Fortify your commercial and residential premises against intrusion, larceny, and structural damage. Nigeria’s premier underwriting shield — active 24/7.
Prestige Assurance Burglary Policy provides robust financial defense against unexpected loss or damage to business property, household goods, or warehouse stock. By securing your physical boundaries and asset valuations, we ensure that your operations recover rapidly from break-ins and attempted thefts.
For businesses with highly fluctuating inventory values (such as wholesale warehouses or retail outlets), Prestige Assurance offers a **Declaration Policy option**. Under this framework, you pay a provisional premium based on 75% of your maximum estimated contents value, with actual stock values declared monthly.
The insured is required to submit a signed statement declaring the maximum value of stock on their premises on a specific day of every calendar month.
At the end of the 12-month policy cycle, the monthly values are aggregated and averaged to compute the final actual sum insured.
If the actual average sum insured is less than the provisional premium baseline, a return premium is issued. If higher, an additional premium is billed.