BlackGold Insurance Brokers offers the following business insurance packages: Property or asset Property or asset insurance covers a business' physical assets including buildings and the contents inside against unforeseen circumstances such as fire, storms and theft. This policy also covers loss of income or increases in expenditures that result from property damage. Motor insurance BlackGold Insurance Brokers provides cover for a single car or a fleet of vehicles, insuring businesses against accidents, damage or theft. The company also offers coverage for the liability when motor vehicles are involved in an accident. Both comprehensive and third-party policies are available. Liability insurance Business liability insurance provides cover for businesses and employees from claims involving bodily injury or property damage. This policy shields businesses from:
- Claims of bodily injury or property damages resulting from accidents on a business' premises or from their products.
- Damages filed against a business when suing or being sued. This policy covers a business' investigation and attorney costs, settlements and medical expenses in case of injury.
- Cover against unpredictable events such as advertising injury after violating someone's patent.
Agricultural insurance This policy is ideal for small and large scale farmers, and is designed to protect them against loss of their crops or livestock due to natural disasters and disease, as well as loss of income due to declines in the prices of agricultural commodities. Marine insurance BlackGold Insurance Brokers also has marine insurance services that are tailored to provide solutions for various types of risks. This policy covers the loss or damage of vessels, cargo, and terminals. Stock insurance BlackGold Insurance Brokers provides cover for stock and equipment against theft or damage. This policy is ideal for traders because loss or damage to stock ad equipment can harm a business' productivity and therefore damage. Plant and machinery insurance This is cover against loss or damage to a business' plant and machinery during operation or maintenance. BlackGold covers risks from fire, lightning and associated hazards, riots, strikes, malicious damage, transit risks, theft, burglary, collision, impact and collapse. This policy is ideal for machinery owners, contractors, banks and financial Institutions. Money insurance Cover for loss of money in transit between a client's premises, bank or any other specified place against robbery, theft or any other unexpected cause. Money insurance also covers against loss by burglary or housebreaking whilst cash is retained at a client's premises in a safe or strong room. Contractors all risk At any construction site, there is a risk of loss, damage or injury. The company's 'Contractors All Risk' insurance policy protects contractors and employers against these costs. The cover can be extended to include constructional plants as part of the policy. Performance bonds Mostly used in the construction industry, this policy covers a client against the risk of a contractor failing to fulfil contractual obligations. These bonds provide compensation by a third party up to the amount of the performance bond. This payment enables a client to handle the difficulties brought on by the failure of the contractor to complete a project and can also be used to find another contractor to complete the works. Group life assurance Offered by an employer, this policy covers a group of employees and is designed to help reduce the problem of adverse selection by creating a pool of employees eligible to purchase insurance, allowing protection for those individuals who might be worse than the average risk. Group life insurance can also offer life, health, and other types of personal insurance. Group funeral insurance The policy is designed to lessen funeral expenses incurred by employers or organisations in the event of death of their employees or members. Group funeral insurance covers the employee, spouse and up to four children or dependants. To access competitive group rates, an employer can, at his or her own expense, cover his or her parents and the parents of his or her spouse under this scheme. Other branch Unit one and two, Lyness house Freedom avenue park 793 Kitwe, Zambia
