Your Preferred Insurance Advisor
Public Liability This policy is essentially for corporate organizations and it is designed to indemnify the insured against all sums (including litigation costs and expenses) for which he/she is legally liable in respect of accidental bodily injury to or illness of any person (resulting to death or not) and accidental loss of or damage to property, resulting in connection with …
Workmen’s Compensation The policy is required of employers by law to provide compensation to workmen for death resulting from injury, permanent total disability, permanent partial disability, temporary disability, and medical expenses and cover is limited to official working hours. In Nigeria, there are provisions relating to compensation both in the common law and specific legislation passed by government. The principal …
Fire Consequential Loss This policy is mainly suitable for manufacturers and it covers loss of earning power following damages/loss caused by fire/special perils. It makes good (net) profit lost, fixed/standing charges, cost of working/additional expenses, wages and auditors’ fees. Machinery Consequential Loss Machinery consequential loss policy covers loss of revenue resulting from interruption or interference to business caused by an …
Fire & Special Perils A standard fire policy covers Fire (whether resulting from explosion or otherwise), Lightning, and Explosion of boilers or gas used for domestic purposes for lighting or heating as long as the building does not form part of a gas work. For an additional charge, the policy can be extended to include special or additional perils such …