COMMERCIAL INSURANCE

BUSINESS – SILVER, GOLD & PLATINUM

The packages of insurance cover Silver, Gold, Platinum are designed for specific Business Enterprises, Retail Shops and Offices, as well as Apartment Blocks or House Complexes occupied and used for residential purposes only.

This insurance provides cover for the buildings and other permanent installations, stocks, machinery, furniture, office equipment and other contents, as a result of loss of or damage caused by specific insured perils (Section A) or in respect of other covers and benefits (Section B). In addition, a series of other covers and benefits (Sections C and D) are also included in the cover depending on the package of insurance cover chosen.

Section A – Insured Perils
(Applicable for all packages of insurance cover)

  • Fire, Lightning or Thunderbolt
  • Bush Fire
  • Short Circuit Fire
  • Short Circuit
  • Smoke from Fire
  • Explosion
  • Earthquake or Volcanic Eruption
  • Storm or Tempest and Flood
  • Impact on the Buildings
  • Aircraft Fall
  • Accidental Escape of Water or Domestic Oil or Other Liquid
  • Riots, Strikes, Lock-out
  • Malicious Damage
Section B– Other Covers and Benefits
(Applicable for all packages of insurance cover)

  • Public Liability
  • Architects’ and Surveyors’ Fees
  • Debris Removal
  • Cost for locating the cause of leakage
  • Loss of Water or Domestic Oil or Other Liquid
  • Accidental Damage to Neon or Other Signs or Tents
  • Accidental Damage to External Aerials and Security Systems
  • Accidental Fall of Trees or Poles
  • Buildings Guard

Section C – Other Covers and Benefits
(Applicable for the packages of insurance cover Gold and Platinum)

  • Theft by actual forcible and violent entry to or exit from the Buildings
  • Accidental Breakage of Mirrors
  • Money at the Buildings
  • Money in Transit
  • Personal Accident during Theft or Transfer of Money
  • Goods in Transit
  • Fidelity Guarantee
  • Employees’ Personal Effects
Section D – Other Covers and Benefits
(Applicable only for the package of insurance cover Platinum)

  • Alternative Accommodation
  • Accidental Damage to Office Electronic Equipment
  • Damage to Frozen Goods
  • Loss of Profits (Optional Cover)
PRODUCT INFORMATION (IPID)
LEAFLET
PROPOSAL
CLAIM FORM