Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Aviation insurance policies are distinctly different from those for other areas of transportation and tend to incorporate aviation terminology, as well as terminology, limits and clauses specific to aviation insurance.

KEY FEATURES

• Aircraft hull and aircraft liability.
• Aviation liability.
• Aviation products liability.
• Aviation cargo.
• Aircraft crew personal accident cover.

Group Personal Accident Insurance is designed to provide financial protection to members of a group or organization in the event of accidental injuries or death. It offers coverage for medical expenses, disability benefits, and, in the unfortunate event of death, a lump sum payment to the beneficiaries.

Political Violence and Terrorism Insurance safeguards individuals and businesses against losses or damages resulting from acts of political violence, terrorism, or civil unrest. This coverage is essential for those operating in regions where such risks are prevalent.

Employer’s Liability Insurance is crucial for businesses. It protects employers from legal liabilities associated with workplace injuries or illnesses. In cases where employees file claims, this insurance covers the costs of legal defense and compensation.

Motor Trade Insurance is tailored for businesses in the automotive industry. It offers comprehensive coverage for vehicles, premises, and specific liability concerns associated with motor traders, such as car dealerships, mechanics, and auto repair shops.

Public and Product Liability Insurance provides protection against claims from third parties for personal injury or property damage linked to your business operations or products. It helps ensure your business is financially shielded against potential lawsuits.

Glass Insurance is essential for businesses with extensive glass installations. It covers the costs of repair or replacement in the event of damage or breakage to glass windows, doors, or fixtures.

Fidelity Guarantee Insurance safeguards businesses against financial losses resulting from fraudulent or dishonest acts committed by their employees. It helps maintain trust and integrity within an organization.

Theft and Burglary Insurance offers coverage against losses resulting from theft, burglary, or robbery. This insurance not only covers stolen property but also damage to the premises caused during a break-in.

Hole in One Insurance is commonly used in golf tournaments and events. It provides coverage for the prize or reward offered to a participant who achieves a hole-in-one on a specific hole during the tournament. This insurance ensures that organizers can afford the promised prize without financial strain.

Contractors’ All Risks Insurance is a comprehensive insurance policy designed to provide coverage for construction projects. It serves as a protective shield against a wide range of risks that may occur during the course of construction, ensuring that various stakeholders are financially protected. Here are key aspects and features of Contractors’ All Risks Insurance:

1. Scope of Coverage:
   • Material Damage: Protects against physical damage or loss to the construction project, including buildings, structures, and civil works.
   • Third-Party Liability: Covers legal liability for bodily injury or property damage to third parties arising from the construction activities.
2. Construction Risks Covered:
   • CAR insurance typically covers risks such as fire, theft, vandalism, natural disasters, and accidental damage.
   • It can extend to cover risks specific to the construction industry, like collapse, faulty design, or errors in workmanship.
3. Project Phases:
   • CAR Insurance covers various phases of a construction project, starting from the initial groundbreaking to the completion of the project.
4. Contractors and Subcontractors:
   • Both the main contractor and subcontractors involved in the construction project can be covered under CAR Insurance.
5. Machinery and Equipment:
   • The policy may include coverage for contractor’s plant and machinery used in the construction process.
6. Flexibility in Coverage:
   • Policies can be tailored to meet the specific needs of each construction project, taking into account its size, complexity, and potential risks.
7. Extensions and Add-ons:
   • Additional coverage options may be available, such as coverage for delay in start-up (DSU), advance loss of profits, and more.
8. Project Types:
   • CAR Insurance is suitable for various types of construction projects, including residential, commercial, and industrial developments.

For clients engaging in construction activities, Contractors’ All Risks Insurance is a crucial tool to mitigate financial risks associated with unforeseen events. The policy helps ensure that the project can proceed smoothly, even in the face of unexpected challenges, providing peace of mind to all parties involved in the construction process. It’s important for policyholders to thoroughly review the terms and conditions of their specific CAR Insurance policy to understand the extent of coverage and any exclusions that may apply.

Erection All Risks Insurance (EAR) is a specialized form of insurance designed to provide comprehensive coverage for projects involving the installation and erection of machinery, plant, and equipment. This type of insurance is particularly relevant in industries such as manufacturing, power generation, and construction where the erection of complex systems is a critical phase. Here are key aspects and features of Erection All Risks Insurance:

1. Coverage Scope:
   • Material Damage: EAR Insurance covers physical loss or damage to the insured machinery or plant during the erection process. This includes damage caused by accidents, fire, theft, vandalism, and natural disasters.
2. Project Phases:
   • EAR Insurance typically covers the entire project cycle from the moment the machinery or equipment is delivered to the construction site through the erection phase until it becomes operational.
3. Contractors and Suppliers:
   • The policy can extend coverage to both the main contractor and subcontractors involved in the erection process. It may also cover suppliers providing equipment or components.
4. Testing and Commissioning:
   • EAR Insurance often includes coverage for losses that may occur during the testing and commissioning phase, ensuring that the insured equipment functions as intended.
5. Third-Party Liability:
   • Similar to Contractors’ All Risks Insurance, EAR Insurance may include coverage for third-party liability arising from bodily injury or property damage caused by the insured activities.
6. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for delays, loss of profits, or additional expenses incurred due to covered events.
7. Professional Advice:
   • EAR Insurance may cover the costs of professional advice or services necessary to prevent or minimize losses.
8. Project Types:
   • EAR Insurance is relevant for a variety of projects, including the erection of manufacturing plants, power plants, industrial machinery, and other complex systems.

As with any insurance policy, it is essential for businesses involved in erection projects to thoroughly understand the terms, conditions, and exclusions of their Erection All Risks Insurance policy. This ensures that they have the appropriate coverage to protect against potential risks and disruptions during the erection phase of their projects. Policyholders should work closely with their insurance providers to tailor the policy to the specific needs and characteristics of their projects.

Contractor’s Plant & Machinery Insurance is a specialized type of insurance designed to provide coverage for the risks associated with the operation, use, and movement of contractor-owned or hired-in plant and machinery. This type of insurance is crucial for businesses involved in construction and other industries where heavy equipment and machinery play a central role.

Here are key aspects and features of Contractor’s Plant & Machinery Insurance:

1. Scope of Coverage:
   • Material Damage: Protects against physical loss or damage to insured machinery and equipment. Coverage includes accidental damage, theft, fire, vandalism, and other perils.
   • Third-Party Liability: Covers legal liability for bodily injury or property damage to third parties arising from the use of insured machinery.
2. Insured Equipment:
   • The policy typically covers a range of construction plant and machinery, including excavators, bulldozers, cranes, forklifts, compressors, and other specialized equipment.
3. Project Locations:
   • Coverage extends to various project locations, ensuring that equipment is protected whether it is on-site, in transit, or temporarily stored.
4. Hired-In Equipment:
   • Provides coverage for machinery hired or leased by the insured contractor, covering both owned and hired-in equipment.
5. Breakdown Coverage:
   • May include coverage for breakdowns not covered by standard machinery breakdown insurance, encompassing repairs or replacement costs.
6. Operational Risks:
   • Addresses risks associated with the normal operation of machinery, including accidental damage during use.
7. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for loss of profits due to machinery breakdown or hire charges for replacement equipment.
8. Comprehensive Protection:
   • Offers a comprehensive solution to safeguard against financial losses arising from damage or liability associated with contractor-owned or hired machinery.
9. Policy Duration:
   • Policies are typically annual but can be tailored to match the specific duration of projects or contracts.

Businesses in the construction industry and related sectors heavily rely on their plant and machinery for project execution. Contractor’s Plant & Machinery Insurance is designed to mitigate the financial risks associated with the use and operation of these vital assets, ensuring that businesses can continue their operations even in the face of unexpected events. As with any insurance policy, it is important for policyholders to carefully review the terms, conditions, and exclusions of their specific policy to ensure that it aligns with their operational needs and requirements.

Machinery Breakdown Insurance is a specialized form of coverage designed to protect businesses against financial losses arising from sudden and unforeseen damage to machinery and equipment. This type of insurance is crucial for industries that heavily rely on machinery for their operations. Here are key aspects and features of Machinery Breakdown Insurance:

1. Scope of Coverage:
   • Physical Damage: Machinery Breakdown Insurance covers the cost of repair or replacement of insured machinery and equipment that has suffered sudden and accidental damage.
   • Internal and External Causes: Coverage includes damage caused by internal factors (such as mechanical failures, electrical faults, or human errors) and external perils (like fire, water damage, or natural disasters).
2. Covered Machinery:
   • The policy typically covers a wide range of machinery and equipment, including manufacturing equipment, production lines, generators, motors, compressors, and other vital assets.
3. Business Interruption:
   • Some policies may include coverage for business interruption, compensating the insured for lost profits or additional expenses incurred due to the breakdown, leading to a temporary halt in operations.
4. Inspection and Maintenance:
   • Insurance policies may require regular inspection and maintenance of machinery to minimize the risk of breakdowns. Failure to comply with maintenance standards could affect the coverage.
5. Consequential Damage:
   • Machinery Breakdown Insurance may cover consequential damage resulting from the breakdown, such as damage to other equipment or products.
6. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for express freight, overtime, or consultancy fees incurred during the repair or replacement process.
7. Geographical Coverage:
   • Coverage may extend to machinery located on or off the insured premises, providing flexibility for businesses with operations at multiple locations.
8. Newly Acquired Machinery:
   • Some policies automatically cover newly acquired machinery for a limited period, ensuring that businesses are promptly protected when expanding their equipment inventory.

Machinery Breakdown Insurance is essential for businesses to minimize the financial impact of unexpected breakdowns, ensuring the continuity of operations and protecting against significant repair or replacement costs. As with any insurance policy, it is crucial for policyholders to carefully review the terms, conditions, and exclusions to understand the scope of coverage and ensure that it meets the specific needs of their business. Regular maintenance and compliance with the insurer’s guidelines can contribute to preventing breakdowns and maintaining the integrity of the coverage.

Deterioration of Stock Insurance is a specialized type of coverage designed to protect businesses from financial losses resulting from the deterioration or spoilage of perishable goods, typically stored in refrigerated environments. This insurance is essential for businesses in industries such as food and beverage, pharmaceuticals, and any other sector where temperature-controlled storage is crucial. Here are key aspects and features of Deterioration of Stock Insurance:

1. Scope of Coverage:
   • Deterioration of Stock Insurance covers financial losses incurred due to the deterioration, decay, or spoilage of perishable goods stored in refrigerated conditions.
   • It may include coverage for stock stored in cold rooms, freezers, or other temperature-controlled environments.
2. Perils Covered:
   • Coverage is generally provided for perils such as mechanical breakdown of refrigeration equipment, power failure, accidental damage, and other events that lead to a change in temperature.
3. Types of Goods Covered:
   • This insurance typically covers a wide range of perishable goods, including but not limited to food products, pharmaceuticals, chemicals, and biological materials.
4. Business Interruption:
   • Some policies may include coverage for business interruption, compensating the insured for lost profits or additional expenses incurred due to the deterioration of stock.
5. Temperature Monitoring:
   • Insurers may require businesses to implement temperature monitoring and control systems. Compliance with temperature standards is often a condition for coverage.
6. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for transit, contamination, or losses due to government or health authority actions.
7. Exclusions:
   • Common exclusions may include losses due to normal wear and tear, inherent vice, or the insured’s failure to maintain adequate temperature controls.
8. Claims Process:
   • In the event of a covered loss, policyholders are required to document the extent of the damage, including temperature records and other relevant documentation, to facilitate the claims process.

Deterioration of Stock Insurance is vital for businesses that deal with perishable goods, as it provides financial protection against the unique risks associated with the storage and preservation of these products. As with any insurance policy, careful review of the terms, conditions, and exclusions is necessary to ensure that the coverage aligns with the specific needs of the business. Implementing proper risk management practices, such as regular equipment maintenance and monitoring, can also contribute to the effective utilization of this insurance.

Electronic Equipment Insurance is a specialized insurance coverage designed to protect businesses from financial losses arising from the sudden and accidental damage, breakdown, or loss of electronic equipment. This type of insurance is crucial for industries that heavily rely on electronic devices and machinery for their operations. Here are key aspects and features of Electronic Equipment Insurance:

1. Scope of Coverage:
   • Physical Damage: The policy typically covers the repair or replacement costs of electronic equipment, including computers, servers, communication systems, medical equipment, and other electronic devices, damaged due to covered perils.
   • External Perils: Coverage may extend to external perils such as fire, lightning, theft, vandalism, accidental damage, and other unexpected events.
2. Breakdown Coverage:
   • Electronic Equipment Insurance often includes coverage for breakdowns resulting from internal factors like electrical or mechanical failures. This is crucial as traditional property insurance may not cover such breakdowns.
3. Data Loss or Restoration Costs:
   • Some policies may include coverage for the costs associated with data loss or restoration due to covered events. This is especially important for businesses that store sensitive data electronically.
4. Business Interruption:
   • Coverage may extend to business interruption losses, compensating the insured for lost profits or additional expenses incurred due to the interruption of business operations caused by covered events.
5. Transit Coverage:
   • Policies may include coverage for electronic equipment during transit, protecting against damage or loss while being transported.
6. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for increased costs of working, express freight, or temporary replacement equipment.
7. Exclusions:
   • Common exclusions may include losses due to wear and tear, gradual deterioration, intentional acts, or events specifically excluded in the policy.
8. Inspection and Maintenance:
   • Insurers may require policyholders to adhere to regular inspection and maintenance schedules for electronic equipment, and compliance with these guidelines is often a condition for coverage.

Electronic Equipment Insurance is crucial for businesses to mitigate the financial impact of unexpected damage or breakdowns of their electronic assets. As with any insurance policy, it is important for policyholders to carefully review the terms, conditions, and exclusions to ensure that the coverage aligns with the specific needs of their business. Regular maintenance and adherence to insurer guidelines can contribute to preventing breakdowns and ensuring the continued effectiveness of the coverage.

Boiler and Pressure Vessel Insurance is a specialized form of coverage designed to protect businesses from financial losses resulting from the sudden and accidental breakdown or explosion of boilers, pressure vessels, and related equipment. This type of insurance is crucial for industries where the use of steam or high-pressure systems is common, such as manufacturing, energy, and processing industries. Here are key aspects and features of Boiler and Pressure Vessel Insurance:

1. Scope of Coverage:
   • Material Damage: The policy covers the cost of repair or replacement of insured boilers, pressure vessels, and related machinery that has suffered sudden and accidental damage.
   • Explosion Coverage: Boiler and Pressure Vessel Insurance specifically addresses the risk of explosions, which can cause extensive damage and pose serious safety hazards.
2. Third-Party Liability:
   • Coverage may extend to third-party liability, compensating for bodily injury or property damage to third parties resulting from the explosion or breakdown of insured equipment.
3. Inspection and Certification:
   • Insurers often require regular inspections of boilers and pressure vessels by authorized inspectors. Compliance with industry standards and regulations is typically a condition for coverage.
4. Business Interruption:
   • Some policies may include coverage for business interruption losses, compensating the insured for lost profits or additional expenses incurred due to the interruption of business operations caused by covered events.
5. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for damage to other property resulting from explosions, removal and replacement costs, and additional expenses incurred during the repair or replacement process.
6. Exclusions:
   • Common exclusions may include losses due to wear and tear, corrosion, gradual deterioration, intentional acts, or events specifically excluded in the policy.
7. Risk Management and Prevention:
   • Insurers may offer risk management services to help businesses implement preventive measures and adhere to safety standards, reducing the likelihood of breakdowns or explosions.

Boiler and Pressure Vessel Insurance is essential for businesses that use such equipment, as it provides financial protection against the unique risks associated with high-pressure systems. As with any insurance policy, careful review of the terms, conditions, and exclusions is necessary to ensure that the coverage aligns with the specific needs of the business. Regular inspections and adherence to safety standards are critical for both risk mitigation and maintaining the effectiveness of the coverage.

Comprehensive Machinery Insurance is a specialized insurance coverage designed to provide extensive protection for businesses against a wide range of risks associated with the use and operation of machinery and equipment. This type of insurance is crucial for industries where machinery plays a central role in production, manufacturing, and other operational processes. Here are key aspects and features of Comprehensive Machinery Insurance:

1. Scope of Coverage:
   • Comprehensive Machinery Insurance typically offers coverage for physical damage or loss to insured machinery and equipment.
   • Coverage may include risks such as fire, theft, vandalism, accidental damage, natural disasters, breakdown, and other perils.
2. Variety of Machinery Covered:
   • The policy covers various types of machinery and equipment used in business operations, ranging from manufacturing machines to industrial equipment.
3. Breakdown Coverage:
   • Unlike standard property insurance, Comprehensive Machinery Insurance often includes coverage for machinery breakdowns, addressing internal mechanical or electrical failures.
4. Business Interruption:
   • Some policies may provide coverage for business interruption, compensating the insured for lost profits or additional expenses incurred due to the interruption of business operations caused by covered events.
5. Transit Coverage:
   • Coverage may extend to machinery during transit, protecting against damage or loss while being transported.
6. Extensions and Add-ons:
   • Policyholders can often customize their coverage with additional extensions, such as coverage for express freight, overtime, or temporary replacement equipment.
7. Third-Party Liability:
   • Some Comprehensive Machinery Insurance policies may include liability coverage for bodily injury or property damage to third parties resulting from the use or operation of insured machinery.
8. Risk Management and Inspections:
   • Insurers may offer risk management services, including recommendations for maintenance and inspections to help prevent breakdowns and losses.
9. Exclusions:
   • Common exclusions may include losses due to wear and tear, gradual deterioration, intentional acts, or events specifically excluded in the policy.

Comprehensive Machinery Insurance is designed to offer businesses a broad and flexible solution to mitigate financial risks associated with the use of machinery. As with any insurance policy, careful review of the terms, conditions, and exclusions is necessary to ensure that the coverage aligns with the specific needs of the business. Implementing proper risk management practices, including regular maintenance and adherence to safety standards, can contribute to preventing breakdowns and maintaining the effectiveness of the coverage.

Goods In Transit Insurance is a type of insurance that provides coverage for the loss or damage of goods while they are being transported from one location to another. This insurance is typically purchased by businesses or individuals who regularly transport goods, such as manufacturers, wholesalers, or retailers. It protects against risks such as theft, damage, or loss of goods during the transportation process.

Professional Indemnity Insurance is a type of liability insurance that provides financial protection to professionals who provide advice or services. In case they are sued by a client for negligence, errors, or omissions, this insurance covers the costs of legal defense and any damages that may be awarded in a lawsuit. It is typically purchased by professionals such as doctors, lawyers, architects, engineers, and consultants.

Directors’ and Officers’ Liability Insurance (D&O Insurance) is a type of liability insurance that provides financial protection for the personal assets of directors and officers of a company in the event they are sued for alleged wrongful acts in their capacity as a company’s leaders. This insurance covers the costs associated with legal defense, settlements, and judgments that may arise from lawsuits, protecting individuals from personal financial loss. D&O Insurance is designed to protect the personal assets of directors and officers and to attract and retain top talent by providing reassurance that their personal assets are protected in the event of legal action.

Commercial Crime Insurance provides coverage for businesses in the event of financial losses due to criminal activities such as theft, fraud, embezzlement, forgery, and cybercrime. This insurance can protect businesses from losses caused by employees, third parties, or external hackers. It typically covers losses of money, securities, and other valuable assets, as well as legal fees and investigation costs related to the crime. Commercial crime insurance is important for businesses of all sizes to protect against the financial impact of criminal activities.

Marine insurance is a type of insurance that provides financial protection for cargo, ships, and other vessels in transit on waterways, including oceans and rivers. This insurance can cover various risks such as damage, loss, or theft of the insured goods or vessels during transportation. Marine insurance is essential for businesses that rely on shipping and transporting goods by sea or other water routes.

Insurance that is used to cover damage to a property caused by fire. Fire insurance is a specialized form of insurance beyond property insurance, and is designed to cover the cost of replacement, reconstruction or repair beyond what is covered by the property insurance policy. Policies cover damage to the building itself, and may also cover damage to nearby structures, personal property and expenses associated with not being able to live in or use the property if it is damaged. Fire & Allied Insurance covers your property against fire and other similar perils such as Lightning, Explosion, Aircraft damage, Impact Damage, Earthquake, Storm, Tempest, Flood, Bursting and overflowing of water tanks apparatus or pipes, Riot/strikes/civil commotion, Malicious damage, impact of vehicles, and burglary.

Building combined insurance is tailored for businesses that own or lease commercial properties. It encompasses various coverages, including property damage, liability, and business interruption. This comprehensive policy ensures that your business premises are adequately protected.

Office contents insurance is vital for businesses of all sizes. It covers equipment, furniture, and valuable assets within your office space. In case of theft, damage, or other unforeseen events, this insurance ensures that your business can quickly recover without significant financial setbacks.

Business interruption (BI) risks can be physical, such as fire or storms, or virtual, such as an IT outage, which can occur through malicious or accidental means. They can stem from their own operations but also from a company’s suppliers, customers or service providers.Whatever the trigger, the financial loss for companies if they are unable to provide products and services – or customers stay away – can be enormous. New risk management solutions and analytical tools can help to better understand and mitigate the modern myriad of business interruption risks and prevent losses before they occur.

Phoenix of Swaziland’s Private Motor Insurance is designed to protect your personal vehicles. Whether you own a car or a motorcycle, this insurance provides coverage for a range of situations. It includes protection against accidents, theft, and damage to your vehicle. Additionally, it offers liability coverage, which safeguards you from potential financial losses due to third-party claims resulting from accidents or injuries. With Private Motor Insurance, you can drive with confidence, knowing that your vehicle and financial well-being are secure.

Your home is one of your most valuable assets, and Phoenix of Swaziland’s Home Insurance ensures that it remains protected. This comprehensive policy covers both your house and its contents. It offers security against a variety of risks, including fire, theft, natural disasters, and even liability for accidents that occur on your property. Home Insurance provides you with peace of mind, knowing that your home and cherished possessions are safeguarded against unexpected events.

Accidents can happen when you least expect them, and that’s where Phoenix of Swaziland’s Personal Accident Insurance comes into play. This insurance product is designed to offer financial protection in the event of accidents that lead to injury, disability, or even death. It provides coverage for medical expenses, disability benefits, and a lump-sum payment to beneficiaries in the unfortunate event of a fatal accident. With Personal Accident Insurance, you and your loved ones can face the future with greater security.

In our modern lives, cell phones are essential tools for communication and productivity. Phoenix of Swaziland’s Cell Phone Insurance ensures that you stay connected without worrying about the financial burden of replacing your mobile device in case of theft, loss, or damage. This insurance product covers the cost of repairing or replacing your phone, so you can continue to stay connected without disruption.

General/Personal Liability Insurance offers coverage for personal liability. It protects you against claims made by third parties for bodily injury or property damage for which you may be held responsible. This insurance provides financial security, whether you’re at home or in public, ensuring that you are shielded from unexpected legal and financial consequences.

For those who enjoy leisure activities on the water, Phoenix of Swaziland offers Pleasure Craft Insurance. This insurance is tailored for boat and watercraft owners, providing protection for your vessel against accidents, damage, and liability. Whether you’re cruising on the open water or enjoying water sports, Pleasure Craft Insurance keeps you covered and worry-free.

Domestic insurance, often referred to as homeowners or renters insurance, is a must-have for individuals. It protects your personal property, including your home and its contents. Whether you’re a homeowner or a renter, domestic insurance provides peace of mind against unexpected losses.