Property Insurance



We don't only insure, we protect.
With JIC's Property Insurance, you can protect your assets from misfortunate incidents as well as resulting liability towards third parties.

Guaranteed Coverage

Fire and Lightening Insurance:

Covering material damage to insured property resulting from a fire.


Extended Coverages

You can extend the coverage of your fire policy to include the following coverage:

  • Storm, tempest and flood
  • Water damage due to bursting or overflowing of water tanks, apparatus or pipes
  • Lightening
  • Earthquake
  • Strikes, Riots, Civil Commotions (SRCC)
  • Malicious damage following SRCC
  • Impact damage from third-party vehicles
  • Standard explosion
  • Aircraft
  • Business Interruption (LOP) - coverage pays for loss of net profit and fixed expenses
  • Burglary Insurance - covering loss of insured property following theft by forcible entry-Exist

Householder's Policy:

This policy is one of the most popular forms of insurance today. It protects your house building and contents from unpredicatable events. In addition to the perils covered by fire insurance this policy covers the household goods and personal items as well.


Benefits of Homeowners Insurance:
  • Necessary repairs - pays for temporary repairs to prevent further damage after a loss
  • Removal of debris - covers the property for any direct loss because it is endangered by a covered peril (optional)
  • Liability toward neighbour

Property All-Risk Policy:

This policy is suitable for large, commercial and industrial risks, it provides you with a broader coverage than fire insurance and allied perils, and it covers accidental loss or damage to your insured property. The scope of coverage is limited by a set of exclusions. Some of the important exclusions are:

  • Contamination, pollution, wear and tear, corrosion
  • Mechanical breakdown
  • Difficitive design as the deterioration of property due to change in temperature or humidity, or inadequate cooling or heating system
  • Property in course of construction or manufacturing.

This coverage can be extended to include loss of income following an interruption of business activity due to damage of property by a peril not specifically excluded under the policy.