Being proud of our place in the insurance market, it is our pleasure to introduce our great concern in performance and services to the society that took us to mark our twenty-fifth anniversary from its humble beginning in 1983 in the Kingdom of Saudi Arabia. Today, we have grown to be among the top national insurers in the Kingdom of Saudi Arabia that enable us to be licensed as one of the recognized Insurance Companies by the Government (SAMA) and formed from 29th December, 2008 as:
GULF UNION COOPERATIVE INSURANCE CO.
(Saudi Public Joint Stock Company)
With a paid-up Capital of SR 150 million under C. R. No. 2050056228 coupled with a substantial business prospects.
Delivering quality insurance offerings and peace of mind by providing quality protection
To be among the top 5 insurance companies in Saudi Arabia, offering innovative
products & services to our clients, enhancing shareholders profitability, being a
responsible corporate citizen and providing meaningful careers to our people
Core Values
– Integrity
– Transparency
– Customer service excellence
– Social responsibility
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.
Gulf Union 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. Gulf Union 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 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 pocket! You may need Third Party Liability Insurance that does not include the cost of your vehicle if you made mistake while driving. Moreover, a better plan is Comprehensive that covers you and third parties. These plans will guarantee that you do not lose your vehicle even if you were wrong (God forbids). All plans are accepted by Traffic Police Department and according to the regulators laws.
Health Insurance
The Health Insurance Plan is providing you access to instant treatment (God forbids) in case of an illness during the term of policy. It helps your peace of mind to get the proper care while not spending your money. Hence, you will have no disruption of your financial plans due to unfortunate health impediment. The Health Care Insurance Plan can be chosen according to what’s best suit your needs. The available plans can range from Classic to VVIP. Gulf Union has set for you deals with recognized Health Care Providers across the kingdom. For updated list of providers please contact our Customer Service or fill a request at Contact Us page.
The Classic Plan is in accordance with the Council of Cooperative Health Insurance minimum standards.The benefits can be increased according to your needs. The plan can be provided to all Saudi residents and expatriates. However the health insurance is compulsory for all employees and their dependants working in private sectors.
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