• COVER YOUR BUSINESS RISKS

    Safeguard your business with a range of business insurance options

  • GET PUBLIC LIABILITY INSURANCE

    A Public Liability Insurance Policy covers your legal liability (including legal defense costs and expenses) for death, bodily injury, and/or property damage to any third party arising out of or in connection with your business

  • GET PROFESSIONAL INDEMNITY INSURANCE

    The Professional Indemnity (PI) cover provides indemnity against legal liability (including legal costs and expenses) for negligent acts, errors, breach of duty or omission arising out of professional activities.

  • GET PROPERTY ALL RISK INSURANCE

    This is an "All Risks" policy to cover accidental or physical loss, destruction or damage to the insured property subject to specified

  • GET CONTRACTORS ALL RISK INSURANCE

    Contractors All Risks [CAR] Insurance protects the interests of principal, contractors, subcontractors and other relevant parties involved in construction activities

  • GET WORKMEN'S COMPENSATION INSURANCE

    Workmen's Compensation Insurance is designed to protect the employer against their obligations under UAE labour law and provides compensation to employees for accidental death and injury

  • GET MARINE INSURANCE

    Marine Insurance covers accidental loss or damage sustained by cargo during transport via air, land, sea or post

KEY FEATURES OF BUSINESS INSURANCE

  • Public Liability Insurance

    A Public Liability Insurance policy can be customized to your needs, covering liabilities beyond your business premises, including tenant or landlord risks. It can also be expanded into a Commercial General Liability policy by adding Product Liability coverage.

  • Professional Indemnity Insurance

    Professional Indemnity Insurance covers professionals engaged in intellectual work, such as lawyers, consultants, accountants, engineers, architects, and IT consultants. It can be taken for specific projects or on an annual basis.

  • Property All Risk Insurance

    A Property All Risk Insurance policy offers broader coverage than a standard Fire and Allied Perils policy. It protects against major risks, including fire, accidental damage, natural disasters, theft by forced entry, and water-related damage.

  • Contractors All Risk Insurance

    Contractors All Risk Insurance covers either a specific project or all projects a contractor undertakes in a year. It has two sections: one for material damage to contract works, equipment, and surrounding property, and another for legal liability due to third-party injury, death, or property damage from the project.

  • Workmen's Compensation Insurance

    A Workmen's Compensation policy covers employees for death, injury, disability, and medical expenses due to work-related accidents. It can also include an Employer's Liability Extension to protect employers from claims by employees or their families.

  • Marine Insurance

    Marine Insurance safeguards businesses against cargo loss or damage during domestic and international transportation. It covers aircraft, vessels, and marine operations, providing flexible solutions for ship operators, yacht owners, importers, exporters, and traders.

  • Office Package Insurance

    The Office Package Insurance bundles multiple coverages—Property Damage, Business Interruption, Liability, Workmen's Compensation, Money Insurance, Fidelity Guarantee, and more—into a single policy with one expiry date, simplifying management for business owners.

  • Trade Credit Insurance

    Trade credit insurance protects businesses from losses due to unpaid invoices, whether caused by customer insolvency, bankruptcy, or payment delays. If a customer fails to pay within a set period, the insurer covers part or all of the outstanding amount, ensuring business continuity.

  • Cyber Risk Insurance

    Cyber Risk Insurance prevents business interruption due to cybercrimes, privacy abuse, information hacking, or malware. It is an essential requirement for companies operating in this digital age dealing with bulk information.

GET YOUR INSURANCE IN 5 STEPS

  • Complete the form

    (It takes just 2 mins)

  • Fill in your details

  • We will get back to you with customized quotes and options

  • Choose the plan that is right for you

  • Receive your Business Insurance

HEAR WHAT OUR CUSTOMERS SAY ABOUT US

  • I highly recommend Gargash Insurance Services company for anyone looking for efficient and reliable insurance services. Thank you for the outstanding service!

    Surajan CV

  • An exceptional and fantastic service from Gargash team. In particular, I would commend SAYED MOHAMMED HASSAN for his resourcefulness and timely help for my insurance requirements. He ensured that the entire transaction went through even beyond his standard work timings. He has raised the bar in customer service. Kudos!

    Saji Chacko

  • We, Commander Diesel Trading had an excellent & satisfied experience with Gargash Insurance Services. On this special day of INTERNATIONAL MEN’S DAY, We want to appreciate Mr. Abdul Sajid from Sharjah branch , marketing department. He is always our go to for any insurance services. He is timely, patient, trustworthy & punctual. We’ve been dealing with him for the past 2 years. The part that I must highlight the most is that, there is no hassle or stress for us to bear as Mr. Sajid takes care of everything & answers to any of our queries or worries on his leave days also. We would bravely recommend our friends, families and anyone reading this review to deal with Mr. Abdul Sajid for any insurance services.

    Patrick Hernandez

  • Team worked hard to get my claim processed despite the challenges. I am thankful to Gargash Insurance for all their help and support extended.

    Vrishab Saraf

  • Customer service was too good and one of the best brokers in UAE

    Redlines International Services LLC Redlines

  • Mr. Abdul Sajid from the Sharjah branch is dealing all our insurance services & we are highly satisfied and happy with his services. We have two companies, Macher International General Trading L.L.C & Burj Al Buhaira Auto New Spare Parts Trading L.L.C. Few days ago, we sold two of our vehicles & casually told Mr. Sajid about this, that is when he told us that we could a refund on our insurance if we cancel it, that is when we learned about this. He helped us with the cancellation and made sure we got our refund. I am extremely happy about this.

    SPARE PARTS DXB

OUR ESTEEMED INSURANCE PARTENERS

What do you need to know about different Business Insurance policies?

1. Who needs to take Public Liability Insurance Policy?

The insurance should be taken by any and every business because every business has a duty of care towards third parties.

2. Does Public Liability Insurance cover public fees?

Yes, the coverage includes the awarded liability and legal and defense costs.

3. Is a Public Liability insurance complusory in the UAE?

No. But it is mandatory in many freezones. It is always better to check with your insurance broker whether it is mandatory for you.

4. Who can take a Professional Indemnity Policy?

Any organization who are into intellectual works can take this policy. This includes Architects, Consultants, Engineers, Lawyers, Chartered Accountants, software companies, etc.

5. Can Medical Establishments or profesionals take this a Professional Indemnity Insurance policy?

No medical establishments and professionals cannot take the Professional Indemnity insurance policy. For medical professionals and establishments, there is a separate insurance policy called Medical Malpractice Insurance policy.

6. Are project specific policies available for Professional Indemnity Insurance?

Yes, Professional Indemnity policies for specific project is common especially for Engineering contracts.

7. What is the difference between a Fire and allied perils policy & a Propert All Risk Insurance Policy?

A Fire and allied perils policy covers certain perils which are specifically named, like fire, lightning, etc. A PAR Policy covers all risks apart from certain exclusions which are specifically mentioned.

8. What are the various properties that can be insured under Property All Risk Insurance?

Any operational property like a factory, warehouse, building, tower, mall, apartment, villa etc can be insured.

9. On what values should I insure my properties with a Property All Risk Insurance Policy?

For fixed assets like buildings, you should insure at the current replacement value. For stocks, you can insure at market value.

10. Who can take a (CAR) Construction All Risk Insurance policy?

A Construction All Risk Insurance policy can be taken by the contractor, the principle, a subcontractor, or any other party to a contract. Most popularly, it is the contractor who takes this policy.

11. What happens if I have taken a Construction All Risk Insurance policy and the project is extended beyond the policy?

The Construction All Risk Insurance policy can be extended to cover this extension period subject to the acceptance of the underwriters.

12. What is the difference between a Construction All Risk insurance policy and Erection All Risk insurance policy?

A Construction All Risk insurance policy is offered when the construction is primarily civil. However, if the project is an electro-mechanical project, the correct policy is Erection All Risk insurance policy

13. Under Workmen's Compensation Insurance, what should constitute the Estimated Annual wages that needs to be declared?

The annual gross wages should be declared. The loss of wages compensation is based on this value declared, and if only the basic wages is declared, the compensation can be less.

14. Is the Workmen's Compensation Policy mandatory?

The Workmen's Compensation insurance policy is mandatory in various free zones in the UAE.

15. Does the Workmen's Compensation Insurance Policy cover natural death?

No. The Workmen's Compensation policy covers accidental death. To cover natural death, the ideal insurance policy is Group Life & Personal Accident Insurance (GLPA). You can find more about Group Life Insurance here 

16. Is Marine Insurance mandatory in UAE?

Marine insurance coverage is not a mandatory requirement for maritime businesses in the UAE. However, purchasing marine insurance will ensure to protect your company from financial liabilities and damage to goods.

17. How to submit a Marine Insurance claim?

The process of submitting a claim involves reporting the incident or sending a 'Notice of Loss' to the responsible parties. The next step is reporting the claim and document submission, following which the loss and damage incurred will be assessed.

18. How to calculate Marine Insurance premiums?

Marine Insurance premiums are calculated by determining the cost of freight (CIF) plus 10% costs of escalation. The costs also depend on the type of cargo, mode of transit, packing arrangements, vessel type, and ports.

19. Why is it called an Office Package Insurance policy or a combined insurance policy?

It is called an office package policy since various covers are packaged into one single policy.

20. Do all sections of an an Office Package Insurance policy needs to be selected?

No, you can select the covers as per your requirements.

21. Is Office Package Insurance policy only for offices?

Yes. This is only for offices. However, other package policies are available for Shops, Restaurants etc.

22. When is Cyber Insurance required?

Businesses that handle sensitive and confidential information about the company or customers should have cyber insurance coverage. Cyber risk insurance will cover the costs of data restoration and protect the company from legal liabilities.

23. Who needs Cyber Security Insurance?

Cybercrimes are rampant everywhere and can affect businesses, no matter the size or location. Therefore, cyber security insurance is especially important for companies with large customer databases, as they are at higher risk of cyber-attacks and data breaches. Companies with valuable digital assets should also get cyber risk insurance to protect their revenue from loss due to ransomware attacks.

24. What is the risk of not having Cyber Insurance?

Cyber risk insurance ensures that businesses operate without interruption as they have the necessary coverage to make up for any losses brought on by cyber-attacks. Cyber insurance also protects companies from liabilities and costs incurred by customers or third parties due to cyber-attacks and privacy violations.