Client Offerings

Products

PROPERTY INSURANCE

This insurance policy covers losses in the stationary and movable assets such as: buildings, installations, machinery, furnishings, houses and furniture (enterprises and individuals), checks, lightning, earthquakes, accident and floods, insurance against fire and allied pearls, all property hazards, insurance against property damage liability, house property damage, insurance against terrorism, and insurance of power and petrochemicals, including material damage, business stoppage, leakage, pollution, expenditure cost and liabilities.

ENGINEERING INSURANCE

This insurance is intended for projects, equipment and machinery. It covers all hazards that the insured property may be subjected to irrespective of its kind and nature of work. This includes: insurance of all contractor hazards, insurance of the contact’s land equipment and machinery, insurance of machinery downtime, and insurance of the loss of profit resulting from the machinery downtime, and insurance of the loss of profit resulting from the machinery downtime. 

MARINE CARGO/HULL INSURANCE

The cargo insurance policy covers loss or damage to cargo carried. The cover includes General Average, Sue and Labor and Salvage. The Hull Insurance covers loss or damage to the ship, which range from big cargo ships, cruise ships, Boats, Barges, yachts and Fishing Boats 

MOTOR INSURANCE

The vehicle insurance coverage mandates that the company pays to the insured the value of the material losses resulting from total or partial damage of the insured vehicle, including its attachments and spare parts. The policy includes: private vehicle insurance, commercial vehicle insurance, third part insurance, comprehensive insurance of equipment.

LIABILITY INSURANCE

GENERAL ACCIDENT INSURANCE

AVIATION LIABILITY INSURANCE

This policy covers compensation for flight accidents including all damages incurred such as: Insurance of the aircraft body, loss of the aviation license, liabilities towards passengers, and airport insurance (liabilities of the airport owners and operators).

HEALTH INSURANCE

ACE is proud to include the best and most advanced specialist medical centers in the Middle East to the list of its health service providers. 

The latest technology in the field of medical services is found in such centers, furthering our aim to offer the highest quality services to our honorable customers. ACE offers diverse packages of insurance programs through which medical service coverage is provided at all levels for companies desiring to obtain the best medical services to meet the customer’s needs in the best possible manner.

MEDICAL MALPRACTICE INSURANCE

ACE launches the Medical Malpractice Policy to provide peace of mind for all categories of medical professionals and to meet the requirements of our Kingdom to support and protect the medical practitioners from alleged claims against malpractice.

We offer Protection against the financial consequences of professional errors for all individual surgeons, doctors, nurses, pharmacists, dentists, technicians etc. in their individual capacity. We also cater to the needs of institutions like hospitals, clinics and nursing homes to provide a group cover for their employed professionals. Professional errors may be understood to mean any negligent acts, errors or omissions which result in bodily or mental injury, illness, disease or death to any patient.

GROUP LIFE INSURANCE

 It covers:
•    death
•    total permanent disability
•    and partial permanent disability