For larger businesses that involve more employees and product lines, it is important to ensure that unforceable events do not disrupt your operation.
Citadel advices and assists you in putting together a comprehensive package of relevant insurance policies, adapted to suit your specific needs and wants. Our insurance packages for larger corporations includes the following products:
Will provide cover for any accidental material loss or destruction to your interests at the premises used by you for carrying out your business, together with losses resulting from events such as fire, lightning, explosion, damage caused by aircraft, riot and malicious damage, earthquake, subterranean fire, storm, tempest or flood, escape of water, impact by motor vehicles, and theft following forcible and violent entry.
This insurance will provide cover for any loss of profits or revenue following interruption of, or interference with, the business as a consequence of a loss that is indemnifiable under the Property Insurance cover.
Insurance will provide cover against Legal Liability, should you become liable to pay compensation in respect of accidental bodily injury and/or accidental loss of or damage to material property incurred by third parties.
This insurance provides cover against Legal Liability, should you become liable to pay compensation in respect of accidental bodily injury or disease incurred by an employee arising out of and during the course of their employment.
Covers any loss of money occurring under particular circumstances, such as in transit, on the premises during business hours, on the premises outside business hours contained in a locked safe, or on premises outside business hours not contained in a locked safe, a bank night-safe or an automated teller machine.
Will provide cover for sudden and unforeseen physical loss or damage to the electronic equipment, and/or external data media, occurring at the premises used by you for carrying out your business. Furthermore, you will be covered for a specified amount should any damages result from a total or partial interruption of operation of the electronic equipment.
Life Insurance (Business Loan Protection)
Loan Protection Insurance, also known as Decreasing Term Insurance, is often a minimum requirement when arranging a business loan. This cover is designed to reduce over the term of the policy, broadly matching the outstanding loan amount. As any potential payout decreases over time, you will find the premium of a Loan Protection Life Insurance policy is cheaper than Level Term Life Insurance.
Take advantage from our savings when opting to bundle your insurance policies. Benefit from our MultiPolicy Discount when you buy and renew more than one policy with us (subject to eligibility).