General Insurance

Professional Liability

This is cover provided to professionals such as lawyers, valuers, engineers, auditors against their professional negligence.

Public / Products Liability insurance

Public/Products Insurance provides protection against claims arising from:

•     Accidental bodily injury to any person
•     Accidental loss of or damage to property

Happening in connection with the business and occurring within the territorial limits described and happening during the period of Insurance. Since the promise to indemnify is the basis of the policy, strictly speaking Insurers are not liable to make payment until the Insured has been found “legally liable” to pay for damages.

Pension Trustees Liability Insurance

The pension fund trustee liability Insurance provides protection for the trustees, the employees, the employer company and the scheme itself in event of claims brought against them. The policy provides cover for settlement on legal action and for the costs of defending the action.

Directors & Officers Liability Insurance

Provides coverage to past and future Directors and Officers for losses arising out of a claim made against him for whom he has not been indemnified by the corporation he is serving.

NOTE:

While the corporation is an Insured, the Insurance ONLY applies to amounts which it pays as indemnity to a director or officer in connection to a claim made against him.

The policies are  a ‘CLAIMS MADE’ policies. Losses covered include:

•     Judgments
•     Settlements
•     Defense Costs
•     Separate Deductibles for Individual & Company & Limit of Liability is aggregate, not per occurrence