Tenders Are Invited For Fire And Other Insurance Services For Fawe Rwanda House And Its Contents in Rwanda

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Tenders are invited for Fire and Other Insurance Services for FAWE Rwanda House and Its Contents. 2. Objective The objective of this assignment is to procure comprehensive fire insurance services and other insurance services for FAWE House and its contents, located in Kiyovu, covering the office buildings and their contents against loss or damage arising from fire and other insured perils. The insurance policy shall provide adequate financial protection, facilitate the prompt restoration or replacement of damaged assets, and ensure business continuity following an insured event. 3. Scope of Coverage The insurance policy shall, at a minimum, provide indemnity against the following risks and losses: Fire resulting from accidental or unforeseen causes. Lightning. Explosion (excluding causes specifically excluded under the policy terms and conditions). Smoke damage directly resulting from an insured peril. Damage caused by firefighting operations, including water and chemical damage. Costs associated with debris removal following an insured event. Damage to the insured buildings and permanent structures. Damage to office furniture, fixtures, and fittings. Damage to office equipment, including computers, printers, servers, networking equipment, and other electronic devices. Loss or damage to office documents, records, and archives, where insurable. Replacement or reinstatement of damaged or destroyed property on a replacement value basis, without deduction for depreciation, where applicable. Earthquake Electricity demage The insurance policy shall clearly specify: Covered perils. Exclusions. Limits of liability. Deductibles or excesses. Policy conditions and warranties. Claims procedures and settlement timelines. 4. Property to be Insured The successful bidder shall provide insurance cover for, but not be limited to, the following assets: Office buildings (two buildings located on the same plot). Office furniture. Office equipment. Information Technology (IT) equipment. Office fixtures and fittings. Other movable assets owned by FAWE Rwanda. A comprehensive asset register, including asset descriptions, quantities, locations, and insured values, will be provided to the successful insurer before policy issuance for underwriting and preparation of the insurance policy. The estimated replacement value of the buildings is RWF 332,610,000 (Three Hundred Thirty-Two Million Six Hundred Ten Thousand Rwandan Francs). This valuation excludes the value of the land 5. Policy Requirements The insurance policy shall: Be issued by an insurance company licensed to operate in Rwanda. Provide replacement or reinstatement value cover for all insured assets, unless otherwise agreed. Clearly state the sum insured for each category of assets. Include prompt claims assessment and settlement procedures. Remain valid for a period of twelve (12) months from the effective date, with an option for renewal subject to satisfactory performance and mutual agreement. Be governed by the applicable insurance laws and regulations of the Republic of Rwanda. Location: Kigali Deadline: Tuesday, 25/08/2026 15:00 Tender Link : https://www.jobinrwanda.com/job/terms-reference-fire-and-other-insurance-services-fawe-rwanda-house-and-its-contents

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