The Householder Insurance Policy covers the insured’s building, fixtures and fittings, contents, jewellery and valuables, as well as public liability benefits.
Depending upon the property insured, the cover extends to protect the insured against:
- Fire and allied perils
- Burglary, housebreaking, larceny or theft
- Loss or damage by accident or misfortune
- Legal liability towards general public
- All Risk Cover for selected valuable items
The exclusions under this policy are specific to the item or property insured.
The basic fire insurance policy covers loss or damage resulting from fire (whether resulting from explosion or otherwise), lightning or explosion.
The policy can also be extended to cover perils of storm, flood, burst pipes, overflowing of water tanks, impact by vehicles, malicious damage, earthquake damage, aircraft damage, bush fire, explosion, riot and strike.
It covers buildings, contents and stock-in-trade, plant and machinery and loss or rent.
This policy insures your company against loss or damage to property as a direct result of fire out break, lightning or explosion.
Other perils such as social disturbances like strikes and riots, and natural disasters like storm damages, floods and earthquakes can also be covered by an extension of the standard scope of the cover.
The items to be insured are usually made up of buildings, office furniture, electrical & electronic equipment, plants and machineries, stock of raw materials and finished goods, and loss of annual rent for alternative accommodation.
The policy also contains various other extensions that are granted at minimal extra cost to the policyholder.
Our GIT policy covers goods being carried from one location to another. Any loss not specifically excluded under the policy is covered and the insurance is especially suitable for organizations that are engaged in movement of goods either by road or rail. Typically, the cover will operate whether the goods are being conveyed by owner’s vehicles or commercially hired vehicles. Losses arising from Fire and Theft are covered under this policy.