We offer insurance protection guaranteed all around the world for funds, properties and
individuals against death, disability, diseases and civil liability.

We undertake to pay compensations for damages for customers’ immediately and as
one payment regardless of the amount, if covered by the insurance policy.

The company issues insurance policies with international insurance terms approved
by leading insurance companies such as Lloyd’s (a British company) and
Munich Re-insurance Co. 

Types of Insurance

The insurance documents issued by the company are the following:

 a- Insurance for goods carriage:

This includes insuring merchandise carriage against all risks from all ports to Iraqi ports then to the stores in the governorates as well as air freight.

 b- Vessels and Airplanes Hull Insurance

This includes the civil liability arising in connection with the hulls.

 c- Properties and Funds Insurance

Fire, explosion, lightning, and additional risks and loss of profits resulting from the mentioned risks.

 d- Engineering Insurance

This includes the realization of covered risks to which civil engineering projects are subject as well as industrial projects during their construction, in addition to the damages to machines and equipments, the explosion of boilers and damages suffered by persons, legal liability towards others in addition to the loss of profits resulting therefrom.

 e- Personal vehicles and merchandise carriers Insurance

As result of collision, clash, fire, robbery and civil liability.

 f- Agricultural Insurance

Include damages that may be suffered by agricultural crops and animal wealth due to natural elements and all risks that may be suffered by the agriculture, diseases, perishment of animals, domestic animals and fishes.

 g- Public Accidents Insurance

 

            This includes:

	Personal accidents, individual and collective, in the event of death, injury or disability due to a violent external accident as well as due to acts of terrorism.
	Health insurance for groups, including payment of surgery fees resulting from diseases or accidents.
	Insurance against robbery, including loss or damage that may occur to funds insured as a result of a robbery or armed burglary.
	Cash Insurance,  including compensating the risks insurance against, for the loss of cash whether it is the insured's own money or monies in his possession for others for which he is liable, due to fire, lightning, robbery and burglary while moving the cash or while the cash is being deposited at the safe of the trustee.
	Fidelity insurance, including compensating the insured for the losses of his money kept in the custody of his employees or agents that may be suffered as a result of breach of trust or misappropriation of funds by those employees.
	Civil liability insurance, including payment of amounts the insured is legally obligated to pay to others due to an accident for which he is liable, where damages and losses have been suffered by the properties of other parties or due to a negligence on his part or on the part of any of his employees or due to defects in his properties or products due to errors in the work.
	Employer’s liability which includes indemnifying the employer for the amounts that he undertakes to pay for the accidents that may be suffered by his employees.
	Insurance of glass panes, illuminated signboards, including losses resulting from any smashing and cracking of the glass and the illuminated signboards.

Re-Insurance? 

1- Insurance policies that are sold by the company to the customers are guaranteed around the
world by leading insurance and re-insurance companies through re-insurance agreements signed
by the company in 2005 and renewed in 2006. 

2- These leading companies have insurance capitals and reserves amounting to billions of dollars
and are ready to pay their part of the compensations that may be suffered by the company’s
customers immediately and regardless of the amount.

 3- The names, nationalities and shares of insurance companies with which Shatt AL-Arab
Insurance Co has signed re-insurance agreements are the following: