Fire and Special Perils cover for shops, warehouses, factories and hotels — rebuild your premises and replace your stock without rebuilding your business from zero.
Most commercial premises in Nigeria are self-insured by default — not by decision, but by delay. The numbers only matter once.
Average time a fire-damaged SME stays shut before it can trade again without cover in place — stock, fittings and premises all lost at once.
What NAICOM or your landlord's building policy pays toward your stock, equipment, or fittings. Their cover protects the structure, not your business.
Is usually enough. Electrical faults and cooking-area fires remain the leading causes of commercial fire claims across Nigerian retail and hospitality premises.
A standard Fire & Special Perils schedule extends well past the name on the policy — here's the full spread of what's insured.
Cover is rated to how your premises actually operates — not a generic shop-and-office template.
Shop fittings, stock-in-trade and point-of-sale equipment covered at the value that's actually on your shelves.
Stock uplift availableHigh-value stored goods, racking and loading-bay exposure, rated for single-location or multi-site accumulation.
Accumulation ratedPlant, machinery and raw materials, with business-interruption extensions to cover lost production days.
BI extension availableKitchens, guest areas and fittings — priced around your real fire load, not a flat hotel-wide estimate.
Kitchen risk ratedLocation, use, sum insured estimate — five minutes, no site visit needed to start.
[BROKER_NAME] returns a schedule with premium, perils and excess clearly laid out.
Confirm sums insured, pay the premium, receive your certificate the same day.
Certificate and schedule sent digitally — ready to show your landlord or lender.
Your schedule is rated to include stock-in-trade, fittings and equipment — not just the structure. Building-only cover is available separately if you're a tenant and your landlord already insures the premises.
War, nuclear risk, and gradual deterioration (like rust or wear) sit outside standard cover, along with a small excess on each claim. Your schedule lists every exclusion in plain terms before you bind.
Standard risks — retail, warehousing, offices — are typically quoted and bound the same business day once sum insured is confirmed. Higher-hazard premises may need a short risk survey first.
Yes — multi-location schedules are common for retail chains and distributors, with sums insured allocated per site.
Five minutes to share your details. A rated Fire & Special Perils schedule back the same day.