business insurance

Business Insurance coverage protects businesses from losses due to events that may occur during the normal course of business. 

The Business Insurance such as follow:

Fire or Special Perils Material Damage 

Covers your building, property, stock, and equipment.

Inconvenience Relief Benefit 

Covers loss of more than 15% of the Building Sum Insured and losses that prevent access to premises by order of public authorities. 

Fire Consequential Loss 

Covers loss of profit upon business interruption due to fire and named perils.

Terrorism

Covers your property against loss or damage due to an act of Terrorism and Sabotage.

Profit Shield Benefit

Provides coverage when there is a loss of more than 15% of the total sum insured under Section 1 - Fire as well as the costs for testing kits and disinfection services required due to manifestation of notifiable diseases in your premises.

Workmen’s Compensation 

Provides coverage to you as an employer in respect of your statutory liabilities under the Workmen’s Compensation Law(s) and common law. 

Group Personal Accident 

Compensation for injury resulting in death or disability for your employee.

Public Liability 

Covers you if someone brings a suit against you for property damage or bodily injury. 

Employer’s Liability 

Covers you as an employer for your legal liability under common law to pay compensation, cost, and expenses to your employees. 

All Risks 

Covers against loss or damage by accident or misfortune not expressly excluded.

Burglary 

Covers loss of or damage to the property due to theft. 

Money in Premises 

Covers loss of money by break-in and/or robbery. 

Money in Transit 

Covers loss of money by robbery during transit. 

Glass 

Covers breakage of any glass. 

Fidelity Guarantee 

Safeguards loss sustained by fraud or dishonesty by employee. 

Mobile Plant & Equipment 

Protects against accidental collision or overturning consequent upon mechanical breakdown. 

Machinery Breakdown 

Covers sudden and unforeseen damage to machine whilst at work or rest. 

Deterioration of Stock 

Covers loss or damage to perishable goods due to breakdown of refrigerating machinery. 

Goods in Transit 

Covers damage of goods by accidental means during transit. 

Electronic Material Damage (under Electronic Shield Insurance) 

Protection for loss/damage, theft, burglary or robbery for electronic equipments. 

Data Media Cover (under Electronic Shield Insurance) 

Protection for loss/damage to external data media i.e. server, disc storage, etc. 

Increased Cost of Working (under Electronic Shield Insurance) 

Covers additional costs incurred to maintain operation following loss or damage to electronic equipments