Property Insurance - GCC

AlKoot Insurance and Reinsurance offers insurance solutions specifically designed to protect your property against risks that can lead to loss or damage, ultimately affecting your resources. Whether you own a manufacturing facility, a trading house, a tower, an office, or a villa, we are dedicated to providing comprehensive protection that meets your unique needs in the GCC region.

Our property insurance includes two primary coverages:

● Fire and Allied Perils Insurance

● Property All Risks Insurance

These coverages protect against man-made and natural threats, including fire, theft, burglary, storms, floods, and earthquakes. They apply to various fixed assets used for trading, manufacturing, and residential purposes, encompassing buildings, inventory, furniture, and fixtures.

Additionally, our policies can include coverage for business interruption resulting from material damage, ensuring that your operations remain resilient in the face of unforeseen events.

We provide flexible property insurance solutions suitable for large, medium, or small enterprises. This allows you to have an insurance plan that aligns with your specific circumstances and

operational requirements in the GCC market. Trust AlKoot to safeguard your assets and support your business continuity.

Machinery Breakdown (MDB) Insurance: This policy covers the breakdown of machinery and equipment. It includes coverage for the costs associated with repairing or replacing damaged machinery, as well as compensation for lost income while the machinery is out of commission