Property Insurance
Protect your business assets against unexpected loss or damage with JICO’s Property Insurance solutions. Designed to safeguard buildings, machinery, equipment, stock, and other business assets, our comprehensive coverage helps businesses recover from unforeseen events while maintaining financial stability and operational continuity.
Fire and Allied Perils Insurance
Protect your property against fire and other named perils that may result in physical loss or damage.
As one of the most fundamental forms of property insurance, Fire & Allied Perils Insurance provides protection for commercial, industrial, and residential properties against a range of insured perils.
Coverage includes:
- Fire.
- Lightning.
- Explosion.
- Storm, tempest and flood.
- Earthquake.
- Damage resulting from Civil Aircrafts.
- Bursting of water pipes and overflowing of water tanks.
- Theft and burglary by forcible and violent entry and/or exit.
- Impact damage caused by third party vehicles.
- Strikes, riots, and civil commotion.
Assets covered may include:
- Buildings.
- Machinery and equipment.
- Furniture and fixtures.
- Stock and goods.
- Tools.
- Office contents and other insured property.
Property All Risks Insurance
Protect your business against accidental physical loss or damage with broader coverage than standard fire insurance.
Property All Risks Insurance provides comprehensive protection against accidental losses or damage to insured property, except for those specifically excluded under the policy.
Coverage includes:
- Accidental physical loss or damage to insured property.
- Business interruption or loss of profits following a covered loss.
- Loss of rental income resulting from a covered event.
- Third-party legal liability (where applicable).
- Strikes, riots, and civil commotion (SRCC).
- Malicious damage resulting from SRCC.
Note:
Business interruption and loss of rent are covered for up to 12 months, or the agreed indemnity period, subject to the sums insured stated in the policy.
Ensuring Business Continuity
Protecting your Business from Unexpected Losses
Business Interruption Insurance
Protect your business from the financial impact of temporary operational disruptions following an insured property loss.
Coverage includes:
- Loss of gross profit or business income.
- Ongoing operating and fixed expenses.
- Loss resulting from interruption caused by an insured property loss.
Note:
The sum insured is determined based on the business’s annual gross profit and fixed operating expenses.
Client Reviews
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time
Rand Al Sakka
Customer
Very prompt response to my initial enquiry – extremely helpful and professional staff.
They gave me the most suited package for me and for my 3 children
Khalid Abu Al Hija
Customer
My family left Saudi Arabia this summer. It was not easy being this far away from them.
Ahmad from JICO really helped me pick the best possible package!
Mariam Taha
Customer
I’ve never had to waite inline at a pharmacy and I’ve always been able to secure my monthly dosage with
My Chronic medications are delivered to the pharmacy each month right on time
FAQ Section
Questions mostly asked by our customers with answers to
help you better understand our insurance.
What is an engineering insurance policy?
Engineers insurance will cover all the electrical equipment and machinery you use in your work. Your engineer insurance will cover equipment away from your business premises and you don’t usually have to itemise individual items of equipment.
What does contractors all risk insurance cover?
What is contractors all risk insurance? Contractors’ all risk (CAR) insurance offers you coverage for property damage and third-party claims of injury or damage. These are the main risks associated with most construction projects, which is where you’re most likely to find contractors at work.
What are the types of engineering insurance?
Storage Cum Erection (all risks)
Contractor’s All Risks Insurance.
Machinery Breakdown Insurance.
Boiler Explosion.
Electronic Equipment Insurance.