Saturday, 5 December 2020
-A A +A

Fire Insurance

 Your home is your world, your greatest single asset, a shelter for your family and loved ones this  Program provides a comprehensive coverage by protecting your living space, home valuables and personal belongings through its unique features. Enjoy the availability of full property coverage insurance with this program.

Coverage:

  • Fire & Lightening.
  • Storm, Tempest and Floods
  • Earthquake and Volcanos
  • Aircraft damage
  • Impact damage.
  • Burglary by Forcible Means.
  • Bursting Of Pipes and Overflowing of Water Tanks.
  • Explosion.
  • The cover has been extended to include the device causing the damage.
  • The cover has been extended to include the Insured’s Boiler.
  • The cover has been extended to include loses or damages caused by snow falling on the outside garage.

Sum Insured: Building and contents belonging to the Bank’s clients.

  • JD 5,000 – in respect of Third Party Liability towards Neighbors.
  • JD 100,000 in respect of Loss of Rent with a maximum limit of JD 1,500 monthly / per property with a 3 months indemnity period.

Jurisdiction:  Law and Courts of the Hashemite Kingdom of Jordan.

Geographical Scope: Jordan.

Rate: 0.800 per mille minimum JD 65 per apartment.

            (Above rate is inclusive of Policies Issuance Charges, 16% Sales Tax and 1% stamps).

Deductibles:

  • 1% of claim amount each and every loss in respect of natural hazards.
  • First JD 150 – each and every loss in respect of other insured perils.
  • First  5 days in respect of loss of rent

 

                      

Additional coverage:

The cover has been extended to insure legal liability towards neighbors against fire only limited to JD 5,000 any one accident and in the aggregate.

 

The cover has been extended to Insure Loss of Rent resulting from any insured peril causing the insured’s apartment to be uninhabitable with a maximum limit of JD 1,500 per month for renting a house or renting a hotel room with a 3 months indemnity period.

 

For more information, please call the Bancassurance Unit at 06-5629400 ext. 2249/2242