Liability Insurance
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Policies Sold
Proposal Details
What is Liability Insurance?
Liability insurance is a general insurance product which provides the protection against claims resulting from injury or damage to a third party due to the Insured’s business operations. This insurance covers you against the liability of paying a third party for causing bodily injury, property damage, financial harm, and other losses.
Why is group health insurance important for employees and employers?
Here's how a group health insurance policy benefits employers and employee:
Cost-effective coverage
Group health medical insurance plans generally command lower premiums than individual plans. This is because risk is distributed across a broader pool of employees. This makes a group health insurance policy cost-effective for employers, especially for small and medium-sized companies.
Tax Benefits
Contributions towards corporate health insurance premiums qualify for tax deduction under section 37(1) of the Income Tax Act. This results in a substantial reduction in your tax liability.
Features of eSanad Liability Insurance Policy
comprehensive liability insurance offers:
Broad Coverage
Policies tailored to cover a wide range of risks including public liability, professional indemnity, and product liability, ensuring no gap in protection.
Legal Defense Costs
We cover the legal fees incurred in defending a claim, which can often exceed the actual compensation amount. This includes lawyer fees and court costs.
Flexible Limits
Choose coverage limits that match your business size and risk exposure. We offer flexible options to suit SMEs as well as large corporations.
Worldwide Territory
For businesses with international operations, we can structure policies that provide coverage across different jurisdictions (subject to terms).
Quick Claims Settlement
Our dedicated claims team ensures that valid claims are processed efficiently, minimizing disruption to your business operations.
Other Types of Liability Insurance In UAE
Any business can fall prey to complex litigious situations arising due to third-party liabilities. Based on their requirement to mitigate the risk, insurance companies in UAE have various types of liability insurance policies in the market. The most common liability insurance policies are:
1.
Public Liability Insurance
Public Liability insurance covers legal liability towards damages to a third party who has suffered bodily injury or property damages on your premises. There are various types of Public Liability policies available; mandatory by law for companies handling hazards materials, Public liability Industrial policy – bought by manufacturing companies & Public Liability Non Industrial policy - bought by non-manufacturing companies.
2.
Product Liability Insurance
Product Liability insurance covers the legal liability towards damages to a third party who has suffered bodily injury or property damages due to the usage of your product
3.
Clinical Trial
Clinical Trials are a set of tests in medical research and drug development that generate safety and efficacy data for health intervention in human being. This plan offers protection for the insured against any damages and /compensation/expenses w.r.t. claims by Research Subjects for Injury/death.
4.
Kidnap & Ransom
When operating in a risky territories business often buy Kidnap and ransom cover for it's employees and their families. It pays for expenses incurred by the Insured in mitigating the crisis situation arising from Kidnapping; Extortion; Detention; Hijacking while they are on a business trip.
5.
Kidnap & Ransom
When operating in a risky territories business often buy Kidnap and ransom cover for it's employees and their families. It pays for expenses incurred by the Insured in mitigating the crisis situation arising from Kidnapping; Extortion; Detention; Hijacking while they are on a business trip.
6.
POSI
Public offering of securities insurance (POSI) protects the Issuer and all other relevant stakeholders of the Securities issues against legal liabilities arising out of the representations and warranties , public disclosures made in the prospectus , the coverage is for Legal costs , Fine and penalties and compensations awarded by a competent authority.
7.
Employee Dishonesty Insurance
It is an insurance policy that protects a business from direct financial losses resulting from criminal acts such as theft, embezzlement, forgery, or fraud done by an employee alone or in collision by a third-party. It can cover direct losses, legal fees and investigation costs.
8.
Mergers and acquisition (M&A)
Mergers and acquisition (M&A) insurance provides financial protection to corporates during M&A transactions. It covers risks associated with the transaction, such as legal claims, disputes, and unknown liabilities. It can also facilitate deals by providing comfort to buyers and sellers, reducing the need for escrow accounts and enhancing post-merger integration.
9.
Group cyber insurance
Group cyber insurance is an insurance policy that provides coverage to a group of individuals against losses resulting from cyber-attacks/breaches, Electronic Theft of funds, additionally it covers costs associated with data breaches, cyber extortion and other cyber-incidents.
10.
Corporate Cyber Insurance
A corporate cyber insurance policy covers your losses and business liability arising out of a cyber-security breach. The policy offers complete insurance protection to your business against cyber or digital risks that can result in a financial loss to the insured and reputational loss to a third party because of a breach in the insured’s systems.
11.
Mergers and acquisition (M&A)
When operating in a risky territories business often buy Kidnap and ransom cover for it's employees and their families. It pays for expenses incurred by the Insured in mitigating the crisis situation arising from Kidnapping; Extortion; Detention; Hijacking while they are on a business trip.
12.
Group cyber insurance
Group cyber insurance is an insurance policy that provides coverage to a group of individuals against losses resulting from cyber-attacks/breaches, Electronic Theft of funds, additionally it covers costs associated with data breaches, cyber extortion and other cyber-incidents.
Who Should Buy Group Health Insurance?
Small businesses
Group health insurance can offer multiple benefits for small businesses with approximately 20 to 50 employees. These companies often have limited resources. They may not have the financial flexibility to provide ext...Read More
Medium Businesses
Medium-sized firms with around 250 employees also benefit significantly from corporate health insurance. While they generally have more resources than small businesses, they still face similar challenges ...Read More
Large Businesses
Large businesses are companies that have with more than 250 employees. Though they have greater financial muscle for employee benefits, group mediclaim policy is an essential cog in the wheel of their benefit ...Read More
Buy Liability Insurance Policy.
Documents required typically include:
Trade License copy
Company Profile / Description of Activities
Details of Annual Turnover / Fees
Claim History (if applicable)
Staff numbers and roles (for Workmen's Comp)
Tenancy Contract (for Public Liability)
What is The Claiming Process for a Group Health Insurance Policy?
The claim process from a group health medical insurance plan is simple. All you need to do is:
1. Inform the insurer promptly. Use the various channels of communication. The earlier you inform, the better it is.
2. Submit the claim form and the necessary documents, including copies of reports, bills, and discharge summaries.
3. The insurance company will process the claim based on the claim form, documents provided, and the policy's terms and conditions.
Ensure you know your insurer’s claims process after you buy the policy.
Frequently Asked Questions
Liability insurance typically covers third-party bodily injury, third-party property damage, legal defense costs, compensation payouts, and accidental incidents caused by business operations or employees.
Public liability insurance is a type of liability insurance that protects businesses against claims made by third parties for injury, death, or property damage caused due to business activities.
Common types include public liability insurance, product liability insurance, professional indemnity insurance, employer’s liability insurance, and directors & officers liability insurance.
Liability insurance is essential for businesses of all sizes, including SMEs, contractors, freelancers, consultants, retailers, event organizers, and any company interacting with customers or the public.
Liability insurance is not mandatory for all businesses in the UAE, but it is often required by free zones, landlords, contracts, or specific industries such as construction and professional services.
Public liability insurance covers legal liability for third-party bodily injury, accidental death, and property damage, along with legal costs and compensation claims arising from business activities.
Common exclusions include intentional damage, employee injuries (covered under employer’s liability), professional errors (covered under professional indemnity), war and terrorism risks, and damage to your own property.
Coverage depends on the nature and size of your business, industry risks, and contractual requirements. Many SMEs in the UAE opt for coverage between AED 1 million to AED 5 million, while high-risk businesses may require higher limits.
Premiums are calculated based on business type, industry risk level, turnover, number of employees, coverage limits, claims history, and additional coverage options selected.
Yes. Liability insurance policies can be customized with add-ons such as product liability, tenant’s liability, work away extension, pollution liability, and advertising liability.
You can purchase liability insurance through eSanad by entering your business details, comparing quotes from multiple insurers, selecting the most suitable plan, and completing the purchase online.
Typically required documents include trade license, company details, business activity description, turnover information, employee details, and previous insurance records if applicable.
To file a claim, notify your insurer immediately, provide incident details, submit supporting documents such as reports, photos, and witness statements, and cooperate with the insurer during the investigation process.