1. General Insurance

Our General insurance covers insurance of property against fire, burglary, theft; personal insurance covering health, travel and accidents; and liability insurance covering legal liabilities. This category of insurance virtually covers all forms of insurance except life. 

We provide various tailor-made, specialised products to ensure that your business and employees are protected against the risks you face while you take care of managing and growing your venture. Our business insurance cover will give you peace of mind in terms of the following: 

Fire and Perils; Covers loss of / or Damage to Property by Fire, lightning, thunderbolt, earthquake, volcanic eruption or subterranean fire, Storm, tempest, Flood or other allied perils. 

Business Interruption; This provides compensation to your business for consequential losses incurred as a direct result of the perils covered under Fire and Perils. 

Other covers may include insurance against errors and omissions for professionals, credit insurance etc. Common forms of general insurance are motor, fire, home, marine, health, travel, accident and other miscellaneous forms of non-life insurance.

1.1 Property Insurance

Suitable insurance cover for your property. Policy covers include:

• Fire and related perils – indemnifies against loss caused by fire including property damage and business interruption
• Domestic package – covers private dwelling house including buildings, contents, domestic staff, owner’s liability and occupier’s liability
• Theft/Burglary – covers include full value policy and first loss theft policy
• All Risks – provides the widest form of property cover including accidental loss of or damage to the property insured as well as business interruption
• Money – against loss or damage; covers transit risks, premises risks and damage to the safe and the strong room
• Goods-In-Transit – compensates against loss, destruction or damage to property while in transit
• Contractors’ All Risks – indemnifies against accidental physical loss or damage or destruction to property and business interruption
• Engineering – provides cover for items of commercial/industrial equipment e.g. boilers and pressure plant, engine plant, electric plant, lifting machinery and computers

1.2 Liability Insurance

Provides indemnity in respect of the financial consequences of legal liabilities. Policy covers include:

• Public liability – protects against injury to third parties and loss or damage of third party property
• Product’s liability – against injury to persons or damage to property caused by the company’s products or goods
• Professional indemnity – for professionals or companies’ legal liabilities to third parties rising from professional negligence of the companies or its employees
• Directors’ and officers’ liability – indemnity to the company and/or director(s) for negligence in running their company
• Work Injury Benefits Act (WIBA) – covers legal liability of an employer relating to injury sustained by an employee arising out of and in the course of employment

 1.3 Guarantee Insurance

Compensates in respect of loss suffered as a result of the failure to perform a task agreed on. Policy covers include:

1. Fidelity guarantee – where employee(s) handle employer’s money or other property
2. Credit – against loss suffered if the money owed is not paid.
3. Bonds – including performance bonds, bid/tender bonds, immigration/security bonds, court bonds, customs/imports bonds, Excise bonds and Warehouse bonds

1.4 Accident Insurance

Provides benefits in the event of death or disability and covers medical and funeral expenses. Policy covers include:

1. Personal accident – against bodily injury resulting directly from accident
2. Group personal accident – for employers wishing to provide benefits to their employees
3. Travel – tailored to meet the needs of students, groups, individuals and corporate business travellers and covers accidental injuries, medical expenses, loss of personal effects, travel delays, hijack, personal liability, legal expenses

1.5 Transport Insurance

Provides benefits in the event of death or disability and covers medical and funeral expenses. Policy covers include:

• Motor – a choice of: act only cover; third party only cover; third party, fire and theft cover; and comprehensive cover
• Marine – covers the ship (against sea related perils), cargo and freight (sum paid for transporting goods)
• Aviation – for small aircrafts only and covers the loss or damage to aircraft and liability to passengers/third parties

1.6 Agriculture Insurance

Cushions against effects of production and market price volatility in crop and livestock enterprises.
Classes include:

1. Crop insurance
2. Livestock insurance
3. Poultry insurance
4. Forestry insurance
5. Green house insurance
6. Aquaculture insurance