A Multi-Peril Policy provides broad insurance protection across more than 30 defined risks, offering a comprehensive solution in a single policy. Instead of purchasing multiple standalone products, clients benefit from consolidated cover, simplified administration, and easier claims handling.
This policy brings together a wide variety of insurance classes to protect both business and personal assets. It typically includes cover for:
Damage caused by fire, lightning, explosion.
Protection for structural assets, including fixtures and fittings.
Furniture, equipment, electronics, and other office items.
Loss of income following an insured event.
Costs to recreate lost or damaged records.
Loss of property due to forced entry or robbery.
Cash on premises, in transit, or after-hours safekeeping.
Breakage of windows, mirrors, shop fronts, etc.
Employee dishonesty resulting in financial loss.
Loss/damage to items while being transported.
Accidental loss or damage to specified items anywhere.
Unexpected physical loss not covered under other sections.
Claims first made during the policy period.
Claims arising from incidents occurring during the policy period.
Claims from employees injured in the course of employment.
Fixed compensation for accidental injury or death.
Cover for groups of employees against accident-related injuries.
Comprehensive motor fleet or individual vehicle cover.
Damage to hardware, power surge risks, and data restoration costs.
Risks within workshop or dealership premises.
Risks relating to vehicles driven on roads for business purposes.
Residential buildings cover.
Contents of the insured’s home.
Portable valuables like jewellery, electronics, etc.
Mortality and theft cover for horses.
Floods, storms, hail, wind, and other catastrophic events.
Claims against management for wrongful acts.
Errors or negligence in professional services.
Protection against debtor default.
The policy can be tailored to specific client sectors—such as retail, logistics, agriculture, hospitality, and manufacturing. Clients can select only the perils relevant to their operations, set appropriate limits, and choose deductibles suited to their risk appetite.
It can complement existing cover by filling gaps, eliminating duplicate cover, and offering a unified, streamlined insurance approach. This is especially useful for businesses with multiple locations or mixed personal and commercial risk exposures.