Money

This provides indemnity against theft of money in any of the following occasions: During working hours in the insured premises whilst in the locked safe or whilst in transit to the bank Loss whilst in the hand of the directors or senior employees or sales executives Loss whilst kept outside the safe ( this should…

Motor Insurance

This is regulated in accordance with the Road Traffic Act of Malawi, which makes it compulsory for all users of motor vehicles to have minimum cover to indemnify them, at least, whenever they cause damage to property belonging to third parties, or bodily injury to third parties, arising out of the use of the said…

Public/ Products Liability

Public liability insurance protects the policyholder against any legal liability incurred against third parties in respect of third party property damage and third party bodily injury, arising out of or in connection with the business of the insured and attributed to their negligence or that of employees, occurring within the stated territorial limits. The insured…

Erection All Risks

This is a comprehensive type of cover, which provides complete protection against all types of risks associated with erection, testing, commissioning of machinery, plant and equipment during constructional stage.

Machinery

Machinery Breakdown Insurance This provides indemnity against accidental damage to completely installed machinery, resulting from machinery breakdown, as a result of sudden and unforeseen causes. Machinery Breakdown insurance complements cover under the Fire and Special Perils policy as Fire and Special Perils does not provide cover for breakdown in machinery. Sum insured should represent replacement…

Fire & Consequential Loss

The Cover becomes effective only and until you have suffered material damage under your Fire and Special Perils policy. Main risks covered are; Loss of Gross Profit, or Gross Revenue or Gross Fees or Gross Rentals (depending upon the occupation of the insured) due to loss covered under the material damage policy Increased cost of…

Fire & Special Perils

Provides indemnity in respect of loss of or damage to or destruction of property insured due to; Fire Lightning Domestic explosion Special (or allied) perils such as The policy provides cover for the following Sections; Buildings (main structure) Plant & Machinery belonging to the Insured used for their business Stock In Trade General and Other…

Money

This provides indemnity against theft of money in any of the following occasions: During working hours in the insured premises whilst in the locked safe or whilst in transit to the bank Loss whilst in the hand of the directors or senior employees or sales executives Loss whilst kept outside the safe ( this should…

Motor Insurance

This is regulated in accordance with the Road Traffic Act of Malawi, which makes it compulsory for all users of motor vehicles to have minimum cover to indemnify them, at least, whenever they cause damage to property belonging to third parties, or bodily injury to third parties, arising out of the use of the said…

Marine Open Cover

When goods cross the border, it is no longer Goods In Transit but Marine Cargo Insurance. There are three levels of cover under Marine Cargo Insurance:- Institute Cargo A, Institute Cargo Clause B and Institute Cargo Clause C. Institute Cargo Clause C is the most restrictive, providing cover for loss of or damage to the…