"Are you insured...? if not then there is lot to worry about." ....
As the dawning of each new day brings different uncertainties, one needs to be more than prepared to handle the thorny patches in life. Premier has the stability and resources to shield you from the volatile risks in everyday life.
Reducing risk and managing insurance expenditure can only be achieved by obtaining quality service. Insurance is always only part of the answer. We believe that understanding the hazards of business life can lead to simple measures being taken that reduce risk and insurance costs. Only qualified and experienced professionals can provide the continuing help necessary to achieve long term benefits. Trust us to be always ready with the ideal solution that offers you risk coverage.
We are able to offer quality advice on all aspects of insurance risk management and claims payment. Following are some of the insurance covers we provide:
FIRE INSURANCE
There is hardly any material object which is not susceptible to fire in varying degree. Hence, any movable and immovable property e.g. building, furniture, fixture and fittings, households goods, machinery, equipment, stock etc. requires fire insurance protection. Fire policy covers fire, insurance protection. Fire policy covers fire, lightning, and There is hardly any material object which is not susceptible to fire in varying degree. Hence, any movable and explosion of domestic boilers/gas and can also be extended to cover riot & strike, malicious damage, storm & flood, earthquake, terrorism, electric short circuiting etc. Apply
LOSS OF PROFITS INSURANCE
Standard fire policy provides protection only against material loss i.e. loss/damage to properly insured. But fire causes more than material loss, which is loss of earnings, i.e., revenue/income during periods of interruption of business which necessarily follows damage by fire. Loss of profits insurance provides indemnity for such loss to make good net profit and standing charges.
COMPREHENSIVE HOUSEHOLD INSURANCE
This is an economical insurance scheme which covers the customer's residence including contents therein against the risk of fire and its allied perils and burglary/house break-ins. Additionally, this also covers personal accident of the insured or a nominated member. Apply
MARINE (CARGO) INSURANCE
Delay in Start Up (DSU) insurance can be arranged for protection against financial consequence of delay in commencement of operations caused by physical loss or damage during marine transportation. Apply
MOTOR INSURANCE
Every motorist runs the risk of incurring legal liability to pay compensation to third party for death, bodily injury, property damage arising out of use of vehicle, with further heavy loss of accidental damage to vehicle itself. This policy indemnifies vehicle owners against such contingencies. Private car, motorcycle, commercial vehicle owners can avail this insurance cover against comprehensive risks including third party personal injury and property damage and additionally riot & strike, earthquake, flood, personal accident to passengers, drivers etc. Apply
BURGLARY / HOUSEBREAKING INSURANCE
This is intended to cover loss/damage of stock/cash in safe by burglary/house breaking including damage to premises caused by burglars during such attempt. Burglary/house breaking stand for theft involving entry into/exit from insured premises by violent, forcible means, assault/threat to the insured/employee/members of family. Risk of theft can also be extended in specific cover. Apply
CASH IN TRANSIT INSURANCE
This cover is intended for banks, business houses, manufacturing organizations who deal in cash, periodically drawn from bank/other sources providing indemnity in respect of loss of such money carried by authorized employees whilst in actual transit from one place to another as specified in policy, i.e., from the time money is taken out from one place until delivered at other place(Money in transit by employees). Thus risks covered are robbery, accident or fortutous cause and riot/strike. Apply
FIDELITY GUARANTEE INSURANCE
This cover is intended to provide indemnity to employer insured for financial loss sustained as a result of forgery, embezzlement, larceny, fraudulent conversion of money and goods committed by salaried employees in course of performance of their duties. Apply
PERSONAL ACCIDENT INSURANCE
This insurance provides payment of compensation in the event of the insured sustaining death/disablement by bodily injury resulting solely/directly from accident caused by external violent and visible means. Individuals or groups including employees, students and professionals can be insured against death, permanent total/partial disablement, temporary total disablement(TTD). This cover can also be extended to include medical expenses incurred. Apply
HOSPITALIZATION/MEDICAL INSURANCE
Life is uncertain, you never know what will befall you tomorrow. This cover is dedicated to take care of the insured's expenses incurred during his treatment in hospital/nursing home due to some illness or accidental incurred during domiciliary treatment. Apply
OVERSEAS MEDICLAIM INSURANCE
This is a travel insurance policy which provides medical expenses for sudden and unexpected illness or accident whilst travelling outside the kingdom of Nepal. This insurance has policy limits and excesses. The policy limit is the maximum amount that insurers will pay for any loss and the excess is the first amount of each and every claim that the insured person is required to pay. Apply
PUBLIC LIABILITY INSURANCE
Negligence of worker or defect in premises resulting into third party personal injury and property damage can be covered. Apply
ENGINEERING INSURANCE
Engineering insurance are of various nature depending upon the nature of the risk exposure e.g. construction/erection/boiler and pressure plants/machinery breakdown/electric equipment/certain forms can be extended to cover third party liability. Combined cover is also available for marine-cum-erection/storage-cum-erection.
Loss of profits following machinery breakdown or boiler explosion is also available.
For construction phase risks,Advanced Loss of Profits (ALOP) is available to take care of financial consequences of delay in commencement of commercial operation caused by physical loss or damage to the contract works, including extra expenses to avoid or minimize a delay. Apply
WORKMEN COMPENSATION INSURANCE
This provides compensation to all workmen engaged in any particular work against injury in the course of and out of employment. This cover could also extended to cover medical expenses incurred. Apply
