GUIDE TO INSURANCE PRODUCT

A summary of various insurance policies is given which provides an insight to those risks that may be present in your business and for which there will be need to arrange cover against them.

Some of these policies are essential for both individuals and corporate organizations in view of the presence of risk in every sphere of life which may come in form of illness including death, loss or damage to property, pension and retirement benefits.

Property and Casualty Risks

There are various ranges of policies for personal lines products and manufacturing concerns and products to meet specific needs of individual clients can be selected. Value for money is achieved and we continually seek out new improved insurance products.

Such products are:

Fire and Special Perils: covers property against fire, lightning, explosion, flood, storm etc.

Burglary and Theft: affords cover for loss or damage or attempt thereof to steal properties insured.

Motor Insurance: cover loss by theft or accidental damage to vehicles and may be extended to cover strike, riot, civil commotion etc.

Group Personal Accident: 24 hours benefit policy against accidental bodily injury that may be sustained including providing incapacity and disability benefit. Medical Expenses incurred is also covered by this policy’

Fidelity Guarantee: infidelity by employees can occur at any time which might involve cash or stock held by them in possession/ trust or for which they are responsible.

Workmen’s Compensation: Provides same benefit s as Group Personal Accident but only affords cover in the course of employment as statutorily enforced by the Workmen’s Compensation Act 1987.

All Risks: Loss or damage either by theft or fire but exclude breakage of items insured.

Money/Cash In Transit: cover for Cash-In-Transit and while contained in safe including damage to the safe, money in personal custody, money out of safe during office hours.

Goods In Transit: Loss or damage sustained to goods being transported from one place to other.

Public Liability: Liability to third parties that might occur as a result of negligence or otherwise is covered by this policy.