MEDICAL PROFESSIONAL LIABILITY INSURANCE. This policy scope of covers as a result negligence, error or omission are;

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1 MEDICAL PROFESSIONAL LIABILITY INSURANCE Pursuant to the provision of the Nigerian Insurance Act of 2003, the Federal Government has made it statutorily compulsory for every registered professional within the Country to obtain and retain a Professional Indemnity Insurance Cover. This insurance Policy is put in place to indemnify the Insured {Hospital} and their personnel in respect of loss arising from any claim or claims made against them for breach of duty due to negligence, error or omission leading to death or injuries of patients. This policy scope of covers as a result negligence, error or omission are; Death Permanent Disability Partial Disability Injury by shock What is covered? BENEFICIARIES; - The Patient - And the relation of the patient who qualifies under the doctrine of Love and Care Equity Assurance Plc is offering to provide you this cover at a very considerate and pocketfriendly cost as stipulated in the schedule of compensation and premium payable below; SCHEDULE OF COMPENSATION & PREMIUM No of Beds Sum Insured Premiums 1 20 N10.0 million N50, N15.0 million N60, N40.0 million N120, N60.0 million N150, Above 500 N100.0 million N200, LIABLE PARTIES Chief Medical Director Medical Professional Medical Institution

2 BUILDERS LIABILITY INSURANCE The Insurance Act of 2003 makes insurance of building under construction compulsory for the owner or contractor. The objective is to provide security against the risk of bodily injury, death or property damage in the event of collapse of building under construction. Builders liability insurance provides cover against construction risk resulting in death of site workers; death of third parties; damage to site workers or third parties property. This policy period of cover; Construction period The liability of the company shall commence and expire on the dates specified in the schedule of the policy. Maintenance period The liability of the company shall also be extended during the maintenance period as specified in the schedule of the policy. Equity Assurance will indemnify the insured against all liability incurred as a result of; BUILDERS LIABILTY Death, bodily injury or illness of employees or workmen of the contractor or the principal. Accidental bodily injury or illness to third parties. Damage to any property or building caused by vibration or the removal of support. LEGAL COST AND EXPENSES All costs of expenses of litigation recovered by any claimant from the insured. All costs and expenses incurred with the written consent of the Company. PREMIUM COMPUTATION Estimate Contract Sum 5m 10m 20m 50m 100m Premium Payable N20, N35, N60, N125, N225,000.00

3 PUBLIC BUILDING INSURANCE FOR OFFICE BUILDING Equity public building insurance for Office Building provides for compensation in the events of bodily injury, death and property damage to tenant, third party amd members of the public arising from the above risks. A. N10, per Floor B. N5, per Plot

4 PUBLIC BUILDING INSURANCE FOR RESIDENTIAL BUILDING Equity public building insurance for Residential Building provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. A. N5, per Floor B. N5, per Plot

5 PUBLIC BUILDING INSURANCE FOR SCHOOLS Equity public building insurance for School Building provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. A. N5, per Block of Classroom B. N per Seat/Pupil/Student

6 PUBLIC BUILDING INSURANCE FOR RECREATION CENTRE & CLUB HOUSE Equity public building insurance for recreation centre and club house provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. A. N5, per Floor B. N7, per Plot of Land C. N Per seat {Cinema}

7 PUBLIC BUILDING INSURANCE FOR HOSPITAL AND HEALTH FACILITIES Equity public building insurance for hospital and health facilities provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. N1, per Bed

8 PUBLIC BUILDING INSURANCE FOR HOTELS Equity public building insurance for hotels provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. N1, Per Room

9 PUBLIC BUILDING INSURANCE FOR PETROL AND GAS STATION Equity public building insurance for petrol and gas station provides for compensation in the events of bodily injury, death and property damage to tenant, third party and members of the public arising from the above risks. N10, Per Pump

10 HOUSEOWNERS COMPREHENSIVE INSURANCE {LANDLORD} Equity House owners comprehensive insurance is apply to both building and the contents of private dwelling and has the following covers; fire & special perils, burglary/theft, public liability and personal accident. We can also provide extension in the policy to cover the following, temporary removed contents {items taken for repairs, cleaning etc.}, loss of rent due to loss of or damage to the building and also all risk cover on movable items. There are basically five {5} sections in the policy for comprehensive coverage; Building {boundary walls, fences, drainage system} Contents {household goods, personal effects, fixtures, fittings} Additional expenses Public liability Personal Accident {for death of the insured only} SCOPE OF BENEFITS/PREMIUM OPTION SUM PREMIUM BENEFITS INSURED BRONZE N2M N4, Fire & Special Perils - Burglary & Theft - Personal Accident N20, Public Liability N100, Rent Relief N60, SILVER N3M N6, Fire & Special Perils - Burglary & Theft - Personal Accident N25, Public Liability N100, Rent Relief N100, GOLD N5M N8, Fire & Special Perils - Burglary & Theft - Personal Accident N50, Public Liability N100, Rent Relief N2000,000.00

11 HOUSEHOLDERS COMPREHENSIVE INSURANCE {TENANTS} Equity householders comprehensive insurance is apply to both building and the contents of private dwelling and has the following covers; fire & special perils, burglary/theft and personal accident. We can also provide extension in the policy to cover the following, temporary removed contents {items taken for repairs, cleaning etc.}, loss of rent due to loss of or damage to the building and also all risk cover on movable items. There are basically three {3} sections in the policy for comprehensive coverage; Contents {household goods, personal effects, fixtures, fittings} Additional expenses Personal Accident {for death of the insured only} SCOPE OF BENEFITS/PREMIUM OPTION SUM PREMIUM BENEFITS INSURED BASIC N500, N4, Contents - Personal Accident N10, Rent Relief N25, STANDARD N501, M N7, Contents - Personal Accident N20, Rent Relief N60, TRIUMPH N1M N1.5M N10, Contents - Personal Accident N50, Rent Relief N100,000.00