Business owners often buy a package called “Property All Risk” (PAR) and assume it covers literally “All Risks.” Then a pandemic happens. Or a sandstorm. Or a supplier goes bankrupt. And the insurer says: “Excluded.” To audit your own business survival plan, you need to understand the stark difference between “Standard Cover” and “Critical Extensions.” … Read more
If you run a cafe, a flower shop, or a consultancy in Dubai, you probably have three things: A Trade License. Health Insurance for your staff. Fire Insurance for your office. You think you are covered. But the world has changed. The thief is no longer smashing your shop window to steal cash from the … Read more
You have a fire in your warehouse. You have a “Property All-Risk” policy. You report it. You expect money in 14 days to rebuild. The reality? 3 to 6 months. Why? Is the insurer holding the cash to earn interest? Usually, no. The delay comes from the complexity of proving business losses in a region … Read more
You start a company with your best friend. 50/50 Partners. You work hard for 10 years. The company is now worth AED 10 Million. Life is good. Then, tragically, your partner dies in a car accident. In the UK or USA, the shares might pass to a Trust, or you might have a smooth Buy-Sell … Read more
You have Health Insurance for your staff. You think: “If they get sick or injured, they are covered.” Wrong. Health Insurance covers illness and standard accidents. It does NOT cover work-related injuries, disability compensation, or legal liability if an employee sues you for “Unsafe Working Conditions.” This gap is called Workmen’s Compensation. And ignoring it … Read more