Commercial property insurance

Commercial property insurance covers the insured's property against loss or damage caused by fire and allied perils.

What is Commercial Property Insurance

Commercial property insurance, alternatively known as Fire and Allied Perils insurance – protects your company’s physical assets from fire, explosions, burst pipes, storms, theft, vandalism, earthquakes and floods.

What’s covered

Commercial property insurance covers your building, everything in it and just outside of it, including:

  • Computers
  • Furniture and equipment
  • Exterior signs
  • Fence and landscaping
  • Important documents
  • Inventory
  • Others’ property

What’s not covered

This policy does not provide coverage for:

  • Accounts, Bills, Currency (and similar property), animals, automobiles held for sale, bridges, roadways, walk, patios or other paved surface, contraband, property being transported by air or over waterways, land, crops, underground property, most vehicles, expenses related to replacing company records and other property.
  • Acts of war are not covered under most commercial properties.
  • Damage by vehicles owned by the insured

What’s optional

Choose optional add-ons at an additional cost to create cover that suits you.

  • Political Violence and Terrorism: Cover against political violence and terrorism
  • Business Interruption: Any expenses incurred or revenue lost as a result of a claim, such as rental income.
  • Money: Cover can be extended to cover cash in transit, or cash on site
  • Accident of Employees: It covers the employees of the organisation against bodily injury, which may result in disability or death
  • Plate Glass: Covers accidental breakage of fixed plate glass
  • Fidelity Guarantee: Covers loss of money or goods which happened due to fraud or dishonesty of employees.

Goldstar claim process

No matter what your worry is, we’re here to help
explain the process, assess your claim fairly
and minimize the disruption to you with a transparent claims process.
Claim process

How to make a claim

We have a number of options to help you make a 
claim quickly and effectively. Contact our dedicated claims team for advice on
an incident/claim.
Read more

Why choose us ?

Goldstar Insurance was IFM’s Best Insurance
Company in Uganda (2015) and has over
 the years consistently maintained a Global A+ Credit Rating
Read more

Other types of insurance cover

All Risks Insurance

The widest cover for properties against loss or damage caused by any accident or misfortune ………….

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Buglary Insurance

Provides compensation when a property suffers loss caused by theft when accompanied by forcible breaking into.

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Electronic Equipment Insurance

Cover your property against loss or damage caused by any accident or misfortune

Read More

2016 Global Business Outlook Award

Best insurance company in Uganda

2015 International Finance Magazine Award

Best insurance company in Uganda

A+ Global Credit Rating Co

Your expert local insurance partner

Easy Claim

Easy claim procedures with no hassle

Save Your Money

Host of discounts – No claim bonus, Discount for Automobile

Instant Online Policy

Host of discounts – No claim bonus, Discount for Automobile.



How do I cover items that I take away from the home?
What is accidental damage cover?
Are items in my garage or shed covered?
I live in rental accommodation. Do I still need insurance?
What is an excess?


  • Ensure you declare a list of items to be insured under contents insurance including serial numbers, model, make and have the correct sum insured
  • Always keep valuables safely and locked out of site to protect against the risk of theft