Property Insurance

Wala’a provides a comprehensive insurance solution to cover the property

Property All Risks

Wala’a provides a comprehensive insurance solution to cover the property of the insured against any eventuality. Property insurance can be classified into the following sub-classes;
  • Property all risk
  • Fire And Allied Perils
  • Home Insurance
  • Loss of Profit
  • Property Terrorism

Property All Risk

This policy provides coverage against accidental physical loss or damage to the property due to any cause including fire and special perils and consequential losses associated with the perils insured.

 

Fire And Allied Perils

This policy provides coverage for insured subject against accidental physical loss or damage to property caused by fire, lightning, explosion, impact damage, natural catastrophes
and other names perils that could be added by agreement.

 

Home Insurance

This policy provides coverage for households against risks of fire, lightning, earthquake, explosion, riot, labor disturbances, malicious persons, aircraft damage, impact damage, escape of water, burglary, as well as other risks including householder as a tenant i.e. loss of rent for the landlord.

 

Loss of Profit

This policy provides coverage for loss of profit, and increased cost of working, arising from losses admissible under a fire and allied perils policy, PAR policy, CAR policy, and MBD policy.

 

Property Terrorism

Terrorism insurance is insurance to cover their potential losses and liabilities that might occur due to terrorist activities on the insured property.

 

REQUESTS FORMS – PROPERTY INSURANCE

PROPERTY ALL RISK INSURANCE (PAR)  -  DOWNLOAD FORM
HOME INSURANCE  -  DOWNLOAD FORM

Types Of Coverage

Property All Risks

This policy provides coverage against accidental physical loss or damage to the property due to any cause including fire and special perils and consequential losses associated with the perils insured.

Home Insurance

This policy provides coverage for households against risks of fire, lightning, earthquake, explosion, riot, labor disturbances, malicious persons, aircraft damage, impact damage, escape of water, burglary, as well as other risks including householder as a tenant i.e. loss of rent for the landlord.

Fire And Allied Perils

This policy provides coverage for insured subject against accidental physical loss or damage to property caused by fire, lightning, explosion, impact damage, natural catastrophes and other names perils which could by added by agreement.

Loss of Profit

This policy provides coverage for loss of profit, and increased cost of working, arising from losses admissible under a fire and allied perils policy, PAR policy, CAR policy and MBD policy.

Property Terrorism

Terrorism insurance is insurance to cover their potential losses and liabilities that might occur due to terrorist activities on the insured property.

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