Protecting Your Business Premises

Designed to safeguard your business premises, assets, and equipment against unexpected perils.

STRONG PROTECTION FOR YOUR BUSINESS PROPERTY

Your business premises, equipment, stock, and physical assets represent years of investment and growth. And yet, a single unexpected event — a fire, a flood, a burst pipe, or an act of vandalism — can cause damage that brings operations to a halt, generates significant repair and replacement costs, and leaves your business financially exposed at the worst possible time.

Property & Fire Insurance is the cornerstone of any commercial insurance programme, providing businesses with comprehensive financial protection against physical loss or damage to their premises, contents, stock, and equipment caused by the covered perils. In the UAE, where commercial property values are significant and business continuity is a priority, Property & Fire Insurance is not just a prudent safeguard — it is an essential foundation for any responsible business.

At GSIB, we work with all UAE-licensed commercial property insurers to arrange Property & Fire cover precisely tailored to the nature of your business, and the value of your assets.

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GET YOUR PROPERTY & FIRE INSURANCE QUOTE

Your premises and assets are the foundation of your business. 

Share your details and we’ll find the right plan for your company.

Key Benefits

Fire Damage

Protection against covered losses caused by fire.

Property Damage

Help protect buildings and physical assets against unexpected damage.

Stock & Inventory

Covers your stock and inventory against covered loss or damage.

Business Asset Security

Help safeguard essential assets against covered property risks.

Trusted by Leading Insurance Providers

We work closely with a broad network of reputable insurers across the UAE, giving our clients access to competitive pricing and comprehensive protection tailored to their unique requirements.

FAQ

What does Corporate Property & Fire Insurance cover?
Corporate Property & Fire Insurance covers your business premises, contents, stock, and equipment against physical loss or damage caused by fire and a broad range of additional perils such as flooding, storms, and malicious damage, depending on the level of cover arranged. It can also extend to cover alternative premises costs, business interruption losses, and property owner’s liability. At GSIB, we thoroughly analyse your business operations to ensure your policy reflects the full value and risk profile of your commercial property and assets.
Standard exclusions typically include gradual wear and tear, mechanical or electrical breakdown (which is covered under a separate Machinery Breakdown policy), losses arising from war or political violence, damage caused by pests or vermin, and losses arising from deliberate acts by the policyholder.
Yes, the two covers are specifically designed to work together. Property Insurance covers the cost of repairing or replacing physical damage to your premises and assets. Business Interruption Insurance covers the financial losses your business sustains while those repairs are being carried out, including lost revenue and ongoing fixed costs.
Your property should be insured for its full reinstatement value — the cost of completely rebuilding or restoring the premises to its pre-loss condition, including demolition, debris removal, and professional fees. Your contents, stock, and equipment should be insured for their full replacement value at current market prices. Underinsuring your property can result in a significantly reduced claim settlement. At GSIB, we guide you through the valuation process to ensure your cover accurately reflects the true value of your assets.
Contact GSIB immediately following the incident. Do not carry out permanent repairs before your insurer has had the opportunity to assess the damage. Photograph all damage and preserve any damaged items or materials for inspection. Our claims team will help coordinate the insurer’s assessment, manage documentation, and follow up through to final settlement.

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