Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company

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Yacht & Boat Insurance in Dubai UAE – SALAMA – Islamic Arab Insurance Company Contact Details, Telephone Numbers, Website, Address, Location Map, Direction, Photos, Videos, Opening Hours, Email Address, Sale Promotions, Offers & Deals.

SALAMA – Islamic Arab Insurance Company

Address: 4th Floor, Block A, Spectrum Building, Oud Metha, Sheikh Rashid Road, Dubai, United Arab Emirates
Tel: +97143577000
Email: Customerservices.gt@salama.ae
Website: www.salama.ae

Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company

Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company – Yachts & Boats insurance covers Hull & Machinery, Collision and Legal Liabilities.

Hull & Machinery Insurance provides limited or comprehensive insurance for loss or damage to vessel against loss or physical damage. Coverage extends to all equipment that is mounted on the boat or used to operate it safely. Such equipment includes horns, lights, dinghies, boat & motor covers, signaling devices, depth finders, ship to shore radios, and boat furniture. Most policies also extend coverage to trailers that are designed for and used to transport the boat.

Collision & Legal Liabilities covers damage where an insured is legally obligated to pay arising out of the ownership or use of a covered vessel.

Boats can be insured for an agreed value amount, or, on an actual cash value (market value) basis. Engines are usually insured for replacement cost.

Perils covered are Losses and/or damages caused by;
• Perils of the seas, rivers, lakes or other navigable waters
• Fire, jettison and piracy
• Contact with dock or harbor, land conveyance
• Explosions
• Malicious acts
• Theft of the entire vessel or her boat(s) or outboard motor(s)
• Latent detects in hull or machinery
• Loss or damage to any other vessel or property
• Loss of life, personal injury or illness
• Removal or destruction of wreck

The following extensions can also be considered on request but, subject to additional premium and at terms and conditions agreed;
• Outboard motor dropping off or falling overboard
• Personal effects
• Liability to or incurred by any person engaged in water skiing or similar activities
• War and strikes risks
• Machinery damage
• Inland transit risks

Premiums are based on age, construction, navigation equipments, purpose of usage [private or commercial], passenger capacity, previous loss history etc.

SALAMA – Islamic Arab Insurance Company

SALAMA – Islamic Arab Insurance Company – Strong Foundations for a Better Future

SALAMA – Islamic Arab Insurance Company is a leading provider of Shari’ah compliant Takaful solutions around the world. Right from our incorporation in 1979 in Dubai, UAE as pioneers in the Takaful industry, to our present day distinction as the world’s largest Takaful and Re-Takaful Company, we have always stayed true to our values and principles.

Our vision is to provide Shari’ah-compliant Takaful solutions of the highest standard to customers around the world. Therefore, our every endeavor over the last 33 years has given us the solid reputation of providing the most competitive and diverse portfolio of Takaful solutions .Our stability and success can be attributed to our strategy of focusing on core business areas.

SALAMA has a paid-up capital of AED 1.21 billion (USD 330 Million) and is listed in the Dubai Financial Market under the symbol “SALAMA”. BEST-Re, our Tunis-based operation, is the world’s largest Re-Takaful company, operating in more than 60 countries.

We serve both individual and institutional customers through our extensive global network. At present, we have 6 direct Takaful companies who provide Takaful solutions to customers based in UAE, Saudi Arabia, Egypt, Senegal, Algeria and Jordan.

We’re expanding our product portfolio in terms of the breadth of our offering as well as geographically in order to increase our footprint in the

Securing our Future together.
UAE is a central point having best of the East and West and over the time it has become the kind of hub that allows SALAMA to nurture and access international workforce to operate up to international standards. Takaful, is about dealing with the changing attitude of Muslims on religious or faith grounds, so UAE is a good platform for Shari’ah compliant Takaful solutions. As the country grows and develops, keeping track of the changes is essential and Muslims in UAE today stress on Shari’ah-compliant products and services, which allows us to deliver the best to the best.

SALAMA is UAE’s specialized Takaful company and is one of the few Takaful operators offering comprehensive range of General, Family and Health Takaful solutions to Individual, families and companies. Our credibility, reputation for quality, high standards of service and access to the Takaful’s best practices mean that SALAMA is uniquely placed to provide access to quality and affordable Takaful solutions. As SALAMA continues to expand its customer base we are dedicated to become the Takaful operator of choice. Personalized service, customer dedication and development of Shari’ah compliant products that fulfil our customers’ needs are just some of the new promises that we are making.

Mission
To be the leading provider of innovative and customized Takaful solutions backed by strong financial and human resources.

Vision
To achieve a global leadership in Takaful and Re-Takaful industry in terms of market share and/or shareholders’ equity.

Value Statements
• We are committed to follow Shari’ah principles in conduct of our business.
• We are customer focused, aiming to provide highest quality of service against international benchmark.
• We are committed to apply highest ethical standards in dealing with all stakeholders. We should be guided by the ethical principles of honesty, integrity, fairness and trustworthiness.
• We aim to achieve operational excellence to maximize stakeholders value.
• We aim to create a professional and open environment where employees’ contributions are recognized, valued and rewarded.
• We encourage and support employees to undertake initiatives leading to their professional development and growth within the company.
• We will invest in our employees.
• We encourage ambitious goal-setting and support their achievement by all the required resources, with clear responsibilities and accountabilities.

SALAMA – Islamic Arab Insurance Company

Address: 4th Floor, Block A, Spectrum Building, Oud Metha, Sheikh Rashid Road, Dubai, United Arab Emirates
Tel: +97143577000
Email: Customerservices.gt@salama.ae
Website: www.salama.ae

Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company Dubai UAE | Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company Contact Details, Reviews, Location Map, Telephone Number, Address, Working Hours, Photos & Videos of Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab Insurance Company in Dubai UAE. Find Yacht & Boat Insurance Dubai by SALAMA – Islamic Arab 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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