Aamali Program 

Jordan Kuwait Bank realizes the value of its clients' possessions and the need to secure them against fortuitous losses. Our Property Insurance in cooperation with Insurance Company covers are comprehensive and ensures extensive security offering safeguards against the widest possible forms of risks.

Aamali Program 

Aamali Program (My Business Program) aims to protect Small and Medium Enterprises (SMEs) from risks that may be the main cause for putting these SMEs out of business. Thus, Jordan Kuwait Bank Insurance Company seeks to protect your business and the continuity of your operations by providing comprehensive insurance coverage that meets all your insurance needs, and guarantees rapid indemnity that prevents interruption of your work.

Benefits and Coverage

• Comprehensive insurance protection against fire in addition to the below

• • Burglary by forcible means (entrance and/or exist)
  • Explosion
  • Storms and/or tempests and/or floods and/or earthquakes
  • Riots, strikes, and malicious damage. The maximum limit of indemnity is 25% of the total sum insured in one accident and/or in the aggregate during the policy period
  • Aircraft damage
  • Impact damage
  • Bursting of pipes and overflowing of water tanks

• Covering the insured’s legal liability towards the landlord and/or neighbors with a maximum limit of indemnity of 5000 for one accident and/or in the aggregate during the policy period
• Covering loss of profit
• Covering the apparatus that caused the fire
• Covering billboards against fire only

Rates:

JOD 1.25 per JOD 1000 of the total sum insured and with a minimum premium amount of JOD 100 (taxes, stamps, and issuance charges included).

Additional Coverage:

• The option of covering electronic equipment with a maximum sum insured of JOD 20,000, subject to an additional premium of JOD 50.
• The option of covering plate glass against the risk of fracture as per Arab Orient Insurance Company’s standard policy wording with a maximum limit of indemnity of 5,000 for one accident and/Orin the aggregate during the policy period, subjection an additional premium amount of JD 50.
• The option of covering cash while inside a safe is fixed to the wall up to JOD 10,000, and subject to an additional premium amount of JOD 50.
• The option of covering legal liability towards the third parties with a maximum limit of indemnity of JOD 10,000 for property damage and/or bodily injuries, and JOD 500 for medical expenses, subject to an additional premium of JOD 50.

• The option of covering political violence under separate policies and preferential prices.

Deductibles for each and every loss:

• 1% of the total sum insured minimum JOD 1,000 in case of claims due to earthquakes and/or storms and/or tempests and/or floods.
• JOD 250 for other insured perils and for plate glass and electronic equipment for each and every loss
• Third-party liability policy; 10% of the claim amount minimum of JOD 150 for property damage and 10% of the claim amount minimum of JOD 50 for medical expenses for each and every loss
• Loss of profit; first 7 days of each and every loss
• The above prices include taxes, stamps, and issuance charges.
• This program is subject to Arab Orient Insurance Company’s standard policy terms, exclusions, and conditions.                                                                                                                                                                             

A 0.5% (five per thousand) charge will be added to the base premium as a contribution by the insured to the "Guarantee Fund for the Insured and Beneficiaries of Insurance Contracts.