Mobile phones, laptops, pieces of jewellery, wristwatch, camera among other valuable and movable properties can be stolen or damaged easily leaving us with unplanned expenses.

More so, with the year coming to an end, burglars are warming up to burgle people’s cars especially on the highway or in traffic and steal their belongings in broad daylight.

We all know that burglars will not give a warning when coming to loot. Therefore, Insurance is of great importance. It is the perfect tool capable of mitigating the impact of any unforeseen situations.

While Burglary/House Breaking Insurance, Householder/Better Homeguard Insurance and Fire & Special Peril Insurance as discussed in previous publication will provide cover for your movable and immovable properties whilst at home, they do not provide coverage outside your home premises. Hence, All Risk Insurance is needed to make sure you are protected everywhere.

A client invited one of our brokers to his house to discuss how he could secure his properties with insurance and as well provide answers to his many questions. During the discussion, he explained how his smart television worth N200,000.00 developed a fault after a power surge and how he had to spend a lot of money on repairs. He was surprised to hear that if he had an All Risk Insurance policy on the television, insurance would have paid for the repairs.

All Risk Insurance is a policy designed to cover your properties against all risks of loss or damage by fire, burglary, housebreaking, larceny, and theft or any other accidental loss or misfortune whilst at home or outside. This policy can be taken as a standalone policy or as an extension to Burglary/House Breaking Insurance, Householder/Better Homeguard Insurance and Fire & Special Peril Insurance at a very minimal additional cost.

For further information on insurance products, do not hesitate to contact us:
insure@addosser.com