SME Premier

We offer a comprehensive insurance package specifically designed to suit small to medium sized business.

The insurances on offer on the SME package are:

  • Fire & Allied Perils
  • Burglary
  • Business Interruption
  • All Risks
  • Electronic Equipment
  • Money
  • Fidelity Guarantee
  • Public Liability
  • Goods in Transit
  • Group Personal Accident
  • Work Injury Benefit Act( WIBA)
  • Employer Liability

Our Key SME Product highlights are;

  • Only one proposal form is required to be filled
  • One renewal date
  • One policy document

 Claim Procedure:

  • Claim form to be filled by the insured.
  • Police Abstract for theft cases.
  • Sales records.
  • Comprehensive statement by the insured explaining   how the loss occurred for theft cases.
  • An inventory of the items stolen.
  • Proforma invoice, quotation and   purchase receipt of the similar items stolen.
  • Transactions Ledger if its   loss of money.
  • Employment details of the staff involved   in theft in case   it is   a loss of money claim.
  • Bank statement.

Fire & Special Perils

Our fire policy covers loss or damage to property caused by;

Fire, lighting and explosion, riot, strike, malicious damage, storm, earthquake, flood, water damage due to bursting or overflowing water tanks, apparatus & pipes.


Business Interruption

This is also known as consequential loss. Our policy covers loss of business income resulting from damage to insured property following a fire. Cover will be for gross profit lost and wages that continue to be paid during the period of interruption.

The losses covered are:

Loss of profits, Loss of rent, Loss of wages, Increased cost of working, Audit fees for claim preparation.



Our burglary policy provides cover against loss or damage to property following forcible or violent entry or exit from the insured premises.

The policy covers;

Loss or damage or destruction by theft, damage to property arising from attempted entry or exit by thieves, extension for hold up, theft accompanied by assault (violent or threat of assault to the insured or employees).


All Risks

Our All Risks cover provides cover against accidental loss or damage to insured items.

Items covered include office equipment/Machinery, electronics, musical equipment, personal portable items.

Loss can arise from: theft, fire, riot and strike, accidental damage etc.


Electronic Equipment

We offer cover for accidental damage including mechanical and electrical breakdown of electronic equipment.

The policy covers:

Property damage (loss or damage due to fire, theft, electrical or accidental damage), reinstatement of data & storage media for data damaged by a defined event referred above, Increased cost of working.



Our money policy covers loss or damage of money belonging to the insured or for which he is responsible.

Money includes; Bank and currency notes, Cheques, Postal Stamps, Travelers Cheques, Securities, Gift Vouchers, Money Orders, Negotiable Certificates, Deposits, Treasury Bills, and NHIF Stamps all belong to the insured. 

Money can be insured whilst;

  • In transit
  • In premises during working hours
  • In premises outside working hours
  • Damage to safes or strong rooms
  • With Directors & authorized employees


Fidelity Guarantee

Our Fidelity Guarantee policy covers loss or damage of money or stock through fraud or dishonesty of employees.

Loss through collusion of staff & Extension for auditor’s fees can also be included at a fee.


Goods In Transit

Our GIT policy offers protection against loss, destruction, or damage to goods whilst in transit i.e. From the time of leaving the insured’s premises to final destination. The policy also protects the insured from liability during loading and unloading of the goods and temporary housing in the course of transit.

The goods could be in transit via road (own or hired vehicles), rail, inland waterways and post

Loss could arise from; Fire, collision, overturning of conveying vehicle, theft, Loading or offloading damages.


Public Liability

Our Public Liability policy indemnifies the insured against legal liability in respect of accidental bodily injury / illness, loss of or damage to property happening during the period of insurance and happening in the insured premises.

The policy also provides cover for legal expenses incurred.

Product liability is also included.

The policy provides cover for legal liability in respect of accidental death, bodily harm/illness arising from usage of the specified products including legal expenses to third party.


Group Personal Accident

The policy provides compensation to the insured staff in the event of death, or bodily injury from an accident.

The policy has five distinct benefits among others that can be included;

These are accidental death, permanent total disability, temporary total disability, accidental medical expenses reimbursement & funeral expenses


Work Injury Benefit Act (WIBA)

Our WIBA policy provides employer’s financial obligation under the Work Injury Benefit Act to compensate workers injured out of and in the course of employment.

The cover includes;

Death benefit, Medical expenses reimbursement, Lost wages for injured employees & Funeral expenses.


Employers Liability

Our EL policy indemnifies the insured against legal liability under common law for damages arising from accidental death /bodily injury or illness suffered by employees in the course of their employment.

The policy covers;

Damages, Claimant’s costs and expenses of litigation, costs and expenses incurred by the insured.