Tailored insurance solutions
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected and stay protected.
Tailored insurance solutions
This policy is designed to improve the welfare of employees as well as to reduce or remove completely the financial burden that may be incurred by any organisation in the event of accident, death, or bodily injury to a member or staff of the Organization.
The policy provides a world-wide cover on a 24 hours basis and benefits payable in respect of death and permanent Disability are usually expressed as multiple of salaries.
This policy provides cover against claims brought forward by other third parties, which may occur in relation to an accident or series of accidents that transpire in relation to specified building projects.
This is designed for individuals or Corporate organizations who own or occupy a building that is for public use. It provides cover for:
The policy covers:
Life Assurance Benefits
In the event of the death of a member during service with the employer, a life assurance benefit (or sum assured) of three times the annual emolument (which usually comprises basic salary, transport and housing allowance) shall be payable.
This is an Insurance policy which provides cover for the construction/erection of machinery, plant & steel structures involving very little civil engineering works against following unforeseen sudden physical losses:
It covers losses during the testing and commissioning prior to hand-over and damage during the contractual maintenance period.
This Policy covers the Insured, his Executors, Administrators or Assignees against any loss or claim caused by breach of their professional duty to any of their clients which could be as a result of negligence, error, omission committed in good faith during the currency of the policy.
It provides protection against litigation obligations that may arise from professional negligence and mistakes.
Examples of those that can take up the policy include the following:
This policy covers all risks loss or damage to money as a result of fire, theft and other perils. It can be arranged to cover following situations:
This policy provides cover for loss of or damage to computer equipment from accidental causes whilst situated at the insured’s premises. It covers damages arising from impact, water damage, malicious damage, damage due to negligence or carelessness.
The policy can be extended to cover loss of revenue or additional expenses in using alternative facilities as well as cost of lost date.
Fidelity Guarantee insurance is an insurance policy designed to reimburse/protect the Insured (the employer) for the loss of money or property sustained as a direct result of acts of fraud, theft, forgery, embezzlement or dishonesty by an employee in the course of employment.
This is a policy that provides cover for all risk of accidental damage to the insured goods whilst in transit. It covers damage as result of fire, collision or overturning of the conveying vehicles (s) and theft. It also covers damage to the goods whilst loading and unloading.
The policy covers unforeseen and sudden physical loss of or damage to the insured machine whilst at work or rest and during cleaning, inspection, over-hauling or removal to another position.
The sudden and unforeseen damage include:
Bond is a written and signed undertaken made by one party called the “Surety” to pay a certain amount of money to the “Principal” otherwise known as “Employer” if certain conditions are not fulfilled within a stipulated period of time by the “Contractors” also known as the Insured.
Bond can be refers to as a surety the principal of a project ask from a particular contractor.
Parties to a Bond
Types of Bond
This Policy covers loss of or damage to the Insured vessel(s) including any spare part of the vessel described in the schedule of the policy as given by the Insured caused by any of the following:
The policy basically covers fire, theft and accidental external damage to any of the insured’s plants and machinery. The policy covers the insured plants or equipment while they are at work, at rest or being dismantled for the purpose of cleaning or overhauling or being moved from one place to another for repairs.
This policy is designed to cover crops/forestry, livestock, machinery and equipment used in connection with farming activities against accidental destruction, damage, loss or death of livestock due to fire, lightning, explosion, windstorm, excessive rainfall, flood and / or inundation, malicious damage, subsidence and landslide, damage by wild animals, riot, strike and civil commotion, aircraft and other aerial devices and / or articles dropped there from, uncontrollable pests and diseases, drought, hail, theft and other perils that falls within the scope of the policy.
This Policy covers the Insured against loss of or damage to his/her Property caused by:
This policy covers indirect loss which accompanies an insured loss, such as loss of earnings resulting from fire or special risk damage. The policy is normally taken out in conjunction with the fire policy so that when the latter pays for the material damage to property insured under it, the consequential loss policy will pick up the indirect loss that will result from the primary loss of the fire peril.
The items usually covered under this policy are as follows:
House owner covers the house structure including the walls, roof, fixtures and fittings, garages, gates and fences, while the Householder covers house contents like household goods, personal effects and other moveable possessions. It provides compensation to the insured for loss or damage to insured property as a result of:
Contractors all risks insurance policy provides compensation to the insured for loss or damage by any means to:
In addition, it provides cover for fire and allied perils, storm, flood, cyclones, tempest, collapse, water damage for wet risks, etc. It also provides cover to third party liabilities in respect of:
This type of insurance covers any awards of damages given to a member of the public because of an injury or damage to their property caused by you or your business. It also covers any related legal liability to third party, costs and expenses as well as accidental death. This policy is suitable for all industrial units and business establishments exposed to liability arising out of accidents in the course of their business operations.