| This is a comprehensive policy that includes 11 covers. Here are the key highlights: - Minimum sum insured under 'trade contents' section:
- Grocery and Supermarkets AED 500,000
- Other shops AED 100,000
- Maximum Sum Insured AED 5 million
- Sum Insured under all other sections are linked to the 'trade contents' and are expressed as percentage of the trade content
- Policy extended to cover 'contents temporarily removed' – up to 10% of Sum Insured for a maximum period of 7 days
- Unique and automatic coverage for increased exposure – up to 140% of the 'trade contents' Sum Insured during the holy period of Ramadan and/or any government sponsored shopping festival
- Spoilage of frozen food cover incorporated
- Optional cover for the building in which the shop is located
Coverage - Trade contents covered against fire, lightning, explosion, earthquake, burglary, riot, strike and civil commotion, storm, flood, impact, malicious damage, etc
- Accidental breakage of plate glass – up to 10% of Contents Sum Insured (max AED 25,000) plus AED 500 for frame and labour charges
- Loss of money – up to 10% of Contents Sum Insured
- Loss of rent – up to 10% of Contents Sum Insured (max AED 250,000 in aggregate)
- Increased cost of working/cost of alternate accommodation – up to 50% of Contents Sum Insured (max AED 250,000 in aggregate)
- Spoilage of frozen foods – up to 5% of Contents Sum Insured (max AED 50,000)
- Goods in transit – up to 10% of Contents Sum Insured (max AED 500,000 in aggregate)
- Workmen's compensation/employer's liability – up to AED 1,000,000 in aggregate
- Public liability – up to AED 1,000, 000 in aggregate
- Fidelity guarantee up to 5% of Sum Insured (max AED 25,000 in aggregate)
- Building (optional cover) on replacement value basis
Policy ideal for - Stationery stores
- Grocery stores
- Cloth merchants
- Electronics stores
- Studios
- Medicine shops
- Supermarkets
- Departmental stores
- Other similar outlets
Exclusions The exclusions are listed under each section and under ‘general exclusions’ in the detailed policy wording. Here are some of the main exclusions: - Loss and/or damage caused by theft unless accompanied by violent and/or forcible means Loss or damage due to wear and tear, depreciation or any other gradually operating cause
- Loss caused by deliberate act or neglect of the insured and its employees
- Product liability and liability arising out of any mechanically propelled vehicles
The premium is calculated at 0.5% on the 'Contents Sum Insured '. Extra premium at 0.04% for the building is optional. For detailed information, please call toll free 800 4746 or email call_center@tameen.ae | 
