Bolt Assurance provides for the following casualty lines to provide the appropriate protection to your properties and your business.
This insurance product line is specially designed to cover mobile vehicles or equipment which are not licensed for general road use. Some examples include forklifts, wheel loaders, agricultural tractors, excavators, bulldozers, crawlers among others.
This policy covers loss or damage to the property insured by:
Fidelity guarantee insurance is designed to indemnify the insured against loss as a result of dishonesty of persons holding position of trust.
This is an insurance product that indemnifies the employers against loss of monies negotiable instruments or goods belonging to the employer or for which they are responsible as a result of dishonesty of their employees.
The acts of fraud or dishonesty must be committed
1. During the period of insurance
2. During the uninterrupted continuance of employment of the said employee
3. In connection with the occupation and duties of the said employee
The acts of fraud or dishonesty must be discovered during either
1. Period of insurance, or
2. Not later than 3 months after termination of the policy or
3. Not later than 6 months after termination of employment of such employee
Whatever event shall first happen.
Section 1 – Money in Vault
Provides coverage on money on the Insured’s premises during and outside normal business hours, however money on premises outside normal business hours must be secured in locked drawers or locked safes. It likewise covers monies on Insured’s premises contained in locked safes or strongrooms as well as monies in locked drawers or cabinets or cash registers.
Section 2 – Money in Side Premieres
This section covers monies in the personal custody of the Insured’s authorized employees whilst in direct transit between the premises and bank or post office principally collection money.
Insurance coverage to protect against legal liabilities which the insured may incur for bodily injuries and property damage to third parties in connection with its business, premises and operations.