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Bond Insurance

January 29, 2014 | posted in: All General Business Policies, General Menu | by

Bid Bond/Tender Guarantee: This is required in connection with submission of Tenders for Contracts. The purpose is to guarantee that the Bidder (Contractor), if awarded the Contract will enter into the Contract and to furnish the required Performance Bond. Apart from being a guarantee, it also qualifies the Contractor to bid for a Contract. Thus..

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Fire & Special Peril Insurance

January 29, 2014 | posted in: All General Business Policies, General Menu | by

This policy covers material damage caused by fire, lightening and explosion to insured properties. Cover under this class of insurance can also be extended to cover the allied perils of flood, bursting, leaking or over-flowing of water pipes, apparatus and tanks, storm damage, riots and strikes as well as malicious damage. Exclusions: This policy does..

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Burglary Insurance

January 29, 2014 | posted in: All General Business Policies, General Menu | by

This class of insurance offers compensation to the Insured for loss of or damage to insured property following theft accompanied with forcible or violent entry or exit. This insurance is available to cater for misfortune as a result of theft of any of the insured items.

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Authorised and Regulated by the National Insurance Commission (RIC 023)