The aviation department provides following insurance services to the aviation industry of Pakistan:

AIRCRAFT HULL INSURANCE

It covers the aircraft itself for accidental damage or loss from whatsoever cause operating anywhere in the world subject to certain terms and conditions.
 
 
 
 
Under the directives of Federal Government, Crop Loan Insurance has been launched from Rabi season 2008-2009.
Premium of subsistence farmers for five major crops i.e. Wheat, Cotton, Sugarcane, Rice and Maze will be reimbursed by the Government.
NICL has developed comprehensive Agri-Loan Insurance schemes for production, development and livestock loans.
 
 
CONSTRUCTION /ERECTION PHASE INSURANCE

CONTRACTORS ALL RISKS (CAR) INSURANCE
The basic concept is to offer comprehensive and adequate protection against loss or damage in respect of the contract works, construction plant and equipment and/or construction machinery, as well as against third party claims in respect of property damage and/or bodily injury arising in connection with the execution of construction project.
 
FIRE AND ALLIED PERILS INSURANCE
This is the most important and basic form of insurance and is essential for all types of business concerns. Fire and Allied Perils Insurance provides comprehensive cover in respect of loss or damage to your property against fire and lightning, riot and strike damage, atmospheric disturbance, earthquake fire and shock explosion, impact damage, aircraft damage, malicious damage (such as act of terrorism).
 
 
MARINE CARGO INSURANCE

Marine cargo insurance protects all goods while in transit depending upon the needs of a client, as per Marine Institute Cargo clauses whether cargo shipped by sea, air or by land, as well as General Average when declared.
 
 
 
 
 
SHIP OWNERS & REPAIRERS LEGAL LIABILITY

This cover is available for ships of all kinds, barges, tugs, dredgers, fishing trawlers, yatch, pleasure boats, speed boats etc. including vessels for last breakup voyages to world over under its/own power.
 
 
 
 
 
 
CASH IN TRANSIT INSURANCE
This policy provides coverage against loss of money whilst in transit due to forcible, violent, external and visible means.

CASH/IN SAFE, (BURGLARY COVER)
This policy provides coverage to cash whilst on premises against loss by theft arising due to actual forcible and violent entry upon the premises.
 
 
This policy is also exclusively for the use of public sector.

MOTOR CAR/COMMERCIAL VEHICLES/MOTORCYCLE INSURANCE

This policy provides coverage against accidental damage, fire, burglary, theft, malicious damage, riot & strike damage, damage due to natural calamities and third party liability arising due to Road Traffic Act or at Common Law and while in transit by road.
 
Why Buy the All Risks cover?

Traveling is fun and exciting, but sometimes nannounced events can mar your pleasure. Any unfortunate act including terrorism can strike without warning resulting in hospitalization, disability and even death. We at NICL are ready to provide you security on such events so that you can spend the time with peace of mind.