Property Insurance

Property Insurance — Protection for Your Most Valuable Assets 

At AlKoot, we understand how important your property is—whether it’s your home, office, industrial facility, or commercial space. That’s why we offer comprehensive insurance solutions designed to protect your assets from unexpected risks like fire, theft, natural disasters, and more. 

 Our policies are flexible and tailored to meet the unique needs of residential, commercial, and industrial clients, ensuring you have the right coverage to suit your property and peace of mind. With AlKoot by your side, you can focus on what matters most, knowing you’re financially protected against potential disruptions. 

 Our property insurance covers: 

● Buildings, contents, and valuable assets.
● Fire, storms, floods, theft, and other natural or accidental perils.
● Options tailored to residential, commercial, and industrial properties.
● Fast claims handling and dependable support whenever you need us.

 Core Property Insurance Policies: 

 1. Fire and Allied Perils Insurance 
Protects against loss or damage caused by: 

● Fire, lightning, and domestic explosions.
● Storms, floods, and tempests.
● Bursting of pipes or water tanks.
● Earthquakes.
● Objects falling from aircraft or aerial devices.
● Strike, riot, and civil commotion.
● Vehicle impact damage.
● Subsidence and landslides.

 2. Property All Risks Insurance 
Offers broad protection against all risks except those explicitly excluded. This is a widely trusted policy, including London Market 7 (LM7) wording. 

 3. Business Interruption Insurance 
Helps keep your business financially stable if operations are disrupted by insured events like fire or natural disasters. This covers: 

● Lost income during temporary closures.
● Fixed operating expenses such as rent and salaries.
● Costs associated with temporary relocation.
● Assistance with business recovery and restoration.

Note: Business Interruption Insurance is designed to complement Property All Risks Insurance and cannot be purchased separately. 

4. Electronic Equipment Insurance- Securing the Digital Heartbeat of Your Enterprise. 
In an era where Qatar's businesses now run on smart technology which means your electronic infrastructure is not just an asset, it is the operation itself. Our All-Risk Electronic Equipment Policy safeguards your servers, communication networks, and data processing hardware against unforeseen physical loss, breakdown, external damage, and theft. 

● Material Damage: Repair or replacement coverage for sudden, unforeseen physical loss.
● External Data Media: Protection for recovering critical data and restoring damaged media.
● Increased Cost of Working: Financial support to keep operations running and prevent business interruption following an accident.

5. Home Guard-Preserving the Sanctity of Your Sanctuary. 
Your home is more than a residence; it is your family's sanctuary. Our "Home Guard" policy offers a comprehensive, combined protection framework for your residential property and its contents. Tailored for Qatar's modern lifestyle, this policy covers structural damage and provides optional extensions to safeguard high-value personal possessions and cover domestic helpers against workplace accidents and liability.

6. SME Guard-Comprehensive Armor for Your Growing Enterprise 
Small and Medium Enterprises are the engine of Qatar's economic diversification. Our "SME Guard" is a bespoke package policy consolidates your primary operational exposures into a single, robust insurance solution. 

● Tailored Extensions: We empower you to scale your coverage seamlessly by adding Electronic Equipment, Machinery Breakdown, Goods in Transit, Public Liability, Personal Accident, Money Insurance, and Fidelity Guarantee as your business grows.

 Important Exclusions 

Please note that the following are generally excluded from coverage: 

● Loss or damage due to war, nuclear risks, or radioactive contamination.
● Deterioration of stock.
● Damage to electrical/electronic equipment caused by overload or short-circuit.
● Machinery breakdown.
● Property under construction.
● Property destruction by public authority order.

 With AlKoot’s property insurance, you gain a trusted partner who understands the value of your assets and is committed to protecting them every step of the way. 

For quotes and inquiries, please reach us at rfq-gi@alkoot.com.qa .