Non-Life/ General Insurance
The policies in this area are aimed at providing indemnity to our various clients against material and pecuniary losses that could arise out of various risks such as Fire & Special Peril, Burglary & House breaking, Motor, Public Liability, Money, Workmen's Compensation, Marine, Plant All-Risk, Contractors' All Risks, Professional Indemnity and all other miscellaneous forms of insurance.
FIRE AND SPECIAL PERIL
This policy provides cover for loss or damage to your properties, e.g. office building, equipment, and other movable properties resulting from perils of:
• Fire, Lightning, Bush fire, Explosion, Earthquake, Fire Aircraft, impact (including your own vehicle).
• Tornado, Flood, Windstorm, Hurricane, Busting and over flowing of tanks and apparatus.
• Riot, Strike and malicious damage.
BURGLARY AND HOUSE BREAKING INSURANCE
This policy provides cover against loss or damage to your properties e.g. office building, equipment, and other movable properties, by theft following actual forcible and violent entry into or out of your premises or any attempt as such act.
This policy provides cover for the insured against loss or damage to the vehicle and/or its accessories arising from:
• Accidental collision or over-tuning consequent upon mechanical breakdown or wear and tear
• Fire, External explosion, self ignition, lightning e.t.c.
• Malicious act
• Third party liability
• Death or bodily injuries: unlimited
• Third party property damage: TPPD limit of N1,000,000.00 attract no premium
PUBLIC LIABILITY INSURANCE
This policy provides cover against legal liability for damages and claimant costs and expenses in respect of:
• Injury to third party
• Accidental damage to property happening during any period of insurance in connection with the insured's business their liability for products
This provides cover to the insured against:
• Loss of money belonging to the Insured or the which the insured is responsible as follows:
• While in transit
• From any of the insured premises as a direct result of theft
• From a locked safe or strong room at any of the insured premises
WORKMEN'S COMPENSATION INSURANCE
This policy provides compensation to employees for death or bodily injury by accident or disease arising out of and in the course of employment as required under the Workmen's Compensation Decree 1987. This class of insurance is tariff rated.
The policies relating to the above will provide indemnity to individuals and organizations against losses that may arise from the use of vessels, yachts and goods that are conveyed through these means of transportation. Competitive and economical rates are charged for both marine cargo and marine hull insurances.
PLANT ALL RISK INSURANCE
CONTRACTORS' ALL RISK
This is an all risk policy providing indemnity for loss of damage to construction work, loss or damage to construction equipments as well as Third Party Liability to the public at construction or erection site. The covers also extend to cover temporary building, equipments and materials while in transit.
This policy provides protection to the insured against his/her legal liability resulting from negligent advice or service giving to clients, and is designed to safeguard the insured against claims made by clients for any resulting loss or damage to their reputation.
OIL & GAS/SPECIAL RISKS
In oil and Gas, we provide comprehensive energy package that guarantees recovery in case of any operational/unforeseen incident. The package covers our insured's properties ranging from Rigs & Pipes, Operators extra expense, general liabilities, tank farms and other onshore properties.
• Personal Accident Policy
• Goods-In-Transit Insurance
• Aviation Insurance
• Product Liability Insurance
• Machinery Breakdown Insurance
• Fidelity Guarantee Insurance
• Performance Bond and Advance Bond
• Consequential Loss Insurance
• Travel & Health Insurance