Fire Insurance:
Policies cover insurance against damages caused by fire, lightning, wind, hurricanes, earthquakes, house explosions, damage caused by the fall of aircraft and all that is customary and usually included as part of fire insurance.
Accident Insurance:
Policies cover insurance against personal accidents, work related accident insurance, theft, breach of trust, embezzlement, looting, car and passenger insurance, civil liability insurance, and all that is customary and usually included as part of accident insurance.
Marine and Aviation Insurance:
Polices covers damages related to marine hull, aviation and aircrafts including cargo or any insurable items related to marine hull, aviation, aircrafts, aviation materials, cargo, luggage, money and passengers travelling overland, sea, air or any other means of traveling. It also covers warehousing insurance.
Life Insurance:
- Policies cover insurance related to human life and term insurance including disability, old age and all types of insurance and related thereto.
- Provide various types of annual pensions in all categories including life insurance or otherwise, limited, unlimited period or immediately paid, general, accidental or other type of pension.
- To contract with tenants, borrowers, annually paid employees or otherwise to establish, process, pay, capitalize, renew or monitor the capital required for the use of its proceeds or any other reserve accounts, whether for a single payment or installments or otherwise as per the agreed upon terms or limits.
- Reinsurance related to all types of insurance performed by the Company.
- Carry out all types of operations related to the company’s business in order to achieve its objectives.
- Own movable assets and real estate required to carry out the Company’s activities within the limits permitted by law.
- Utilize the Company's surplus to invest it in financial portfolios managed by specialized companies.
- The Company may carry out the above stated objectives in Kuwait or abroad, on its behalf or representing third parties.
- The Company may have an interest with entities that carry out businesses similar to its own or that may be conducive in assisting its objectives, and it may buy, participate in, associate with or merge with such entities.
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