fire insurance policy designed to protect your property against loss or damage caused by any accident or misfortune unless specifically excluded in the Policy. The property to be insured may consist of any physical assets like building, furniture, fixtures and fittings, plant and equipment, office equipment, etc.
This Insurance cover co-exists with Property Damage Policy. It is designed to cover your Loss of Profits/Revenue following damage to the Property covered underProperty Damage Policy. This policy covers you against standard expenses that you will incur during the period of interruption and the increased cost of working that may be incurredto quickly restore your business. (Eg: Renting alternate premises etc.)
This insurance is specially designed to meet the various insurance requirements of jewelers covering for loss of, or damage to, the insured property (i.e., jeweler, gold/silver ornaments, pearls, precious stones, cash, currency notes, watches, gold/silverware, etc.) by an insured peril
•What is Property Insurance?
Property All Risk Insurance offers the most comprehensive coverage. It is designed to cover your loss of profits / revenue following damage to the Property due to an insured peril covered under Property damage policy.
•What is not covered under Property Insurance policy?
The policy generally does not cover war & terrorism, losses arising out of nuclear weapons, radioactive contamination, normal wear & tear, money, cash, cheques & bullion, animals & plants, consequential losses, dishonest & fraudulent claims, unexplained & mysterious disappearance, losses from theft; however burglary is covered, gradual contamination & pollution etc. Moreover always refer in the policy &/or upon quote issuance.
*Note: please refer back to the terms and conditions of your chosen policy, exclusions and limitations may apply depending on the insurance plan.
Property Insurance Claim
Alkhaleej Takaful Insurance Claim Executives will be glad to assist you with the relevant claims procedure. As soon as a mishap occurs which might result into a claim, please intimate our Non-Motor Claims Department immediately in the email provided herein. While intimating the claim, please ensure to provide the following minimum details:
Contact Details: Name, Mobile No., Telephone No., Email, etc.
Location of loss
Cause of loss, approximate loss amount (if available), etc.
among other relevant details.
Once the claim is registered in the system, inspection of the claim will done by our in-house surveyors (wherever necessary) and our claims handlers would communicate with you subsequently for the required claim supporting documents or appointment of external claims handlers as the case may be. A claim reference as well as the relevant claim form will be provided during this process.
Upon receipt of required documents / external claims handlers reports, the claim will be reviewed and processed for settlement after completing the necessary formalities and settlement would be effected at the soonest possible times.
Al Khaleej has a dedicated team of qualified professionals with necessary experience and expertise in handling claims to ensure fair, hassle free and prompt settlement of claims.
You may call +974-4404 1111OR visit our office (Al Khaleej Takaful Group Building) in Grand Hamad Street