WhyYouNeedThisCover
Your property is built, furnished, equipped, and stocked over time. When major damage occurs, recovery can be expensive. Replacing stock, repairing property, and restoring operations may place significant pressure on finances.
Fire & Special Perils Insurance helps reduce that burden by providing protection against some of the most common causes of property loss.
Protectioncanbearrangedforawiderangeofassets,including:
Buildings & Property
Homes
Offices
Shops
Warehouses
Fixtures and fittings
Factories
Stock & Contents
Stock and inventory
Raw materials
Finished goods
Equipment
Furniture
Business contents
Fire&SpecialPerilsInsuranceissuitablefor:
Homeowners and Landlords
Shop owners
Property investors
Manufacturers
Warehouse operators
Homeowners and Landlords
Shop owners
Property investors
Manufacturers
Warehouse operators
Thepolicyprovidesprotectionagainstlossordamagearisingfrom:
Fire, Lightning, and Domestic explosions
Flood, Storm, and wind damage
Bursting or overflowing water tanks and pipes
Riot, strike, and civil commotion
Malicious damage
Bushfire and Earthquake
Impact by vehicles or animals
Aerial devices and articles dropped from them
Why Businesses Choose NEM Insurance
Deep understanding of commercial and operational risks
Experienced underwriting and claims teams
Nationwide support network
Over 75 years of insurance expertise
More than ₦136 billion paid in claims over the last decade
Deep understanding of commercial and operational risks
Experienced underwriting and claims teams
Nationwide support network
Over 75 years of insurance expertise
More than ₦136 billion paid in claims over the last decade
Frequently asked questions
Fire & Special Perils Insurance protects insured property against fire and a range of specified risks that may result in physical loss or damage.
No. Cover extends to other insured risks such as flood, storm, explosion, riot, malicious damage, and additional specified perils.
Yes. The policy can be arranged for a wide range of goods, including raw materials, finished products, machinery, consumer goods, and agricultural produce.
Individuals, businesses, property owners, manufacturers, and organisations with insurable property can purchase cover.