Personal Insurance Policies

  • Motor Vehicle Insurance Policy.

Road Traffic Act (RTA):

 This is the most basic level, required by law. It only covers damage to other people’s vehicles (third party) in an accident, not your own.

Full Third Party (FTP)

This expands on RTA by offering higher
compensation limits for damage to third-party vehicles. However, it still doesn’t cover your own car.

Comprehensive:

This is the most complete coverage. It covers damage to both your own vehicle (up to insured value) and other people’s property, injuries, or death (third party) in an accident. The policy also covers your medical expenses and legal fees, up to a certain limit.

Bonus:

The company offers a one stop shop by helping you obtain both Zinara (vehicle licencing) and zbc (radio and tv license) along with your insurance.

  • Domestic Combined Insurance Policy.

3 in 1 home insurance:

Buildings (Houseowners): Covers structure against fire, theft, etc.
* Contents (Householders): Protects your stuff from fire, floods, etc.
* Personal Items (All Risk): Insures jewelry, phones, laptops (individual coverage).

  • Travel Insurance
    Policy

Travel Insurance Policy provides financial protection if you face certain problems when you are travelling. It covers a range possibilities from lost or stolen luggage, cancelled flights, repatriation expenses, person al liability, to the cost of unexpected medical expenses if you become ill
or have an accident, injury and death. Cover can be obtained weather travelling within Africa or overseas either for business or recreation purposes

Your Preferred Insurance Partner

Corporate Insurance Policies

Vault Multiple Agent (Pvt) Ltd offers insurance placements, risk advisory services
to its corporate clients for the following products and services.


  • 1. BUSINESS ALL RISK POLICIES

Assets All Risk Policy

The Assets all Risk policy covers all risk, your business from a wide range of threats, minimizing downtime and maximizing productivity. It covers everything from fire to riots, theft, accidents & more, keeping your assets, employee belongings, and even cash on the go safe.

Group Personal Accident Policy

Group personal accident cover caters
for compensation for the insured in
case of an accident resulting in either
temporary total disability, permanent
disability, medical expenses and or
accidental death

Cyber Insurance Policy.

Cyber Insurance policy protects
your business to mitigate the
risk of cybercrime activity like
cybercrimes and date breaches.
The organization is protected
against internet based threats
affecting IT infrastructure,
information governance and
information policies.

Electronic Equipment Policy

This policy provides coverage against unforeseen and sudden physical loss or damage to electronic equipment i.e. computers, servers, printers and external data media. It also extends to cover increased cost of working.

Liability Policies. Business Liability Shield

– Protects from lawsuits over customer
injuries, property damage (public liability).
-Covers director/officer mistakes (D&O).
-Safeguards against product issues
(product liability).
-Umbrella policy boosts existing coverage.

Marine Insurance Policy. (Goods in Transit).

Protects your goods on the move: Covers loss,
damage, or theft from loading to unloading, both
locally and internationally (unlike Goods in Transit
which is limited to local coverage).

Fidelity Guarantee Insurance Policy

Fidelity guarantee policy safeguards
your firm against loss of company assets
through theft by employees of the insured. The policy covers loss of property or money as a direct result of fraudulent acts by employees of the insured.

Motor Fleet Insurance Policy

Bundle insurance for business vehicles: Covers all your company vehicles (cars, trucks, etc.) under one policy for convenience and savings. Comprehensive protection: Includes medical expenses, legal fees, and standard car insurance coverage. One-stop shop: Streamlines the process by handling ZINARA licensing and ZBC licensing
alongside insurance

Financial security:

Provides peace of mind by
safeguarding you from financial losses caused by
insured perils during transportation.

  • CONSTRUCTION & ENGINEERING POLICIES

PLANT RISK

Provides all risk indemnity for virtually all types of construction plant and equipment i.e. mobile “yellow metal” plant such as graders ,dozers ,TLB’s ,Excavators and / or non- mobile construction plant & equipment such as (but not limited to) generators ,compressors ,hand held rollers ,and compactors used by the contractors in the course of their daily construction and engineering activates (anywhere within the territorial limits specified in the policy.

CONTRACTORS ALL RISK

The policy covers against property damage and third-party injury or damage claims that may arise during the scope of undertaking contractor’s obligations.

ERECTION ALL RISK

This policy protects the contractor against physical loss or damage to the
contract works, construction plant, equipment and machinery.

 

 

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MACHINERY BREAKDOWN POLICY

This policy covers accidental breakdown and physical damage of
the machinery, the cost of replacement for the machinery parts.

3. AGRICULTURE
(FARMING) Insurance

This farm insurance policy protects your entire operation:

Crops

Crops

Covers damage from weather, pests, disease, theft, and more.

Livestock

Insures against death or injury from accidents, illness, and theft

Farm Buildings & Equipment:

Protects structures and machinery from fire, accidents, breakdowns, and theft

4. BONDS AND GUARANTEES

Financial security for agreements: A bond or guarantee ensures someone (guarantor) will be financially responsible if another party (contractor) fails to meet their obligations in a contract.


Used in various situations: Examples include customs bonds for imports, construction bonds for projects, court bonds for legal proceedings, and other specialized bonds.

5. OTHER BUSINESS POLICIES

Passenger Insurance

Vault offers passenger insurance also known as accident insurance, which provides coverage in caseof accidents or unforseen events while travelling.

Motor Traders Policies

Designed for businesses and individuals in the motor trade industry. It provides coverage for risks associated with buying, selling, repairing or maintaining vehicles