NicozDiamond Insurance Limited

NicozDiamond products & product packages

Motor vehicle insurance

Covers third party, re & theft and comprehensive:

• Third party – covers the motorist’s liability to others for damage to vehicles and/or other property, death and injury to third parties.
• Third party re & theft – covers insured vehicle for damage due to re or theft plus the bene ts for third party.
• Comprehensive – most extensive form of insurance which, in addition to providing the cover listed above, provides accidental damage cover to your vehicles.

  Home plan insurance

  Covers house owners section and house holders section

  • House owners section – covers private dwellings, outbuildings, walls, fences and gates for the cost of re-building following

damage caused by re, lightning, explosion, storm, ood, earthquake, theft and accidental damage to ttings and xtures. Cover extends to the cost of rentals in similar accommodation for a speci ed period.

• House holders section – covers all movable contents of the home for replacement value less depreciation. Perils are the same as above and extends to include theft from washing line, deterioration of foodstu , property of guests and domestic workers or injuries caused to other persons by domestic pets e.g. dog bites.

Personal accident insurance

Covers the insured person in case of death
or bodily injury caused by accidental violent and visible means. Cover extends to include permanent disability, temporary disability and medical expenses.

Golfer’s plan insurance

A policy designed to cover risks associated with gol ng for both amateurs and professionals alike.

Travel insurance

Covers traveling emergencies such as; emergency medical expenses, journey cancellations and loss of luggage.

Commercial insurance

This policy caters for the varying needs of Corporate-type businesses. Underwritten on an asset based policy wording incorporating buildings, o ce contents, stock in trade etc. against re, consequential loss and most types of crime, such as burglary and theft of money and accidental damage types of risks. The broader classes listed below are further split into numerous insurance products providing cover against most insurable risks. As the scope of insurance is so broad, those covers

which have broad similarities are grouped together.

Marine & aviation insurance

Covers damage to hull and liability to passengers carried therein and loss or damage to cargo.

Mining insurance

In addition to covers provided under the other sections for damage to assets, the company o ers environmental impairment insurance to cater for liabilities arising from mining activities.

Engineering insurance

Covers machinery breakdown and resultant deterioration of stock, plant and erection all risks, contractors all risks and resultant liabilities.

Farming insurance

Covers the crops against hail, wind storm and farm equipment.

Christiansure insurance package

A unique scheme for Churches and their congregants where the church bene ts 10% of the premiums paid.