Property insurance covers accidental damage to assets like buildings, stocks, plant & machinery, office, furniture & fixtures, and various other contents.

An ideal Property insurance policy also provides coverage for business interruption including Loss of profits, Increased cost of working, Loss of rent, Legal fees, Consulting fees e.g., architects or surveyors, disruption at suppliers’ and customers’ premises, public utilities, denial of access etc.

One can find a standard off the shelf Property All Risk & Business Interruption insurance in the market, however it is important that due importance is given to the type of risk, the evolving market conditions, suitable wordings etc.

DIOT-SIACI Middle East advises you on risk management, structuring bespoke insurance solutions and providing guidance on property valuations, which is an important item that often misses the attention.