Domestic Cover

This product is a form of property insurance that protects individuals’ homes against damages to the house and properties within.

Being a package policy, it has a number of covers under it to cater for different insurable interests in private homes;

Building Section

It covers residential buildings including landlords’ fixtures, fittings, walls, gate and fences, all on the same premises against fire, natural causes, human causes such as riot, strike and malicious damage, explosion and Miscellaneous causes such as bursting and overflowing of water tanks, apparatus, pipes and impact by road vehicles and animals.

Contents Section

It covers furniture, household goods and personal effects of every description, the property of the insured or that of any member of his family normally residing with him, fixtures and fittings of the insured’s or for which he is legally responsible

All Risks section

This covers accidental damage and theft to specified portable items which are carried outside the house such as cameras, laptops, radio, jewelery, etc.

WIBA Section

This covers domestic servants such as house helps, watchmen, gardeners and drivers in respect of injury, death or disease arising out of and in the course of employment. The cover is mandatory for all employers as per the Work Injury Benefit Act (WIBA).

Owners’/Occupiers’ Liability Section

This section covers the home owner or occupier against legal liability of third parties for accidental bodily injury and accidental loss of or damage to property.

FIRE

Fire insurance is property insurance covering damage and losses caused by fire. The purchase of fire insurance in addition to homeowner’s or property insurance helps to cover the cost of replacement, repair, or reconstruction of property, above the limit set by the property insurance policy. Fire insurance policies typically contain general exclusions, such as war, nuclear risks, and similar perils.

Erection All Risk

Written in connection with construction projects outside the United States, EAR policies are designed to cover the risk of loss arising out of the erection and installation of machinery, plant and steel structures, including physical damage to the contract works, equipment and machinery, and liability for third-party bodily injury (BI) or property damage (PD) arising out of these operations. Coverage for delay in start-up (DSU) costs is typically an optional coverage. Covered parties include the general contractor, subcontractors, and in some cases suppliers and manufacturers of equipment. Examples of the types of projects for which EAR coverage is typically purchased include power plants, manufacturing and fabrication facilities, water and wastewater treatment facilities, and telecommunications centers (particularly where the erection of signal towers is involved).

Contractor All Risk