LIABILITY

	Employer’s Liability Insurance
	Workmen’s Compensation
	Public Liability
	Professional Indemnity
	Product Liability

Employer’s Liability Insurance

Covers the insured’s Legal Liability to compensate claimant’s cost and expenses in respect of the injury for which the insured is liable.

Workmen’s Compensation Insurance

The Workmen’s Compensation policy indemnifies any Employer in respect of insured employees who sustains personal injury by accident or disease arising out of and in the course of employment.

Public Liability Insurance

Covers legal liability for damages in respects of accidental death or bodily injuries to a third party and accidental damage to his goods and/or property incurred as a result of business activities.

Professional Indemnity Insurance

Covers professionals like (architects, engineers, solicitors, accountants, registered medical practitioners) for breach of professional duty.

Products Liability Insurance

Covers legal liability for damages in respect of accidental bodily injury to third parties and accidental damage to their goods and/or property arising from defects in goods sold or supplied.

Engineering

• Contractor All Risks Insurance
• Erection All Risks Insurance
• Machinery Breakdown
• Machinery Breakdown Loss or Profit Insurance
• Boiler & Pressure Vessel
• Storage Tank Insurance

Contractor All Risks Insurance

Covers the Insured against loss or damage such as fire, theft & Explosion in respect of the contract works, construction plant and equipment and/or construction machinery, as well as for third party claims in respect of property damage or bodily injury arising in connection with the execution of a construction project.

Erection All Risks Insurance

Covers against loss or damage to the Insured machinery in respect of site risks involved in the erection of the plant and machinery. It also covers third party property damage or bodily injury arising in connection with the project.

Machinery Breakdown Insurance

Covers sudden and unforeseen Damage to the Insured machinery whilst at work or rest and during cleaning, inspection, over-hauling or removal to another position within the premises.

Machinery Breakdown Loss Of Profits Insurance

Covers the actual loss of profits sustained as a result of a business interruption caused by material damage covered under Machinery Breakdown Insurance.

Boiler & Pressure Vessels Insurance

Covers damage to boiler or other apparatus and legal liability for damages to property belonging to third parties not in the custody or control of the insured.

Storage Tank Insurance

Covers material damage caused by bursting, splitting, rupture, collapse or similar fortuitous events and loss of contents of the tank following damage.

Marine

• Marine Hull Insurance
• Marine Cargo Insurance

Marine Hull Insurance

Covers Hull and Machinery against partial and total loss arising from types of named marine perils whilst plying in the area of operation.

Marine Cargo Insurance

Covers the cargo to be transported by Sea, Air and Land. The three most commonly sought coverage are Institute Cargo Clause (A), (B) and (C) which generally cover loss to cargo and any other items shipped resulting from accidents and other marine perils such as fire, stranding, or sinking of the vessel ‘A’ clauses are the widest covers providing ‘All Risks’ coverage.

Livestock

Livestock Insurance

Covers death of livestock due to any accident, illness or disease.