FIRE
• Name of Company and Address
• Description of the building, Address or location
• Value of the building/value of the contents

BURGLARY
• Name of Company and Address
• Description of contents
• Value of contents

WORKMEN’S COMPENSATION/GROUP PERSONAL ACCIDENT
• Name of Company and Address
• Number of staff and categories
• Estimated Annual Earnings

MONEY
• Name of Company and Address
• Figures for;
• Cash in Transit (CIT)
• Cash in Safe (CIS)
• Cash in Personal Custody (CIPC)
• Damage To Safe

GOODS IN TRANSIT
• Name of Company and Address
• Nature of Goods
• Value of Goods
• The Transit Points

FIDELITY GUARANTEE
• Category of employees for which cover is required
• Limit of Guarantee Anyone incident/Anyone year

PLANT ALL RISK
• Name of Company and Address
• Description of items to be insured
• Value of the items to be insured

ALL RISK
• Name of Company and Address
• Description of items to be insured
• Value of the items to be insured

BONDS
• Certificate of Incorporation
• Articles/Memorandum of Association
• Letter of Contract award
• Two passport photograph of two directors
•  Evidence of past performance
• Company’s statement of account
• Company’s/Directors Tax Clearance
• Collateral

CONTRACTORS’ ALL RISK
• Name of Company and Address
• Nature, Description and Address of the contract works
• Value of the contract
• Scope/value of Third Party Liability

MARINE
A       Cargo

• Form M/Proforma Invoice
• Exchange Rate

B       Hull

• Name of Company and Address
• Description of the vessel
• Value of the vessel
•  

12. PUBLIC LIABILITY

• Name of Company and Address
• Nature of Business

13.    PROFESSIONAL INDEMNITY        
* Name of Company and Address
* Nature of Business
* Limit or Amount of cover required

GROUP LIFE/PENSIONS
•     Name of Company and Address
•     Name, Age, Earnings (Basic, Housing & Transport) of employees

HOUSEHOLDERS/HOUSEOWNERS
• Name
• Description of Building/Address
• Inventory of contents/other belongings such as Laptops, mobile phones etc.

MOTOR INSURANCE

A typical Motor Insurance policy is of three parts namely:

a. Cover against Liability for Third Party’s death and/or injuries and medical expenses
b. Cover against liability for property damage

c. Cover against any form of damage to the vehicle

 

There are three major types of motor policy

Comprehensive

Third Party Fire & Theft

Third Party Only

 

Requirements

For Comprehensive and Third Party Fire & Theft

Proof of ownership/Vehicle Licence

Value of the vehicle

 

For Third Party Only
Proof of ownership