Provides protection against most risks and hazards properties of different kinds are exposed to, such as but not limited to fire, theft, impact ,weather damage, Riots, Civil Commotion, water damage, explosion…etc.

Property can be insured in two different ways, the first being under An “All Risk” Property Insurance Plan” and/or the second under An “Named perils” Plan.

An “All Risk” Plan provides cover against all causes of loss except those specifically excluded in the policy; Meanwhile The “Named perils” Plans includes damage-causing events specifically named in the policy usually consisting of fire & lightning as the standard benefit/s, and packaged with other perils such as impact, Explosion and burglary.

Covers the loss of income that a business suffers as a consequential loss to an insured damage, for an example while the facility is either closed because of the damage or in the process of being rebuilt after it. A property insurance policy only covers the physical damage to the business, while the additional coverage allotted by the business interruption policy covers the profits that would have been earned. This extra policy provision is applicable to all types of businesses, as it is designed to put a business in the same financial position it would have been in if no loss had occurred.

This type of coverage is not sold as a stand-alone policy, but as an ancillary cover to primary policy such as but not limited to any format of Property Insurance &/or Machinery Insurance lines, and since business interruption is included as part of the primary policy, it only pays out if the cause of the loss is covered by the overarching policy.

This policy provides cover for loss of or damage by deterioration or putrefaction to goods stored in any cold storage space specified.

Significant features and benefits:

• Deterioration caused by a rise or fall in temperature due to breakdown or accidental damage to the refrigeration equipment or non operation of the controlling devices of such equipment.
• Accidental failure of the public electricity supply can be included.
• Deterioration caused by the action of escaping refrigerant fumes can be included.

• Covers the loss of money, whether while in transit &/or stored in safe &/or registers, including but not limited to the following circumstances:
• During business hours, in transit or on contract sites while you or your employees are working there.

        After business hours; whether in a locked in a safe or in cash registers.

Engineering and Construction insurance

Our service portfolio can be tailored to suit the needs of each risk, and covers all aspecsts of engineering and construction risk:

•  Erection All Risks (EAR) insurance
  
• Builders risk/construction all risks insurance, Contractors’ plant and equipment
• Latent defects and IDI (Inherent Defect Insurance)
• Business interruption, delay in start-up and advance loss of profits
• Insurance for electronic equipment, software and software-business interruption
• Machinery breakdown insurance
• Engineering project cargo
• Risk consulting and engineering services