GULF UNION AL AHLIA COOPERATIVE INSURANCE CO.
Introduction
Gulf Union Al Ahlia Cooperative Insurance Company is proud of its reputation and standing in the Saudi market since its establishment. During the previous periods, the company was able to prove its excellence and the sophistication of its insurance services, which being provided with all interest to its customers in the Saudi insurance market.
Gulf Union Al Ahlia for Cooperative Insurance is one of the leading national companies in the Kingdom of Saudi Arabia.
With this history full of giving, it was not surprising that our company was one of the first companies to obtain a license from the Saudi Central Bank to practice insurance activities, and the company obtained this license since December 29, 2008.
“Gulf Union Al Ahlia” Cooperative Insurance Company is based in Dammam City, and it attributes its success to the working group which includes a team of professionals on high level of expertise and competence, this team is responsible for the preparation and design of insurance programs, that suits the work nature of the clients and provides technical consultations to them, as well as to provide various insurance services criteria for world-level innovative. The work team is divided between the company Head Office and main branches throughout the Kingdom to increase customers, senior businessmen and investors’ confidence in the Company.
We are proud of our distinguished Name and Services
Gulf Union Al Ahlia Cooperative Insurance Company
Saudi public joint stock company
With a capital of 458,949,280 Saudi riyals, under Commercial Registration No. 2050056228
Our Mission
Establish Gulf Union Al Ahlia as a new age Digital Insurer with a Focus on Customer Experience, Cost Efficiency and Market leadership
Our Vision
To be the market leading insurance Company with a value proposition and reliability that is beyond excellence
Core Values
Customer care, professionalism, integrity, teamwork, innovation, commitment to digital excellence
Client Protection Principles
Commercial Products
Motor - Medical - Property - Marine - Engineering - General Accidents - Protection "LIFE"
Contractors / Erection All Risk
This section of insurance covers Loss or damage, on a construction site, involving raw materials, construction works or plant and equipment. Also it could be extended to cover the Legal liability for bodily injury and/or property damage to third parties and damage to surrounding property.
Burglary Insurance
Theft involving forcible or violent entry to or exit from the premises. This is to cover loss of or damage to property by burglary, housebreaking, and/or larceny in the case of private dwellings and business premises. The covers against theft from premises following violent or forcible entry or exit.
Group LIFE
There are two classes of insurance under Life Insurance – Group Life and Accident or both under one policy that provide a lump of payment in the event of death, and also for full and restricted liability. Cover is worldwide (with exception of few countries) and operating on a 24 hours basis.
THIRD PARTY LIABILITY INURANCE:
Covers Legal Liability to pay damages, arising out of use of the insured vehicle within the Kingdom of Saudi Arabia to Third Parties in respect of Bodily Injuries/ Death and/or Physical Damage to property up to SR. 10,000,000.- any one occurrence and in aggregate subject to Policy conditions.
Out-patient Clinic Treatment Charges:
Deduction/Portability: the percentage paid by the beneficiary(the insured) when calling on an outpatient physician inclusive all what the doctor does in terms of consultation, requests for laboratory tests, x-rays and medicine, and any other treatment requirements.
Property
Ordinary fire insurance, designed to provide protection against loss or damage by fire and lightning in the case of buildings and contents, including, if desired, loss of rent while the premises are inhabitable, and architects’ and surveyors’ fees in connection with reinstatement.
Marine cargo insurance:
The liability coverage is called protection and indemnity. In addition to paying for damage your cause boats and properties it provides coverage for legal coast, wreck removal, salvage fees, and pollution damage caused by boat
Individual products
AUTO - MEDICAL
The Auto plan is a commitment from Gulf Union Al Ahlia that if you make an accident against others, it will be there to make the necessary arrangement for repair and/or treatment (according to your plan type)! So why take the risk and drive your vehicle without Auto Insurance!!! understands the importance of keeping your Vehicle running all the time. Unfortunately, everybody is in danger of making accidents during their way with their vehicles, even when parking! That can lead to loss of money and time. The Auto plan is a commitment from Gulf Union Al Ahlia that if you make an accident against others, it will be there to make the necessary arrangement for repair and/or treatment (according to your plan type)! So why take the risk and drive your vehicle without Auto Insurance!!! can provide you with the proper coverage to ensure that you will not have to pay to repair vehicles or for treatment in such unfortunate even God forbids.
The Auto plan is a commitment from Gulf Union Al Ahlia that if you make an accident against others, it will be there to make the necessary arrangement for repair and/or treatment (according to your plan type)! So why take the risk and drive your vehicle without Auto Insurance!!!
The Auto Insurance Plans come as you might need to better protect your vehicle(s) and have your business and lifestyle continue without paying thousands from your
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