Business

All Risks
Insurance

Accidental physical loss or damage to the whole or part of the property insured, by any cause other than those excluded.

Get Covered

At a glance

The terms behind your cover.

Ugandan business owner checking insured stock, equipment and portable items

Basis of valuation

Reinstatement or replacement value basis.

Geographical limit

Uganda, subject to the policy schedule.

Standard excess

General claims: 10%, minimum UGX 100,000. Portable items: 10%, minimum UGX 200,000.

Before acceptance

Quotation valid for 30 days; subject to risk inspection before final acceptance.

Scope and extensions

What All Risks
can protect against.

Riot and malicious damage

Riot, strike, civil commotion, and malicious damage.

Fire and explosion

Loss or damage caused by fire or explosion.

Electrical breakdown

Insured electrical and mechanical breakdown.

Machinery breakdown

Breakdown of insured machinery and plant.

Power surge and lightning

Damage from power surge and lightning strikes.

Storm, flood and earthquake

Storm, flood, and earthquake under policy terms.

Theft or attempted theft

Insured loss from theft or attempted theft.

Transit and off premises

Cover for property in transit and off the premises.

Temporary removal

Internal and external temporary removal.

Goods in care and custody

Goods in your care, custody, and control.

Transit and vehicle clause

Selected transit risks for property and vehicles.

Vehicle load clause

Insured loads carried under the policy schedule.

Additional clauses

Support before
and after a loss.

These clauses extend how the policy responds to weather events, newly acquired property, reinstatement, cancellation, debris removal, and the cost of preparing a claim.

72 Hour Clause

Related weather losses are treated as a single event.

Accountants Clause

Supports approved accounting information needed for a claim.

Newly Acquired Equipment

Automatic cover for new equipment or alterations for 30 days.

Automatic Reinstatement of Loss

Restores the sum insured after a covered loss.

Cancellation Notice

A 30-day cancellation notice applies.

Debris Removal Clause

Approved debris-removal costs after insured damage.

Claims Preparation Costs

Approved reporting, police reports, documentation, evidence, and loss-mitigation costs up to UGX 3,000,000.

Important exclusions

What is not
automatically covered.

Wear and deterioration

Wear and tear, depreciation, and moth damage.

Cleaning and restoration

Damage from cleaning, repairs, or restoration processes.

Gradual breakdown

Mechanical breakdown or gradual wear, unless specifically covered.

Deliberate acts

Deliberate acts by the insured or their relatives.

Government action

Confiscation, detention, or delays by government.

Nuclear risks

Nuclear radiation and radioactive contamination.

War and rebellion

War, invasion, rebellion, civil war, and military action.

Unattended vehicles

Theft from unattended vehicles.

Claims process

How a claim works.

01
Report the incident

Tell us what happened, where, and when — as early as you can.
02
Share the documents

Send your policy details, photos, estimates and records.
03
Assessment confirms cover

An assessor reviews the damage and confirms your cover.
04
Repair or settlement

Once approved, repairs or settlement follow policy terms.

All Risks Key Features Statement

PDF · KEY FEATURES STATEMENT

Download PDF

Ready to protect
what matters?