THE EXTRAORDINARY GENERAL MEETING WILL BE HELD ON Tuesday 9th December, 2025

Features of LASACO Oil & Gas Insurance Policy

Protection at each stage: Different types of policies are available to offer protection at each stage of a project including the exploration, construction and operational phases.

Areas of cover: Construction Erection “All Risks”, Delay in Start Up, Operational “All Risks”, Business Interruption / Operators Extra Expenses

Other Areas of Cover: Sabotage and Terrorism Marine Cargo Insurance, Directors, Officers Employers, Third Party, Environmental Impairment and Automobile Liability

Insurance covers for a wide range of assets: These includes drilling rigs, refineries, gas processing plants, pipelines, tank farms and terminals,

We cover companies operating at all stages of oil & gas exploration: We work with companies operating at all stages of the oil and gas exploration, production, refining, storage and transportation process.

Premium paid is subject to tax relief: Your investment with us is completely tax-free. When you do liquidate or perform any other activities on your policy, you won’t have to pay tax

Requirements

  1. Letter of appointment as Lead underwriter/Brokers slip
  2. NAICOM’s Approval in Principle (where necessary)
  3. Confirmation of premium payment
  4. Risk details
  5. Policy/endorsement document