• Tel: +266 22313018 /52500404/5
  • Fax: +266 22310513

Fire and Allied Perils Insurance

Business Insurance

When the unexpected strikes, it can be devastating for your business. Guard against damage caused by fire, lightning or thunderbolt, explosion, impact by animals, falling trees, vehicles, damage by storm, wind, water, hail or snow and such additional perils as are stated in the schedule with this policy – which provides cover for buildings, plant, machinery, fixtures and fittings and all other contents and tenant improvements.  

Please note:

  1. • Always base the sum insured on the new replacement value, taking into account the escalation and post-loss inflation of rebuilding costs. Cover can also be extended to include malicious damage(non-political).
  2. • Remember to include tenant improvements (e.g. flooring, partitioning, etc.) plus demolition and debris removal costs in the sum insured.
  3. Stock – insure at the cost price to you (inclusive of VAT), NOT at the retail/resale price. Be mindful of stacking heights and ensure that stock is stored on pallets.
  4. Buildings – always insure for the full replacement value, and NOT market value which bears no relationship to rebuilding costs. Include boundary and other walls, parking areas, driveways and all other structures.
  5. • Replacement value must include cost of demolition, debris removal, and erection of hoardings during rebuilding. Also include professional fees (e.g. architects, quantity surveyors) for reinstatement.
  6. • Remember to also include air conditioning units and other landlord fixtures and fittings.

Contact us on +266 2231 3018 /5250 0404/5 to speak to one of our brokers or fill in the Request a Quote Form.

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