Property Insurance

Plate Glass

 

Plate glass policy provides indemnity for all damage to insured glass, as well as the insured lettering and ornamentation thereon, caused by accidental breakage of the glass.

 

Scope of cover

  • it covers cost of making good accidental breakage of insured glass by any reason;
  • it provides protection for loss or damage to ornamental, embossed, lettered or stained plate or sheet glass;

Exclusions

Some of the basic exclusions are:

  1. damage caused by fire, explosion, gas and heat;
  2. cracked or imperfect glass and any superficial damage or scratching;
  3. cost of removal or replacement of any fittings or fixtures necessitated for replacing the broken glass;

An overview

Nyala Insurance Share Company (NISCO) was founded in July 1995 following the liberalization of the insurance business to the private sector in 1994 with the Licensing and Supervision of Insurance Business Proclamation No. 85/1994. Read more...

Investments

Apart from its major investments in real estates in the downtowns of Addis Ababa, Bahir Dar and Nazareth, Nyala Insurance selectively invests in various financial institutions like Dashen Bank, which have potentially high investment returns. Read more...

Contact us

Protection House, Mickey Leland Street

Tel: +251-11-6626679/80/76