Commercial Insurance Policies

GTM offers a wide range of insurance to meet the needs for business or travel.

FIRE ONLY

Provide basic insurance protection for loss or damage resulting from fire, lightning and explosion.

FIRE and LIMITED PERILS

Provide insurance protection for loss or damage resulting malicious damage, and riot and strike in addition to fire, lightning and explosion.

FIRE and FULL PERILS

Provide basic insurance protection for loss or damage resulting flood, malicious damage, earthquake, windstorm, hurricane and other allied perils in addition to fire, lightning and explosion.

ALL RISKS

Covers loss or damage to property however caused including fire and perils, burglary and accidental damage subject to the terms and conditions of the policy.

BONDS

The Company offers Bid, Customs, Mobilisation and Performance Bonds.

Provides a guarantee to pay a sum of money in the event of failure to deliver or perform as per the terms of the contract.

BURGLARY

Covers loss or damage to the Insured’s property as a result of theft or attempted theft following forcible or violent entry to or exit from the premises including armed robbery/hold-up.

BUSINESS INTERRUPTION / CONSEQUENTIAL LOSS

Covers loss of profit due to the interruption of your business as a result of an insured peril under the Fire and Perils Policy.

CASH IN TRANSIT

Provides cover for loss of cash during transit (subject to terms and conditions of policy).

COMPUTER ALL RISKS

Covers All Risks of physical loss or damage to equipment.

CONTRACTORS ALL RISKS

Covers All Risks of physical loss or damage to the property that is under construction which includes contract works, construction, plant and machinery.

EMPLOYERS LIABILITY

Covers an employer’s legal liability to the employees in respect of bodily injury, illness, disease or accidental death arising out of and during the course of their employment.

FIDELITY GUARANTEE

Covers an employer against loss of money or merchandise arising out of fraud or other acts of dishonesty committed by employees including collusion.

GOODS IN TRANSIT

Covers loss of merchandise during transportation due to various perils including robbery/hold-up.

MONEY

Covers loss or damage to money whilst on premises or in transit including hold-up and damage to safe or strong room due to burglary or attempted burglary.

PROFESSIONAL INDEMNITY

Provides cover for select professionals and businesses in the event that legal action is taken against them by third parties claiming to have suffered loss or injury as a result of mal-practice or advice given to them.

PUBLIC LIABILITY

Covers an Insured’s legal liability for death or bodily injury sustained by a Third Party or damage to a Third Party’s property caused by negligent acts arising from the operations of the Insured’s business.

For more information, contact an Insurance Advisor or a GTM Office near you.