RAIP Unique Products

Regency Property Protection Scheme

This Scheme is designed to protect you against unforeseen that are capable of rendering you homeless. RRPS provides full cover for loss, destruction and damage resulting from;

  • Fire
  • Burglary
  • Lightening
  • Explosion
  • Flood
  • Storm
  • Malicious Damage
  • Impact by any Road Vehicle
  • Riot, Strike and Civil Commotion

Regency TopHat Scheme

This scheme is a comprehensive package, designed specifically for high profile individuals with busy schedules who require reliable and professional relationship officers to tidy up their personal insurances at affordable prices. The package provides cover for:

1.Household/Goods and Personal Effects

2.Personal Accident

3.Travel Risk Exposures

Breakdown of Covers:

Householders Cover: Provides financial compensation to the insured if he suffers household lose as a result of

  • Fire
  • Theft
  • Accidental bodily injury and/or death to the insured resulting from fire or theft

Personal Accident Cover: Provides financial compensation to the insured person [or representative] on the event of death, permanent disability and medical expenses resulting from accident.

Travel Insurance Cover: This cover provides financial relief for loss of check in baggage, loss of passport and documents, personal effects and

Regency TravelGuardPlus

TravelGuardplus is an international travel insurance policy which provides cover for overseas travel against travel risk contingencies. The policy gives full cover against a wide range of risk exposures during foreign trips and it comes in three different plans:

  • The Travel Protect plan
  • The Student plan
  • Pilgrimage Plan.

Each of these plans has different benefits which at the minimum meets the requirement of insurance cover for visa application to European countries.

Features & Benefits of TravelGuardplus

  • Cost Effectiveness.
  • Accepted by foreign embassies as a requirement for issuance of Entry visa
  • Prompt response in case of medical emergency
  • Supported by an A rated global insurer with the largest assistance network in the world with over 31,000 international points of service spread across over 30 countries and more than 2,000 multilingual operators.
  • Prompt settlement of claims
  • Wide acceptance by hospitals
  • Discounts for Group packages under the Pilgrimage; Students or other group travels
  • Beyond the requirement for visa application, it also provide cover for other travel related contingencies like Loss of Baggage, Travel delays etc

Regency Accident Benefit Scheme

Group Personal Accident cover specifically designed for group of people, professional association, club, society, Religious organization and schools. The policy is designed to provide compensation to the insured family [or representatives] following an accident that result into

  • Death
  • Permanent Disability
  • Medical Expenses
  • Funeral Expenses

SCHEDULE OF BENEFITS

BENEFITS OPTION A OPTION B OPTION C
Death 250,000 500,000 750,000
Permanent Disability 250,000 500,000 750,000
Medical Expense 50,000 75,000 100,000
Funeral Expenses 25,000 50,000 75,000
Annual Premium 5,000 7,500 10,000

BASIC FEATURES 

  • Covers all forms of accidental death or bodily injury
  • Affordable premium
  • 24 hours cover
  • Worldwide cover
  • 5% No claim bonus

Regency AutoClassic Plan

This is a Hybrid policy, combining Third Party cover and Comprehensive Motor Insurance polices. It covers Third Party Liability with own damage to insured vehicle to specified limit.

BASIC FEATURES

  • Budget friendly
  • Can be purchased and verified online
  • Not applicable to commercial vehicles
  • Policy Excess 10,000 or 10%, whichever is higher
  • Inspection before cover

Regency ATA JERE

This policy covers the accidental loss of or damage to stock of goods by fire, lightning and explosion while in the insured shop, located at the address specified on the policy slip.

BASIC FEATURES

  • Flexibility of premium payment by subscription through market/trade associations
  • Free risk management advisory services
  • Zero policy excess
  • Available to only registered members of the market association
  • Individual certificate of Insurance issued as part of membership requirement
  • No Individual risk underwriting restrictions
  • Monthly/quarterly returns of membership list and subscription
  • Seamless claim process
  • Prompt claim settlement

Regency Family Protection Plan

The Regency Family Protection Plan is a Group Personal Accident cover designed for the family. The policy is designed to provide compensation to the insured family [or representatives] following an accident that result into Death, Permanent Disability, Temporary Total Disability, Medical Expenses and Funeral Expenses.

The cover provided is on 24 hour basis and operates anywhere in the world.

SCHEDULE OF BENEFITS FATHER MOTHER CHILD(REN)
Death 300,000 300,000 100,000
Permanent disability 300,000 300,000 100,000
Medical expenses 50,000 50,000 25,000
Funeral expenses 50,000 50,000 25,00
Premium 3,500 3,500 1,500 per child

Basic Features 

  • Covers all forms of accidental death or bodily injury
  • Affordable premium
  • 24 hours cover
  • Worldwide cover