Commercial and Industrial Insurance

 Home / Insurance Services /Commercial and Industrial Insurance

Various types of cover available.

  • Accounts Receivable / Book Debts
  • Burglary / Theft
  • Business All Risks
  • Business Interruption / Loss of Profits
  • Buildings Combined
  • Employers Liability
  • Fidelity Guarantee / Employee Dishonesty
  • Fire and Allied Perils
  • Goods in Transit
  • Computer Equipment All Risks
  • Money
  • Motor Traders External Risks
  • Motor Traders Internal Risks
  • Motor Vehicles (Specified Basis / Fleets)
  • Office Comprehensive
  • Plate Glass
  • Public Liability
  • Stated Benefits / Personal Accident
  • Travel
FIRE AND ALLIED PERILS

Cover: Loss of and/or damage to the insured property as a result of fire, damage caused by lightning, explosions, damage due to weather and theft, (including vehicle or animal impact and aircraft damage) malicious damage, (excluding theft) and earthquake/earth tremors.

BUILDINGS COMBINED

Cover: 1. Loss of, or damage to the building caused by the following: fire, damage caused by lightning, explosions, storm damage/special perils, malicious damage, earthquake and theft or any attempt thereat.

Cover: 2. Damages for which the Insured shall become legally liable to pay as a result of accidental death or injury or accidental loss of or physical damage to tangible�property on or about the property insured and arising from the Insured’s ownership.

BUSINESS INTERRUPTION

Cover: There needs to be a full stop at the end of the copy.

ACCOUNTS RECEIVABLE

Cover: Inability to collect outstanding debts resulting from: All risks of loss or damage to records of accounts.

OFFICE CONTENTS

Cover: Loss of or damage to Office Contents, (including loss of documents) contained at the premises by any of the undernoted perils: fire, damage caused by lightning, explosions, storm/water damage, earthquakes/earth tremors, damage by aircraft, (excluding sonic boom) impact by animals, vehicle or fallen trees, theft other than by partner, director or employee, accidental breakage of mirror glass or plate glass forming part of furniture.

THEFT

Cover: Theft accompanied by forcible and violent entry into or concealment or exit from the premises or entry gained by violence or threat of violence.

MONEY

Cover: Loss of or damage to Money or Negotiable Instruments.

GLASS

Cover: Accidental breakage of glass insured.

FIDELITY GUARANTEE – NAME AND/OR POSITION BASIS

Cover: Financial Loss arising out of any act of fraud or dishonesty committed by Insured employees.

GOODS IN TRANSIT

Cover: Accidental loss of or damage to the insured property by any cause not excluded.

BUSINESS ALL RISKS

Cover: Loss of or damage to specified property insured by any accident or misfortune not otherwise excluded.

ACCIDENTAL DAMAGE

Cover: Accidental physical loss of or damage to the Insured Property at or about the premises by any cause not excluded by this section or otherwise insured or for which insurance is available and described in terms of any section.

PUBLIC LIABILITY – CLAIMS OCCURING BASIS

Cover: The Insurer will indemnify the Insured against their legal liability to pay compensation to third parties in respect of:
1. Death, Bodily Injury, Illness or Disease to any person
2. Loss of or physical damage to tangible property
arising out of claims occurring during the period of insurance and arising out of the performance of the business

PUBLIC LIABILITY – CLAIMS MADE BASIS

Cover: The Insurer will identify the Insured against their legal liability to pay compensation to third parties in respect of:
1. Death, Bodily Injury, Illness or Disease to any person.
2. Loss of or physical damage to tangible property.
arising out of claims occurring after the retroactive date and which resulted in a claim first being made against the Insured during the period of insurance.

EMPLOYERS LIABILITY

Cover: Indemnity against all sums which the Insured shall become legally liable to pay as a result of bodily injury to or illness of employees who fall outside the scope of the Workmen’s Compensation Act.

GROUP PERSONAL ACCIDENT

Cover: Death and/or Bodily Injury caused by accidental violent external and visible means on a 24 hour basis.

MOTOR

Cover: Comprehensive (Own damage subject to Excess), Third Party Fire and Theft or Theft cover only.

MOTOR TRADER – EXTERNAL RISKS

Cover: 1. Sub-section A : Loss or Damage Comprehensive and windscreen on any motor vehicle the property of the Insured and/or in the custody or control of the Insured whilst being driven on the premises.

Cover: 2. Sub-section B : Liability

COMPUTERS / ELECTRONIC EQUIPMENT

Cover: Any sudden and unforeseen accidental damage or destruction to the equipment insured whilst working or at rest. The policy can be extended to include Increased Cost of Working (I.C.O.W.) and Reinstatement of Data (R.O.D.).

RIOT

Cover: 1. Any act calculated or directed to overthrow or influence any state or Government or any Provincial, Local or Tribal authority with force or by means of fear,�terrorism or violence. Any act which is calculated or directed to bring about loss or damage in order to further any political aim, objective or cause or to bring about any social or Economic change or in protest against any State or Government or any Provincial, Local or Tribal authority or for the purpose of inspiring fear in the public or any section thereof.

Cover: 2. Non-political riot and strikes risks.