Yes, there are specific insurance policies needed for entrepreneurs and consultants in the UAE, even if you are a sole proprietor. If you are a self-sponsored consultant, or if you have a contractual relationship with your client, professional indemnity (PI) insurance would usually be required, especially in legal advisory, accounting, IT or engineering fields. Health insurance is also mandatory for all residents, including freelancers or professionals who are self-employed. You may also need liability insurance or cyber risk insurance depending on which services your consultancy is providing. We can offer affordable, flexible insurance options designed for one-man companies and freelancers.

Making a claim through an experienced service provider such as dubaisetupnow is a simple matter. Once your insurance policy is in force, we provide you with the claim procedure documents from the insurer, including forms and deadlines. We will assist with claims involving medical reimbursements, as well as loss of business, liability, etc. We can help the whole way from gathering documentation to submitting a claim, to following up with the insurer so we can get a quick resolution, while ensuring compliance. You do not have to do it alone, we make the whole process very simple.

Yes. There are a number of mandatory insurances in the UAE and failing to ensure compliance can lead to significant penalties. For example, failing to provide health insurance to employees can lead to fines of approximately AED 500 per month per uninsured employee as well as delays in processing visas and renewing licenses. Likewise, operating vehicles without valid insurances would incur considerable traffic fines, the vehicle may be impounded, and you may also face litigation. Making sure your business and your personnel are insured protects against both financial and legal exposure.

Depending on your business's trade, especially in fields such as consulting, healthcare, education and engineering, the trade will require you to have the right insurance such as professional indemnity or public liability to renew your trade license. The regulators want to see that the business has insurance coverage to go on managing and use as little risks as possible to the public and clients. dubaisetupnow can help you determine which policies you require based on your license activity and get in compliant fashion long before the renewal date.

Yes, bundling policies is a great way for businesses in the UAE to save money. We will be able to help you to bundle things like health insurance, property insurance, professional indemnity insurance and cyber risk insurance into one package. This will give you discounted premiums, and, in many ways, is far easier to manage since you only need to remember one renewal date and provider. Bundling gives you better protection with less administrative work; perfect for an SME, a start up or growing business.

You still need business insurance when working from home! You are at risk if you have clients, inventory or collect sensitive information. For home based businesses, you should consider liability insurance, property insurance, and even more, cyber insurance or any necessary insurance depending on the nature of your business. If your home is designated for business, and you file a claim under your standard home insurance, you may not be covered. dubaisetupnow will help you find the appropriate insurance that meets your unique working-from-home model.

Yes, you can adjust your insurance coverage at any time to suit your needs, especially with a growing business. Whether you are growing your team, investing in new assets, opening a new location, or expanding your services, we can amend your policy to ensure you’re covered. Endorsements allow you to change values of insurance, change locations, change limits of coverage, or add risks - without waiting for you to renew your policy. At dubaisetupnow, we routinely change your policy alongside the growth of your business.

Insurance companies can only issue or service insurance in the UAE if they are licensed by either the DHA (Dubai Health Authority) or DoH (Department of Health - Abu Dhabi), or are operating under a local agent approved by either the DHA or DoH. Some international providers may have global plans, but they need to actually be represented and recognized in the country as legal insurance providers. We guide clients to choose insurance providers that are fully compliant with the laws of the UAE, so that all claims, renewals and documentation will be valid under local regulation.

Some insurance policies are intended just for loss of income, temporary shut-downs or complete shut-downs due to unforeseeable events (for example, fire, flood, etc) and others that may include operational risks (for example, supply chain issues). These insurances protect you through providing income or assistance "while you are out of the line of business." In an increasingly volatile market, business interruption insurance is an important form of insurance coverage. The dubaisetupnow team recommends business interruption insurance, and if you are employed in a high-risk industry, we will help integrate this insurance into your policy plan.