Machinery Loss of Profits Dubai by Al Wathba National Insurance Company

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  • Ground Floor, Shop No.2, Sultan Business Centre, Oud Metha Road, near Lamcy Plaza, P.O. Box: 6807, Dubai, United Arab Emirates
  • +97142522110
  • dubai@awnic.com
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Machinery Loss of Profits in Dubai UAE – Al Wathba National Insurance Company Contact Details, Telephone Numbers, Website, Address, Location Map, Direction, Photos, Videos, Opening Hours, Email Address, Sale Promotions, Offers & Deals.

Al Wathba National Insurance Company

Address: Ground Floor, Shop No.2, Sultan Business Centre, Oud Metha Road, near Lamcy Plaza, P.O. Box: 6807, Dubai, United Arab Emirates
Tel: +97142522110
Fax: +97142522113
Email: dubai@awnic.com
Website: www.awnic.com

Machinery Loss of Profits Dubai by Al Wathba National Insurance Company

Machinery Loss of Profits Dubai by Al Wathba National Insurance Company – Loss of Profits following Machinery Breakdown [LOP]. It is designed to provide coverage for the actual loss of profits, sustained as a result of business interruption caused by an accident, indemnifiable under the Machinery Breakdown Insurance Policy.

The consequential loss following a breakdown of a machinery, plant or equipment due to a sudden and unforeseen event would sometimes be worse than the extent of physical damage. Production and business comes to a stand still sometimes, but fixed expenses such as salary, wages, interest on capital, rent etc., will continue to be incurred resulting in loss of gross profits and increased cost of working during the interruption period.

In order to have a full understanding of the terms listed below as well as the nature and scope of coverage under the policy, we recommend customers and prospects to study the conditions, exclusions and definitions stated in the policy or contact our technical staff in Engineering Insurance Department.

• Gross Profit
• Net Profit
• Standing Charges
• Annual Turnover
• Limit and Period of Indemnity
• Monetary Excess
• Time Excess

Premium rate is influenced by factors such as total turnover, Limit [gross profits selected], period of indemnity, voluntary time excess, nature & type of risk, location, industry experience , previous loss history etc.,

Al Wathba National Insurance Company

Al Wathba National Insurance Company – AWNIC’s Board headed by H.E Sheikh Saif Bin Mohammed Bin Butti Al Hamed as Chairman and Mr. Rashid Bin Darwish Al Ketbi as Dy.Chairman & Managing Director has a clear Vision to take the company to the status of “the choicest insurer” in UAE. AWNIC commands an image of being a professionally managed organisation with innovative ideas and the adaptability to the changes and challenges of the global market.

Established in 1996, the Company’s growth has been consistent and the Financial Data speak for the same.AWNIC underwrites all types of General insurance Products and is well supported by a panel of highly rated international Reinsurers.

With a focus on achieving “customer satisfaction”,AWNIC has consistently been a proactive and “Quality” conscious organisation with a more systematic approach towards delivery of quality products and services. The Company also makes continuous market study & research for the development of new and innovative products aimed at satisfying the needs of different segments and niche markets as well.

Products
• Car Insurance
Medical Insurance.
• Home Insurance .
• Motor Insurance
• Property Insurance
• Travel Insurance
• UAE Visit Visa Insurance
• Yacht Insurance
• Engineering Insurance
• Marine Hull Insurance
• Marine Cargo Insurance
• Energy Insurance
• Liability Insurance
• Aviation Insurance
• Space Insurance

Al Wathba National Insurance Company

Address: Ground Floor, Shop No.2, Sultan Business Centre, Oud Metha Road, near Lamcy Plaza, P.O. Box: 6807, Dubai, United Arab Emirates
Tel: +97142522110
Fax: +97142522113
Email: dubai@awnic.com
Website: www.awnic.com

Machinery Loss of Profits Dubai by Al Wathba National Insurance Company Dubai UAE | Machinery Loss of Profits Dubai by Al Wathba National Insurance Company Contact Details, Reviews, Location Map, Telephone Number, Address, Working Hours, Photos & Videos of Machinery Loss of Profits Dubai by Al Wathba National Insurance Company in Dubai UAE. Find Machinery Loss of Profits Dubai by Al Wathba National Insurance Company in Dubai business directory with contact details, telephone numbers, email addresses, websites, location maps, driving directions, deals, offers, prices, costs, reviews and ratings.

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