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new building - Commercial Insurance

Commercial Insurance Mbabane & Manzini

Commercial Insurance is designed to offer business comprehensive risk cover no matter the size or type of business or how diverse your needs are.

Every business needs to protect its:-

  • Assets
  • Liabilities
  • Future Earnings
  • Employees

The following types of cover are available

FIRE AND ALLIED PERILS

A fire and perils policy will cover buildings, plant and machinery, stock and other contents for various perils.
Provides protection against loss or damage caused by, fire, lightning, explosion, earthquake, storm, wind, water, hail, impact by animals, vehicles or droppings from aircraft and other aerial devices, non–political riot strike and civil commotion.

BUILDINGS COMBINED

This type of policy is designed to cover low risk buildings such as office buildings, residential flats, schools, hospitals etc.provides protection to the insured buildings against fire, lightning, explosion, storm, earthquake, bursting/overflowing of water tanks, apparatus pipes including damage to apparatus, accidental impact to the exterior portion of the buildings, strike, riot, civil commotion and malicious damage, theft or attempted theft to be accompanied by actual forcible and violent entry into or exit from the buildings.Loss of rent as a result of the property insured being damaged by any of the perils specified as to be rendered untenantable is covered as well as damages for which the insured may become legally liable to pay consequent upon accidental death of or bodily injury to or illness of any person or accidental loss of or physical damage to tangible property.

OFFICE CONTENTS

Loss or damage to office contentsProvides protection for loss or damage to the contents of the offices by a variety of insured perils including theft while in the premises.

BUSINESS INTERRUPTION

This is designed to cover consequential losses as a result of damage to buildings, stock and machinery etc.Business Interruption Insurance provides cover against loss following interruptions of or interference with the business of the insured in consequence of damage occurring during the period of insurance in respect of which payment has been made or liability has been admitted under a fire and perils policy.

THEFT

Protects against lose due to theft or any attempted theft accompanied by violent and forcible access to or from the premises include damage to the premises.
Cover provides protection to the contents of the premises including property held in trust or on commission for which the insured is responsible.

MONEY

Money Insurance provides protection against loss or damage to money in the following events:

  • Money in the residence of directors or employees
  • Money not contained in a locked safe/strong-room (receptacle) outside business hours
  • Money in the custody of directors/employees whilst temporarily traveling on the insured’s business
  • Any other loss of money within the territorial limits
  • Crossed cheques, postal and money orders and
  • Damage to receptacles

GLASS

Provides protection against accidental damage of internal and external glass.
provides protection against loss or damage to internal and external glass (including mirrors), sign-writing treatment thereon at the insured premises, the property of the insured or for which they are responsible.

FIDELITY

Financial losses due to fraud or dishonesty of employees.
provides protection against loss of money and/or other property belonging to the insured or for which they are responsible, stolen by an insured employee during the currency of the insurance cover.

GOODS IN TRANSIT

Covers loss or damage to goods whilst being transported.
Provides protection against loss or damage to goods usual to the business, consigned by or to the insured whilst in transit by an accident or misfortune not excluded by the cover.

BUSINESS ALL RISKS

Covers accident loss or damage to valuables on a worldwide basis.
provides protection for loss or damage to portable items such as laptops, cell phones, general equipment etc.

ACCIDENTAL DAMAGE

Provides protection against physical loss or damage to the insured property on the premises.
provides protection against accidental physical loss of or damage to the insured property at or about the premises not otherwise insured or for which insurance is available in any of the policies of the insured.

PUBLIC LIABILITY

Legal liability to third parties.
Provides protection against damages which the insured shall become legally liable to pay consequent upon accidental death of or bodily injury to or illness of any person or accidental loss of physical damage to tangible property which occurred in the course of or in connection with the business. This policy can be extended to provide liability to defective products and workmanship.

EMPLOYERS LIABILITY

Legal liability for death and injury to employees.
Provides protection against damages which the insured shall become legally liable to pay consequent upon the death of or bodily injury to or illness of any person employed under a contract of service or apprenticeship with the insured.

STATED BENEFITS/GROUP PERSONAL ACCIDENT

Cover includes 24 hour protection for accidental death, disability, medical expenses to employees.
Provides 24 hour protection to the insured person for Accidental Death or Disablement anywhere in the world.

ELECTRONIC EQUIPMENT

Covers electronic equipment in the office.
provides protection against physical loss of or damage to the insured property from any course not excluded by the cover whilst the property is at work or at rest or is in transit temporarily stored at any premises.

MOTOR VEHICLES INCLUDING CARAVANS, MOTORCYCLES AND TRAILERS

Different options available for Motor Vehicle include:

  • Comprehensive (accidental damage) to own vehicles
  • Third Party Fire and Theft
  • Third Party Only.

Provides protection to privately owned vehicles, caravans and trailers against accidental damage, theft, fire and third party property damage and liability.

WORKMAN’S COMPENSATION

Will cover all employees for death, permanent and temporal disability and medical expenses.
Provides covers for an employee from the time he/she leaves home for work and from work back home without any deviation.