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Question:

What is the procedure for renewing a business insurance policy in the UAE?

Answer

Renewing your business insurance in the UAE is simple but requires attention to detail. It's a good time to reassess your business operations and identify potential risk exposures that can lead to loss of revenue, profits or legal liabilities. This will ensure your insurance coverage matches the scale of the current operations.

Here's how to renew your business insurance smoothly:

  • Start by reviewing your existing coverage, policy limits, and any recent changes in your business operations.
  • Reach out to your insurance broker at least a month before your policy expires.
  • Share any updated documents or declarations your insurer may need.
  • Explore better rates or expanded coverage with multiple insurers.
  • Confirm and sign the renewal proposal to maintain uninterrupted protection.

Click here to get a quote, connect with our Business insurance experts, and find the perfect plan for your Business.

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