Property Insurance

Property Insurance

Get tailor made cover to protect your property.

Medalian property insurance is intended for our commercial clientelle or any commercial buildings.

What risks does your policy cover?

  • Fire & Perils
    Indemnifies the insured against the loss of or damage
    to the property arising from fire as well as from allied
    perils such as earthquake, explosion, riot and strike,
    malicious damage, special perils A-H etc.
  • Engineering
    Covers Contractors’ Construction Plant, Equipment and
    Machinery against unforeseen accidental physical loss
    or damage whilst being used at a site for the execution
    of an insured project.
  • Industrial All Risks
    Incorporates fire, consequential loss, theft and
    accidental damage perils on insured property.
  • Machinery Breakdown
    Compensates in relation to any unforeseen and sudden
    physical loss or damage or breakdown of machinery
    from defects in casting and material, faulty design,
    faults at workshop or in erection, bad workmanship,
    lack of skill – among others.
  • Erection All Risks
    Covers “Erection Works” by a contractor against any
    unforeseen accidental physical loss or damage.
  • Contractors All Risks
    Covers “Contract Works” by a contractor against any
    unforeseen accidental physical loss or damage.
  • Electronic equipment Computer Cover for accidental loss or damage to electronic
    equipment such as computers and printers.
  • Political Violence, Terrorism & Sabotage
    Covers physical loss or damage to building and contents
    caused by acts of terrorism, malicious damage,
    sabotage, riots, mutiny and war
  • Plate Glass Insurance

        The policy provides indemnity to the insured against loss and/or destruction/damage to glass by accident or misfortune of a fortuitous character

Property Insurance

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