Contents/Fine Arts All Risks:
specialist cover that provides protection against physical loss &/or damage from a wide range of perils. Certain risks are excluded.

Holiday Homes in Europe & Middle East:
comprehensive insurance for secondary properties in Europe or the Middle East.

Household Comprehensive:
covers the insured private dwellings, including buildings, household contents and personal belongings against loss or damage caused by a wide range of perils, as well as third party liability.

Jewellery All Risks:
insurance for personal jewellery &/or watches against physical loss or damage, at home &/or worldwide, from a wide range of perils. Certain risks are excluded.

Critical Illness:
Will pay you a lump sum on diagnosis and survival of a serious illness.

Private Jets:
policies usually cover the aircraft (the hull), the liabilities to passengers and to others, where the jet is for private use.

Private Yachts:
policies usually cover the hull, the liabilities to passengers and to others, where the yacht is for private use.

Private Motor:
Insurance for private cars used for social and domestic purposes, and for business purposes.

Personal Accident:
Provides compensation in the event of an accident causing death or injury.

Travel Insurance:
Policy that provides cover for a specific period against, Accidental Death, Liability, Medical, Loss of Luggage, Passport, Cancellation etc, whilst on business or holiday.

List of Definitions

Aviation:
policies usually cover the aircraft (the hull), the liabilities to passengers and to others.

Consequential Loss:
covers the loss of profits of a business or the additional expenditure necessary after the physical property has been damaged by an insured peril.

Contingency:
covers the cost of an event should it not take place for reasons beyond the insured control.

Contractors All Risks:
provides compensation to the contractor in the event of damage to the construction works from a wide range of perils, prior to the completion of the works. Certain risks are excluded.

Credit Insurance:
covers traders against losses by reason of insolvency or protracted default on the part of buyers of their goods.

Directors & Officers Liability:
covers a company officer or director against the risk of being sued for negligence in operating the company.

Electronic Equipment All Risks:
covers accidental physical loss and/or damage to the subject matter insured from any cause subject to the exclusions of the policy.

Employers Liability:
covers an employer against damages payable to an injured employee or representatives of an employee that is fatally injured as a result of negligence by the employer.

Erection All Risks:
covers the insured against the loss of or damage to plant and machinery during the course of installation, and any third party liability arising out of the process. Certain risks are excluded.

Fidelity Guarantee:
covers the insured against direct pecuniary loss sustained as a result of fraud or dishonesty by an employee

Goods in Transit:
provides compensation to the owner of the goods if the goods are damaged or lost while in transit.

Group Life:
arranged by employers to provide cover for employees in the event of their death during their term of service with the employer. Payment of the sum assured is made on death provided death occurs with a specified period.

Group Pension Plan:
provides a variety of benefits for members, but main aim is to guarantee a pension is available on retirement.

Key Man:
provides protection for a company against unexpectedly losing the services of a key member of staff, whether the loss is due to death, disability or critical illness.

Liabilities:
covers the need to pay damages to someone who suffers injury or loss, which they can prove resulted from the insured negligence.

Machinery All Risks:
covers the insured against unforeseen and sudden physical loss or damage to the machinery whilst being used as a tool of trade. Certain risks are excluded.

Marine Cargo & Hull:
these are insured against perils such as fire, theft, collision, and a wide range of other related perils.

Money Insurance:
covers the insured against money being stolen from the business premises, the insured home, or while it is being carried to or from the bank.

Motor Comprehensive:
covers accidental loss or damage to own vehicle and legal liability to pay compensation to third parties for death and/or bodily injury and/or third party property damage.

Permanent Health Insurance:
covers the insured for loss of income until retirement, due to accident &/or sickness.

Personal Accident:
provides compensation in the event of an accident causing death or injury.

Product Guarantee:
covers the insurer against the cost of financial penalties &/or losses due to product failure.

Professional Indemnity:
covers liability arising out of professional negligence.

Property All Risks:
covers property (buildings, machinery and stock) against a wide range of perils, including fire and theft. Certain risks are excluded.

Travel:
Policy that provides cover for a specific period against, Accidental Death, Liability, Medical, Loss of Luggage, Passport, Cancellation etc, whilst on business or holiday.

Workmen Compensation:
as per UAE Labour Law No 8 of 1980, covers the insured against the risk of an employee sustaining personal injury or disease by accident, in the course of employment.

Critical Illness:
Will pay you a lump sum on diagnosis and survival of a serious illness.

Education Planning:
savings plan to provide funding for primary, secondary or university education.

Family & Income Protection:
provides the family with a specific income on the death of the life assured.

Loan Protection & Repayment:
policy tied to a loan where, in the event of death of the life assured, the loan will be repaid.

Low Cost Whole of Life:
whole of life policy (see above) that provides maximum cover for the longest possible period of time, for a specific premium.

Unique Protection Plans for Children:
Provides Life &/or Critical Illness for children from the age of 1. Then Plan can also be tailor made to include Education Planning and Saving. Benefits can be Index-linked to take inflation into account.

Whole of Life with Investment:
life insurance where payment of the sum assured is made on death, whenever this may occur. The policy has an investment element.

Trust and Estate Planning:
WIS can help with Trust and Estate Planning, which ensures that if anything happens to you, your wishes will be fulfilled. In addition, Trust and Estate planning is also useful tool for managing assets and reducing tax liability.

Mortgage Service:  

1. Before approaching lenders, we will carry out a thorough financial analysis to determine if you qualify for a mortgage, and the amount you can borrow.  
    

2. On your instruction, we can then proceed with arranging the mortgage, dealing with all the paperwork and correspondence required to set it up.
     

3. Our excellent working relationship with the lending institutions allows us to negotiate better terms for you, reduce the waiting time, and thus speed up your application and its approval.  
    

4. We will protect your mortgage by recommending the best available Protection Plan, and we will secure your property ownership by providing comprehensive Estate Planning advice. 
    

5. What is the cost to you? Our Fee is 2% of Loan amount with a minimum of AED 1000 and a maximum of AED 5000. 
    

6. WIS will refund the FEE once we arrange the Protection Plan for you and the policy is issued.
    
7. WIS can also assist you by recommending the most suitable Home Insurance Policy to cover your home.

To find out more about the services we provide our Private Clients, and for a hassle free mortgage, please call us on (4) 324 2345 and ask for Mortgages.

We look forward to being of service.

With medical treatment costs increasing, and governments looking to reduce their expenditure on free healthcare, Medical Insurance is now a "must-have protection" for Individuals, Families and Groups. The Medical Insurance Market is also awash with many providers offering various Plans with a multitude of Options. Selecting the Plan and Option is becoming harder and more confusing.

After carefully studying what is available locally and internationally, we have selected only the Plans from those insurance companies that we believe offer the best Individual & Group Medical Schemes. By that we mean the best Cover, Options. Term/Conditions, Pricing and most importantly, Claims Service and Security.

We have more than 20 different plans available, some offering a cash-less facility and on-line claims tracking.

Before we submit any terms/quotes, we will discuss with you your exact requirements then, we will provide you with the various options available, as well as our recommendations.