|
Marine Insurance (Cargo & Hull) |
Marine Cargo
Insurance
Covers goods transported by land, sea, air and post |
Marine Hull
Insurance
Covers Hull and Liabilities |
|
|
|
Aviation Insurance |
|
|
|
Fire Insurance |
|
The
standard policy covers fire and/or lightnings. Coverage
can be extended to include the following allied perils
under a standard fire policy:
8Explosion
8Aircraft
damage and/or articles dropped therefrom
8Storm,
Tempest and Flood
8Bursting
and/or overflowing of water pipes/apparatus/tanks
8Earthquake
8Riots,
Strikes and Malicious Damage
8Impact
Damage caused by vehicles
8Theft/burglary
following forcible and violent entry |
|
5Top |
|
Workmen’s Compensation / TPL
Insurance |
|
|
|
Engineering type of Insurances |
Contractors All
risks
This policy covers the following:
|
(a) |
loss or damage to
the contract works caused as a result of:
8Fire,
lightning, chemical explosion
8Physical
Explosion
8Short
circuit, other electrical causes
8Earthquake,
flood, inundation
8Windstorm,
frost
8Theft,
burglary
8Malicious
acts
8Negligence,
human error, lack of skill |
|
(b) |
Legal Liability to
third party bodily injury or property damage caused as
a result of contract works |
|
(c) |
Loss or damage to
principal's surrounding property caused as a result of
contract works. |
|
Machinery Breakdown
This policy covers the following:
|
(a) |
loss or damage to
the machine caused as a result of:
8Physical
Explosion
8Short
circuit, other electrical causes
8Windstorm,
frost
8Malicious
acts
8Negligence,
human error, lack of skill
8Defective
material, bad workmanship
8Faulty
design. |
|
Electronic
Equipment
This policy covers the following:
|
(a) |
loss or damage to
the equipment caused as a result of:
8Fire,
lightning, chemical explosion
8Physical
Explosion
8Short
circuit, other electrical causes
8Earthquake,
flood, inundation.
8Windstorm,
frost
8Theft,
burglary
8Malicious
acts
8Negligence,
human error, lack of skill
8Defective
material, bad workmanship
8Faulty
design. |
|
Machinery Loss of
Profit (Consequential Loss)
This policy covers loss of profit following machinery
breakdown (MB policy is a must to take this cover)
|
(a) |
8Physical
Explosion
8Short
circuit, other electrical causes
8Windstorm,
frost
8Malicious
acts
8Negligence,
human error, lack of skill
8Defective
material, bad workmanship
8Faulty
design. |
|
Erection All Risks
This policy covers the following:
|
(a) |
loss or damage to
the contract works caused as a result of:
8Fire,
lightning, chemical explosion
8Physical
Explosion
8Short
circuit, other electrical causes
8Earthquake,
flood, inundation
8Windstorm,
frost
8Theft,
burglary
8Malicious
acts
8Negligence,
human error, lack of skill
8Testing
|
|
(b) |
Legal Liability to
third party bodily injury or property damage caused as
a result of contract works |
|
(c) |
Loss or damage to
principal's surrounding property caused as a result of
contract works. |
|
Contractors Plant &
Machinery
This policy covers the following:
loss or damage to the equipment caused as a result of:
|
(a) |
8Fire,
lightning
8Physical
Explosion
8Short
circuit, other electrical causes
8Storm,
tempest, flood
8Windstorm,
frost
8Theft/burglary
8Malicious
acts |
|
Deterioration of
Stock (Consequential Loss)
This policy covers deterioration of stock following
machinery breakdown (MB policy is must to take this cover)
|
(a) |
8Physical
Explosion
8Short
circuit, other electrical causes
8Windstorm,
frost
8Malicious
acts
8Negligence,
human error, lack of skill
8Defective
material, bad workmanship
8Faulty
design. |
|
|
5Top |
|
General Accident Types of Insurances |
Business
Interruption Insurance
This policy covers loss of profits due to interruption of
business following loss or damage caused by perils insured
under fire policy. The coverage granted is for loss of net
profit, standing charges and auditor's fees. |
Money Insurance
This policy covers loss of money in safe and whilst in
transit as a result of accident. |
Fidelity Guarantee
Insurance
This policy indemnifies the Employer (insured) against
loss of money or other property belonging to the insured
or for which the Employer is legally responsible as the
direct result of any act of fraud or dishonesty committed
by any employee described in the policy schedule. |
Personal Accident
Insurance
This policy indemnifies the insured person who sustains
bodily injury caused by violent accidental external and
visible means resulting directly and independently of any
other cause within twelve calendar months in death or
disablement or expenses in the manner provided in the
policy, |
Householders
Comprehensive Insurance
This policy consists of six sections covering different
risks. This policy is ideal for household items, which
covers loss or damage due to fire and allied perils to the
building and contents. It also covers additional expense
of alternative accommodation and loss of rent, Liability
to the Public, Liability as tenant for loss or damage to
the buildings, liability as tenant for cost of repairing
underground pipes and cables |
All Risks Insurance
This policy covers loss or damage to personal belongings
caused as a result of fire, theft or any accident or
misfortune.
8Engineering
8Contractors
All Risks
8Erection
All Risks
8Machinery
Breakdown
8Contractors
Plant & Machinery
8Electronic
Equipment |
Jeweller's Block
Insurance
This is a tailor made cover for Jewellers, which provides
comprehensive coverage for gold, jewellery precious metals
and stones. This policy also covers the contents against
all risks including fire, burglary, theft and holdup at
the premises and also whilst in transit. |
|
Travel Insurance |
|
Professional Indemnity
Insurance |
|
5Top |
|
Motor Insurance |
|
|
