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Corporations and Multinationals represent the top of the pyramid in terms of workplaces. Big investments carry even bigger risks and require additional measures of safety and limitation of liability. By protecting their cash and fixed assets such as vehicles, machinery, offices, or their delivery commitments such as shipping, and cargo, against accidents they guaranty the security of their business.
The human capital or workforce employed in corporations expects the best benefits.. ADIR brings forth a powerful combination of company and personnel insurance options as an incentive for the employee. 
Bound by its long history of delivering robust services to the highest ISO Quality standards, ADIR is able to cater for the needs of major corporations in a timely and professional manner
Adir through its international connections is able to cater any type of unusual coverage that could be needed.

Business Assets Continuity

Fire and Allied Perils - Earthquake

The bigger the business grows the more valuable the assets become. Corporates and Multinationals stand to lose more in the event of fire or natural disasters than other companies would, simply because they have invested more in their assets and business operations. ADIR has built the Fire and Allied perils coverage plan in a way to allow the best customized covers for each of your corporate needs.

The fire policy covers accidental physical damage to the movable and immovable property of the insured arising out of a covered fire with flames.

Additional covers:

• Liabilities towards: neighbors, co-owners, tenants and landlords
• Natural catastrophes: Earthquake, thunderbolt and/or lightning, storm, tempest and flood etc…
• Optional covers: Water damage, glass breakage, impact, aircraft, explosion, removal of debris, architects and surveyors fees etc…


Burglary

For corporates and multinationals burglary not only affects their possessions but also their reputation. Many people choose to deal with these high level companies for the trust and confidence that they inspire. ADIR’s coverage plan for Burglary serves to increase this sentiment by offering these companies extra reassurance that would highlight their profile as reliable business partners.


Business Interruption & Loss of Profit

For Corporates and multinationals, strategic planning is an integral part of their business activities. Risk Management is always at the heart of each strategy. Mitigate your Business Interruption & Loss of Profit risks through ADIR’s unique coverage plan. Conceived with businesses in mind, it is meant to offer you that comfort margin so you never worry about incidents beyond your control


Machinery Breakdown

Streamline your risk management process by introducing an additional coverage by ADIR for machinery breakdown. With a larger spectrum of business activities additional risks appear regularly. This coverage plan allows quality oriented corporations to maintain production levels and turnover even when unfortunate breakdowns happen.


Electronic Equipment

Safeguarding your electronic equipment should be treated with the same care as any other asset. With large corporations investing large sums in their digital infrastructure, ADIR stepped-up to the challenge and compiled a solid coverage plan for these needs. Your business remains unaffected as we compensate and indemnify you for the value of your damaged or lost electronic assets.
The covers include several factors such as Human error, technical influences, external influences and other factors.


Cash in safe and Cash in Transit

Corporations are known for having a large business model. For burglars, this offers a much bigger attraction in the hope of obtaining larger sums of cash. In today’s world, where thieves have become more audacious, the only real protection to your cash whether in-safe or in-transit is by resorting a solid coverage solution like the one ADIR is offering.


Infidelity of  employees

With larger business transactions volume, some employees of corporates might be tempted to undertake illicit actions that may affect the business and its reputation as a whole. Why leave your image exposed to the bad reputation of some individuals? ADIR can help you cover all your interests  with a plan that would eliminate this risk factor.


Cargo Insurance 

Customizing Cargo Insurance Plans for Corporate and Multinationals has always been an important issue for ADIR. A big part of the corporates and multinationals rely on international commerce and shipping. For that segment, the Cargo coverage offers the right protection to ensure an incident out at sea will not put a dent in the success of the company. The coverage can be done for each shipment separately or for all shipment made within a certain time frame that can go up to a year period.

Cargo Insurance:

Cargo Insurance covers

• The loss or damage to the consignment whether shipped by vessel, by truck or by plane.
• Duration of the coverage: the cover starts from the time the goods leave the warehouse or place of storage and ceases to the final destination agreed on.


Motor insurance

Your vehicles are a part of your identity and therefore should always be maintained in a shape that reflects the professionalism that one expects from a corporate or a multinational company. Avoid acute depreciation of your motor vehicle and ensure you are protected against all sorts of accidents occurring to or by your vehicle with ADIR’s comprehensive plan.

1-Motor Obligatory Insurance:

The obligatory insurance covers all bodily injuries caused by an insured vehicle to a third party. This insurance is imposed by the government under Law number 105 dated 30/06/1977, and law 9585 dated 30/01/2003.
The bodily injury claims are covered up to 750,000,000 L.L.

It is important to subscribe to this policy with a reliable insurance company. The results of a non paid claim can ruin lives. You should also be aware that the fixed price for this policy, set by the government, is 65,000 LBP, any policy below this charge is considered as illegal.

2-Motor Third Party Liability Insurance:

The motor third party liability covers your own liability towards Third Parties.

• Three Plans are proposed with the below covers: Material Damages ranging from 50,000$ to 1,000,000$ 
• Medical Expenses
• Permanent Partial or Total Disability 
• Death

3-Motor All Risks Insurance:

ADIR’s all risks offers are flexible and adaptable to the clients’ needs. This type of policy can be given to all private cars excluding taxis and Rental cars

Two offers are available: ADIR Plus* and ADIR*

3.1-ADIR plus:

• Third Party Liability 
• Third Party Liability due to Fire or Explosion 
• Bodily Injury 
• Fire & Own Damage up to the car value without deductible.
• Burglary & Hold-up up to the car value 
• Partial theft
• No depreciation on new spare parts
• Reparation at dealer’s garages for the first 3 years only
• Registration fees for new car in case of total loss
• Driver & Passengers up to: Medical Expenses: US$.2, 000.-
Death: US$.5, 000.-
• Air-Bags, Sensors &Tableau de bord without depreciation.
• Road assistance 24h/24h 
• Replacement car
• War, Civil War, SRCC & Terrorism up to US$ 2.500

Please refer to ADIR for a simulation

3.2-ADIR:
  • Third Party Liability
  • Third Party Liability due to Fire or Explosion
  • Bodily Injury
  • Fire & Own Damage up to the car value
  • Burglary & Hold-up up to the car value
  • Driver & Passengers up to: Death: US$ 5,000 -Medical Expenses: US$.1, 000.
  • Air-Bags, Sensors & Tableau de bord
  • Road assistance 24h/24h
  • Replacement car
  • War, Civil War, SRCC & Terrorism , Excluding Malicious Damage up to US$ 2.500

Click here to access a simulator Motor All Risk Simulator

*conditions applied


Bankers Blanket Bond

Banks are often the glue that holds the economy together. With investments spanning across many fields they are naturally exposed to additional risks that a regular business might not encounter. Whether faced by criminal acts by employees or by third party contractors ADIR’s Bankers Blanket Bond will cover the bank from financial loss incurred due to such events. It can cover specific persons or a position itself.


Contractors All Risks

Everyone has probably heard of the tallest bridge, the biggest tower or the largest power plant, but few have heard of the projects that were never completed due to unforeseen accidents faced during erections. When the investments in contracting are colossal, the protection of such investments should rise to the challenge and make sure that the entire construction period, including defects or deficiency, is covered. ADIR has thought of that in this exhaustive plan.

Erection all risks:

The Erection All Risk policy is designed to cover loss or damage to projects that involve erection/installation of plant, machinery and equipment ranging from erection of a single machine to a large power plant.

Contractors All Risks-

The Contractors All Risk covers the property during the construction period against any loss or damage that might arise from an unforeseen event.

Decennials insurance:

The Decennials Insurance covers the structural component of an insured property.


Events cancellations

Events are exciting moments that involve long hours of preparation and serious efforts to ensure their success. Sometimes hard work is not enough and you owe it to yourself and the collaborators who are working with you to add that extra layer of security to the event. Avoid last minute surprises such as power or equipment failure, social disturbances, natural perils or even unprofessional speakers and more through ADIR’s Event Cancellation plan:

Covers:

• Power failure
• Damage to leased or rented venues
• Damage to surrounding venues or infrastructure resulting in the lack of access to them
• Failure of public transport facilities or denial of access
• Natural catastrophe such as earthquake and flood
• Adverse weather conditions
• Non appearance of a Principal Speaker/Entertainer
• Inability to erect facilities at venue
• Disease outbreak
• Labor Dispute/Strike risks
• Failure of TV broadcast
• Terrorism
• Any other previously unforeseen cause not excluded


Protect and motivate Employees

Workmen compensation

The attractiveness of working for a larger corporation is that it usually provides the basic rights and benefits to its entire staff equally. The workmen compensation policy is a security base for both the employees and the company. It covers the employee during his time at work against any bodily injury and the company against any liability versus its employees.

This policy indemnifies the policy holder for all sums which he shall become legally liable to pay following death and Bodily Injury incurred through an accident sustained on Lebanese territory by any of his employees arising out of, and in the course of his employment according to the legislative decree 136 dated 16/09/1983

Workmen Compensation Covers:

  • Daily indemnity in case of temporary disablement
  • Indemnity in case of Permanent and Total disability
  • Indemnity in case of death, including funeral expenses
  • Medical, chirurgical, pharmaceutical and hospital expenses
  • Installation expenses related to prosthesis devices
  • Transport expenses to the victim's address

Group Health Care Plan

With our extensive experience of catering for large corporations, we, at ADIR, have understood the concerns associated with extending a proper benefit package to your employees. Our Medical plan is designed to work independently or in conjunction with the National Social Security Fund coverage to offer worldwide coverage in case of emergency and 24/7 assistance. Your employees will get top of the line service and will definitely feel they are among people who care for them within your organization.

ADIR’s program is managed by NEXTCARE; a third party administrator specialized in the medical assistance & support.

Coverage Benefits:

• 24/24hrs Assistance, all year round.
• Network :
       a. Class A (1 bed) : All hospitals 
       b. Class B (2 beds) : All hospitals
       b. Class K (2 beds): All Hospitals, excluding Clemenceau Medical Center, American University of Beirut Medical Center and Hotel Dieu de France.
• Medical Expenses resulting from emergency and approved cases.
• Lifetime limitation for Chronic Diseases
• Prosthesis including stent related to a covered medical necessity are covered up to:
• Physiotherapy treatment related to post surgical intervention or following an accident requiring hospitalization whether delivered at the hospital or outside, during the contractual period of the policy and up to 30 sessions per person per year.
• Maternity benefits including delivery, medically mandated abortion, miscarriage and epidural.
• Morgue and burial costs if the insured dies at the hospital up to US$2,000-
• Newborn Babies medically eligible, and whose maternity has been covered by the Insurance Company, will be added to the Policy, from day zero, free of charge, and for the remaining contractual period of the parents Policy, and will benefit from the same Policy terms and conditions. 
• Infertility shall be covered as per policy terms and conditions. up to :
• Breast Reconstruction following partial or complete breast excisions due to a breast cancer with the cost of the prosthesis is covered up to US$3,000- (Three Thousand US Dollars) for all classes, as per Policy terms and conditions.
• All Adherents will benefit from a worldwide coverage that allows them to a reimbursement of medical expenses incurred abroad according to ADIR’s preferential tariff.

OUT of Hospital

Insured patients may use any Laboratory, Diagnostic or Physiotherapy center within our Network after consulting their attending physician.
The Special advantages under the Ambulatory Plan are:

• Up to US$5,000- per year
• Coverage of most Pre-Marital tests as mandated by Lebanese Law
• Three obstetrical Ultra-Sound, One morphological Ultra-Sound, One Amniocentesis per pregnancy when maternity is covered
• Laser therapy, Physiotherapy, Kinesitherapy
• Thallium myocardial scintigraphy
• Abdomino-Pelvis Ultrasound
• One Osteodensitometry test is covered per year when medically necessary

PENSION SCHEME

As a business owner, your biggest asset is often your human capital. Skilled staff and employees’ empowerment is a key to success and business growth. What better way to show them that you value their presence and commitment than offering them a pension scheme?

ADIR’s Group Pension is a saving and protection plan especially designed to show your employees that you are keen about their retirement and willing to invest in them for many years to come. It simply shows that after a long time of service you want them to enjoy their golden age with more than what other retirement pillars have to offer. As an additional benefit, the employees will be protected against an array of risks during their employment in the Company.

Contract Term:

The Group Pension is a saving and protection plan designed to offer employees reliable retirement solutions with additional protection benefits, and it will also allow the employer to retain them. It consists of monthly installments to be shared between the Employer and the employees

Basic Cover:

Death all causes

Additional Covers :

  • Permanent and Total Disability
  • Accidental Death Benefit
  • Terminal illness
  • Passive War Risk covering Death
  • Passive War Risk Covering Permanent and Total Disability

Main Advantages:

  • Easy and simple preparation for Golden Age with decent monthly contributions
  • Ability to maintain the same standard of living after retirement
  • High return with a served interest greater than market’s rate
  • Transparent fees and charges
  • Diversified protection coverage
  • Flexibility on performing all types of amendments

Group Life insurance and Group Credit Life

ADIR offers to this higher segment of businesses a life insurance plan that fits into their corporate employee packages. The Level Term Life Plan offering is a necessity for any big business that invests heavily in acquiring valuable human capital in a very competitive world where employee turnover is on the rise. Focus on the key elements that make your employee feel attached to your corporation and take their mind off worries through these comprehensive terms and benefits:

Group Level term life

Main Cover:

Natural & Accidental Death Benefit.

Additional Covers :

• Permanent & Total Disability Due to Sickness and Accident
• Passive War Risk in case of Death Benefit.
• Passive War Risk in case of Permanent &Total Disability 

Anyone aged between 18 and 64 years can adhere to this policy. The cover ceases at age 65.

Group Credit Life

The credit life Policy covers the outstanding loan amount of the borrowers in case of deficiency. It can be adapted to all sorts of debts and loans from financial institutions or banks.

Main Cover:

Natural & Accidental death benefit

Additional Covers:

• Permanent & Total Disability Due to Sickness and Accident
• Passive War Risk in case of Death Benefit.
• Passive War Risk in case of Permanent &Total Disability 

Anyone aged between 18 and 64 years can adhere to this policy. The cover ceases at age 65.


Travel Insurance and Assistance Plan

A big part of what distinguish a large corporation from any other business is the care it puts in its human capital. Complete your offering to your staff who are required to travel for business purposes. ADIR’s Travel Coverage can be adapted to protect them against any unfortunate event during their trip. The offer can also be prepared for groups travelling together.

Travel Insurance and Assistance plan

A Travel Insurance which provides medical protection and assistance services for the insured persons in the event of a sudden illness or accident during their journey outside their usual country of residence.

Covers:

• Medical Expenses
• Medical Repatriation
• Extension of the stay due to illness or injury abroad
• Travel and accommodation expenses of an immediate family member
• Dispatch of medicines
• Repatriation of mortal remains
• Emergency return home following the death of a close family member
• Emergency return home following damage at his place of residence
• General Information services
• Advance of funds
• Loss or damage to registered luggage and/or personal effects
• Compensation for expenses due to delay in luggage arrival
• Compensation for loss of Passport

Insure Business Liabilities

General Third Party Liability

Whether it is by malicious intent, by accident or by negligence, the possibility for things to go wrong is always present in any company and even more in a large corporation. Why waste time and resources into fixing things after the damage has been done, when you can simply receive the best coverage against such liabilities.ADIR has the right protection for every aspect of your business from the top of the managerial level down to the smallest member of your operation. 


Professional Liability Insurance 

This policy combines the general third party covers with the specific requirements of the Professionals. It is required by professionals, with expertise in specific area, to secure their work with a specific professional liability cover.   Professional liability insurance covers claims arising out of business or professional practices such as negligence, malpractice or misrepresentation.


Product Liability Insurance

The product liability protects the insured against all claims that might arise from his relative products. This will include the claimant’s cost and litigation’s expenses in case of bodily injury or loss or damages to tangible property.
This policy shall indemnify the insured against all sums which he shall become liable to pay for compensation and claimant’s costs and expenses including the expenses of litigation for:

  • Bodily Injury (including death to or illness or disease) of or to any person
  • Loss of or physical damage to tangible property, caused by any commodity or goods manufactured, sold, supplied, installed, erected, repaired, altered or treated by the insured

 

Directors and Managers Liability insurance

This type of liability insurance covering directors and managers for claims made against them while serving on a board of directors and/or as managers


Basic covers:

  • Management liability for individuals, outside entity directors, company reimbursement
  • Special excess protection for non executive directors

Additional covers:

  • Covering the bilateral discovery period and the period for retired insured persons
  • New subsidiaries
  • Emergency costs
  • Additional regulatory crisis response
  • Mitigation and avoidance services
  • Assets and liberty costs