LIVESTOCK INSURANCE

Saturday, August 29, 2009

Introducing Adamjee Livestock Insurance Adamjee Insurance has remained the symbol of reliability for decades. Pakistan has an agrarian economy and its agricultural sector contributes about 22% to its GDP with livestock component being more than 50%. To meet the growing needs of our farmers and to serve the social responsibility owed to us, Adamjee Insurance Company is proud to introduce Livestock Insurance. It will be another value-added proposition to our product line, directed to satisfy the needs of our prestigious clientele. Coverage & Benefits: The core emphasis of Adamjee Livestock Insurance is to provide peace of mind to our customers & secure their necessities related to livestock. The policy highlights include; Death coverage of cattle due to natural causes, disease, injury, or accident. Specialized doctors are assigned the task of providing the farmers with up-to date farming procedures and practices. Policies can be customized depending upon your specific needs. Exclusions: Death of animal due to gun firing, parasitic action, poisoning, riot, war, or through ionizing radiations is not covered. Casualty with respect to government orders, or epizootic illness. Death due to change of location, unless carried out with prior notice. Partial or total disability of animal. Theft or mysterious disappearance of animal. Conditions: Veterinary certificate is required at the time of issuance of policy. Reasonable measures of safety & well being of livestock shall be taken care of by the insured.

Machinery Insurance Policy

This insurance covers industrial machinery like compressors, pumps & turbines. It also insures electrical machines like transformer, electrical motor, generator, Building and Stocks. Any loss on the gross profit of the insured due to machinery breakdown can also be covered under this policy.
Intended Users:
	Factories
	Workshop owners
	Industries
	Home owners
Coverage:
This policy covers whilst on the premises mentioned therein you suffer any unforeseen and sudden physical loss or damage from causes such as defects in:
Casting and material. Faulty design. Faults at workshop or in erection. Bad workmanship. Lack of skill. Carelessness. Shortage of water in boilers. Physical explosion. Tearing apart on account of centrifugal force. Short-circuit. Storm.
EXCLUSIONS:
This policy does not cover the following loss and damages to:
An exchangeable tool e.g. dyes, moulds, chains, bearings, engraved cylinders. Parts which by their use and/or nature suffer a high rate of wear & tear or depreciation, e.g. belts, ropes, wire, crushing hammers, objects made of glass & rubber. Lubricants e.g. fuels, catalysts, refrigerant liquids, gases, solids, and semi solids. Fire. Direct lightning. Chemical explosion (except flue gas explosion in boilers). Aircraft or other aerial devices or articles dropped there from. Theft, burglary or attempted threat. Collapse of buildings, floods, inundation, earthquakes, subsidence, landslides, avalanche, hurricanes, cyclones, volcanic eruptions. Loss or damages for which a supplier, contractor, or repairer is responsible either by law or under contract. Willful act or gross negligence of the insured. Direct consequence of the continual influence of operation (e.g. wear and tear, cavitations, erosion, corrosion, rust, boiler scale). Machinery breakdown. Some other insurance policies can be issued under this policy:
Machinery Breakdown Insurance: This insurance policy covers the machinery breakdown, foundation of machinery and also covers the extra charges e.g. freight, night work, work on public holidays in case of loss (if it is stated in the schedule). Machinery Losses of Profit Insurance: This insurance policy covers the loss of profit of the insured due to the damage or loss of machinery that is covered in the machinery insurance policy. Loss of Contents Insurance: This insurance policy covers the loss of contents that is used in the machinery or kept in store of the assured due to the damage or loss of machinery that is covered in the machinery insurance policy. Deterioration of Stock in Cold Storage Insurance: This insurance policy covers the losses or deterioration of contents that are stored in the cold storage of the assured due to the damage or loss of machinery which is covered in the machinery insurance policy.

Fire and Allied Perils

Intended Users:
	Bankers
	Offices
	Factories
	Godowns
	Hospitals
	Home owners
	Shop owners
Coverage:
Riot and Strike Damage. Malicious Damage. Aircraft Damage. Explosion. Impact Damage. Atmospheric Disturbance (not applicable for Goods in open area). Earthquake (fire and shock). Burglary (not applicable for Goods in open area).
Exclusions:
This insurance policy does not cover the following conditions:
Loss or damage in consequence of the burning of property by order of any public authority. Loss by theft during or after the occurrence of fire. Loss or damage caused by ionizing radiations or by radioactivity from any nuclear fuel. Loss or damage due to the pollution or contamination except stated in the policy. Loss or damage through the burning of forests, bush or jungle and clearing of lands by fire. Loss or damage due to the nuclear weapons material. This insurance Policy does not cover any loss, which is covered in any other policy.

Health Insurance

WHY HEALTH INSURANCE?

In today's world of competitiveness, a healthy workforce is essential for optimum organizational performance. The costs associated in managing a health care system have been rising at an alarming scale; on the other hand the importance of timely service in providing health care facilities to employees has also been an area of concern for corporations. Adamjee’s comprehensive product helps you achieve your targets in the most efficient and beneficial manner.

WHY CHOOSE ADAMJEE?

Our Health Insurance Plan serves as a one window solution which means better outcomes for employees and simplified administration for you. Our comprehensive health insurance solutions are designed to cater to specific health needs of your employees along with an emphasis on managing health related costs efficiently.

BENEFITS COVERED

Extended Medical Cover Facility
While basic hospital, medical and surgical policies stop paying benefits when certain limits are reached, our Extended Medical Cover continues to provide additional protection against the increasingly high costs of serious or continuing illnesses and injuries. Our comprehensive cover comprises of the basic ‘In-patient Medical Cover’ and ‘Extended Medical Cover’ into one policy. These comprehensive policies provide broader coverage than basic policies and are adequate to cover losses in the event of a catastrophic illness or injury.

Maternity Cover
We offer maternity benefits for hospitalisation relating to pregnancy. The maternity benefits are available from day one of the policy cover and include:

• Hospital room charges
• Miscellaneous hospital services and supplies
• Labour room or operation theatre charges
• Doctor's fees for delivery and subsequent visits
• Nursery care for the baby

Dread Disease Cover
Our coverage goes to the extent of covering major illnesses and fatal diseases which are included in our Dread Disease Cover being offered only by Adamjee. This cover includes the following diseases:

• Myocardial Infarction (Heart attack)
• Coronary artery disease requiring surgery – Angiography & Angioplasty
• Stroke – Any cerebro-vascular accident including infarction of brain tissue, haemorrhage and embolisation from an extra-cranial source
• Cancer
• AIDS
• Major Organ Transplantation
• Multiple Sclerosis
• Hepatitis B & C
• Severe Burns

Out Patient Treatment Cover
The Out-patient medical treatment cover is valid for reasonable and customary charges for all necessary medical treatments and services provided by or on the order of a licensed physician.

Panel Hospitals and Medical Personnel
We have a wide coverage of hospitals and day-patient units all over UAE, which make us more accessible, especially during emergencies. All the hospitals have been assessed by our quality assessment team, ensuring that they provide health care services which are up to your desired standards. Not only do we choose hospitals that offer exceptional safety standards and outstanding expertise, we also consider their efforts towards continuous improvements in technology and training of staff.

Marine Insurance

Company provides coverage for all types of shipments sent by Sea, Air of by Road/Rail. Our marine insurance products also cater to the modern needs of business such as traders, shipping agents, terminal operators, stevedores, courier services, bonded carries, transporters. We also provide coverage to ship owners, managers and operators against various risks.



Cargo Insurance


Our marine cargo insurances cover different risks depending upon the type of coverage sought by our customers. We provide all risks coverage as well as policies covering limited risks depending upon the needs of our customers. However all types of Insurance available cover the risks of General average, Salvage and Salvage Charges. Extended coverage of War & SRCC may also be obtained upon requirement.