Property Owner American Home Assurance Company (Dubai Br.

)
Indicative Quotation for PRADEEP ERAYIL PRABHAKARAN The H Hotel - Complex, Trade Center First, 27th Floor
May 15, 2023 P.O. Box 40569
Dubai, U.A.E.

Indicative Quote No.: QC1/05/2023/001214

We are pleased to provide you with an Property Owner Insurance Quotation for PRADEEP ERAYIL PRABHAKARAN. This comprehensive yet
affordable product, has been designed to protect your business against the financial impact of unexpected events.

Regards,
- BERNS BRETT MASAOOD INSURANCE LLC

Registered under UAE Federal Law No. 6 of 2007.

Insurance Authority No. 79.
Page 1 of 4 Commercial License No. 613392 dated July 6th, 2008
 Indicative Quote No.: QC1/05/2023/001214

Policy Details
Policy Wording: SME Package Multiline Policy Jurisdiction, Territory: United Arab Emirates
Product: Property Owner
Insurance Period: Annual from the date to be advised
Total Annual Premium: AED 918.75 (Inclusive of 5.00% VAT)

Policy Holder Information

Insured: PRADEEP ERAYIL PRABHAKARAN
Premises Address: Plot no 2922, Villa PA11-174, Wadi Al Safa 5,, Dubai, Dubai, P.O. Box 0000
Business Description: Villa

Section 1. Property Sum Insured/Limit

1.1 Material damage to property "All risks" coverage
Building AED 2,500,000
Contents (Furniture, fittings, tenants' improvement, alterations) Not Covered
1.2 Glass breakage AED 5,000
1.3 Architects, surveyor's and engineer's fees Up to 10% of property sum insured
1.4 Fire protection costs Up to 10% of property sum insured
1.5 Debris removal Up to 10% of property sum insured
1.6 Workmens clause Up to AED 10,000
1.7 Cost of recompiling records and claim preparation Up to AED 50,000
1.8 Leased property Covered
1.9 Public authorities Covered
1.10 Sprinkler leakage Covered
1.11 Impact damage by own vehicles Covered
1.12 Trace and access Up to AED 25,000
1.13 Designation of property clause Covered
1.14 Loss minimization expenses Up to AED 100,000
1.15 Expediting expenses Up to AED 25,000
1.16 Temporary repairs Up to AED 25,000
1.17 Errors & omissions Up to AED 25,000
1.18 72 hours clause Covered
Deductibles Property

Earthquake: 1% of sum insured on earthquake

Property All Risk: AED 1,500
Section 2. Business Continuity Sum Insured/Limit
2.1 Annual Rent Receivable Not Covered
2.2 Indemnity period Not Covered
Deductibles Business Continuity

3 days for each and every loss

Registered under UAE Federal Law No. 6 of 2007.

Insurance Authority No. 79.
Page 2 of 4 Commercial License No. 613392 dated July 6th, 2008
 Indicative Quote No.: QC1/05/2023/001214

Sum Insured Breakdown

Section 1. Property
Location Building Furniture, fittings and equipment Total
1 2,500,000 0 2,500,000

Total 2,500,000 0 2,500,000

Section 2. Business Continuity

Location Annual Rent Receivable Total
1 0 0

Total 0 0

Section 3. Public Liability Limit (per event)

3.1 Landlord's liability Not Covered
Deductibles Public Liability

for third party property damage: AED 1,500

Warranties and Conditions
The insured premises, namely floors, external walls and roof are constructed 100% Reinforced Cement Concrete (RCC) or 100% of
bricks/tile/concrete.
The insured complies at all times with Civil Defense Fire Safety provisions and requirements.
There have been no losses or claims for the past 4 years.
The insured has never had a proposal for insurance declined by an insurance company.
The location(s) being insured is not occupied for manufacturing or as a warehouse.
Owner does not reside within the premises.
Premises are fully occupied.
Cover does not extend to property belonging to tenants or any other third parties.
The total turnover does not exceed AED 36,000,000
Communicable Disease Exclusion
This indicative quotation is valid for 30 days

Previous quotes for this risk are no longer valid, unless otherwise agreed to by Underwriters.

Declaration
The proposer hereby declares the above particulars to be true and correct and agrees that they will be the basis of the contract of insurance
between the insurer and the proposer. The proposer hereby declares having provided a description of the risk by completed proposal form
or equivalent documentation, explicitly excluding copies of other insurance carriers’ slips/quotes/schedules.
By signing below, the proposer understands and agrees to all terms and conditions in the policy, when issued.

Date: May 15, 2023

Proposer's signature Insured Company Desired policy effective date:

The data provided by you has been relied upon to generate this insurance quote. The insurance quote is for indicative purposes only and is not intended to be binding. The information and descriptions contained
herein are not complete descriptions of the products and services, but are for general informational purposes only. Please refer to the actual policy wording, which will contain reductions, limitations, exclusions and
termination provisions. If there is any conflict between the contents of this document and the policy wording, the policy wording will govern in all cases. The products and services are brought to you by American
Home Assurance Company, a wholly owned subsidiary of AIG Inc. Certain names, words, titles, phrases, logos, icons, graphics or designs may constitute trade names, registered or unregistered trade-marks
("Trade-marks") of AIG Inc. used under license by AIG Inc.

Data disclosure clause

By executing this application, we, the Insurer, thank you for consenting to us processing data relating to you for the purpose of providing insurance products and services, legal, administrative and management
purposes and in particular to the processing of any sensitive personal data relating to you.

You, the Insured, consent to the Insurer, where necessary making such information available to third parties including but not limited to any Group Company, those who provide products or services to the Insurer or
any Group Company, and regulatory authorities, within and outside your country of domicile.

Registered under UAE Federal Law No. 6 of 2007.

Insurance Authority No. 79.
Page 3 of 4 Commercial License No. 613392 dated July 6th, 2008
 Indicative Quote No.: QC1/05/2023/001214

To review our privacy policy go to www.aig.ae

Registered under UAE Federal Law No. 6 of 2007.

Insurance Authority No. 79.
Page 4 of 4 Commercial License No. 613392 dated July 6th, 2008