Product Liability Insurance
If you are one of the manufacturers who supply the products, you may be concerned that your product may cause harm to others, whether to properties or lives; as any defect, no matter how small, may result in significant claims to be filed. In this case, Aljazira Takaful’s Product Liability Insurance Policy provided is very important to the product manufacturers; as the Policy does not only protect your establishment from claims, but also covers the legal expenses associated with defending such claims against your establishment.
Main Coverages of the Product Liability Insurance Policy
- The Company is committed to compensate for all the amounts that the Insured is required to pay, including the legal expenses incurred for the defense at the court.
- Compensation for the legal liability towards any other party that arises as a result of physical injury or material damage; because of the product that the Insured sold, received, distributed, transported, repaired or provided a service related to it.
It is well-known that the establishment of assets can take years of diligent hard work, and a single case of theft may complicate matters financially; however, Aljazira Takaful’s Theft Insurance Policy ensures that you maintain your properties and have the peace of mind you deserve.
Main Coverages of the Theft Insurance Policy
- Loss or damage to properties indicated in the Policy’s table; as a result of theft or attempted theft by coercion; through entering or exiting the sites by force and using violence.
- Damage resulting from theft following the actual entry by using force and violence; or the threats to enter the site(s) that the Insured is responsible for, by using force and violence.
Workers’ Compensation and Employer’s Liability Insurance
In a rapidly evolving global working environment, the employee’s rights are witnessing a rapid progress; and in order to protect establishments from the threat of costly prosecutions and huge compensations, Aljazira Takaful will bear this burden through the Workers’ Compensation and Employer’s Liability Insurance Policy.
Main Coverages of the Workers’ Compensation and Employer’s Liability Insurance Policy
- The Insured’s compensation for all the amounts, for which he will be held legally liable, to any employee within the insurance coverage’s validity period, if that employee is exposed to any illness or physical injury due to work.
Additional Benefits of the Workers’ Compensation and Employer’s Liability Insurance Policy
- Comprehensive insurance coverage for all the statutory requirements of the employers.
- The Company will bear all the costs and expenses incurred upon its prior written consent.
- Compensation for death, permanent total and partial disability, and temporary disability of employees while at work.
- Optional coverage of the treatment expenses and the body repatriation expenses in the event of death.
Occupational Hazards Insurance
Regardless of whether you are an accountant or a travel agent, it is important to ensure that you are financially protected in case someone wishes to file a lawsuit against you for the services you have provided, and this what Aljazira Takaful guarantees for you through the Occupational Hazards Insurance Policy.
Main Coverages of the Occupational Hazards Insurance Policy
- Compensation for any claim that is filed first for any violation of a duty of any occupation; as a result of negligence, error, omission or failure committed or allegedly committed by the Insured, or any person who worked for the Insured at the time.
- Compensation for the costs and expenses incurred with the Insured’s prior consent; in order to defend and/or settle any claim.
- Accountants and Auditors.
Group Travel Risks Insurance
Whether it is a long vacation or a business trip, and although travelling abroad in itself is fun and beneficial, it is always accompanied by the responsibility of making the trip safe. Your desire to travel without trouble is what the Aljazira Takaful’s travel insurance would provide for you through the Group Travel Risks Policy; as you may lose your passport or be exposed to sudden illness (God forbid), or even your travel bags and luggage may be delayed or lost. This Policy relieves you of this burden and guarantees you a happy journey without any trouble.
Main Coverages of the Group Travel Risks Insurance Policy
- Personal accidents.
- Treatment and emergency expenses.
- Personal documents and money.
- Personal liability.
Breach of Trust and Fraud Insurance
The fraud and breach of trust incidents in the contractual obligations are part of the business world, and there is no doubt that you seek - as an employer - to protect your practical interests from the risks of the unscrupulous people who are tempted to tamper with your interests; but do not worry, Aljazira Takaful Company will bear this trouble and provide you with the Breach of Trust and Fraud Insurance Policy; in order to protect you and your practical interests.
Main Coverages of the Breach of Trust and Fraud Insurance Policy
- This Policy insures against the loss suffered by the Insured; as a result of loss of funds or goods due to theft, fraud or breach of trust committed by any of the Insured’s employees, for the purpose of achieving an illegal material gain during the Insured's employment.
Glass Panel Risks Insurance
The glass of the exhibitions, show windows, office display windows, and other key components are expensive, in addition to their breakability and crushability from the risks they may be exposed thereto. Aljazira Takaful’s Glass Panel Risks Insurance Policy came to provide insurance coverage for the accidental breakage of glass at the work sites from any reason other than what is specifically excluded in the Policy.
Main Coverages of the Glass Panel Risks Insurance Policy
- This Policy guarantees that the Insured will be compensated for the loss or damage caused by the breakage of the fixed glass panels as a result of any external means, other than the specifically excluded cases.
Money is the backbone of any business, and this business needs money to be transferred in multiple manners, whether in cash, cheques or remittances, etc. You may even need to keep cash money in your offices, and there is no doubt that all these operations are at risk of loss or misuse. Protect your money from all these risks through the Money Insurance Policy issued by the Aljazira Takaful Company.
Main Coverages of the Money Insurance Policy
- Loss of the Insured's money or the money that he is legally liable thereto; as a result of an accident, calamity, looting, theft or attempted threat, during their presence in the following locations:
- Outside the safe.
- A safe locked with determined specifications.
- During the transport operations:
- Fees / wages.
- Other movable properties.
- Loss or damage to a safe or a secure room; as a result of theft or attempted theft.
Personal Accidents Risks Insurance
Employee accidents are considered an intellectually exhausting matter to the employer; and at the same time, giving attention to the employees and their families plays a big role in raising their performance and loyalty towards their establishment. Aljazira Takaful’s Personal Accident Risks Insurance Policy relieves you of this burden and provides peace of mind and financial security for you, your employees and their families; as the Policy provides compensation in the event of the employee’s death or disability; due to an injury in an accident anywhere around the world.
Main Coverages of the Personal Accidents Risks Insurance Policy
- The coverage table includes the following:
- Death that occurs within 12 months of the accident.
- Persistent partial disability.
- Persistent total disability.
- Temporary total disability.
- Treatment expenses.
- Permanent total disability.
Benefits of the Personal Accidents Risks Insurance Policy
- The Company’s compensation for the family in the event of death; as a result of an accident.
- Compensation for your employees in the event of injury, whether permanent or temporary.
- The Policy is usable worldwide.
- Coverage can be extended to include treatment expenses resulting from an accident.
General Liability Insurance
There is no doubt that employers always seek to develop their business to achieve growth and profitability; and as long as life goes on, everyone is susceptible to accidents; as one of the clients may slip and fall on a wet floor at the work sites; the matter which will result in bearing his treatment expenses at the hospital. Furthermore, the exposure to third-party risks and the responsibilities that you will be held liable for under the law may also lead to an interruption of promising work; and here comes Aljazira Takaful Company to relieve you of this burden and guarantee you peace of mind through the General Liability Insurance Policy; as it provides you and your business with the best protection from the legal liabilities.
Main Coverages of the General Liability Insurance Policy
- The Company compensates the Insured for the liabilities that he will be held accountable for by way of compensation, and that is in regards to the following:
- An accidental physical injury in an accident involving a third party.
- An accidental loss or damage in the third-party’s properties.
Benefits of the General Liability Insurance Policy
- The Company also pays all the costs and expenses incurred by the Plaintiff, or the costs and expenses incurred with the Company's consent in regards to any claim.
- The Company is responsible for the accidents caused by the omission or negligence of the Insured or his employees during the course of their work.