Motor Products

Fire and Allied Perils Policy

Did you know that sections 183 and 184 of the Insurance Act 724, make it compulsory for all private buildings under construction or completed and used for commercial purposes to obtain Fire insurance?

Our Fire and Allied Perils policy has been designed to cover losses or damages to your property resulting from Fire, Explosion [specifically of gas used for domestic purposes] and Lightning. It also covers loss or damage arising from such perils as Impact, [usually by vehicles or animals], riot & strike, bursting or overflowing of water tanks, apparatus or pipes, flood, earthquake, hurricane, tornado, windstorm, cyclone, aircraft or any other aerial device.

Your legal liabilities as owner of the premises in respect of loss of or damage to property, bodily injury or death suffered by third parties are also covered up to a limit of GHC20,000.

Such properties as office equipment, stocks, raw materials, furniture and fittings, plants and other equipment may also be covered.

With the GLICO General Fire and Allied Perils Policy, you would not only become compliant with the legal requirements but have peace of mind; rest assured that your property is secure.

Our Motor Vehicle insurance offers three different types of cover:

Third partY Motor Insurance

This is our minimum cover and it covers your liabilities to third parties in respect of damage caused to the property [ies] of such third party or injury/death to the third parties as a result of the use of your vehicle.

Our standard Third Party policy has a limit on the liability for property damage. However there is an option for an increase in the limit upon request. This benefit, however, comes with an additional premium charge.

Your choice of the Third Party Motor Insurance policy would not cover any loss or damage to your own vehicle. Please choose our Comprehensive Motor Insurance Policy to have this risk covered.        

Third partY Fire & tHEFT

Our Third Party Fire and Theft policy offers the benefits under the Third Party Motor Insurance, described above, in addition to providing cover for your own vehicle when the vehicle or any of its parts are stolen through violence or force, or there is loss or damage to the vehicle as a result of fire.

The policy does not cover own damage losses.

Comprehensive Motor Insurance

Our highly patronized Comprehensive Motor Insurance would provide a comprehensive cover to you. In addition to granting cover for your liability to third parties, our Comprehensive Motor Insurance Policy covers risks such as fire, explosion, theft, accidental collision or overturning due to mechanical breakdown, malicious damage, flood, storm, to mention but a few.It also provides cover for a certain amount for emergency medical treatment as well as personal accident benefit to the insured or the driver of the vehicle.We also have a specially designed motor comprehensive package for identified groups and staff unions of various organizations. This package offers the comprehensive policy but with greater benefits.
Please contact us today for further details.        

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