If you are a contractor, our Contractor’s All Risk/Erection All Risk is highly recommended for you.

The Policy provides all risk cover to contractors in respect of both temporary and permanent works, in the course of construction or erection, and until the job is handed over by the contractor to the employer. The cover extends to also include loss of or damage to the unfixed materials or equipment on site. Our policy allows for all items of constructional plant/machinery, equipment, tools and the like, and also temporary buildings for use as site offices and their contents to be covered.  There is also a third party liability cover up to and not exceeding a specified amount for which you as the contractor shall be legally liable consequent on: –

  1. Accidental bodily injury or illness to third parties
  2. Damage to property belonging to third parties

The plant machinery and equipment of the Contractor being used in connection with the contract may also be covered under the policy. 


This policy covers all types of machinery, plant and mechanical equipment, including construction equipment, plants, production equipment, etc. at work or at rest or during maintenance operations. The policy covers unforeseen and sudden physical loss of or damage to plant, machinery and equipment which necessitate their repair or replacement.It therefore covers such causes as faulty design, faulty operations, malicious acts, physical explosion, short circuit, storm etc.     


GLICO General’s Electronic Equipment policy is specially designed to cover all electrical and electronic systems such as Electronic Data Processing equipment, Electrical equipment for medical use, equipment for research and material testing, communication facilities, computers, etc. The policy provides an all risk cover against any unforeseen and sudden physical loss or damage by any cause (other than the exclusions specified in the policy), thereby necessitating their repair or replacement.


The Money insurance policy indemnifies the insured against accidental loss or damage to the insured’s cash, bank and currency notes, cheques, postal orders etc. while in transit from one specified location to the other. Cash-Hold policy is effective when the insured’s cash is being held up in the business premises. Cash-in-Safe cover provides indemnity against damage or loss to the insured’s cash while they are being kept in safe at the insured’s location.


The risks associated with the transportation of goods from one destination to another are what this policy covers. It cover for loss or damage to goods while in transit by any insured vehicle against fire, theft following violence and damage of goods as a result of accident to the carrying vehicle. The insured is also covered whilst the insured property is in the course of loading or unloading from the conveyance or whilst temporarily housed in the ordinary course of transit.


Our Burglary policy covers loss or damage to the subject matter such as stocks and contents as a result of forcible and violent entry into or exit from the premises.


This is liability insurance payable to the directors and officers of a company, or to the organization(s) itself, as indemnification (reimbursement) for losses or advancement of defense costs in the event an insured suffers such a loss as a result of a legal action brought for alleged wrongful acts in their capacity as directors and officers. Such coverage can extend to defense costs arising out of criminal and regulatory investigations/trials as well; in fact, often civil and criminal actions are brought against directors/officers simultaneously. Intentional illegal acts, however, are typically not covered under policy.


This policy is designed to protect your business from financially crippling and often reputation-damaging claims by dissatisfied clients. It is a fact that, even the most respectable companies can find themselves in dispute with a client over a mistake. Our Professional Indemnity Policy is available to cover your exposure to:

The policy also covers the cost of fixing any mistake on your part, thus avoiding a larger claim being made. You are also protected if you lose or damage any clients’ documents in your care. 


The nature of your business may require that cash is sent to and from your business premises to the bank and vice versa, or kept temporarily in a secured safe in the office. The risk of theft whilst the cash is in transit or kept in the safe is very real. The GLICO General Money Insurance Policy indemnifies you against loss of cash, bank drafts, currencies notes, treasury notes, coins, cheques and current postal orders and stamps as result of an accident or an armed robbery attack whilst in transit from your premises to the bank and vice versa or from one branch office to another and/or loss of monies otherwise locked in a safe as result of a break-in.

The exposures covered are:

Money in residence of authorized employees


The GLICO General Fidelity Guarantee Policy offers your company protection against the infidelity or dishonesty on the part of your employees such as accountants, cashiers and other categories of employees who handle money or deal with the finances/cash of your company. The policy reimburses your company for all loss of money due to acts of fraud and dishonesty on the part of employees.