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Although they are both designed to protect your business, public liability and professional indemnity insurance are not the same. So what’s the difference? Do you need public liability insurance, professional indemnity insurance, or both? What type of coverage do they provide for your business? In simple terms, public liability insurance covers your business for claims …

What is the Difference Between Public Liability and Professional Indemnity Insurance Read More »

Are you looking for the best Medical Insurance Cover? Do you want international coverage? How about hassle-free direct billing and claims settlement? This article is meant to give you the utmost clarity regarding the most inclusive and comprehensive medical insurance coverage around today. Here is why we recommend International Medical Insurance Coverage and how to get …

International Medical Insurance Coverage: A Compelling Case for You Read More »

This article was updated on November 11th, 2024 As cyber threats continue to escalate globally, safeguarding your business against ransomware attacks has never been more critical. At Petra Insurance, we leverage decades of industry expertise to provide comprehensive cyber ransom insurance solutions, ensuring your organization is resilient in the face of ever-evolving cyber risks. Cybersecurity …

Navigating Cyber Ransom Insurance: Expert Insights from Petra Insurance Read More »

By now, you’ve probably heard in the news or read in the headlines that large companies are frequently exposed to ransomware attacks resulting in data breaches and network failures. When this happens, companies face hefty fines, legal expenses, and the cost associated with a loss in reputation.  The fact of the matter is, ransomware attacks …

Why do Small Business Owners Need Cyber Liability Insurance? Read More »

Most people agree that it’s smart to be insured in the event your home or belongings become damaged or destroyed. However, did you know insurance coverage for strata properties can differ to that offered for non-strata condos? How is a Condo Different From a House? A condo is a property unit owned by separate people. …

How do Strata & Homeowner Insurance Work When You Own a Condo? Read More »

Strata insurance policies are designed to protect the common areas of jointly owned residential property, group, and community title properties, body corporates, owners corporations, and strata managers. Jointly owned property (JOP) is the term used to describe a building or land that has been divided into units and where part of the land or building …

Why I Need Strata Insurance for Jointly Owned Properties Read More »

We tend to look at the world through a different lense these days: before Covid-19 and post Covid-19. Before the global pandemic, we gathered in large groups unmasked, worked in tight office spaces, and felt generally protected against the unknown. As the world continues to vaccinate and manage the virus, we are left to think …

Post-Covid Insurance Packages for Businesses Read More »

Is your business underinsured? Are you paying for more coverage than you need? Let’s explore what you need to know about ensuring your business is protected with the right amount of coverage. We all know that we need insurance to protect our business. From Business Insurance and Business Interruption Insurance to Business Protection Insurance, there …

Future Proofing Your Business With Insurance Financing & Instalments Read More »

Term or Whole of Life Insurance? Looking at this question, you wonder should I Google again and confirm “it is Term Insurance.” In Google, you will end up with the smart writers who will prove it with a calculator that “Term Insurance is cheaper and easily affordable.” My experience in this industry for the past …

Life Insurance: Beyond the Calculator – Navigating the Real Value of Term vs. Whole Life Policies Read More »

According to Dubai’s Health Law No. 11, all residents, expats, and dependents are required by law to carry health insurance. Your health is your most valuable asset, and when your health is in jeopardy, you need to know your medical bills will be covered. Medical insurance provides coverage for medical expenses relating to an accident …

Pre-existing Medical Condition in Health Insurance – What You Need to Know Read More »