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SERVICES
MEDICAL & LIFE
MEDICAL CLASSES
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MEDICAL - INDIVIDUAL & GROUP COVER
This provides cover for any medical bills that may be incurred due to acute & chronic illnesses, accident, medical procedures, major diseases, maternity, operations, optical, dental & international emergency evacuation. We are able to tailor make the products to suit your medical & financial needs. For group medical, members usually receive insurance at a reduced cost because the insurer's risk is spread across a group of policyholders. Members are able to access medical treatments from selected health facilities by just producing a membership card or electronic number.
GROUP PERSONAL ACCIDENT (G.P.A)
G.P.A provides 24 hours cover for accidental bodily injury or death caused by external, violent & any visible means. It provides compensation to insured members of a group for accidents leading to injury or death. This policy is, however, not a replacement for health insurance. All permanent & fixed contract employees of a company or an organisation can be covered.
GROUP LIFE ASSURANCE (G.L.A)
The policy is a benefits policy that provides cover for death of insured employees arising out of natural causes or by accidental death. The pay-out is based on the multiple of the salary (i.e. 1 x annual salary, 2 x annual salary etc).
GROUP FUNERAL EXPENSES (G.F.E)
This provides a lump sum to the family in the event the employee or the beneficiaries pass away before retirement of the employee.
TRAVEL INSURANCE
Travel insurance typically covers hospital fees & treatment in case of injury or illness, plus emergency medical evacuation if you need to be transported somewhere for health reasons as well theft of luggage, in-transit delay & death during the specified period of travel.
CREDIT LIFE POLICY
This provides cover to pay off the outstanding balance of a loan in the event that the loan holder passes away, becomes disabled, suffers a dread disease, dismissal, retrenchment or redundancy. This policy protects the employee's dependents & is also required by some financial lenders. The type of loan covered includes:
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Personal loans
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Vehicles
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Mortgage
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Business loan protection
PENSION, GRATUITY & ANNUITY
PENSION
This refers to a regular payment made during an employees's retirement years, originating from an investment fund to which the employee & possibly the employer have contributed during the employment years. Pensions are designed to provide a steady income stream post-retirement, ensuring financial security & stability.
GRATUITY
This is a lump sum payment made by the employer to the employee as a gesture of gratitude for the services rendered during the tenure of employment. It is governed by specific laws & is payable upon the completion of a certain period of service or upon retirement. Gratuity is not deducted from the employee's salary but is an obligation that employer must fulfil under certain conditions.​
ANNUITY
An annuity is a contract between a buyer and an insurance company that provides the buyer with a regular series of payments in return for a lump-sum payment. An annuity is most commonly used to establish a steady stream of income in retirement.
RETIREMENT BENEFITS
GENERAL AND MOTOR INSURANCE
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BID BOND
Provides Project Owner with comfort that the terms of any bid submitted are genuine and avoids unrealistic offers being made. Bid Bonds accompany tenders.
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Guarantees compensation payment to the Project Owner if the successful bidder doesn’t honour the terms of the bid and seeks to renegotiate / renege (go back on a promise).
ADVANCE PAYMENT GUARANTEE
Enables Project Owner to help Contractor’s cash flow. Project Owner pays a percentage of total contract cost up front to help fund purchase of key items such as materials / heavy machinery, avoiding start up delays.
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Guarantees reimbursement of ‘unused’ Advance Payments to the Project Owner in the event the Contractor goes bust or is unable to perform to the terms of the contract causing it to be cancelled.
PERFORMANCE BOND
Provides Project Owner with comfort that the quality of the project will meet the standards specified in the contract. Avoids Contractors not remedying work defects or carrying out work which is below required standard.
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Guarantees compensation payment to the Project Owner should the quality of the Contractors work not be as agreed or the Contractor is unable to repair any identified defects during agreed post completion period.
WAREHOUSE BOND
This type of bond is where the guarantor is giving an undertaking to cover the amount of customs duty payable on imported goods kept in a bonded warehouse. The goods stored in the warehouse may be manipulated or undergo manufacturing operations. Simply put, it is the storing of goods with deferred duties.
REMOVAL IN TRANSIT
This is cover for goods in transit to another destination. A removal in transit bond is put in place to ensure that goods get to the final customer without duty being paid whilst in transit.
INDUSTRIAL ALL RISK INSURANCE
An Industrial all risk policy refers to insurance that focuses more on industry or factory. Every business has the threat of material damage, breakdown of machinery, and other risks. As a result, this insurance policy protects the components within and outside the factory. Also, it safeguards the machinery and materials within the factory.
ASSETS ALL RISK INSURANCE
Assets all risk insurance aims at protecting the assets and properties. It includes stock, land and building, furniture, machinery, and other assets. Although it seems similar to the industrial policy, they differ hugely. While the latter focuses more on business and factory components, the former can include office premises also. Thus, machinery might involve computers, printers, scanners, and other assets.
MARINE AND AVIATION INSURANCE
Marine and Aviation Insurance help protect personal and business aircraft and watercraft in the event of an unfortunate collision, theft or accidental damage. Coverage policies can include: Aerospace product manufacturers' liability, Airport owners and operators' liability, Aviation/Marine general liability.
PLATE GLASS INSURANCE
Plate Glass Insurance is a type of insurance policy that will protect your business against any damage or breakage of large panes of glass at the insured's premises by accidental means, like shop windows.
MINING INSURANCE
Mining insurance is a policy designed specifically for mining operations to protect your business from the unique hazards it faces. Typically, these policies combine a variety of liability and property and casualty coverages to cover each aspect of your business.
CONTRACTORS ALL RISK INSURANCE
Contractor-All Risk Policy refers to insurance where the insurer provides protection against risks to the workers and the contract site. Simply put, it protects the insured during the construction period. This type of insurance includes only contractual and site work. It includes constructing commercial and residential buildings, dams, bridges, roads, sheds, and factories.
GOODS TRANSIT INSURANCE
This policy covers the loss or damage to goods in Transit as per institute cargo clause. Goods in transit insurance is a policy that covers the risks of damage, theft or loss of items of the insured. It usually lasts during the period from loading to unloading and protects liable parties from financial loss.
PROFESSIONAL INDEMNITY INSURANCE
Professional Indemnity Insurance (PII) also called Professional Liability Insurance (PLI) is a commercial policy designed to protect you and your business against claims for financial loss or damage that are made by a client or other third party individuals. These claims could come as a result of perceived negligent services or negligent advice your business has provided. Compensation claims can be brought against you even if you provided a service or offered advice for free.
DIRECTORS AND OFFICER'S LIABILITY
Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving as a director or an officer of a business or other type of organization. It can also cover the legal fees and other costs the organization may incur as a result of such a suit.
INDIVIDUAL & FAMILY PRODUCTS
HOUSEHOLD COVERAGE
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DOMESTIC PACKAGE INSURANCE
This insurance policy provides cover for your residential building and your house contents against damage by fire and allied perils.
The policy also covers against loss of house contents due to theft characterized by forcible and violent entry into/exit from the house. Other portable items like laptops, phones and jewellery are also covered in this policy. The policy scope also extends to cover domestic employees accidental injury/death arising out of and in the course of their duties.legal liability to third parties is also covered under this policy.
HOUSE OWNERS INSURANCE
House Owners Insurance covers loss or damage to private dwelling buildings including all private garages, outside buildings, playing fields, boreholes (including pumps) against the risk of fire, lightning, explosion and allied perils. The major difference with house contents insurance is that house owners policy covers the building itself whilst house contents covers the contents (items) in the house or building.
HOUSE CONTENTS INSURANCE (HOUSE HOLDERS INSURANCE)
House Contents Insurance is a type of home insurance that covers loss or damage to all the things in your home that aren’t part of the structure or the building. This may include but not limited to television set, home theatre, fridge, stove, washing machine, sofas, wardrobes, kitchen units, beddings etc. The policy covers for loss or damage to household contents from fire, lightning, explosions, theft, and accidental damage whilst contained inside the building.
ACCIDENT & MISCELLANEOUS CLASSES
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BURGLARY
This policy covers loss or damage to the property contained in buildings of standard construction, following forcible and violent entry or exit. It is most useful to to owners of shops, groceries, warehouses and other business premises where goods of any description are kept.
MONEY
This covers loss or damage to money belonging to the insured or for which they are responsible or which is in the care, custody and control of the insured in transit or at the premises of the insured due to robbery or hold up.
FIDELITY GUARANTEE
This covers loss of money and/ or other property belonging to the insured or for which they are responsible stolen by an employee of the insured. It covers direct financial loss sustained by the insured as a result of of fraud or dishonesty of the employee which results in dishonest personal financial gain for the employee concerned.
EMPLOYEE LIABILITY
This covers your legal liability as an employer for death, bodily injury or disease caused during the period of insurance to an employee arising out of the course of his employment and within the territorial limits.
PUBLIC LIABILITY
This covers damages which the insured shall become legally liable to pay consequent upon:accidental death of or bodily injury to or illness on any person or accidental loss of or physical damage to tangible property which occurred in the course of or in connection with the business.
GROUP PERSONAL ACCIDENT
This covers bodily injury/ death resulting solely and directly from accident caused by outward violent and visible means which shall directly and independently of any other causes result within twelve calendar months in bodily injury / death.
ALL RISKS
This covers loss of or damage to the whole or part of the property while anywhere in the world by any accident or misfortune not otherwise excluded.
GOODS IN TRANSIT
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HAULERS LIABILITY
This covers the liability of the transporter from the time the goods are in his custody to the time of delivery.
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GLASS
This covers loss of or damage to internal and external glass (including mirrors), sign writing and treatment thereon at the insured premises, the property of the insured or for which they are responsible.
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PROFESSINAL INDEMNITY
This will indemnify you (as the insured) against your legal liability for damages and claimants's costs and expenses in respect of claims for breach of professional duty, First made against you by reason of any neglect, error or omission and or occurring or committing in good faith and in connection with the conduct of the practice.
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AGRICULTURE INSURANCE
​​​THE TOUGHEST RISKS DEMAND
THE TOUGHEST BROKERS
We offer innovative and tailor-made insurance solutions to our customers that inspire hope and optimism and creates value.
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Our Agriculture insurance covers offer insurance services that protects against financial losses faced by farmers due to various risks encountered in their farming activities.
