Find the Best SME Insurance in UAE

What is SME Insurance?

Small and Medium Enterprises (popularly known as SMEs) are considered the backbone of any developed economy. SMEs are exposed to many potential risks due to under insurance or no insurance. For example, a natural disaster can cause permanent damage to the assets of SMEs disrupting the entire business. SME package solutions can help the owner cover these unexpected losses and move forward with the business operations.

SME Insurance allows business owners to focus on the core business activity and relieve themselves of any possible losses associated with various risks that the business might face over time. SME package insurance is an end to end risk management solution that ensures business continuity and prosperity.

SME Package Solutions

SME package solution is a combination of multiple insurances combined together as part of the SME insurance plan bought by the enterprise. SME package solutions help the insured to cover multiple risks associated with SMEs. It is usually a cheaper alternative when compared to buying each insurance cover individually. It helps businesses enjoy peace of mind and help them concentrate on the core business activities.

Before looking to fix a specific SME package solution, it is advised that the business take time to identify the possible risk areas that will affect them. The next step would be to check in insurance aggregators like Policyhouse.com to know more about the available insurance combinations that best suit the business.

Why Buy SME Package Solutions from policyhouse.com?

policyhouse.com gives its customers an opportunity to buy insurance from the comfort of their house or store. On the basis of the information provided by the customer, he/she has the opportunity to get access to some of the best SME package solutions available at the specified price point. The customer has the opportunity to compare the different options available in the market, analyze the positives and negatives of each package, and finally come to a conclusion. Buying and intimating the claim process procedure is also very easy with policyhouse.com, we have a dedicated customer service team to help you at every part of the process. Policyhouse.com thus ensures end to end satisfaction for its customers.

Types of SME Insurances

There are different types of insurance available in the UAE. The SME owners usually club multiple insurances together to make what is popularly known as SME package solutions. These package solutions help businesses to cover multiple risks that might affect the business.

Some of the most commonly sought after insurance policies in Dubai include the following:

• 1

  Liability Insurance

  Liability insurance is a cover that protects organizations against the legal liability caused to the third party. It is quite popular in the manufacturing, construction, and warehousing industries. It usually includes accidental deaths, property damages or loss, other injuries, and so on.

• 2

  Marine Insurance

  Marine insurance helps to cover the losses or damages that occurred to goods in transit. The losses or damages to goods transported through multiple channels like airways, roadways, and railways come under this category.

• 3

  Burglary Insurance

  Burglary insurance compensates financially for the loss or damages caused due to theft. The insurance policy usually covers jewelry, cash, and other valuable items mentioned in the insurance policy.

• 4

  Fire Insurance

  Fire insurance as the name suggests covers all the losses and damages incurred due to the fire breakouts

• 5

  Cargo Insurance

  Cargo insurance helps cover for the cost of physical damages and losses from any external cause while in transit (during shipment via land, air, or sea).

• 6

  Workmen’s Compensation Insurance

  Workmen’s Compensation Insurance covers the statutory liability that the employer is responsible to meet in case of a serious accident to the employee while performing his duty.