Damaan Islamic Insurance Company (Beema) is one of the leading insurers in Qatar that facilitates salvage purchases. The company was established in 2009 and is based in Doha, Qatar. Damaan Islamic Insurance Company – Beema has been granted a license by Qatar Central Bank 13/2009.
The company follows the requirements and principles of corporate governance issued by the Qatar Central Bank for insurance companies. Beema offers a variety of Takaful insurance solutions to its customers to protect them from a variety of risks. Throughout the GCC region, Bahrain, Cyprus, and Malaysia, Beema is best known for its car insurance division. Beema provides a comprehensive service and their dedicated staff handles all claims.
Contents
Pros And Cons
Pros
A wide range of products to individual and business customers.
Exclusive discounts and benefits for its customers.
Provides 24/7 customer service.
A simple and easy claim process.
Cons
Some policies might not be flexible enough to fit all types of customers.
Available Products (Insurance)
Beema is one of the most powerful companies currently operating in Qatar, it has an exceptional role in supporting all Qatari citizens and residents with insurance plans. The Company provides services for all its customers under one roof. They also offer non-life insurance through the Beema Takaful Company which is an affiliate company that ensures customer satisfaction on a larger scale than just life insurance.
Beema provides a wide range of insurance products for customers and protects them from their associated risks. Whether you need insurance in your day-to-day life depends on your lifestyle, your main needs, and your budget. Beema offers tailored insurance plans for both individuals and businesses that are flexible, affordable, and highly comprehensive.
Below is a list of the different types of insurance products the company offers its customers. Let’s take a closer look at these types of insurance:
Retail Insurance
The company offers several types of retail insurance to its customers. They include:
Motor Insurance
Beema offers motor insurance to individuals and commercial customers. Car insurance is one of the major financial investments in the life of any car owner. Beema offers appropriate coverage for your motor vehicle, whether it’s a car, bike, or other conveyance.
Beema offers two types of car insurance, each offering a different level of protection.
- Motor Third-Party Liability Insurance (Compulsory): This policy protects you in the case of injury to a third party caused by you. If a third party collides with your vehicle, this policy will protect you from damage. It includes bodily injury and property damage caused by the insured vehicle to a third party. This policy is mandatory in Qatar.
- Comprehensive Car Insurance (Optional): This insurance provides full coverage no matter who is at fault. The policy covers you against any damage those vehicles may suffer when driven on paved roads or traffic-designated roads within the State of Qatar. This policy offers a variety of options that provide peace of mind to you (car owners).
The following additional coverages are included in Beema’s Comprehensive Motor Insurance:
- Cover for off-road matters.
- Assistance for roadside issues.
- Car replacement coverage option.
- Repairs with no depreciation on spare parts.
Travel Insurance
Travel Insurance is a great way to secure yourself when traveling abroad. Whether you are going to visit your family, head out on vacation or take part in an adventure holiday or business trip, be sure that you are properly insured for any possible dangers that might arise.
The company specializes in providing the best variety of travel insurance plans to its customers so that they can secure their holidays or trips abroad. The Beema company offers the following Travel Insurance Covers:
- Coverage for personal accidents.
- Trip or Holiday Cancellation.
- Flight Delay or Cancelation.
- Coverage for emergency medical expenses.
- Loss of personal belongings.
- Delay or Loss of Baggage.
Beema Insurance is one of the leading travel insurance companies in Qatar and the Middle East region. Thus, if you are looking for travel insurance in Qatar, Damaan Islamic Insurance Company (Beema) is the best choice.
Home Insurance
Everyone living in a rented or owned home should have home contents insurance. Your insurance covers not only your house but also the people who live there.
What comes to mind when you think of home insurance? A roof over your head, a place to relax and unwind, a haven. Home Insurance policies determine your vulnerability and security. If disaster strikes, the cost of repairs or rebuilding could be crippling and leave you in debt for years. Beema Insurance Qatar offers you a Home Insurance package that provides you with assurance against any eventuality.
Beema offers multiple types of home insurance coverage for private and individual homes in Qatar. If you buy Home Insurance from the Beema insurance company, you can obtain the following benefits:
- Loss and damage coverage
- Provides coverage for your personal belongings.
- Protection from fire, wind, hail, lightning, and other natural disasters.
- Liability coverage in case someone is injured on your property.
- Domestic servant/driver property coverage.
- 24/7 emergency assistance.
With Beema Insurance Company’s home insurance policies, you’re protected from damage caused by fire, wind, theft, lightning, and vandalism. It’s a safe way to protect your home.
Individual Life Insurance
Individual Life Insurance is a type of insurance that offers compensation to the insured’s beneficiaries in the event of his or her death. The main reason someone purchases life insurance is for financial protection if he or she passes away. Aside from the fact that it compensates his/her family, it also helps cover funeral expenses and any debts left behind.
Beema Insurance company provides you with life insurance in the following situations:
- Death due to any cause
- Total and Permanent Disability (TPD)
- Permanent Partial Disability (PPD)
Every person should be wise enough to invest on one plan, which will help shield him from the risk of unforeseen incidents that might affect his financial standing in future. It is important that you find out all benefits and features available with different companies before getting one for yourself.
Marine Insurance
If you own a boat or are considering buying one, then Beema Marine assurance should be your top choice. Having marine insurance offers great rates and exceptional services, so you’ll be able to enjoy your boating experience without worry year after year. In general, pleasure craft insurance covers marine vessels used for personal enjoyment.
In the following situations, Beema provides pleasure craft insurance:
- Protects against perils such as collisions, theft, fire, and natural disasters.
- Insure against financial losses resulting from delayed delivery or non-delivery of a shipment.
- Damage or loss caused by a navigational problem that results in grounding.
- Theft or loss of a boat and/or its contents.
- Loss or damage as a result of a legal obligation to rescue people at sea.
Marine insurance from Beema Qatar is the best choice since it protects your vessel and cargo during transit from loss or damage. Furthermore, the policy covers damage to other people’s property as well as your own personal property on the boat.
Domestic Help Insurance
You should protect the health of your household helpers just as you would your own family. Household helpers such as maids, drivers, gardeners, etc. look after your house and your entire family – and these people are even more likely to be involved in accidents.
As accidents cannot be avoided, domestic helper insurance may provide you with some level of protection.
Domestic helper insurance from the company includes the following coverages:
- Loss of Limbs Protection.
- Protection Against Loss Of Sight.
- Protection Against Temporary Total Disability.
- Accidental Death Protection.
- Protection Against Permanent Total Disabilities.
- 24/7 Insurance Service.
Caravan Insurance
Getting caravan insurance can help protect your caravan in the event that it is damaged or stolen. It will also cover your caravan if it causes third-party property damage or injury. While it isn’t a legal requirement, it offers protection in case the worst happens.
No matter what your caravan is used for, Beema helps you keep your peace of mind by covering the following:
- Loss or damage to the caravan owned by the insured.
- Damage or loss to caravan contents caused by fire, explosion, theft, and natural disasters.
- Expenses associated with changing the locks on doors and windows.
- Liability for third-party damages, such as death, physical injury, disease, or property damage.
If you wish to learn more about retail insurance in-depth, visit the company’s website by clicking on the following link: https://beema.com.qa/retail/
Corporate Insurance
The following are the types of corporate insurance that the company offers to its customers:
Group Health Insurance
Beema company offers Group health insurance to its customers that provides coverage for a fixed period, such as one year. Businesses usually purchase these policies for their employees, but other groups may also purchase them, such as alumni associations and trade associations.
In addition, the company offers employers comprehensive medical insurance that covers a variety of services without extra or hidden costs.
Group Life Insurance (Group Takaful)
Group life insurance is an insurance policy that covers multiple individuals under one contract. In most cases, insurance contracts are acquired by employers who offer coverage to their employees.
Group Life Insurance from Beema is a group insurance plan which offers financial protection to the employees and their families if an unfortunate event takes place. The plan covers the death, retirement, and critical illness of the employee and his/her family members.
Property Insurance
Whether you own or rent a business, this kind of insurance is designed to protect your property. It is also known as commercial property insurance. Property insurance policies protect the holder from financial loss, incurred as a result of damage or partial loss to property.
The company offers the following property insurance plans:
- Property All Risks Insurance: This insurance policy covers owners of commercial properties for loss or damage resulting from fire, explosion, earthquake, or escape of water.
- Fire And Special Perils Insurance: This policy protects you against unforeseen contingency due to fire, lightning, explosions, airborne hazards, riots, strikes, etc., and natural calamities.
Aviation Insurance
Aviation insurance from Beema Qatar is particularly relevant to the aviation industry and covers a broad range of activities. It is used to cover commercial airlines and planes. It provides great coverage for all types of aircraft, ranging from small propeller planes to large jet aircraft.
This policy covers property damage and liability associated with aircraft. The company provides coverage for aircraft use and maintenance risks as well as unforeseen losses such as baggage loss or damage, injuries sustained by passengers during flight journeys, etc. In addition, this policy covers income loss due to flight cancellations or delays.
Marine Hull Insurance
Having Marine Hull Insurance protects you against damages to the vessel’s body (hull) or its machinery caused by risks covered by the policy. The company offers Marine hull insurance that covers both the vessel and its equipment in case of loss or damage.
In addition, it covers legal liability to third parties arising from negligence related to the operations of the vessel or actions of the crew. Marine hull insurance covers watercraft such as boats, ships, yachts, fishing boats, steamers, etc.
Miscellaneous Insurance
Miscellaneous insurance is designed to keep your business stable and to provide a backup plan. It is a policy other than life, fire, and marine insurance. Miscellaneous insurance policy from Beema company covers a range of risks, such as loss due to employee betrayal, loss of money during transit, forgery, disruption, theft, and computer-related crimes.
Engineering Insurance
Engineering insurance provides economic protection against the risks faced by construction projects, installation projects, as well as machines and equipment used in projects.
The following are some of the insurance policies that Beema Engineering Insurance offers:
- Construction All Risks.
- Erection All Risks.
- Contractor Plant, Equipment, and Machinery.
Liability Insurance
If you make a mistake in your professional services, your professional liability insurance will cover you and your company. Liability insurance from Beema company includes the following policies:
- General Third Party Liability Insurance.
- Professional Indemnity Insurance.
- Directors & Officers Liability Insurance.
The company provides General Third-Party Liability Insurance for a variety of business lines.
Workmen’s Compensation Insurance
Workmen’s Compensation insurance was designed to protect employers from lawsuits caused by injuries or illnesses occurring on the job. The insurance covers any medical expenses resulting from work-related accidents, minor and major. These may include room expenses, prescription medication, and surgery costs.
To learn more about Corporate Insurance, visit the company’s website by clicking on the link below: https://beema.com.qa/corporate-overview/
Beema Insurance Company Claim Process
Damaan Islamic Insurance Company (Beema) offers several ways to file a claim. You can file claims online through the company’s website, which is one of the easiest and best ways.
In addition, you can contact their claims department by calling +974 4405 0555 or by sending a message on their Whatsapp number 7405 0555. If you wish, you may submit a claim by visiting the company’s office. Click here for the address of the Damaan Islamic Insurance Company (Beema) office in Qatar.
Remember if you need to file a claim, you will need specific documents according to the type of insurance you have. To find out what documents you will need, visit the company’s website by clicking on the link below.
Link: https://beema.com.qa/retail-claims/
FAQs
Who Is The CEO of Damaan Islamic Insurance Company (Beema)?
CEO of Beema Company is Fahad Al Mana.
What Is Damaan Islamic Insurance Company – Beema’s Revenue?
Beema company’s revenue is $7 Million.
How To Contact Damaan Islamic Insurance Company (Beema)?
You can reach Beema Qatar by calling +974 4429 2880. You can also contact Damaan Islamic Insurance Company (Beema) through their website. Click on the below link: https://beema.com.qa/contact-us/
Where Is Damaan Islamic Insurance Company’s Headquarters?
Beema’s headquarters are located at 8th Fl Qatar Investment Bank Bldg, Suhaim Bin Hamad St, Al Sadd Area, Doha, Baladiyat ad Dawhah, Qatar.