Priority Insurance Company Limited

04/07/2018

26/06/2018

Commercial property insurance is something every company needs – whether you own your own building, lease or work from home.

One of the core coverages in a businessowners policy (BOP), commercial property insurance protects your building and its contents, as well as exterior fixtures, such as a fence or outdoor sign.

Commercial property insurance definition
Commercial property insurance protects your company’s physical assets from fire, explosions, burst pipes, storms, theft and vandalism. Earthquakes and floods typically aren’t covered by commercial property insurance, unless those perils are added to the policy.

How much does commercial property insurance cost?
Determining how much you’ll pay for commercial property insurance largely depends on the value of all of your business assets, including your building. Other factors that determine your premium are based on risk, including:

Location. Is the area prone to storms and other natural disasters?
Construction. Is your building constructed with fireproof materials? Does it have new or upgraded electrical wiring, plumbing and HVAC?
Occupancy. What is your industry? A realtor’s office generally carries less risk than a restaurant or repair shop.
Fire and theft protection. How far is the nearest fire hydrant and fire station? Does your business have a fire alarm and/or sprinkler system? How about a security system?
When shopping for commercial property insurance, make sure you have all the information you’ll need for a quote.

What does commercial property insurance cover?
Commercial property insurance covers your building, everything in it and just outside of it, including:

Computers
Furniture and equipment
Exterior signs
Fence and landscaping
Important documents
Inventory
Others’ property

22/06/2018

Photos of the 45th AIO Conference and Annual General Assembly

14/02/2018

14/11/2017

COMPREHENSIVE COVER
This is the widest cover. The policy covers:
The benefits applicable under the Third Party Fire & Theft Policy PLUS

Repair cost/ or the sum insured for accidental loss of or damage to the insured vehicle arising out of:

Accidental collusion or overturning, etc.

Flood, storm, earthquake, strike, riot, civil commotion, malicious acts, etc.

Refund of reasonable towing cost.

Replacement cost of windscreen if accidentally damaged, broken or shattered.

Replacement cost or any tyre damaged and rendered unusable as a result of an accident provided the tyre was not worn out or rethreaded prior to the accident.

Limited amount for Third Party Property damage (currently GHC 2000.00). Higher limits can be obtained by paying an additional premium.

Limited Personal Accident Benefit for the insured / driver in control of

14/11/2017

THIRD PARTY FIRE & THEFT POLICY
It covers:
The benefits applicable under the Third Party Only Policy PLUS

Cost of repair/ or compensation to the policy holder if insured vehicle is:

Damaged by fire, external explosion self –ignition or lighting.

Damaged either during attempted theft or whilst it is stolen.

Stolen and not recovered.

Payments of the sum insured for the loss of or damage to permanently fitted car radio/cassette, compact disk, audio speakers.

14/11/2017

One of the policies we cover....Kindly comment if you need further explanation...Priority...we are on your side..

THIRD PARTY ONLY
It covers:




Unlimited monetary compensation for the insured’s legal liability for death of or bodily injury sustained by any of the following as a result of the use of the insured vehicle:

Pedestrians;

Fare paying passengers in commercial vehicles

Member(s) of the insured’s household

Gratuitous passengers

Limited compensation for damage to property belonging to someone other than the insured or member of his/her household.

The current limit is GHC 2000 Higher limits can be obtained by paying an additional premium.

Legal costs and expenses incurred with the written consent of the insurers in defending court proceedings from an event for which cover is provided.

Basic first aid cost/ emergency medical expenses for accident victims as occupants of the insured vehicle.

Limited Personal Accident protection for the insured/driver in control of the vehicle/mate (commercial vehicles). Currently maximum amount paid is GHC 2000

28/10/2017

Photos taken at the maiden General Insurance Conference.

26/10/2017

Priority Insurance Company Limited is the official insurer of the 2017 MTN F.A Cup Final,between "Accra Hearts Of Oak" and "Kumasi Asante Kotoko" ,which would be played at the Tamale sports stadium on Sunday, 29th October,2017 .The insurance package is over GH₵330,000 which covers the coaches, players and all the match officials for the game.
Also,a huge sum of money would be awarded to the cup winner.

Priority.....we are on your side..

24/10/2017

Ghana Football Association conference.

Priority Insurance , your proud sponsor of MTN F.A cup final .

18/10/2017

Terms In Insurance.....Today's term is
Insurance Risk

The likelihood that an insured event will occur, requiring the insurer to pay a claim. For example, in life insurance, the insurance risk is the possibility that the insured party will die before his/her premiums equal or exceed the death benefit. Insurance companies compensate for this risk by adjusting premiums according to how great the risk is.

Priority,we are on your side....
Call :0505719499 or
Whatsapp us today :0577778950