Property Insurance

insurance beenfits

property insurance

Perils typically covered by property insurance include damage caused by fire, smoke, wind, hail, weight of ice and snow, lightning, theft and more. Property insurance also provides liability coverage in case someone other than the property owner or renter is injured while on the property, and decides to sue.

The main insurance policies we provide under property insurance are:

FIRE INSURANCE

The ordinary fire Insurance covers fire and lightening due to external means. The policy can be extended for the following perils on payment of additional premium.

Special Perils such as:-

  • Storm or Tempest

  • Rain

  • Flood

  • Overflowing of guttering

  • Bursting of water pipes

  • Aircraft and aerial devices

  • Impact by road vehicles

  • Subterranean fire

  • Earthquakec). Bush fired). Riot and Strikee). Malicious Damage

POLITICAL VIOLENCE AND TERRORISM PROTECTION POLICY

Provides financial security arising out of political violence and or terrorism which causes damages to your residential and business properties or lives of self, family and employees.

PROFIT PROTECTION POLICY

Covers company’s loss of profits, arising out of fire to your business properties and breakdown of your production machineries.


BURGLARY INSURANCE

The Burglary insurance covers forceful entry or exit by using violentmeans. It does not only cover burglary but also the damages done by the burglars during the course of the burglary. The policy can be taken on first loss basis which means the insured selects the value of the sum insured anticipating a maximum loss or damage that can be sustained through burglary at any time and the premium is charged on the selected limit and nominal premium is charged on the total value at risk.

ELECTONIC AND ELECTRICAL ALL RISK POLICY

The policy covers electrical and electronic equipment like computers, fax machines, photocopiers, air conditioners, etc. insured is to supply list of the equipment to be covered along with the identification/serial numbers, make etc.

MOTOR VEHICLE INSURANCE

The policies are available on comprehensive and Third Party Insurance for the motor vehicles with the extension of risks such as:-

  • Third Party injury with increases limit (U.Shs. 5mn)

  • Third Party property damage (UShs. 5mn)

OTHERS, Include.

  • Professional indemnity.

  • Plate glass.

  • Contractors all risk.

  • Erection all risks.

  • Contractors plant and machinery.

  • Bonds.

  • All risk policy.

  • Industrial all risk policy.