FGA Insurance Corporate

The Fire & Allied Perils Insurance cover loss or damage to buildings, contents and stocks due to Fire and natural perils.

The cover can be extended to include loss of income following an interruption of business activity due to damage to the insured property by a peril covered under the policy. The cover can also be extended to include losses arising from riots, strikes, malicious damage, and civil commotion.

PAR policy provides a broader coverage than Fire &Allied Perils. This policy covers accidental loss or damage to the insured property. All perils not specifically excluded under the policy are covered.

The cover can be extended to include loss of income following an interruption of business activity due to damage to the insured property by a peril not specifically excluded under the policy.

The cover can also be extended to include losses arising from riots, strikes, malicious damage, and civil commotion.

To provide cover for the material damage & business interruption as a result of Political Violence including Sabotage and Terrorism.

Legal liability arising out of bodily injury to or loss or damage to Property of third Parties following an act of Terrorism covered under the Terrorism Property Insurance.

To provide protection against losses or damage caused to property contained in a premises as a result of break-in by violent entry /exit.

This policy covers loss or damage to the insured household properties and contents in dwellings caused by Fire, Theft, Water damage and other allied perils including theft by violent and forcible entry/exit.

This Policy provides coverage for the employees of the Insured against bodily injury due to accidents occurring at the work place including Transportation from residence to work place and vice versa. The benefits are as per Kuwait Labour Law.

To provide compensation of legal liability of the employer towards employees for personal injury by accident that may occur during and in the course of employment with the insured. This is an add on cover to the Normal Workmen’s Compensation Policy.

GTPL policy insures accidental bodily injury or accidental damage to property of a third party caused by the Insured in course of his business activities. Contractors also avail this policy for the maintenance or service contacts when the contract does not include any construction or erection work.

This Policy covers damage to any contract works including construction plant and equipment and also liability towards third parties and Principal’s existing and surrounding properties. The policy covers the construction period plus the maintenance period.

EAR policy is designed to cover loss or damage arising out of the erection and installation of machinery and plant, including physical damage to the contract works, equipment and machinery, third-party bodily injury or property damage liability arising during the erection work. The policy covers the construction period plus the maintenance period.

This Policy insures machinery belonging to the Insured including contractors’ plant and machinery against loss or damage within the site of construction

MBD policy insures unforeseen and sudden physical loss or damage to machinery due to defects in casting and material, faulty design, bad workmanship, lack of skill, carelessness, physical explosion, short circuit or storm.

Policy Purpose
To provide coverage for the insurer against any loss or damage to goods insured caused by deterioration due to unforeseen circumstances.

Brief Write-up
This policy provides indemnity against loss due to deterioration of goods placed in storage, which might arise due to a breakdown of machinery responsible for the goods well being. This policy can only be taken out in connection with a machinery breakdown policy. The policy includes deterioration damage due to multiple factors as a consequence of the machinery breakdown.

Benefits
As per policy

Coverage
As per policy

This Policy covers loss or damage to electronic equipment, damage to data and records and costs incurred to retrieve and recover lost data and records.

Boiler Policy covers loss or damage to boilers and pressure vessels in industries and factories due to explosion. The policy also covers damage to surrounding properties and liabilities towards Third Parties for bodily injury and property damage.

To provide compensation in the event of the death of or disablement to the policyholder due to an accident.

This policy covers loss of money in the course of transit or while kept in the office safes.

FG Policy covers loss of money or goods belonging to the insured due to infidelity or dishonesty of employees.

Policy Purpose
To provide local business’s with coverage in the event of loss or damage to neon signage.

Brief Write-up
The policy is taken out to cover the costs incurred for such events as fire, theft, vandalism, flood, wind or hailstorms that may affect the positioning & functioning of neon signage at company premises’.

Benefits
As per policy

Coverage
As per policy

This Policy insures machinery belonging to the Insured including contractors’ plant and machinery against loss or damage within the site of construction

Policy Purpose
To provide local shops with cover in case of accidental loss or damage to the plate glass that is completely & securely fixed in the premises.

Brief Write-up
The policy is designed to cover the cost of replacement of plate glass in shops with certain exclusions.

Benefits
As per policy

Coverage
As per policy

MBD policy insures unforeseen and sudden physical loss or damage to machinery due to defects in casting and material, faulty design, bad workmanship, lack of skill, carelessness, physical explosion, short circuit or storm.

This policy is designed to protect Professionals like (Medical Practitioners, Engineering Companies and Architects, Accountants, Lawyers, etc.) against legal liability as a direct result of breach of professional duty due to any negligent act, error or omission committed by the insured or their employees during the performance of their professional services.

This policy is for financial institutions such as Banks etc. The policy provides cover in respect of infidelity of employees, loss of property while the property covered is within any of the insured’s premises or in transit, loss resulting directly from forgery or alteration, counterfeit currencies and other risks to which financial institutions are exposed.

To provide the insured and his family medical and travel assistance coverage whilst abroad including hospitalization and repatriation.

Provides protection to private companies and their directors, officers, and employees against a wide array of claims brought by their competitors, customers, business partners, and regulators. Recent enhancements respond to the changing legal environment and provide essential protection for companies and their leadership.