Property Insurance
This provides indemnity to business premises, contents and stocks against loss or damage to property caused by;
- Fire
- Burglary
- Political violence & terrorism
- All risks
This policy is ideal for property developers, industrial companies with respect to their plant and machinery, general contents, office equipment and stocks in trade.
- Electronic Equipment Insurance
- This policy provides coverage to your electronic equipment against sudden mechanical and electrical breakdown, faulty material and design, lightning, over voltages and unforeseen physical damage.
Benefits to the Insured
- We shall provide Coverage for theft of your insured property following forcible entry and exit from premises
- We shall provide Coverage for damage to the insured property during theft or attempted theft
- We will provide Coverage for theft consequent upon threat of immediate violence or violence intimidation
- You will be eligible for a discount if the loss ratio is very low and if have hired a 24 hour watchmen for your business premises
Requirements
- We will require a duly completed and signed proposal form from you
- Company certificate of registration
- PIN certificate for the company
- List of items to be insured and their values
- Location of the business premises
- For you to take up this policy we will require you to take up the Fire and special perils cover
Procedure
- Property damage claim form to be filled by the insured
- Police abstract
- Pro-forma invoice, quotation, purchase receipt or replacement receipts of the similar items stolen
- Inventory of the items stolen/damaged
- Written statement by the insured and any witness available
