Hospitality businesses need a comprehensive insurance policy.
The policy should include the covers listed below for complete business protection.
- Property Damage (all risks)
- Business Interruption
- Machinery Breakdown
- Deterioration of Stocks
- Infidelity of Employees (Fidelity Guarantee)
- Workmen’s Compensation as per UAE Labor Law
- Money in Safe/Transit/Premises
- Public/Legal Liability (including Tenants/ Landlord’s / Neighbors Recourse and loss of/or damage to personal effects / guest effects / safe deposits are extended to be covered hereunder)
- Group Personal Accident Insurance (covering Death/Permanent Total Disability/Partial Permanent Disability/Medical Expenses/Repatriation Expenses due to accident)
- Electronic Equipment Insurance