General Accident

General accident includes policies such as Money Insurance Policy, Goods-In-Transit Policy, Hoteliers Policy, Fidelity Policy, Burglary (Business Premises) Policy, Cash-In-Transit Policy, Bankers Indemnity Policy (BIP) and Cyber Crime Insurance.

Money Insurance Policy

This policy covers money which is expressed to include cash, bank and currency notes, cheques, postal and money orders, against accidental Loss, Damage or destruction from any cause including fire which is not specifically excluded whilst: -

In transit, being carried by the insured or his authorized representative or sent by registered post. This is referred to as cash-in-transit
On the insured premises during business hours. This is referred to as hold-up
In a locked safe or strong room. This is referred to as cash-in-safe
This policy is or can be extended to cover money in a locked safe or strong room against accidental loss, damage or destruction from any cause including fire which is not specifically

Excluded whilst Money in this regard is expressed to include cash, bank and currency notes, cheques, postal and money orders.

Goods-In-Transit Policy

This policy indemnifies the insured for loss of or damage to goods in transit by fire, accident and theft following an accident to the carrying vehicle.

Hoteliers Policy

This is a package policy specifically designed to provide Hotels and Guest House owners all the Insurance Policies they need for their business. It covers buildings and their contents against the risks of Fire, Lightning, Explosion, Earthquake Riot and Strike, Civil Commotion, Tornado or Windstorm, Flood, Malicious Acts, Bursting or overflowing of water tanks, damages caused by aircraft or other aerial devices, subsidence, ground heave or landslip, impact by any moving object as well as Theft.

The other covers included in the package are Plate Glass, Business Interruption, Money, Public/Product liability, Personal Accident and Employers' Liability.

Fidelity Policy

The Fidelity Guarantee policy has been designed to make good and reimburse the employer's losses of money by reason of fraud or the dishonesty of their employees in connection with their employment.

Burglary (Business Premises) Policy

Our Burglary policy covers stock - in - trade, fixtures and similar property against theft involving entry into or exit from the premises by forcible and violent means.
Damage caused to be point of entry to the premises

Cash-In-Transit Policy

Covers loss of money being transported from one place to another. The policy can be extended to cover cash in a locked safe.

Bankers Indemnity Policy (BIP)

The policy indemnifies banks for accidental losses or damage sustained within stated limits under the various insuring clauses of the policy, which includes: - 

Infidelity of Employees

Premises Risk

Transit Risk

Forged Cheques

Forged Securities

Counterfeit Currencies

Damage to Offices and Contents

Professional Negligence

Loss of documents

Professional Indemnity Policy

Covers a professional against his legal liability to third parties incurred whilst engaged in his profession. For example, a patient instituting a claim against a Medical Officer who negligently prescribed a wrong drug to him. The Medical Officer may fall on his professional indemnity insurers to bail him out.

Cyber Crime Insurance

Cyber-insurance is an insurance product used to protect businesses and individual users from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities.

Coverage provided by cyber-insurance policies may include first-party coverage against losses such as data destruction, extortion, theft, hacking, and denial of service attacks; liability coverage indemnifying companies for losses to others caused, for example, by errors and omissions, failure to safeguard data, or defamation; and other benefits including regular security-audit, post-incident public relations and investigative expenses, and criminal reward funds.