Our Products | Corporate Insurance

Commercial Lines

These are insurance covers that are suitable for business, from small medium enterprises to large companies. Each policy is crafted in a way that will suit the needs of each organization irrespective of which industry or sector it falls within.

Agriculture Insurance
Bonds & Guarantees
Commercial Insurance
Engineering Insurance

Lidwala’s innovative agriculture cover that covers these various industries in the agriculture industry

Crop Insurance

  • Crop insurance is purchased by agricultural producers, to protect against either the loss of their crops due to natural disasters, such as hail, drought, and floods.
  • Basis of indemnity is limited to production costs

Livestock Cover

  • Livestock insurance covers against losses to animals. While these policies are usually meant for standard farm animals like horses, poultry, and cattle
  • These policies pay to replace livestock that dies, has to be put down, or is stolen.
  • Basis of indemnity is Market value of insured animal at the time of the loss maximum sum insured.

Broiler Cover

  • A broiler is any chicken that is bred and raised specifically for meat production
  • Cover insures broilers against any loss of life due to Storm, Fire, Lightning, Non- Political Riot &Strike, Diseases (excluding Pandemics), Theft, Accidental Death, Snakebites, Electrocution.
  • Basis of indemnity based on the Value at the time of the loss on a sliding scale based on the age of the broilers.

Layer Cover

  • Layer poultry farming means raising egg laying poultry birds for the purpose of commercial egg production
  • Cover insures broilers against any loss of life due to Storm, Fire, Lightning, Non- Political Riot &Strike, Diseases (excluding Pandemics), Theft, Accidental Death, Snakebites, Electrocution.
  • Basis of indemnity based on the Value at the time of the loss on a sliding scale based on the age of the layers.

Advance Payment Bond

A guarantee given when money is paid before goods or services are supplied. For example, if the client agrees to make an advance payment (sometimes referred to as a down payment) to a supplier, a bond may be required to secure the payment against default by the contractor.

Bid Bond

A legal agreement that ensures contractors fulfill their stated obligations on a project. This form of assurance provides both financial and legal recourse to the owner of the project. Bid bonds are usually submitted in conjunction with the project’s contract.

Customs Excise Bond

  • Customs and excise bonds guarantee that either taxes or duties or both will be paid by the principal when invoiced by the government.
  • These bonds also ensure that companies comply with all legal and tax acts and requirements related to their business.

Performance Bond

A performance bond is a bond that guarantees that the bonded contractor will perform its obligations under the contract in accordance with the contract’s terms and conditions. Performance bonds are typically in the amount of 50% of the contract amount, but can also be issued for 100% of the contract amount.

Retention Bond

A type of Performance Bond that protects the client after the completion of the contract. This provides a guarantee that the contractor (the Principal) will fix any issues after the job/project has finished (even after full payment has been made).

Assets All Risk

Assets All Risk Insurance is a policy with an extensive scope of cover, with the objective to insure all of a company’s assets. This type of corporate business insurance is designed to insure all business assets in one policy document, specifically tailored to the needs of the client.

Commercial Crime

Commercial crime insurance provides protection from financial losses related to business-related crime, including theft by employees, forgery, robbery, and electronic crime


  • The Multimark policy has many classes of insurance combined into one policy. These classes include:
    • Fire Section
    • Buildings Combined Section
    • Office Contents Section
    • Business Interruption Section
    • Accounting Records Section
    • Theft Section
    • Money Section
    • Glass Section
    • Fidelity Section
    • Goods In Transit Section
    • Business All Risks Section
    • Accidental Damage Section
    • Public Liability (Claims made Basis)
    • Public Liability Section (Occurrence Basis)
    • Employers’ Liability Section
    • Stated Benefits
    • Group Personal Accident Section
    • Electronic Equipment Section

Contractors All Risk (CAR)

An insurance policy specially designed for builders and a number of other construction trades. Contractors All Risks Insurance includes cover for contract works such as damage to the project being worked on, own plant, hired-in plant and employee’s tools.

Civil Engineering

Provides coverage against losses or damages to civil engineering structures after their completion such as highways, roads, bridges, tunnels, dams etc. The coverage is only granted for material damage to the structures insured and only repair costs are indemnifiable

Electronic Equipment

A policy designed to provide coverage for computers and other electronic equipment and it applies whether the insured items are at work or at rest or being dismantled for the purpose of cleaning, overhauling or of being shifted within the premises, or in the course of the aforesaid operations themselves, or during subsequent re-erection, but in any case only after successful commissioning. The policy can also be extended to cover the external data media such as tapes and disks.

Erection All Risk

Designed to cover engineering projects involving erection, installation, testing and commissioning of electrical or mechanical equipment. Damage to Third party property and/or bodily injury arising in connection with the erection work.
Machinery Breakdown
This is intended to provide the company or industry with an accident insurance for machines, covering damages that may happen suddenly and unexpectedly, causing losses of relative importance and making necessary the repair or replacement for the normal course of business.

Plant All Risk

Plant all risk insurance covers you for the loss of, and damage to, plant and equipment, whether you own it or it’s hired-in. Public liability for plant all risk covers losses and damages caused by your insured plant all risk items, whether you own them, or whether they’re hired-in or -out.