—Where protection meets perfection
Specialty Line
Specialty Lines cover unique, unusual, or very high-risk situations that standard insurance companies are unwilling or unable to insure. Unlike Personal Lines, which cover common risks like your home or car, Specialty Lines are tailored for “out-of-the-box” scenarios.
SPECIALTY LINE DETAILED INFORMATION
Assets/Industrial All Risks Insurance provides comprehensive protection for businesses against sudden and accidental physical loss or
damage to their property. This includes coverage for buildings, machinery, equipment, and other assets. The policy covers a wide range of
risks unless they are specifically excluded, ensuring extensive protection for industrial and commercial operations.
Political violence and terrorism insurance (often called PVT or terrorism insurance) helps businesses financially recover from losses caused by politically motivated events. It typically covers repairs or replacements for property damaged by:
- Act of Terrorism
- Sabotage
- Riots, Strikes and/or Civil Commotion
- Malicious Damage
- Insurrection, Revolution or Rebellion
- Mutiny and/or Coup d’Etat
Pecuniary insurance covers financial losses a business suffers due to specific events or circumstances. It helps companies to withstand
financial storms caused by unforeseen events, allowing them to recover from losses and continue operating without facing a significant
financial burden. Unlike property insurance, which replaces or repairs physical assets, pecuniary insurance focuses on the financial
consequences of those events.
- Money insurance
- Fidelity Guarantee Insurance
- Bonds
AVIATION
Aviation insurance typically covers a range of risks associated with aircraft operations. Here are some common aspects that aviation
insurance policies cover:
- Hull All Risks: This coverage is for physical damage to the aircraft. “All risks” generally means it covers a wide range of perils unless
specifically excluded. - Spares All Risks: This covers spare parts and equipment for aircraft maintenance and operation.
- Liability (Combined Single Limit): Personal Injury, Cargo/Mail Legal Liability, Passenger Legal Liability, Passenger Baggage and Personal Articles
