Thursday, February 25, 2021

Bankers Blanket Insurance

 

Bankers Blanket Insurance

This policy intended for banks and other financial institutions provides a blanket cover and thereby safeguards them by providing compensation for losses arising from the following risks:

  • Infidelity of employees
  • Loss of property on premises
  • Loss (of money and other valuables) whilst in transit
  • Forgery or fraudulent alteration of checks, bills, drafts, money orders etc.
  • Losses incurred by the insured in the ordinary course of business whilst dealing with securities such share certificates, stocks, bonds, debentures, promissory notes, deeds, mortgages, certificates of deposits, letters of credits etc.
  • Loss incurred by the insured due to receipt in good faith of any counterfeited or altered paper currency
  • Loss of or damage to offices and contents, which includes but is not limited to furnishings, fixtures, equipment, stationary etc
  • Loss or damage to ATM’s and cash in the ATM’s

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What you get with Motor Commercial

 

What you get with Motor Commercial

This is a comprehensive cover that protects the vehicles used by your business for commercial purposes. This includes, but is not limited to minibuses, trucks, tractors and fleets of vehicles. Our policy has three levels of cover from which you can choose from. Third Party Only, Third Party Fire & Theft and Comprehensive


What we pay for

• Loss or Damage to the Motor Vehicle, its accessories and spare parts:
By accidental collision or overturning.
By fire, external explosion, self-ignition or lightning.
Burglary, housebreaking or theft.
By malicious acts.
Whilst in transit (including the processes of loading and unloading incidental to such transit).
By inland waterways, lift or elevator.
By flood, typhoon, hurricane, volcanic eruption, earthquake or other convulsions of nature.
• Third party Liabilities.


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