OUR PRODUCTS
General Accident Insurance
Housebreaking/Burglary Insurance
It provides indemnity for loss of or damage to properties
resulting from theft or attempt thereat following visible and
violent entry or exit from the premises.
It also covers damage to building or property in the bid to
effect entry or exit in connection with burglary or theft.
Group Personal Accident Insurance
This policy provides cover for bodily injury (permanent or
temporary) caused solely and directly by accidental, violent
and visible means on 24 hours basis anywhere in the world.
Compensation is equally provided where such accident
results in death or hospitalization.
Employers’ Liability/ Workmen’s Compensation Insurance
Under the Workmen’s Compensation (Decree 17, 1987) all
employees of a company are deemed covered irrespective
of position, and medical expenses are unlimited. The
workmen compensation covers the employees only during
working hours against Death, P.T.D., T.T.D and unlimited
Medical Expenses (but subject to expenses incurred being
reasonable with underwriter’s prior consent).
Product Liability Insurance
Product Liability Insurance is a form of general liability
insurance meant to protect the insured from financial and
legal consequences as a result of bodily injury or property
damage due to the use of their business’s sold goods or
products. It covers the legal and court costs of defending
any claims of bodily injury, property damage, or financial
losses caused by the insured’s product.
Public Liability
A General Public Liability policy protects the insured in
respect of his Legal Liability to Third Parties for both bodily
injury, death and for any loss or damage to property.
Professional Indemnity Insurance
that may arise by reason of any neglect, error or omission
committed in a professional capacity by the person insured
or by any partner, director, persons who may be in his
employment. The policy also takes care of all costs, charges and expenses required to contest the case and all other
expenses made with the consent of the Insurers.
Fidelity Guarantee Insurance
This is the only policy that provides Compensation to an
employer against the dishonest acts of his employees for
money or stock, e.g. Cashiers, Accountants, Store
Keepers, Stock brokers, Salesmen and so on.
Occupiers Liability Insurance
This policy protects the owner or occupier of the building
against legal liabilities for bodily injury, death and
loss/damage of property suffered by any user of the
premises and third parties, as a result of fire, collapse,
storm, earthquake, storm, flood or any allied peril.
It also covers legal costs which are recoverable from the
insured by claimants, and costs and expenses incurred by
the insured.
General Third-Party Liability Insurance
This is a policy that provides cover against your legal
liability to pay compensation for injury or damage to
property caused to a third party in connection to your
business. For example, if a customer slips and trips while
on your business premises.
Directors and Officers Liability Insurance
This is a policy that provides cover for the personal assets
of corporate directors and officers, and their spouses, in the
event they are personally sued by employees, vendors,
competitors, investors, customers, or other parties, for
actual or alleged wrongful acts in managing a company.
Money Insurance
Cash-In-Transit policy provides compensation for loss of
money belonging to the insured or for which the insured is
responsible, occurring;
1. whilst in Transit from or to the bank.
2. whilst in the safe – the safe maybe broken into and the
cash stolen.
3. whilst in personal custody or possession of responsible
officials like cashiers, Accountant or Managing Director.
4. damage to the safe.
All Risks
This policy provides protection for items and personal
belongings that are of high value in nature and movable like
Jewelries, Paintings, Cameras, Laptops, Computers, Wrist
Watches etc.
It provides protection beyond the normal scope of Fire and
Burglary as loss arising from accidents, larceny, infidelity
and cover extends while the property insured is in transit
and from one place to another, and whilst temporarily
housed.
All Risk cover is a worldwide cover as any loss /damage to
the insured item anywhere around the world is covered
unless it is specifically restricted to a particular
geographical location. All Risk does not mean that all
losses are covered as there are specific exclusions in the
policy.
Building Under Construction
Section 64 of Insurance Act 2003 stipulates that for
buildings under construction, every owner or contractor of
any building under construction with more than two floors
must take an insurance policy to cover liability against
construction risks caused by his negligence or that of his
servants, agents or consultants which may result in death,
bodily injury or property damage to workers on site or
members of the public.
This insurance policy also covers liability for collapse of
buildings under construction.
Goods-in-Transit Insurance
This product provides for loss or damage to goods whilst in
Transit or during loading or unloading under two types of cover.
a) Restricted Cover Fire, Accidental Damage caused by collision or overturning of the carrying vehicle(s) Theft by violence or any attempt thereat.
b) All Risks Cover Covering the properties independent of whatever happens to the conveying vehicle.