This class of insurance is mainly for business premises only that is office, shop, stores, godown , warehouse and the like. The cause of loss covered under this insurance is burglary or housebreaking that is the act of breaking and entering a business premises with an intention of stealing or the act of breaking out after stealing in premises. In burglary insurance for a claim to be payable there must be an act of breaking or use of force to gain entry or exit. Entry may be either physical that is a person enters the premises or constructive that is by use of stick or hook or any instrument to remove goods in the premises.

This insurance also extends to cover hold-up risks, damage to safe or strong room following theft or attempted theft. Under this insurance, money includes cash, Bank and Currency notes, Bank and Postal Orders credit cards vouchers and open cheques. This policy is issued on declaration basis that is at the end of insurance period actual cash transactions must be declared and adjusted accordingly.

Types of Policies :

There are four types of policies issued under this class of insurance. These are:

Individual Policy:
This is issued when only one individual is guaranteed.

Collective policy
This is issued when more than one person is to be guaranteed; under this policy names of employees to be guaranteed and respective guarantee amount are required.

Position Policy
Under this policy names are not required, instead position and respective amount of guaranteed are required. This is advised for big firms.

Floating Policy
This is issued where more than one person have to be guaranteed. Here the amount of guarantee floats over all individuals to be guaranteed.

Defect in insured’s ways, works machinery or plant: Negligence of the insured or his employees while on duty defective product.

Types of Policies :

There are three types of policies issued under this class of insurance which are:

Public Liability (General Risk) Policy
This policy is normally issued to business premises to cover the risks of defect in premise, ways, machinery, plant and works and negligence of the insured and or employees.

Product Liability Policy
This policy is issued to manufacturers and sellerers of goods like cosmetics, medicines, canned food, drinks etc. Against the risk of defective product. Product liability may be covered under general public liability policy as extension.

Personal Liability Policy
This policy is issued to individuals to cover strict liability e.g. Liability which may arise as a result of dogbits, falling of an object from the premises of the insured or defective furniture at residential building.

This class of insurance provides cover for liability at law if an employee in insured’s service shall sustain bodily injury arising out of and in the course of his employment by the insured in the business. A workman is not considered employed until he reaches the place of work and employment ceases immediately the workman leaves the place of work.
When the workers live in the estate or employers rented house or at their own premises and the employer provides free transportation or mileage allowance from the worker’s house to place of work, accident occurring to that transport would generally come under workmen’s compensation Act.
This policy is issued on declaration basis that is at the end of insurance period the insured must make declaration of actual earnings earned by employees and the premium adjusted accordingly

This class of insurance includes cover for domestic servant or a separate policy may be issued for domestic servant.

This class of insurance provide covert professional for damage which maybe called up on to pay due to professional negligence or malpractice

Types of Policies :

Individual policies issued to the following professional

Accounts and auditors
The account must know the general principal of company law and the statutory requirement of auditor certificate if he act as an auditors to some concern whose books by statutory requirement must be audited he must know the provision of the statutes so far as they affect his duties he will be liable for negligence if he make statement without troubling to substaintieante them

Architect and engineers
Architect and engines must legally
a) Incorrect advice drawing up of plan and error insecification design tender s or quantities
b) The negligence supervision of structural or other work

Auctioneers estate agent surveyors and valuers
Risk involve survey of property and advice in connection with sale or purchase of property and reasonable care and skill is necessary in the services rendered.

Barristers
Barristers owes a duty to the counts as well as to his client the barrister is subject to claim for negligence for adviser given or work done negligently before a case goes for trial.

This policy is issued to cover the insured in respect of liability at law if a servant shall sustain bodily injury by accident or disease occurring during the period of insurance and arising out of and in the cause of his employment by the insured benefit under this are as per workmen compensation act.

Under writing factor :

(i)Nature of work done domestics servant
(iii) Security measure taken by the employ
(iii)Environment

Premium rating
(i)Indoor servant and garden servant charge shs 2,000/= per person
(ii)Drivers and watchmen charge shs 2,500/= per person
(iii) Other servant shs 2,000/= per person

Franchise
Disability must persist for minimum of three days.

The cover provided under this class of insurance is the accident causing death or bodily injury. This insurance provides the following benefits;
I. Death benefits
II. Disability benefits and
III. Medical reimbursement.

Types of policies :

Under this class of insurance there are three types of policies insured; I. Standard policy
This policy can be issued to provide cover for 24 hours or for a limited time. It can be issued to cover a group of individuals or to individuals covering their own lives or the lives of other persons.
This policy provides for payment of compensation on;-
a) Death within 3 months from the occurrence of the accident.
b) Permanent loss of limb(s)
c) Loss of fight.
d) Other permanent disability (at expiry of 100weeks)
e) Temporary total disablement (weekly sum).
f) Incurred medical expenses.

Cover may be extended to include;-
a) Motor cycling risks.
b) Sports risks.
c) Hunting and
d) Other special features.

Cover ceases to operate from the date o giving rise to claim for;-
a) Death.
b) Permanent loss of limb.
c) Loss of sight.
d) The date the insured attains the age of 60 years.

Continental policy. a) This policy can be issued to individuals or group of people and can be operative for 24 hours or to a limited time. This policy provides for payment of compensation on;-
b) Death within 3 months from the occurrence of the accident.
c) Loss of limbs, if it occurs within 3 months after the date of injury.
d) Permanent disablement which must continue for a period of 104 weeks from the date of injury and must continue for the remainder of life.
e) Permanent partial disablement (-% of sum insured)
f) Temporary total disablement (weekly sum with a maximum of 104 weeks).
g) Incurred medical and hospital expenses.

Cover may be extended the same as for standard policy. Under continental policy the prosper may ask for cover for all the contingencies referred above or may ask for a restricted cover for any of the following
1. Death only
2. Permanent disability only
3. Death and permanent disability only
4. Liability under this policy ceases in case of death or permanent disability for which compensation is 30% or more or non attaining age of 60 years.

Msafiri policy
This policy provides cover for death, loss of one or two limbs, loss of sight and temporary disablement as a result of accident;-
While the insured is getting onto or into travelling on or in or getting off or out of any road vehicle as a passenger or driver or a railway train as passenger.
a) In connection with any road vehicle one railway train in which the insured is involved as a pedestrian.
b) Involving the sinking, stranding, burning or collision of any passenger`s ship or ferry in which such insured person is availing as a passenger or fire or explosion on board of such vessel.

II. Group personal accident policy
Group personal accident policies can be on the line of standard policy or continental policy covering the risk of;-
a) Aviation.
b) Sports only
c) Employees on duty
d) Assault only
These are restricted covers and the insure is paying lesser premium than normal personal accident cover.

This class of insurance provides personal accident cover to the insured while travelling by air and loss or damage to accompanied baggage excluding wearing apparel of and personal effect of insured. This insurance does not cover valuables, jewelery, camera, household goods, furniture, money, bonds, stamps, travel tickets or coupons.

The route of the journey must be specific in policy and cover is operative only when the insured is travelling by accepted mode of travel on specific route. This cover is also operative whilst the insured temporarily resides in any hotel or rest house during the specificities journey.

This is an all risks class of insurance which provides cover for:
Jewelers, valuables , curious, antiques, work of art, paints , watches , clocks camera, opera glasses, earring, music equipment and other similar articles, against the risk of fire, housebreaking , theft or larceny and accidental external means. Cover is provided on full values basis.

This insurance provides cover for actual breakage of glass completely and securely fixed caused by accident with the exception of fire explosion, heat, flood and strike.

This is a package policy combining ten different policies which are fire, burglary, money, loss of profit following fire, personal accident, plate glass, workmen’s compensation, fidelity guarantee, public liability and electronic equipment policies. This package policy may be issued for all policies or for the selected few

This class of insurance provides cover for:-

Loss or damage to the undernoted including cost of clearance of debris following upon an event giving rise to a claim.
a) Civil works like building construction.
b) Marine works like bridges, dams, or sea wall constructions.
c) Plants and machinery used for construction.
d) Temporary structures set up for aiding construction.

Legal Liability for:
a) Death or bodily injury to third parties.
b) Accidental damage to property(ies) belonging to third parties
Occurring in direct connection with the construction or erection work happening on or in immediate vicinity or site.
Liability under this class of insurance commence upon commencement of work or after unloading of the items at site and expires when part of the contract work has been taken over or put into services.

This insurance may extend to include:-
a) Cover during the period of maintenance
b) Extra charges for overtime, night work, work on public holidays etc.

This class of insurance provides cover for:-

Loss of damage to plant and machinery under erection. Civil works are incidental to erection of the plant and machinery also is covered.

Legal liability for:-
- Death or bodily injury to third parties.
- Accidental damage or loss to property belonging to third parties occurring in direct connection with the construction or erection of the item insured.

Cover may be extended to cover extra charges for overtime, night work, and work on public holiday and express freight. Cover normally commences from the arrival at the sites of erection of the materials and it operates during storage of material, erection ad test run of the plant and terminates on the commissioning of the plant.

This class of insurance provides cover to constructional tools and equipments against all external damage from variety cause including:-

(1) Burglary, theft, riot and strike and malicious damage.
(2) Fire and lightning, external explosion, earthquake, flood, inundation, subsidence, landslide and rockslides.
(3) Storm, tempest, hurricane, typhoon and tornado.
(4) Accidental damage while at work due to faulty man handling, dropping or failing, collapse, collision and impact.

This class of insurance may be arranged as a separate policy on annual basis to be renewed periodically. It is also permissible to insure such equipment at the project site as an item in the schedule of ear or car.

This class of insurance provides cover for unforeseen sudden physical loss or damage to the machinery due to:

(1) Defect in casting and material
(2) Fault design
(3) Fault at workshop or in erection
(4) Bad workmanship
(5) Lack of skill
(6) Carelessness
(7) Shortage of water in boilers
(8) Physical explosion
(9) Tearing apart on account of centrifugal forces
(10)Short circuit
(11)Storm etc

This is an all risks machinery policy which includes:
(1) Boiler insurance
(2) Crane and lift insurance

NOTE;
This class of insurance may be extended to include the risks of fire and burglary

This policy is an accident indemnitable under the perils covered under machinery insurance. This class of insurance provides cover for the actual loss of profit sustained as a result of business interruption. The subject matter of insurance under these classes of insurance are:

(1) Reduction in turnover
(2) Increase in cost of working

This class of insurance provides cover for deterioration of perishable goods or stock as a result of breakdown or material damage to the cold storage house machines.

This Class of Insurance Provide Cover for unforeseen and sudden physical loss or damage to the undernoted:

(1) Electronics data processing machines
(2) Telecommunication equipment
(3) Office calculators, duplicating machine and reproduction machine
(4) Signal and transmitting units
(5) Electro medical installations
(6) Transmitting and receiving installations (including Radio, TV, Cinema, Sound reproduction and studio equipments).

This class of Insurance Extends also to cover:
(1) External data media; and
(2) Increase in cost of working as a consequence of materials damage.