Plant All-risk Insurance

This policy provides cover for plants and machinery against unforeseen physical loss or damage that may arise from the occurrence of perils that are not specifically excluded from the cover. Basically, it provides cover for fire and accidental damage to the insured plant including theft and burglary.

Cover:

Accidental damage or loss to machinery caused by fire, burglary, theft, faulty operation, fall and impact of foreign object, collision, and natural perils.

Cover is applicable to the Machinery described in the insurance schedule while in operation or at rest or being dismantled for the purpose of cleaning or inspection or removal to another working position.

Benefit:

  • Compensation for loss or damage arising from an insured peril
  • Third party legal liabilities
  • Provides coverage for wide range of incidents

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Guinea Insurance has always lived up to its name; consistently one step ahead of the industry in the provision of better and affordable risk management solutions. We are a major player in the provision of first-rate financial risk solutions in the General and Special Risks business underwriting categories. We have established a reputation for exceptional competence in the delivery of customer-centric services and product innovation. With a strong capital base, highly qualified professionals, and modern technology, Guinea Insurance PLC became widely acknowledged for speed and efficiency and thus, remained the preferred insurer for individual and corporate clientele seeking premium insurance and related financial services to date.

Contact

Guinea Insurance House
33 Ikorodu Road Jibowu, Lagos.

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