Financial standing of the company – usually three (3) years Audited Accounts required
	A counter guarantee to be signed by a third party acceptable to the company is to be lodged with us
	A collateral security is to be deposited with the company by the applicant or guarantor for the duration of the bond
	A counter indemnity is also to be furnished.

ALL-RISKS INSURANCE

Offers protection against loss, destruction or damage (subject to policy terms and conditions) to household goods, valuables and specified personal effects.  This cover is very ideal in circumstances where company provides for furnished apartments for its senior executives.  A list of all items to be covered and their locations will be required.


GOLFERS INDEMNITY INSURANCE

The policy provides indemnity against:-

	Insured’s liability to the public whilst playing or practicing
	Loss by fire and/or theft of wearing apparels and golf   equipment
	Breakage of equipment in the course of playing or practicing
	Damage to other equipment
	Personal accident to the Golfer

PROFESSIONAL INDEMNITY INSURANCE

This policy indemnifies the insured in respect of his legal liability to third parties as a result of his professional negligence (subject to policy terms and exceptions).

PUBLIC LIABILITY INSURANCE

This policy provides indemnity in respect of the legal liability of the insured for accidental bodily injuries to and accidental damage to the property of members of the public caused by the insured or his employees in the course of their work, or by defects in the premises, ways, works, machinery or plant.

In addition, it also covers legal costs and expenses recoverable from the insured by the claimant and all expenses incurred by the insured with the consent of the insurer to the extent of their liability stated in the policy.

This policy can be extended to include the following risks:-

	Fire and Explosion
	Passenger Lifts
	Food Poisoning
	Defective Sanitary Arrangement

PRODUCTS LIABILITY

This cover is granted as an extension of our Public Liability Policy, which excludes liability arising out of defective products.  The extension covers legal liability of the insured for bodily injury and/or damage to property arising during the currency of the policy through defects in the commodities, or goods sold, supplied, serviced or processed by or on behalf of the insured or arising through defects in the containers of the goods or the wrong labeling thereof.The following exceptions should be noted:-

	The cost of repair or replacement of any such commodities or goods
	Any claims arising from faulty or defective design or formulae of any such commodities or goods or the unsuitability of the goods for the purpose for which they were designed other than unsuitability arising from defective manufacture, repair, servicing or processing.
	Liability assumed by the insured under an express warranty or agreement, which imposes upon the insured a liability, which the insured would not otherwise have been under.

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