The policy provides protection to your properties such as building, contents, furniture, fixtures and fittings, plant and office equipment, stock-in-trade, raw materials, semi-finished and finished products against loss or damage caused by:

  1. Fire, lightning.
  2. Earthquake and volcanic eruption.
  3. Storm, tempest, flood and inundation.
  4. Damages caused by aircraft and other aerial devices and/or articles dropped there from.
  5. Bursting and overflowing of water tanks and apparatus
  6. Impact damage by road vehicles.
  7. Riot, strike & civil commotion.
  8. Malicious damage.

In addition to the above, the following expenses/losses could be included under the policy coverage:

  • Burglary/theft
  • Loss of rent
  • Cost of removal of debris
  • Architects’ surveyors’ and consultant engineers’ fees

Usual period coverage is 12 months and the policy is suitable for industry, warehouses, shops, supermarkets, hypermarkets, schools, hospitals, offices, residential villas, apartments, etc.)