WESTFIELD INSURANCE BROKERS LIMITED
UNLOCK THE POWER OF FINANCIAL PROTECTION
Westfield Insurance Brokers
Welcome to Westfield Insurance Brokers, a leading insurance broking company licensed by the National Insurance Commission (NAICOM). With our unwavering commitment to providing top-notch insurance broking services and comprehensive risk management solutions, we are here to safeguard your financial interest. We will recommend the appropriate risk financing option, including placing your insurance with leading and superior insurance companies.
Core Values
Comprehensive Insurance Solutions
We understand that each client has unique insurance needs, and our goal is to recommend and place the comprehensive insurance and solutions that address those needs effectively. We offer a wide range of insurance coverage across various classes, including but not limited to:
Whole Life Assurance
It covers the assured for the whole of his or her life. In as much as premium is paid as at when due, the sum assured is guaranteed to be paid to the dependents of the life assured.
Life Insurance
This cover depends on the requirement of the insured. It's paid out as either at death of life assured or after a set period.
Group Life Insurance
This is statutory under the Pension Reform Act 2014 for every organization with three or more employees. It ensures dependents of the employee receive death-in-service benefits to cushion their financial burden upon the demise of the breadwinner.
Health Insurance
It pays for medical and surgical expenses incurred by the insured. It can either reimburse the insured for expenses incurred from illness or injury or pay the care provider directly.
Fire and Special Peril Insurance
This policy covers fire, lightning, and
explosion. The schedule insurance include:
- Building situated at insured premises.
- Contents in Building situated at insured
premises.
- Plants and Equipment
- Generators at the premises
- Other Contents not specified
Burglary Insurance
This policy covers burglary/House breaking following forcible entry into and out from the building.
Goods-in-transit
This provides cover for loss, destruction or damage to your goods or those held in trust or on commission by you while in transit to any part of the country. The policy also covers damage of goods during loading and unloading, goods temporarily housed and goods in the course of transit.
Motor Insurance
Nigeria law mandates that every vehicle on the road must have at least a third-party motor insurance cover. It can also be comprehensively insured or third-party fire or theft cover. It is issued as part of public liability to protect the general public from any accident that may take place on the road.
Home Owners Insurance
It protects against damages to the house itself or the contents in the house. It also provides liability coverage against accidents on property.
Occupiers Liability Insurance
It concerns duty of care owed to those occupying a property through ownership or lease to the visitors or trespassers. It deals with liabilities that may arise via defective or dangerous condition of the premises.
Travel Insurance.
It covers the loss and reduces the risks associated with unexpected events during domestic or international travels
Personal/Group Accident Insurance
This cover is flexible and can be tailor-made to suit your requirements. This is why it can be taken up as personal or group cover. Whichever route you wish to take, it covers death, permanent or temporary disablement as well as medical, surgical, and hospital expenses incurred as a result of the accident.
Fidelity Guarantee Insurance
This policy insures your organization against the infidelity of your employees who are handling cash or any form of stock. Cover may be arranged to suit your peculiar operations.
Public Liability Insurance
This policy is designed to provide cover against legal liability, which you may incur from third parties in respect of death or bodily injuries or property damage arising out of the negligence of your company or your employees whilst engaged in the company's business.
Product Liability Insurance
It provides liability cover which will cover you against liabilities arising out of goods sold, supplied or manufactured.
Professional Indemnity Insurance
This cover is intended to indemnify the insured's legal liabilities for damages against professional negligence or misconduct. Claimants costs and other costs incurred with our written consent are also recoverable. It's designed for professionals such as Accountants, Lawyers, Doctors, Engineers, Brokers etc, who are engaged in professional practice.
Cyber Liability Insurance
It covers liability for data breach, in which a firm's personal information such as identifying details or credit card numbers is exposed or stolen by a hacker or other criminal elements who gain access to the firm's electronic network. It can be extended to cover costs resulting from re-writing the damaged program.
Marine Insurance
It covers loss or damage to the ships, cargo, terminal and any transport or cargo by which property is transferred or acquired or held between point of origin and destination.
Aviation Insurance
It covers against losses and claims arising from ownership and maintenance or use of aircraft, hangers or airports including damages to aircrafts, personal injury and property damage.
Erection All Risk
It covers losses arising from erection of structural steel work, erection of industrial equipment, construction of mechanical and electrical works, erection of complete plants and test run.
Money Insurance
This policy provides indemnity for loss or damage to money, which includes cash, bank or currency notes and cheques. This cover is arranged on an RISKS basis and operates
while money is in transit or in the securely locked safe or strong room or in the personal custody of some top management staff. This schedule may appear as follows:
- Limit per transit
- Estimated annual limit
- Limit of Cash in safe
- Value of safe
- Limit of Cash in personal custody etc.
Contractors All Risks
This provides comprehensive and adequate protection against loss or damage in respect of contract works, construction plant and equipment, and contractual machinery as well as for third-party liabilities in respect of property damage and bodily injury arising in connection with the execution of a project.
Plant All Risk Insurance
It covers fire, theft and accidental external damage to the insured plants or machinery excluding damage due to machinery breakdown.
Machinery breakdown Insurance
This insurance cover is in respect of unforeseen or sudden damage to any machinery described in the schedule while in operation or in test. It also provides cover when the machine is being dismantled for the purpose of cleaning, inspection or while the machine is being removed to another working position. It is a supplementary cover to fire insurance.
Directors/Officers Liability Insurance:
It is payable to Directors/Officers of a company or to the organization(s) itself as a re-imbursement for losses or advancement of defence cost in an event the insured suffers such a loss as a result of legal action brought for alleged wrongful acts in their capacity as Directors and Officers of an organization.
Workmen Compensation Insurance:
It provides wage replacement and medical benefits to employees injured in the course of employment in exchange for mandatory relinquishment of the employees' right to sue an employer for the tort of negligence.
Some of Our Clients
