Comprehensive Casualty & Liability Insurance Solutions
Shield Your Business from Risks. We offer Coverages that bring Financial Protection and Peace of Mind Against Unexpected Liabilities.
What is Casualty & Liability Insurance?
“Colemont be there to bring in insurance that handle any risks that come your way as your company grows and becomes more powerful.”
Regardless of what the contemporary world throws at you, including cyber-related hazards and even terrorist threats, Insurance will keep your business running. We have the expertise, products, and knowledge to safeguard with best and tailored insurance available for you when it counts.
Our Insurance Programs for Casualty & Liability Include
FAQs About Casualty and Liability Insurance In UAE
Is casualty insurance the same as liability insurance?
Essentially, yes. In the UAE market, you will more commonly hear the specific product names like Public Liability, Workmen’s Compensation, or Professional Indemnity. If a broker mentions “Casualty Insurance,” they are referring to policies that protect you when you are legally responsible for injury or damage to others.
What would a casualty insurance policy cover?
It covers the costs if your business is sued. This includes:
(i) Legal Defense Fees: Lawyer bills and court costs.
(ii) Settlements/Judgments: The money you are ordered to pay to the injured party.
Is casualty insurance mandatory in the UAE?
The term “Casualty” itself isn’t mandatory, but specific types of casualty insurance are:
(i) Workmen’s Compensation: Mandatory for all employers to cover staff injuries.
(ii) Motor Third-Party Liability: Mandatory for all vehicle owners.
(iii) Public Liability: Often mandatory to renew trade licenses in many Free Zones (like DMCC or JAFZA) and for construction projects.
How much does casualty insurance cost in the UAE?
It is generally affordable for small businesses.
(i) Public Liability: For a standard small office, premiums often range from AED 750 – AED 1,500 per year for AED 1 million coverage.
(ii) Workmen’s Compensation: Typically calculated as a small percentage (e.g., 0.05% – 1%) of your total annual payroll.
How to get liability insurance?
You generally cannot buy business liability insurance instantly online like car insurance. You must contact an insurance broker or insurer directly. You will need to provide your Trade License, details of your business activities, and your annual turnover revenue to get a quote.
Is it worth getting casualty insurance through a broker?
Yes. Liability policies are complex legal contracts. A broker ensures your policy matches your specific trade license activity (e.g., ensuring “Hot Works” are covered for a contractor). If you are sued, the broker is essential in managing the legal correspondence with the insurer to ensure your defense is funded.
Who needs casualty insurance?
Almost every business.
(i) Retailers/Restaurants: In case a customer is injured on-site.
(ii) Contractors: In case they damage a client’s property.
(iii) Professionals (Doctors/Engineers): In case they give bad advice or make errors (Professional Indemnity).
(iv) Employers: To cover liability for employee work injuries.
How to check casualty insurance online in UAE?
Unlike car or health insurance, there is no central government portal to check general business liability status. You must verify it by:
(i) Logging into your Free Zone/DED license portal (if you uploaded the certificate for renewal).
(ii) Checking directly with your insurance broker.
(iii) Reviewing the Certificate of Insurance that should be displayed in your office premises.
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