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Our Services
INSURANCE BROKERAGE SERVICES

Our job is to provide tailor-made Insurance Policies to cover your Assets, Personnel and Liabilities by negotiating with your Insurers  reasonable rates, flexible terms and conditions, favourable discounts to enable your organization pay as low as possible for the best cover available.
Mutual Alliance Insurance Brokers will:
• Install the right Insurance Scheme for you in order to meet the specific requirements of your business, staff and assets.
• Identify your specific risk exposures and package products that will meet them as against the use of off - the - shelf products for every customer.
• Secure the widest cover possible, maximum discounts available and provide other benefits that are generally not offered.
• Train the relevant schedule officers of each department of your Organisation on basic knowledge of Insurance business, to protect the interest of the company at all times.
• Train your retiring staff on “Retirement Fund Management” as a parting gift to ensure that their Terminal Benefits are not squandered.

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GENERAL INSURANCE NEEDS

Below are some of the Insurance products, which you may need in your organization and if they are already in existence, we can create improvement in areas of premium audit and cover enhancement, amongst others:

1  Fire and Special Perils Insurance 
2  Burglary/Theft Insurance Cover.
3  Contractors All Risks Insurance Cover (Construction work).
4  Bonds (Performance, Advance Payment, etc.).
5  Group Personal Accident Insurance Cover (Staff and Family).
6  Motor Insurance (Business/Personal/Staff vehicles).
7  Workmen’s Compensation (Statutory)
8  Plant All Risk Insurance Cover (Generators, Machinery &  Equipment).
9  Householder/House Owner Comprehensive Insurance Cover (Building and Contents).
10 Marine Hull Insurance.
11 Aviation Hull Insurance.
12 Marine Cargo Insurance
13 Goods-In-Transit.
14 Group Life (Death-In-Service) Insurance and Pensions (Statutory)
15 Cash-In-Transit Insurance.
16 Consequential Loss of Profit Insurance.
17 Fidelity Guarantee Insurance for staff in charge of cash and stock.
18 All Risk Insurance Cover for GSM Handsets, Laptops Survey and Laboratory Equipment and Jewellery, etc.

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CLAIMS SERVICE

We believe that the test of any insurance arrangement is in processing claims to a satisfactory conclusion for our clients. If legitimate claims are not honoured when they arise, then there would be no justification for insurance. We vigorously process and pursue claims on behalf of our clients.

Mutual Alliance Insurance Brokers Limited is noted for prompt claims settlement through regular visits to the clients for documentation and Insurers for their settlement.

 

LEGAL AND SOCIAL RESPONSIBILITIES
We are duly registered by the relevant regulatory authorities, The National Insurance commission (NAICOM) and The Nigerian Council of Registered Insurance Brokers (NCRIB).

We are also favourably disposed to meeting obligations in the area of corporate social responsibilities.

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3RD PARTY

We Offer 3rd party certificate for private motors and Commercial vehicles . The method of operation is for clients to supply details about their vehicle to us while we prepare the 3rd party certificate with respect to the supplied information. We charge for Private Motors and Commercial Vehicles third party insurance certificate however the charges differs

The 3rd party certificate for private motors or vehicles attract a flat rate of N5000 NGN

The certificate will be delivered to our client by hand if within Lagos State Nigeria and collect the certificate fees on handing over the certificate to them . However any of our client(s) that lived outside Lagos state Nigeria Can also have their certificates sent to then but it attracts extra charges for transporting it down to their offices or homes.

If you live outside Lagos State Nigeria PAY TO THE ACCOUNT INDICATED

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COMMERCIAL VEHICLE

The 3rd party certificate for Commercial vehicles attract a flat rate of charges depending on the category the vehicle belongs. The 3rd party certificate for Commercial Vehicle are divided into categories

Category A N7,500 NGN
Buses
Hilux
Pickup Trucks
School Buses


Category B N10,000 NGN
Tankers
Container Carriers
Trailers
Double Load Tipper

 

The certificate will be delivered to our client by hand if within Lagos State Nigeria and collect the certificate fees on handing over the certificate to them. Hoever any of our client(s) that lived outside Lagos state Nigeria Can also have their certificates sent to then but it attracts exra charges for transporting it down to their offices or homes.

If you live outside Lagos State Nigeria PAY TO THE ACCOUNT INDICATED

 

To create and maintain the highest standard of Professional Insurance Broking for the satisfaction of all our stakeholders.

The 3rd party certificate for Commercial vehicles attract a flat rate of charges depending on the category the vehicle belongs.

The 3rd party certificate for Commercial Vehicle are divided into categories


Category A N7,500 NGN
Buses
Hilux
Pickup Trucks
School Buses


Category B N10,000 NGN
Tankers
Container Carriers
Trailers
Double Load Tipper


The certificate will be delivered to our client by hand if within Lagos State Nigeria and collect the certificate fees on handing over the certificate to them . Hoever any of our client(s) that lived outside Lagos state Nigeria Can also have their certificates sent to then but it attracts exra charges for transporting it down to their offices or homes. If you live outside Lagos State Nigeria PAY TO THE ACCOUNT INDICATED

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FIRE AND EXTRANEOUS PERILS:

This policy provides indemnity for loss or damage as a result of fire, lightning and explosion of boilers used for domestic purposes, and not forming part of any gas work.

This cover is taken out on virtually all the property /assets of the company that may conceivably be destroyed by fire and extraneous perils. These assets are usually grouped under the following heads.

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BURGLARY AND HOUSEBREAKING:
This policy provides indemnity for loss or damage by actual forcible and violent entry into or out of the premises or any attempt thereat.

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COMPREHENSIVE HOUSEHOLDERS'/HOUSEOWNERS' POLICY:
This policy provides indemnity for loss of or damage to the insured Building, Contents etc caused by Fire, Lightning, Explosion of Gas/Boilers, Flood, Storm, Theft etc. The policy covers various sections such as Building, Contents, All Risks on moveable items such as Jewelleries, Computer Laptops, Mobile Phones, etc.

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FIDELITY GUARANTEE:
This policy provides indemnity for the insured against all direct pecuniary loss sustained by any act of fraud or dishonesty committed by any of the insured employees in connection with the employees occupation during the period of guarantee and discovered during the currency of the policy or within twelve months of its expiry or termination of employment, whichever shall first happen.

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COMBINED WORKMEN'S COMPENSATION/GROUP PERSONAL ACCIDENT:
This policy provides compensation to employees for death or bodily injury by accident or disease arising out of, and in the course of employment during and after working hours. It also caters for medical expenses incurred as a result of injury sustained by your employee.

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GOODS- IN- TRANSIT INSURANCE:
This policy provides indemnity for loss or Damage to the property insured whilst in transit.

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BONDS:
Simply put are instruments offering guarantee that one party will execute appropriately, the contract awarded by another. There are various types: Performance Bond, Advance Payment Bond, Credit Bond, Counter Indemnity and Bid Bond.

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CONTRACTORS ALL RISK:
This is a summary of the risk to which a contractor is exposed in the cause of executing a contract at a site. Some of this includes damage to Pilferage of Equipments/Materials, Injury to staff and Liability to third party.

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PLANT ALL RISKS:
This policy provides indemnity for loss or damage by any accident or misfortune to insured plants and machinery, including while in transit.

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MOTOR INSURANCE:
There are three relevant covers under this heading:
(i) Comprehensive
(ii) Third Party Fire and Theft
(iii) Third Party Only.

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GROUP LIFE/PENSIONS:
The Group Life also known as Death-in-service provides compensation for the deceased's dependant, while the Pension scheme assists individuals to save for their retirement and also to ensure that every worker receives their retirement benefits as and when due.

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HEALTH INSURANCE:
This is made possible through our partnering with a number of industry leaders in Managed Health Care which allows you access to qualitative medical attention at all times. Three levels of health plans are available, in most cases, from which you can make a choice, or, a combination, depending on your needs and resources available.

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MARINE INSURANCE:
This policy provides indemnity for loss or damage to the insured hull or cargo and could be further divided to as stated below:
(i) Marine Hull Insurance Policy
(ii) Marine Cargo Insurance Policy

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EDUCATION PROTECTION ASSURANCE:

This guarantees continuous education of a child in the event that the Parents/Guardians are involved in any of the occurrences hereunder identified:
i. Death
ii. Permanent Disability
iii. Loss of Job/Income

Any of the events listed above may hinder the financial capacity of the Parents/Guardian hence, the need for the Education Protection Assurance.

Duration of Cover
Maximum of six (6) years

Requirements:
- Name of the Pupils/Students whose continuous education is to be protected
- Total school fees payable by the Pupils/Students during the policy period
We will be available, at the shortest notice, for a presentation.

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