GLICO GENERAL

PRODUCT LINES FOR INDIVIDUALS



Glico General's Motor Vehicle Insurance
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Our Motor Vehicle insurance offers three different types of cover Third Party This is our minimum cover. It covers your liabilities to third parties in respect of damage caused to their property or injury/death to the third parties as a result of the use of your vehicle. Our standard Third Party policy has a limit on the liability for property damage. However there is an option for an increase in the limit upon request. This benefit comes with a small additional premium charge.

The policy does not cover any loss or damage to your own vehicle.

Third Party Fire & Theft

Our Third Party Fire and Theft policy offers the benefits under the Third Party in addition to providing cover for your own vehicle when the vehicle or any of its parts are stolen through violence or force, or there is loss or damage to the vehicle as a result of fire.

The policy does not cover own damage losses.

Comprehensive

This policy provides comprehensive cover to our clients. In addition to granting cover for your liability to third parties, our comprehensive policy covers such risks as fire, explosion, theft, accidental collision or overturning due to mechanical breakdown, malicious damage, flood, storm, to mention but a few.

It also provides cover for a certain amount for emergency medical treatment as well as personal accident benefit to the insured or the driver of the vehicle.

We also have a specially designed motor comprehensive package for identified groups and staff unions at various organisations. This package offers the comprehensive policy at a competitive price with enhanced benefits.
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Glico General's Fire and Allied Perils Policy
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The Glico General Fire and Allied Perils policy covers losses or damages to your property resulting from Fire, Explosion (specifically of gas used for domestic purposes) and Lightning. Our policy could be extended to cover such perils as impact usually by vehicles or animals, riot & strike, bursting or overflowing of water tanks, apparatus or pipes, flood, earthquake, hurricane, tornado, windstorm, cyclone, aircraft or any other aerial device or article dropped therefrom.

Our policy also takes care of such expenses as Engineers, Architects and Surveyors fees, expenses from removal of debris, all of which arise following the occurrence of fire or any insured peril. Such physical properties as buildings/structures, office equipments, stocks, raw materials, furniture and fittings, plants and other equipments may be covered.
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Glico General's Burglary Policy
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Our burglary policy indemnifies you against loss of or damage to your often movable property by theft following entry or exit from the business premises by forcible and violent means. Damage sustained by the premises in the course of the burglary is also covered. Such property as stock in trade, raw materials, furniture, office equipment may be also covered.

The burglary policy will also pay for the cost of damage to the insured property following an attempted theft where where is threat to life. Our cover extends to individuals, small businesses and large organisations/businesses.
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Glico General Homeowner's Policy
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The home owner's policy is designed exclusively to cover loss or damage to private dwelling house, as well as household goods and personal effects of you as an insured / occupant resulting from fire and allied perils or theft. Our policy also covers your liability to third parties for injury or damage sustained at the premises following negligence on your part.

Other benefits our policy offers is that of an automatic Personal Accident benefit of Five Hundred Ghana Cedis (GH¢500.00) available for the insured. Additionally, if the house is rented out, an insured has the option of extending the policy to include loss of rent receivable.
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Glico General Shop Owners Policy
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Our Comprehensive Shop Owners policy is a unique product targeted at small scale businesses that buy and sell goods/ items. This policy has been exclusively designed to combine the benefits of our fire and allied perils policy and the burglary policy. The policy provides cover for :

Buildings: occupied and used as a shop constructed of brick, stone or cement blocks/concrete; Contents: Stock in trade, Goods, Merchandise Office equipment and Furniture;

against loss or damages arising from fire or its allied perils or when theft occurs following forcible entry or exit into or out of the shop. A free public liability of up to GH¢500.00 per accident is an additional benefit on the policy.
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Glico General's Assets All Risk Policy
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This policy indemnifies the insured against loss, destruction or damage to the insured property from any cause whatsoever (except where specifically excluded), from accidental, sudden and unforeseen cause. It is an all embracing policy, which covers Fire and Allied Perils (Flood, Tornado, Windstorm, Earthquake, Burst Pipes and apparatus, Lightening, Strikes, Riots and Civil Commotion) as well as Burglary/Theft. The Policy Schedule is divided into three sections:

i. Buildings
ii. Plant and Machinery
iii. Contents – Office Equipment, Furniture, Fixtures and Fittings.
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Glico General's Group Personal Accident Policy
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The Workmen's Compensation policy provides cover for injuries occurring at the workplace or relating to the work of an employee. It does not cover accidents occurring at home, public places, etc. This policy covers the various types of risk which you are exposed to daily. It provides a 24-hour cover compared to the workmen's compensation policy which ends at the close of work and provides compensation for accidental death or bodily injuries to a member of a group. It is usually more advantageous for a group (association, club, organisation or company) to take this type of cover than for each of them to take individual personal accident cover, because it becomes more economical and encompasses addtional benefits.
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Glico General Marine Cargo
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Marine Cargo Insurance refers to the insurance of goods shipped from one place to another, anywhere in the world. The policy is usually effected on a "per voyage" basis i.e., from the time the goods leave the premises of the seller until the time they finally arrive at the buyer's premises. It can can either be effected by the buyer or the seller depending on the contract of sales be it FOB, C&F or CIF . We can arrange an Individual Cover for each and every shipment or an Open Cover which is a continuous policy providing automatic cover for all shipment descriped in the policy.

Our Marine Cargo Policy covers varied risks such as shipment by sea, by air, inland transits and adopts the Institute Cargo Clauses A,B,C amongst others in providing you with robust and tailored cargo insurance in respect of all goods imported/exported in or out of the country..
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Glico General Marine Hull
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This policy covers loss or damage to hull and machinery to the carrying vessel, machinery and third party liability flowing from the perils of the sea or any other navigable waters. The hull is the structure of the vessel. Machinery is the equipment that generates the power to move the vessel and control the lighting and temperature system such as boiler, engine, cooler and electricity generator.

Various vessels that can be insured under our Marine Hull policy ranging from Fishing Vessels, Passenger Vessels, Cargo Vessels through to Yacht and Boats. The policy could be taken for a specific voyage (Voyage Policy) or for a specified period, normally 12 months (Time Policy) and the Institute Time Clauses (Time, FPA and Total Loss Only) and be adopted amongst others depending on the nature and degree of the risk. Our policy covers both the hull as well as the machinery.
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Glico General's Plant & Machinery Policy
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This policy covers all types of machinery, plant and mechanical equipment, including construction equipment, plants, and production equipment at work or at rest or during maintenance operations. The policy covers unforeseen and sudden physical loss of or damage to plant, machinery and equipment which necessitate their repair or replacement.

It therefore covers such causes as faulty design, faulty operations, malicious acts, physical explosion, short circuit, storm etc.
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