Insurance Policies
- Auto Insurance
- Travel Insurance
- SME Insurance
- Health Insurance
- Personal Insurance
- Large and Multinationals
We have all your auto insurance needs available.
1. Third-Party: This does not cover damage to your car from any cause whatsoever.
2. Third-Party, fire & theft
3. Comprehensive Cover
Gains
● Assured compensation for damage against a third-party individual and vehicle.
● Full cover for your own vehicle under comprehensive insurance.
● Get unlimited medical cost for bodily injury/death to a third party.
● Cover for passengers in the vehicle as at the time of the accident
Making a claim
● Notify Us within 30 DAYS of incident: Notify us via our hotline or go to the Claims section to file your claim or send an email to claims@mascotbrokers.com.
● Processing: Our dedicated claims team will process your claims as soon as possible. Make available a completed claim form, an estimate of repair, photographs of the accident vehicle showing the damage and registration number, police report if a third party is involved.
Travel Insurance
Travel insurance is the all-in-one insurance policy that is the solution to the following problems:
1. Medical Expenses
2. Loss of Luggage
Gains
● Medical expenses and hospitalization abroad during the period of cover
● Compensation for in-flight loss of checked-in baggage
● Emergency return home following the death of a close family member
● Trip cancellation expenses & Compensation for delayed departure
Making a claim
● Inform us about the incident: Notify us via our hotline or go to Claims Section to file your claim, or send an email to claims@mascotbrokers.com
● Authorization: Our dedicated claims team will help you access medical, legal, and other personal assistance
● Access Care/Support: Receive medical assistance or other support as normal.
● Get value: for your expenses in claims
SME Insurance
1. Start-ups: Start-up companies need insurance to leverage on.
2. Sole Traders: You are not in this alone. We are here to help you share the burden.
3. Small and Medium Businesses: As an SME, your business needs the right support to leverage on.
Available for SMEs:
Public liability
Health insurance/Employee accident benefit
Machinery breakdown
Professional indemnity
Fire and burglary
All risk insurance
Product liability
Gains
● Compensation for loss due to theft or fire during the period of cover.
● Material damage and product liability.
● Machinery breakdown and Loss of money cover.
● Insures against business interruption and professional indemnity.
Making a claim
● Inform us about the incident: Notify us via our hotline or go to Claims Section to file your claim or send an email to claims@mascotbrokers.com
● Processing: Our dedicated claims team will help you process your claims and get back to you ASAP.
● Access Care/Support: Receive assistance, cost of repairs, replacement, or other support as required.
● Get value: that ensures all that relates to your business.
Health Insurance
Group Life Assurance
Key benefits
● Provides cover to employees 24 hours a day, 7 days a week
● Provides financial support to the dependants of the employee
● Any lump sum payable to dependants is not subject to Inheritance Tax
● All causes of death are covered except suicide and mountaineering.
● Can be used as collateral for a bank loan.
Group Critical Illness
Key benefits
● Can provide cover for the most commonly suffered critical illnesses only (including cancer, heart attack, and stroke) and can also be extended to other conditions
● Once a claim is made the employee will still be covered for all other named conditions but not for that specific (or related) condition
● Employees can use the lump sum provided to help towards any expense they choose, such as treatment costs, nursing care, financial commitments, or changes required to home or lifestyle as a result of serious illness
● Added value benefits such as a second medical opinion service to help ensure that the diagnosis of the suggested treatments is correct
International Medical Insurance
Key benefits
● Reduce the risk of paying for expensive medical treatment abroad
● Peace of mind of knowing that treatment is available promptly
● Covers the cost of medical evacuation
● Can cover prescribed medicines, even long-term prescriptions. Pregnancy and childbirth may also be covered
● 24 hours, 7 days a week support and information
Dental Plans
Key benefits
● Freedom of choice – you will choose a Hospital in your chosen area.
● Affordable premiums covering both routine and emergency dentistry.
● Cover available for Oral Cancer.
● Some plans cover pre-existing conditions and do not require pre-enrollment checks.
● Worldwide dental injury and dental emergency cover available.
Private Medical Insurance
Key benefits
● A high-value employee benefit to aid recruitment and staff retention
● Prompt treatment so members can be returned to health as quickly as possible
● Minimizes sickness absence
● Reassurance of knowing that treatment is available promptly
● Flexibility to choose who provides treatment, where and when you have your treatment.
Speak to us today, whether you are an individual or a family, we can help you arrange a comprehensive health plan that can give you rest of mind.
Personal Insurance
Mortgage Insurance
Who is Mortgage Insurance for?
Mortgage Insurance can be taken by Homeowners/Borrowers who used their property as collateral to secure a loan. Insurance will be affected should the borrower dies or becomes permanently disabled before paying back the loan and accrued interest in full or should the building be damaged by fire, flood, and other disasters. The Insurance company helps the borrowers to offset the balance.
Benefit
Life Assured: The mortgage on the property is fully covered for the insured’s family.
Funeral Insurance
What you should know
– It covers burial expenses
– Premium payment stops at age 60 but cover will be provided for the whole life
– No cash value during the policy term
– Cover maybe be extended to spouse, parents, and in-law
– Death cover for parents and in-laws is a maximum of 50% of the holder’s cover
– To wait for three months during which if death occurs, there will only be a refund of premium, except death is as a result of the accident.
Family Income Protection Insurance
How it Works
Family income insurance is a monthly income that continues at the level specified in a policyholder’s policy in the case the policyholder dies during the currency of the policy. The monthly income will continue until the predetermined date of termination. At the end of the policy term the beneficiary, along with the monthly incomes they received, will get the face value of the policy in a lump sum.
Education Endowment Policy
Endowment insurance provides both protection and savings. The policy normally pays the sum insured and any accrued bonuses you have built up at the end of the set period of time (maturity date; usually the commencement of the level of education you have designed for your child or when you die or become totally or permanently disabled at an earlier date).
Personal Accident Insurance
Personal Accident insurance is designed, keeping in mind the medical needs of a person facing an accident anywhere in the world. There is coverage for permanent(Sum Insured) or temporary disablement (a percent of the sum insured) as stated in the plan’s conditions. Furthermore, the coverage limit, in case of disablement, also depends upon bodily injuries.
– Accidental death
– Permanent disablement
– Temporary total or partial disablement
– Medical expenses
– Corrective surgery
– Hospitalizations benefits
Education Endowment Policy
Endowment insurance provides both protection and savings. The policy normally pays the sum insured and any accrued bonuses you have built up at the end of the set period of time (maturity date; usually the commencement of the level of education you have designed for your child or when you die or become totally or permanently disabled at an earlier date).
Home Insurance
The home is generally exposed to major perils such as fire, lightning, explosions, earthquakes, storms, floods, riots, strikes, malicious damage or vandalism. You may also be liable for any personal injuries to your domestic servants, or third-party damage to the property or building you occupy as a tenant.
A. Landlord’s Insurance (House Owner Policy)
Your insurance coverage could include property damage, accidental damage by tenants, and much more.
Key covers
– Buildings & contents insurance
– Loss-of-rent insurance
– Employer’s, public & property owners liability insurance
– Fire & special perils
– Legal expenses cover
– Personal Accident
Target markets
– Residential property owners and landlords (such as buy-to-let)
– Commercial property owners and landlords.
B. House Holder’s Insurance (Insurance Policy for Tenants)
Your home and everything in it are probably your most important assets. So you naturally want the peace of mind of knowing you have it all covered.
Key covers
– Contents
– Liability on stolen credit cards (may attract an additional fee)
– Personal possessions such as phones and cameras.
Large and Multinationals
Marine Insurance
This policy is a cover for a shipowner or business venture of goods in transit (import or export) in and out of the country.
Goods in Transit
This policy covers all risk of loss, physical damage, or destruction, or any misfortune to goods whilst in transit either in the insured own vehicle or hired vehicle.
Engineering Insurance
This is wide covering different risks associated with a specific process, equipment plants, etc. Engineering Insurance package covers:
1. Plants/machinery breakdown
2. Erection/Construction all risks
3. Contractor all risks
4. Electronic /Electrical equipment, etc.
5. Construction etc.
Machinery Breakdown
Scope: Unforeseen and sudden damage to the insured machinery from such as:
1. Faulty materials,
2. designed, construction
3. erection vibration,
4. maladjustment
5. misalignment etc.
Householder’s comprehensive
The policy covers different sections for all types of risks that one can think of in private environments e.g. the building, contents, All risks for goods such as jewelry, phones, loss of rent, compensation for the death of the insured, etc.
Computer all Risk
This policy covers all risks of loss or damage to the property insured by any accident or misfortune.
Fidelity Guarantee
The policy indemnifies the insured against all direct pecuniary loss sustained by acts of fraud or dishonesty committed by any of the insured’s employees.
Money Insurance
This insurance covers all risks of loss or destruction of money in the circumstances or situation in the schedule of the policy.
Consequential Loss following Damage
Consequential loss resulting from:
1. Fire, lighting, bush fire, explosion, earthquake, fire, stock, Aircraft, and impact (including by own vehicle?
2. Tornado, flood, windstorm, Hurricane or cyclone bursting and overflowing of tanks and apparatus
3. Riot, strike, and malicious damage
Public Liability
Indemnity to the insured against liability at law for damages and claimant’s cost and expenses in respect of Death, Bodily Injury to third parties damages to third parties property happening during the period of Insurance in connection with the insured business.
