GENERAL ACCIDENT INSURANCE POLICY

Group Personal Accident

It is a 24hr policy designed to provide compensation to the insured or his legal representative for:

  • Death
  • Permanent total disablement
  • Temporary total disablement
  • Medical expenses

It is an accident cover ideal for senior employees. Benefits are not limited to only work related accidents.

Burglary (Business Premises)

This policy, provides cover for loss of or damage to property by theft following forcible and violent breaking into or out of your Commercial or Business premises or any attempt there at.

Fidelity Guarantee

This policy offers you protection against the infidelity of employees such as accountants and cashiers who deal with finances/cash of the Company. The policy shall reimburse you for all loss of money due to acts of fraud and dishonesty on the part of accountants and cashiers.

Money Insurance

The policy indemnifies the insured for any loss of money from causes not specifically excluded whilst kept within the insured premises and or whilst during transit.

Asset All Risk

This a is a Comprehensive policy that covers accidental damage, fire and burglary to the insured Items. Losses from every risk is covered except those specifically excluded.

Public Liability

This policy provides: indemnity to the insured for his legal liability for:

  • Accidental bodily injury to or illness or death of a third party.
  • Accidental loss of or damage to property occurring in connection with the insured’s business, if such injury or damage occurs on the insured’s premises.

Products Liability

A Product Liability policy indemnifies the insured against legal liability to pay compensation arising out of any defect in the products manufactured by the policy holder and covered under the policy.

Essentially, product means any tangible goods or property after it has left the custody and control of manufacturer – which has been designed, specified, formulated, manufactured, constructed, installed, sold, supplied, distributed, treated, serviced, altered or repaired by/or on behalf of the insured.

Professional Indemnity

This policy is used to cover professionals such as Architects, engineers, Doctors, Accountants, Consultants etc. against their professional negligence in the course of their practice.

Goods-in-Transit

This is an Insurance cover for loss or damage to goods while in transit by any insured vehicle. The loss or damage should be covered by

  • Fire
  • Theft following violence or theft if violence by employees of the insured or carrier
  • An accident to the carrying vehicle.

Cash-in–Transit

This is an Insurance policy against loss of money in transit or whilst secured in the insured’s vault or built-in-Metal safe.

Bankers Indemnity

This is a special policy for Banks which provides cover for claims arising out of errors, omissions, misstatements, misleading statements, neglect, breach of trust or breach of duty among others.

Plate Glass

This is also a special policy that covers loss or damage. It is ideally suited for all business establishments that have plate glass installed in their business premises such as showrooms, shopping complexes, restaurants, hotels, theaters, stadiums, etc.

Directors Liability

This is a policy that protects the Directors by providing indemnity for any loss arising from a claim as a result of a “Wrongful Act” committed while they are carrying out their duties and obligations in their position as a Directors or Officers. In today’s litigious environment, Directors or Officers are held personally liable for the management of the affairs of the company.

The exposure is not limited to large corporations, but Directors of small and medium companies are similarly exposed.