ALEX 2

The Leadway Assurance bring you the PROPERTY INSURANCE POLICY. Having spent millions of Naira building your dream house. It is very paramount that you insure the beautiful and worthwhile investment.We at Leadway Assurance , have brought you the property insurance policy where you have your ;

The Leadway Burglary Insurance policy is designed to protect you against loss or damage to property caused by a theft that involves the forcible and violent breaking into or out of the premises.

Burglary

The Leadway Burglary Insurance policy is designed to protect you against loss or damage to property caused by a theft that involves the forcible and violent breaking  into  or  out of the premises.

The property covered by this policy includes furniture, fixtures and fittings, equipment and electronics.

You can buy this insurance for both residential and non-residential premises.

The policy’s standard free limits are:

  • for damage to means of entry: ₦50,000
  • for all other contents not specifically insured: ₦50,000
  • for contents temporarily removed from premises excluding stock: 10% of total sum insured.

You can, however, increase these sums for an additional premium.

Fire & Allied Perils

The Leadway Fire & Special Perils Insurance policy is designed to protect against loss or material damage to property caused by fire and certain associated risks.

The policy covers your building, furniture, equipment and electronics against material damage caused by fire, lightning strike or certain explosions caused by domestic use of the premises.

This policy covers loss or damage to properties as a result of  fire, lightning,limited explosion and other special perils listed below:

  • Fire including Lightning & limited Explosion
  • Explosion (Industrial)
  • Aircraft
  • Riots, Strikes, Lock-out
  • Malicious Damage
  • Earthquake or Volcanic Eruption
  • Storm, Tempest & Flood
  • Bush Fire
  • Escape of Water from any Tank, Apparatus or Burst Pipes
  • Impact by any Road Vehicle Or Animal

The policy also provides free cover of up to 10% of the sum insured for contents temporarily removed from premises for repairs.

All Risk Insurance

The Leadway All Risks Insurance policy provides cover against loss of, or accidental damage to, items that are movable in nature. Examples include: laptops, jewelries, wrist watches, rings, etc.

This is a comprehensive policy which provides indemnity to the policyholder against the accidental loss of, or damage to, such items caused by all perils (except for those specifically excluded – e.g. damage caused by wear or tear, gradual operating cause, process of cleaning or ironing, etc).

The cover is not restricted to particular premises or location where items are kept, but is operative within the specified geographical limit.