This policy indemnifies the insured against loss, destruction or damage to the insured property from any cause whatsoever (except where specifically excluded), from accidental, sudden and unforeseen cause. It is an all embracing Policy, which covers Fire and Allied Perils (Flood, Tornado, Windstorm, Earthquake, Burst Pipes and apparatus, Lightening, Strikes, Riots and Civil Commotion) as well as Burglary/Theft.
The Policy Schedule is divided into three sections:
- Plant and Machinery
Contents – Office Equipment, Furniture, Fixtures and Fittings.
If you are a shop owner, then you definitely need the GLICO General Comprehensive Shop Owners Policy. It is a uniquely designed for you as a small scale business owner who buy and sell goods/items. This policy has been exclusively designed to combine the benefits of our fire and allied perils policy and the burglary policy.
The policy provides cover for:
- Buildings occupied and used as a shop constructed of brick, stone or cement blocks/concrete
- Contents: Stock in trade, Goods, Merchandise Office equipment and Furniture
against loss or damages arising from fire or its allied perils or when theft occurs following forcible entry or exit into or out of the shop.
A free public liability of up to GH¢500.00 per accident is an additional benefit on the policy.
The GLICO General Householders’ Policy is designed exclusively to cover loss or damage to your household goods and personal effects resulting from fire and allied perils or theft. Our policy also covers your liability to third parties for injury or damage sustained at the premises following negligence on your part.
The home owner’s policy is designed exclusively to cover loss or damage to your private dwelling (house), as well as your household goods and personal effects resulting from fire and allied perils or theft. Our policy also covers your liability to third parties for injury or damage sustained at the premises following negligence on your part.
PUBLIC LIABILITY INSURANCE
Did you also know that by law, business owners have liabilities to third parties who may suffer accidental bodily injuries, death, and damage to their property arising out of the owner’s business activities?
Well, our Public Liability policy shall indemnify you as a business owner against such liabilities. The policy also extends to cover legal cost claims brought to you by the claimant. If your business premises are used by a large number of customers and the general public, example in the case of construction sites, offices, shops, hotels, it is very necessary that you take our Public Liability policy to ensure peace of mind.
Our burglary policy indemnifies you against loss of or damage to your property [often movable property] by theft following entry or exit from the premises by forcible and violent means. Damage sustained by the premises in the course of the burglary is also covered.
Such property as stock in trade, raw materials, furniture, office equipment may be covered