Our constructions bonds range from Bid Bonds / Tender Securities, Performance Bonds, Advance Payment Bonds and Retention Bonds. They are mainly issued for construction projects on behalf of our clients as guarantees for the various contracts.
Our Custom Bonds are issued to clients who for one reason or the other defer the payment of taxes or duties on goods to a later date and as a result, are required by the Customs Division of the Ghana Revenue Authority to submit some form of guarantee or bond to secure the clearing of the said goods. Our Custom Bonds include Re-exportation Bond, Temporal Importation Bond, Removal Bond and Warehouse Bond among others.
Where any property, be it a building, household contents, office equipments, stock in trade etc are damaged or lost by events such as fire, flood, windstorm, earthquake etc, Our Fire & Allied perils Insurance comes in handy to reinstate the the lost items for our clients.
Our Combined Fire & Burglary Insurance Policy pays for losses resulting from fire, lightening, explosion and any of the allied perils as stated in the policy.In addition it pays for loss or damage to items as a result of theft.
The Assets All Risks policy pays for loss or damage to Assets insured under the policy, such as stock in trade, buildings, factory machinery, tools and equipments etc caused by a peril not specifically excluded under the policy. Although this is an All Risks policy, the Insured or policyholder must take note of the exclusions stated in the policy.
Our Homeowners Comprehensive Policy pays for loss or damage to the building or items insured in the private dwelling house by fire, flood, burglary or any other peril covered under the policy. The homeowner’s policy can be extended to cover rent, personal accident and third party liabilities.
This policy provides cover for contractor’s equipment against any unforeseen and sudden physical loss or damage from Fire, lightening, burglary and from any other cause except where specifically excluded.
This provides cover against damage or loss to any insured Plant/Machinery that suffers breakdown necessitating its repairs or replacement. The insured perils under this cover is maladjustment, loosening of parts, failure of protective devices, entry of foreign bodies, shortage of water in steam boilers of pressure vessels.
Where cargoes are damaged or lost in the course of the voyage, our Marine Cargo Insurance pays for such losses subject to the details of cover provided. It covers clients goods against loss associated with sea or airfreight as a result of fire, explosion, stranding, sinking, collision, discharge of cargo at port of distress etc.
This policy covers policy holders on their travel abroad in the event of illness or injury. The Policy is issued in partnership with Mapfre Assistencia and provides cover for medical expenses, hospitalization fee, repatriation of a corpse and loss of buggage.
This cover is usually given as an extension to a public liability policy and can also be issued as a stand alone policy. It gives cover to the insured for his legal liability for bodily injury or loss or damage to property caused by his products or goods.
Our Bankers Indemnity policy blends various sections of cover that protect the banks and similar financial institutions from loss of money and/or securities on premises and in transit due to various perils. It also provides for cover against financial loss arising from forgery, fraud and dishonesty.