Fire at Ajman Tower emphasizes the importance of having insurance

Fire at Ajman Tower emphasizes the importance of having insurance

Mar 30, 2016 (0) comment


A huge fire which gutted buildings in the Ajman One residential cluster on Monday night left residents devastated after losing everything right from important documents to a place to stay.

a�?This is yet another incident where many families coulda��ve been free of the financial distress they face after losing everything in the firea�?, says Mr. Salem Al Mannai, Deputy Group President and CEO QIC a�� MENA region.

Mr. Mannai elaborates, a�?Most families dona��t see the need for home contents insurance as they assume that their contents are covered by the buildinga��s insurance, which unfortunately is not the case a�� the insurance covering the building or villa covers the structure but not whata��s inside ita�?.

Two weeks ago, QIC Insured informed that less than 1% percent of homes in Dubai have home contents insurance, which covers for loss and financial risk in case of fire, theft and accidents.

Not expensive at all a�� less than 10 Dirhams / month

Frederik Bisbjerg, Executive Vice President, QIC Insured says, a�?Buying a home contents insurance is not expensive at all ; to raise awareness about the importance of insuring home contents against incidents like fire, wea��re offering our basic home contents , insurance with a 50% discount for the next two weeks to give people a chance to get insured before the summer seasona�?.

This will allow people to buy home contents insurance for less than 10 Dirhams per month a�� the offer can be availed online at until April 14th 2016.


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