AL-WATANIA INSURANCE

(Better Protection... & Services)

- Form of Company: Yemeni Shareholding Company with Yemeni Jordanian joint capital.

- Date of Establishment: 1993

- Capital: YR400.000.000

Company is established by selected eminent Yemeni business men in addition to Jordan insurance company and Arab life and Accident insurance Co. which are leading insurance companies in Jordon. Yemeni side possess 75% of the capital and 25% Jordanian side.

The company places its reinsurance business with would famous and top reinsurance companies.

The company depends on Yemeni expertise's with high reputation of their long expertises in field of insurance. In addition the company takes the service of both foreign and Arab expertises to qualify and develop our local staff.

OBJECTIVES OF THE COMPANY

- Make insurance services easier, present guidelines and advices to follow the best possible safety measures and to acquire preferable and best services and insurance cover in respect of premium actions.

- Give consultation and opinions to the clients to establish their actual insurance requirements and to give necessary recommendations on how to prevent the losses to secure insurance benefits.

- Give immediate and necessary services to attend the claims and to gain client’s consents and to continue with them for better working of the company against competitive rates and better terms.

The company underwriters all types of insurance

* Marine Insurance.

* Automobile Insurance.

* Fire & Additional Perils.

* Engineering Insurance.

* General Accident Insurance.

* Life Insurance.

* Health Insurance.

* Aviation Insurance.

* Any other Insurance.

* Marine Insurance:

There are two types of insurance for this cover:

1- Cargo Insurance:

Cover different peril for which cargo is exposed during transit by sea, air or land.

2- Ship Hull Insurance:

Cover damage for which ships are exposed to, such as collision, sinking and also liability towards of the ship.

* Automobile Insurance: 

Covers collision, overturning, fire or burglary for which automobile are exposed to, civil liability towards third party to persons and property and additional cover for personal accident to driver & passenger. 

* Fire & Additional Perils:

Cover fire perils for different properties such as factories, organizations, shops and extend this insurance to cover additional and natural perils such as explosion, malicious act, falling of aircrafts &/or articles dropped, there from impact by vehicles earthquake, storm, strike, riot and burglary followed by violent entry into the premises and loss of profit followed by fire.

* Engineering Insurance:

This type of insurance cover different contractors all risks ,erection all risks, construction projects and their associated liabilities, insurance of plant & machinery, machinery breakdown and loss of profit resulting from stoppage.

* General Accident Insurance:

Cover the losses resulting from:

1- Burglary

2- Fidelity Guarantee

3- Money insurance in safe or in transit

4- Glass breakage insurance for shops or organizations

5- Personal accident insurance for persons.

6- Third party insurance

7- Workmen’s compensation

* Life Insurance:

Includes life insurance for persons or groups covering natural or accidental death, total or partial disability, loss of wages and medical expenses followed by accident. 

* Health Insurance:

In response to the needs for health insurance, Al-Watania Insurance Company has provided the latest insurance cover as follows:

- Insurance of cost of treatment following an illness or an accident for an individual or a group inside Yemen and abroad.

- Health insurance for travelers during trips abroad for business or pleasure.

- Health insurance and personal accident for pilgrims performing the hajj or the umra.

* Aviation Insurance:

This insurance covers hulls of aircraft against various risks, also insurance of loss of license for pilots and loss of passenger’s luggage and properties.

*Any other insurance:

Company is capable to provide cover for any other insurance which is not specifically mentioned herein, as per the client and his requirements.