Fire & Perils (Commerical)

Building and contents are insured against Fire, Explosion, Lightning, Earthquake, Riot & Strikes, Malicious Damage, Storm, Flood, Burst Pipes and Impact.

Underwriting Guidelines

  • A list of all items must be obtained with information on value and any identification on them such as make and serial number where available.
  • Proposer must provide information on location, nature of business and the type of building he is in.  We may not accept risks located near slum areas or where the building is constructed of material that easily catches fire.
  • Proposal form must be filled and signed.
  • All materials facts that affect the risk must be disclosed.  A material fact is a fact which would influence the judgment of a reasonable underwriter in deciding whether to accept the risk or not, and on what terms, e.g. claim history.

Claim conditions
  • To notify APA Insurance immediately in case of a loss
  • To report the occurrence to police
  • To take reasonable precautions to avoid loss
  • If fraud is suspected, all benefits under the policy are forfeited
  • Claims are subject to contribution, average and subrogation.

Exclusions

  • Fire arising out of fermentation or natural heating
  • Explosion of heating vessels.

Excess

Will be advised between Kshs. 1,500 – Kshs. 2,500 per incident

Rating

Available on request

Status

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APA Insurance | Fire & Perils (Commerical)

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