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 Business Interruption Coverage | Property All Risk policy
What is Business Interruption Coverage? This policy covers loss of gross profits or revenue as the case may be resulting due to a reduction in the turnover following a loss under the material damage policy (Fire or Property All Risk policy). There are four critical elements to business interruption insurance: It is only triggered in three limited circumstances There should be a physical (material) damage to the premises covered under the base ( Fire or Property All Risks ) policy which leads to suspension of its business operations and as a consequence, reduces the turnover leading to drop in Gross Profit. There is physical damage ...

Directors & Officers Liability Insurance
Directors & Officers Liability Insurance Managing a business enterprise has never been so challenging. The growing competitive landscape, the fear of failures & the stricter local and global regulations have kept the boards short of “throwing caution to the winds”. But, business being business, their managers do need the freedom to take decisions and engulf risks in the process. Business directors and senior officials. D & O (Director’s & Officer’s) Liability Insurance Policy D & O (Director’s & Officer’s) Liability Insurance Policy offers cover to the managers and indemnifies them for insured financial liabilities incurred while performing their duties. Apart from protecting individual managers, the policy can also offer reimbursements to the company ...

Insurance you Home Importance Benefits
INSURING YOU HOME: IMPORTANCE & BENEFITS Home Insurance is not a compulsory requirement in this part of the world but that doesn’t make it less important, especially if you have invested your lifetime savings in your dream home.We at Gargash believe that buying Home Insurance Policy is closely related to investing on an alternative accommodation. Should an unforeseen incident happen to your shelter, a Home Insurance can take care of your immediate relocation needs as well as replacing/reinstating the damaged structure to get you back into your normal life.According to an online info graphic survey, over 6 out of 10 (61%) residents in Dubai do not have home insurance. Thus ...

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