Products Information

Marine cargo insurance (Ocean marine)
This insurance cover’s the cargo which is being imported to or exported from Pakistan.

The cargo can be insured on limited or comprehensive basis.
There are three levels of covers available;

Institute Cargo Clauses ‘A’
This covers all risks of loss or damage to cargo being transported by sea or by air.

Institute Cargo Clauses ‘B’ 
This is the intermediate level of cover which provides coverage against loss or damage to the cargo against following perils;

a) Fire or explosion
b) vessel being sunk, grounded or capsize.
c) collision of vessel or conveyance.
d) discharge of cargo at port of distress
e) earthquake, volcanic eruption or lightning
f) general average sacrifice
g) jettision or washing overboard
h) damage to cargo due to entry of sea, lake or river water into vessel or craft.
i) total loss of any package lost overboard or dropped while loading to or unloading from vessel or craft.

Institute Cargo Clauses ‘C’ 
This is the basic level of cover which provides coverage against loss or damage to the cargo against following perils;

a) Fire or explosion
b) vessel being sunk, grounded or capsize.
c) collision of vessel or conveyance.
d) discharge of cargo at port of distress
e) general average sacrifice
f) jettision.

Terms and conditions as per standard policy apply

Inland Marine Cargo Insurance
This insurance cover’s the cargo which is being transported from one place to another in Pakistan.

The cargo can be insured on limited or comprehensive basis under following covers.

Road/Rail Cargo Clauses ‘A’
This covers all risks of loss or damage to cargo.

Road/Rail Cargo Clauses ‘B’
This provides coverage against loss or damage to the cargo against following perils

a) Fire or Explosion
b) Overturning or derailment of land conveyance
c) Collision or contact of conveyance with any external object other than     water
d) breakage of bridges.

Terms and conditions as per standard policy apply

Private Car Policy & Commercial Vehicle Comprehensive Policy
This insurance covers all the popular brands of Local and Imported vehicles.
The insured will be indemnified against loss of or damage to the Motor Car and / or its accessories whilst thereon by

a) Accidental external means
b) Fire external explosion self-ignition or frost
c) Burglary, house breaking or theft
d) Malicious act
e) Riot, strike
f) Flood, hail, wind, hurricane, cyclone, tornado or typhoon
g) Earthquake, volcanic eruption or other convulsion of nature and
h) Whilst in transit by air, road rail inland waterway, lift or elevator

This policy also covers the risk of liabilities of Death, bodily injury or Damage to property of third parties.

This policy also pays to the Insured the reasonable medical expenses.

Terms and conditions as per standard policy apply

Motor Cycle Comprehensive Policy
This insurance covers all the popular brands of Local and Imported Motor Cycles.
The Insured will be indemnified against loss of or damage to the Motor Cycle by

a) Accidental external means
b) Fire external explosion self-ignition or frost
c) Burglary, house breaking or theft
d) Malicious act
e) Riot, strike
f) Flood, hail, wind, hurricane, cyclone, tornado or typhoon
g) Earthquake, volcanic eruption or other convulsion of nature and
h) Whilst in transit by air, road rail inland waterway, lift or elevator

This policy also covers the risk of liabilities of Death, bodily injury or Damage to property of third parties.

Terms and conditions as per standard policy apply

FIRE AND ALLIED PERILS
UBL Insurers Limited provides it’s Corporate Clients with the standard fire policy which may be extended to cover the allied perils. Whether the insured can be a simple shop owner or a factory owner, we offer these covers to all.

The standard fire policy covers fire, lightning and explosion. With the introduction of allied perils like:-

1. Earthquake (Fire & Shock)
2. Atmospheric Disturbance Clause
3. Aircraft or Arial Devices falling there from
4. Impact (Collision) damage
5. Riot and Strike damage
6. Malicious damage.

the cover becomes adequate for any risk.

Terms and conditions as per standard policy apply

Hotels Owner’s All Risk
Package covers available to protect the business contents & stock plus liability, loss of license, business interruption, money, glass, and stock in transit. Additional sections can be added for buildings and personal contents contained within the living accommodation.
Contractor’s All Risk Insurance
This insurance offers comprehensive and adequate protection against loss or damage in respect of the contract works, construction plant and equipment and/or construction machinery, as well as against third party claims in respect of property damage and/or bodily injury arising in connection with the execution of a construction project. Details are:

Material Damage
– Coverage includes any unforeseen and sudden physical loss or damage from any cause, Other than those specifically excluded.
– Insurers will indemnify the Insured in respect of such loss or damage as hereinafter Provided by payment in cash, replacement or repair.

Third Party Liability
The Insurers will indemnify the Insured against such sums which the Insured shall become legally liable to pay as damages consequent upon

a) accidental bodily injury to or illness of third parties (whether fatal or     not),
b) accidental loss of or damage to property belonging to third parties

Occurring in direct connection with the construction or erection of the items insured.

Terms and conditions as per standard policy apply

This insurance provides cover for all electronic systems which generally have only a moderate power requirement while such equipments are at work, at rest or during maintenance operations for the purpose of cleaning, overhauling or of being shifted within the premises, or in the course of the aforesaid operations themselves, or during subsequent re-erection, but in any case only after successful commissioning.

Terms and conditions as per standard policy apply

This is an Insurance which offers comprehensive and adequate protection against all the risks involved in the erection of machinery, plant and steel structures of any kind as well as third party claims in respect of property damage or bodily injury arising in connection with the execution of an erection project. It contains the following sections :

Material Damage
– Coverage includes any unforeseen and sudden physical loss or damage from any cause,other than those specifically excluded.
– Insurers will indemnify the Insured in respect of such loss or damage as hereinafter provided by payment in cash, replacement or repair.

Third Party Liability
The Insurers will indemnify the Insured against such sums which the Insured shall become legally liable to pay as damages consequent upon

a) accidental bodily injury to or illness of third parties (whether fatal or     not)
b) accidental loss of or damage to property belonging to third parties

Occurring in direct connection with the construction or erection of the items insured.

Terms and conditions as per standard policy apply

It was developed to grant industry effective insurance cover for plant, machinery and mechanical equipment at work, at rest or during maintenance operations. It covers the following :

All machinery and plant 
– Machinery is insured when ready for commercial operation; in the case of newly installed plant once it has been commissioned and the testing period has been completed successfully.
– This insurance applies whether the insured property is at work or at rest, or dismantled for the purpose of cleaning, overhauling, or of being shifted within the premises, or in course of subsequent re erection;

Insured perils
– The Company indemnifies sudden and unforeseen physical loss or damage, necessitating its repair or replacement and resulting from:
– Fortuitous working accidents such as maladjustment, loosening of parts, failures or faults in protective devices, entry of foreign bodies.
– Tearing apart due to centrifugal forces
– Shortage of water in steam boilers or pressure vessels
– Over pressure or implosion;
– Short circuit, over voltage or over current
– Defects or faults in design, material or manufacturing and faults in erection
– Faulty operation, lack of skill, carelessness, malevolence of employees
– Storm

Terms and conditions as per standard policy apply

Professional Indemnity
Cover to protect your business from claims made against you for your alleged professional negligence when the client has suffered a financial loss. Cover can be obtained for a wide range of professions including IT consultants, accountants, consulting engineers, employment agencies, management consultants plus many more, subject to the completion of a proposal form.

Public and Products Liability
Public liability – insurance covers your legal liability to pay damages to members of the public for death, bodily injury or damage to their property that occurs as a result of your business activities. It also covers legal fees, costs and expenses such as representation at any coroner’s inquest, fatal accident enquiry or other court hearing because of an accident.

Products Liability – If you make, repair or sell products, you could be held legally liable for damage or injury arising from defects in their design or manufacture even if you have not been negligent. Product liability insurance covers you in these circumstances up to a maximum amount each year.

Employers Liability
This Policy offers coverage against any legal liabilities of the employers arising out of and in the course of employment as per workmen compensation Act, Fatal Accident Act, or at Common Law.

Fidelity Guarantee Insurance
This Policy offers coverage to the employer for pecuniary loss due to fraud or dishonesty committed by the employee.

Directors and Officers Liability
The introduction of new legislation and changes to corporate governance has increased the personal responsibilities of a director. Under statute law there are an ever-increasing number of duties and responsibilities imposed – a breach of which could lead to an individual being personally prosecuted. The need for this cover has never been more important for the protection of a company Director or Officer.

Terms and conditions as per standard policy apply

24/7 Muhafiz Home Insurance
UBL Insurers Limited with the introduction of its Home Muhafiz Plan, has put together a set of tailor made covers to fulfill all its Customers needs. Offering the right solution for all the problems of the time, the right mix of covers and an affordable cost are the hallmarks of this policy.

This policy covers: Fire, Lightning, Explosion, Burglary and House breaking including Dacoity, Earthquake, Storm, Tempest and Flood, Bursting and overflowing of Water tanks, Aircraft Damage, Impact (Collision) damage, Riot and Strike damage, Malicious damage.

The Plan covers the following:

1. Building
2. Contents
3. Coverage for Jewellery and Cash
4. Loss of Rent

Terms and conditions as per standard policy apply

This cover provides comprehensive protection against Accidental Death, Total and permanent disablement, partial disablement, temporary total disablement, temporary partial disablement caused by an accident, by visible and violent means.

LIST OF BENEFITS

  • Death 100 %
  • Permanent total disability
    a. Permanent Total Loss of both eyes or two limbs 100%
    b. Permanent Total loss of one eye and one limb 75%
    c. Permanent Total loss of one eye or one limb 70%
    d. Permanent Total loss of one finger or thumb or toe 20%
  • Temporary total disablement
  • Temporary partial disablement
  • Emergency Medical Transportation
  • Local burial or repatriation
  • Medical cover up to 15 % of Sum insured
  • Exclusive and unique cover for Parents (Voyage only)
    Parents of the insured traveling abroad are covered provided that a written information is received from the insured a week earlier stating the destination and flight details and they are not over 60 years of age

Terms and conditions as per standard policy apply

It protects your from additional expenses in terms of Medical & Hospitalization while you are travelleing any where in the world. This product with Online Claim Sattlement feature and 24/7 world wide assistance has been one of best travelling partner while planning a trip abroad.
Our Health Cover has an enhanced cover limits on economical premium. Our experienced Health team is ready to serve you with highly qualified TPA arrangements on an affordable price.