Yes, the majority of providers will let you adjust your policy as your business grows or changes. If you buy new equipment or begin providing new services, for example, you can typically purchase additional coverage to remain protected

It is totally understandable. When you decided to move or change your business location within the UAE, it is advisable to inform your insurance service provider. This ensures your coverage is accurate and reflects the new risks at your new location (high-risk areas) or changes in the value of your property. This ensures your coverage is accurate and reflects the new risks at your new location.

Yes, there are several exclusions that you should know about regarding the SME package policy

• Any loss or damage resulting from regular wear and tear, gradual deterioration, or hidden flaws that develop over time.
• Loss or damage resulting from actions taken by a legally recognised authority or government body.
• In cases of underinsurance, if the actual value of the insured property at the time of a claim exceeds the sum insured, the payout will be adjusted proportionally to reflect the difference.

Let’s break down the steps to file a claim on a package policy:

• Notify CoverB

Contact CoverB as soon as the incident occurs. Quick reporting ensures the claims process starts promptly.

• Document the Incident

Gather all the necessary details about what happened, when it happened, and the extent of the damage. Take photos, collect receipts, and keep records of any related communication or evidence. These documents will support your claim.

• Review Your Policy

Go through your package policy to understand what is covered and the limits of your coverage. Knowing this will help you set realistic expectations for the claim process.

• Follow the Guidance

Once you’ve reported the incident, CoverB will guide you on the next steps. This may include submitting a claims form, providing additional documents, or arranging an inspection.

• Stay in Communication

Keep in touch with CoverB throughout the process. Respond promptly to any requests for information or clarification to avoid delays.

• Track Your Claim’s Progress

Regular updates will keep you informed about timelines and outcomes.

• Be Prepared for Settlement

Once your claim is processed and approved, they will explain the settlement process. Ensure you understand the terms and ask questions if needed.

• Tailored Coverage for Your Needs
  CoverB provides office insurance packages from top insurers, giving you the flexibility to customise policies and select the coverage that suits your unique business requirements.
• Expert Advice You Can Trust
  The dedicated account manager team at CoverB is here to guide you every step of the way, offering clear and personalised support to help you understand and manage your office insurance policy.
• Unmatched Pricing Options
  CoverB brings you competitive quotes for your insurance, ensuring you get comprehensive protection at the best value.
• Seamless Claims Assistance
  We make the claims process stress-free, providing end-to-end support to help you navigate and resolve claims quickly and efficiently.
• 24/7 Customer Support
  With CoverB, you’re never alone. Our round-the-clock service ensures that assistance is always available for policy questions, updates, or emergencies.

Advantages of choosing a package policy include:

• Protect Your Property
  SME package policy provides wide-ranging coverage for damage to your property, equipment, and inventory caused by events like fires, theft, or natural disasters. It provides peace of mind knowing your business is well protected.

• Convenience
  Managing multiple insurance policies can be overwhelming and time-consuming. An SME package policy combines different types of coverage. It includes property insurance, liability protection, business interruption Etc..

• Secure Your Income
  SME package insurance provides business interruption coverage to compensate for lost income if your office is temporarily unusable due to a covered event.

• Support Your Team
  Provides workers’ compensation to cover medical expenses or lost wages for employees injured or ill due to work-related incidents.

• Cost-saving
  Bundling multiple coverages into one policy often comes with cost savings. Instead of paying for separate policies from different providers, an SME package policy can be more affordable while still providing protection.

• Scalability
  As your business grows, your insurance needs may change. A SME package policy can easily be updated or expanded to include new coverages, ensuring your business continues to be fully protected as it evolves.

If you run a small or mid-scale business, a package policy would be the ideal option, acting as a shield to protect against various risks and uncertainties.