Property Insurance

Property Insurance — Protection for Your Most Valuable Assets 

At AlKoot, we understand how important your property is—whether it’s your home, office, industrial facility, or commercial space. That’s why we offer comprehensive insurance solutions designed to protect your assets from unexpected risks like fire, theft, natural disasters, and more. 

 Our policies are flexible and tailored to meet the unique needs of residential, commercial, and industrial clients, ensuring you have the right coverage to suit your property and peace of mind. With AlKoot by your side, you can focus on what matters most, knowing you’re financially protected against potential disruptions. 

 Our property insurance covers: 

• Buildings, contents, and valuable assets
• Fire, storms, floods, theft, and other natural or accidental perils
• Options tailored to residential, commercial, and industrial properties
• Fast claims handling and dependable support whenever you need us 

 Core Property Insurance Policies: 

 1. Fire and Allied Perils Insurance 
Protects against loss or damage caused by: 

• Fire, lightning, and domestic explosions
• Storms, floods, and tempests
• Bursting of pipes or water tanks
• Earthquakes
• Objects falling from aircraft or aerial devices
• Strike, riot, and civil commotion
• Vehicle impact damage
• Subsidence and landslides 

 2. Property All Risks Insurance 
Offers broad protection against all risks except those explicitly excluded. This is a widely trusted policy, including London Market 7 (LM7) wording. 

 3. Business Interruption Insurance 
Helps keep your business financially stable if operations are disrupted by insured events like fire or natural disasters. This covers: 

• Lost income during temporary closures
• Fixed operating expenses such as rent and salaries
• Costs associated with temporary relocation
• Assistance with business recovery and restoration 

Note: Business Interruption Insurance is designed to complement Property All Risks Insurance and cannot be purchased separately. 

 Important Exclusions 

Please note that the following are generally excluded from coverage: 

• Loss or damage due to war, nuclear risks, or radioactive contamination
• Deterioration of stock
• Damage to electrical/electronic equipment caused by overload or short-circuit
• Machinery breakdown
• Property under construction
• Property destruction by public authority order 

 With AlKoot’s property insurance, you gain a trusted partner who understands the value of your assets and is committed to protecting them every step of the way. 

For quotes and inquiries, please reach us at rfq-gi@alkoot.com.qa .