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Fire <span>Insurance</span>

FIRE INSURANCE: There are two main products under our Fire insurance Portfolio namely:

  1. Fire and Special Perils
  2. The Red Card

a)     Fire and Special Perils: This product provides cover for both private residence and business premises against loss or damage to property, injury or death to persons caused by fire and related perils such as flood, storm, tempest, riot and strikes, malicious damage, explosion, burst water pipes.

b)     The Red Card: This is a fire insurance product specially designed for low to medium income class. It provides standardized cover for contents of buildings only at affordable premium rates. The product comes in four variants:

Basic:     Provides cover on the contents of homes up to N 250,000
Bronze: Provides cover on the contents of homes up to N500,000
Silver:    Provides cover on the contents of homes up to  N750,000            
Gold:     Provides cover on the contents of your home up to  N1 million

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