Mutual Benefits Assurance Logo
Call: 234-905-464-4444
Coverage
What is insured?
Allied Perils such as aircraft/aerial devices drop; riot/strike/locked out workers; Malicious damage; Earthquake/ Volcanic eruption; Storm/Tempest/Flood; Escape of water from Tank/Pipe; Impact by any road vehicle/Animal

What is not insured?
  • Loss of earnings/Consequential Loss
  • Acts of terrorism
  • War, Invasion or warlike operations
  • Ionising radiation or contamination by radioactivity
  • Nuclear weapons
  • Short circuiting/Self heating, leakage or electricity
  • Precious goods held in trust or on commission by the Insured/family members
Where am I covered?
  • Within specified location in Nigeria
Are there any restrictions on cover?
  • Policy Deductibles
  • Sum Insured
  • Geographical Limit
How do I pay?
  • Cheque
  • Direct Bank Transfer
When does the cover start and end?
Cover starts at 1600 hours of inception date and ends at 1600 hours of expiry date (subject to Policy conditions).
 
Benefits
What do I stand to gain?
  • Restoration of financial loss
  • Continuity of business
  • Continuity/ restoration of occupancy
  • Repair or replacement of damaged property
Claims
What are my obligations?
  • To disclose all material facts of the subject matter
  • Payment of premium
  • Immediate notification of claimable event
  • In the event of claimable incident, take steps to minimize the loss or damage and recover any missing property
  • Cooperate with claim adjusters