Aamali Program

Aamali Program (My Business Program) aims at protecting Small to Medium Enterprises (SMEs) from risks that may be the main cause for putting these SMEs out of business. Aamali protects your business and the continuity of your operations by providing comprehensive insurance coverage that meets all your insurance needs, and guarantees rapid indemnity that prevents interruption of your work.

Coverage & Benefits:

1.Comprehensive insurance protection against fire and the below additional perils:

• Burglary by forcible means (entrance and/or exist)
• Explosion
• Storms and/or tempests and/or floods and/or earthquakes
• Riots, strikes, and malicious damage. The maximum limit of indemnity is 25% of the total sum insured any one accident and/or in the aggregate during the policy period.
• Aircraft damage
• Impact damage
• Bursting of pipes and overflowing of water tanks

2.Covering the insured’s Legal Liability towards landlord and/or neighbors with a maximum limit of indemnity JD 5000 any one accident and/or in the aggregate during the policy period

3.Covering loss of profit

4.Covering the apparatus that caused fire

5.Covering billboards against fire only

Rates:

1.250 per mille of total sum insured, and with a minimum premium amount of JD 100 (taxes, stamps, and issuance charges included).).

* Additional Coverage :

• The option of covering electronic equipment with a maximum sum insured JD 20,000, subject to an additional premium of JD 50.
• The option of covering plate glass against the risk of fracture as per GIG-Jordan Company’s standard policy wording with a maximum limit of indemnity JD 5,000 any one accident and/or in the aggregate during the policy period, subject to an additional premium amount of JD 25
• The option of covering cash while inside a safe fixed to the wall up to JD 10,000 and subject to an additional premium amount of JD 50
• The option of covering Legal Liability towards third party with a maximum limit of indemnity JD 10,000 for property damage and/or bodily injuries, and JD 500 for medical expenses, subject to an additional premium JD 50
• The option of covering political violence under a separate policy and preferential prices.

* Deductibles each and every loss:

• 1% of total sum insured minimum JD 1000 in case of claims due to earthquakes and/or storms and/or tempests and/or floods each and every loss.
• JD 250 for other insured perils and for plate glass and electronic equipment each and every loss.
• Third party liability policy: 10% of claim amount minimum JD 150 for property damage and 10% of claim amount minimum JD 50 for medical expenses each and every loss.
• Loss of profit: first 7 days each and every loss

* Above prices include taxes, stamps and issuance charges.