Casualty Insurance from AIG UAE

Worker’s compensation covers any occupational sickness or accidents arising during the course of employment, including medical expenses and loss of wages for either bodily injury or the death of an employee as per relevant Labor Laws. Employer’s liability pays additional compensation over and above the workers compensation benefits upon a court judgment of negligence on the part of the employer.

Why Worker's Compensation and Employer's Liability Insurance?

Worker's compensation and employer's liability insurance is compulsory for most countries, and businesses are often required to display a statutory certificate of insurance at all places of work.

In today's world of litigation, companies and other organisations are more likely to find themselves held liable for accidents that cause injury to their employees. At the same time, compensation payments granted to a claimant by courts have generally become very high, meaning that the cost of worker's compensation and employer's liability indemnities to businesses can be massive.

Managing employee health and safety risks are an important factor in controlling operational costs and protecting company assets

Umbrella and excess liability cover provides excess limits over and above any other underlying liability coverage forms or policies. In addition, it may also include coverage not included or provided by such forms or policies.

Why Umbrella & Excess Liability Insurance?

Umbrella and excess liability policies can be a cost-effective and practical way of adding another layer of protection to any other liability policies that your business holds, including general liabilities (public and products liability, and completed operations), employer's liability and motor third party liabilities. A claim that is in excess of the limit provided by the primary policy can then be indemnified by the umbrella and excess policy, in line with the terms and conditions agreed.

AIG excess liability insurance can be obtained even when we do not insure the primary layer of the risk.

Commercial General Liability

Pays for sums the insured becomes legally Obligated to pay as  damages to third party arising out of the Insured's business.

• Covered third party claims/losses:
• Bodily Injury
• Property Damage
• Emergency Medical Expenses

Employer’s Liability

Insurance product for Employers that protects them from major financial loss if a worker experiences a job-related injury or illness that Workmen’s Compensation doesn't cover.

Addition of Workmen’s Compensation coverage can be considered on request, subject to local laws and regulations of the county or jurisdiction concerned

Auto Liability

Pays for sums the insured becomes legally Obligated to pay as damages to third party arising out of the use of a motor vehicle during the course of Insured's business.

• Covered third party claims/losses:
• Bodily Injury
• Property Damage
• Emergency Medical Expenses

Excess Umbrella Liability

Provides excess limits over and above any other underlying liability coverage forms or policies. In addition, it may also include coverage not included or provided in underlying coverage forms or policies.