Orient Insurance Political Violence Cover for Residential Homes

What is Orient War Cover for Homes in the UAE?

Orient war cover insurance is a residential property policy that covers your home against damage caused by war or political violence. It comes as a standalone policy and covers a bucket of risks that includes everything, from a localised riot to a full-blown war. It’s designed for homeowners who want a safety net beyond fire, theft, burglary, and the common risks already covered by standard house insurance plans.

The policy typically covers these perils:

• Terrorism
• Sabotage
• Riots
• Strikes
• Civil commotion
• Malicious damage
• Insurrection, mutiny, rebellion, revolution, and coup d'État
• War, civil war and counterinsurgency

In short, this policy gives enhanced war risk protection solutions for homes amid the increasing risks of war. If your home is damaged by civil unrest, an act of terrorism, or a conflict breaking out, this policy is meant to respond.

Why is the Orient War Cover Insurance Important for Residents in the UAE?

The UAE is one of the world’s safest places, and its reputation for security in regular circumstances remains intact. However, the recent war and its impact on the UAE have changed the perception of risk, leading to a high demand for war coverage among residents. There are several reasons homeowners are increasingly seeking such a policy, and Orient Insurance offers the right solution for the same.

Here are some reasons to choose Orient war cover insurance:

• Fill the Gap of Home Insurance: Most standard home insurance policies exclude war and political violence outright. Without a separate policy like this one, you could be left completely unprotected if such an event occurs. In such a case, you will need to cover all the expenses related to home repair by yourself.
• High Property Values: With villa and apartment prices what they are, even minor structural damage can mean a repair bill running into hundreds of thousands of dirhams. A dedicated cover like this policy means that the bill doesn't land entirely on you.
• Comprehensive Cover: The policy also covers your household contents and helps with alternative accommodation costs if your home becomes unlivable due to insured events. So even if your house is damaged, you can continue living comfortably while repairs are carried out.
• Risk Management: Orient insurance political violence cover is a wise risk management tool. It’s the same way you'd insure against fire, even if you've never had one.

What is Covered Under Orient Home Insurance War Cover?

The Orient Insurance political violence insurance for residential units financially protects the core of your home: building structure and content.

• Building Cover: Covers the structure of your home, including permanent fixtures and fittings. If any of the insured perils damages the physical property, you’re covered.
• Household Contents: Covers the contents inside your home, including furniture, appliances, and other belongings (excluding valuables).
• Loss of Rent/Alternative Accommodation: If your home is damaged and you are unable to live there, the policy can cover up to 10% of your declared sum insured for alternative accommodation or lost rental income. This means you’re not paying for a hotel out of your own pocket while your home is repaired.

Along with these basic coverages, you can also get additional protection by choosing add-ons. The common add-ons under this plan are:

• Debris removal: It is treated as an additional covered expense. Having this add-on doesn't affect your sum insured, though your total payout is still capped at the policy limit.
• Government compensation: If you're eligible for any government compensation scheme for the same event, this policy pays out only over and above what that scheme covers.

What is Not Covered Under the Orient Insurance Political Violence Insurance Policy?

Every insurance policy has its boundaries, and it’s always good to know them upfront rather than at claim time. Here’s the list of the common exclusions under Orient political violence home cover:

• Nuclear and radioactive risks
• Chemical, biological, biochemical and electromagnetic weapons
• Cyber incidents
• Pollution, contamination, and hazardous substances
• War between major powers (China, France, Russia, the UK, and the USA)
• Theft, pillaging, burglary, looting, or unexplained disappearance
• Money, precious metals, jewellery, or valuables
• Asbestos or asbestos-containing materials
• Unoccupied home for 30+ days
• Animals, plants, and living things
• Utility failures: electricity, gas, telecom, water
• Own government’s actions
• Government actions taken to suppress riots, civil commotion, or war
• Fraud or criminal acts by the insured’s directors, officers, or trustees
• Financial default or insolvency of any party
• Fines, penalties, or breach-of-contract damages
• Cancellation of leases, licences, contracts, or orders

Note: The listed exclusions are for reference only. Read your policy wording thoroughly to understand the actual inclusions and exclusions of your chosen plan.

How is the Premium for Orient Home War Cover Insurance Calculated?

The premium for Orient home insurance political violence cover is calculated based on the sum insured. Typically, the cost of this insurance starts from AED 2,500 for a sum insured of AED 250,000.

The actual premium of Orient war home cover depends on the following factors:

• Sum Insured: The higher the value you want covered, the higher your premium will be.
• Costs 1% and 1.75% of Sum Insured: Orient Insurance typically charges a percentage of 1% to 1.75% of your sum insured to calculate your premium.
• Location: If your home is within 2 km of an airport, military base, port, or refinery, expect a 25% loading on top of your base premium. It’s worth checking this before you get your quote, so there are no surprises.
• Fixed Minimum Premium: As mentioned above, the insurer’s lowest coverage band is AED 250,000. For this amount, the premium starts from AED 2,500.
• Pre-Decided Cover Limits: You can choose a sum insured anywhere from AED 250,000 up to AED 3,672,000. This is fixed by the insurer; anything beyond that needs special approval from the underwriter on a case-by-case basis.
• 10% Loss of Rent: You don’t pay extra for it, as loss of rent is included as part of your overall cover.

Where to Buy Orient Political Violence Insurance for Residential Units?

When it comes to protecting your home, the right platform matters as much as the right policy. At Policybazaar.ae, you can easily buy Orient war cover insurance for residential properties and get a range of benefits. This online platform helps you understand all the plan benefits without any jargon. You can also get expert assistance in understanding the key features, the suitability of the policy, and more. Moreover, you can compare several other plans and make a wise decision.

Our support doesn’t end once you buy the policy. Whether you need assistance with documentation, the claim process, or any policy-related queries, our team is right there to guide you at each step.

Share your details with us and secure your home with the comprehensive cover today!

Frequently Asked Questions