Commercial Properties
Loss of Profit
As opposed to direct loss or damage -- is indirect loss or damage resulting from loss or damage caused by a covered peril listed in the Fire & Allied Perils policy above.
This form of insurance provides loss of income coverage for your business by replacing your operating income during the period when damage to the premises or other property prevents income from being earned.
Business Interruption insurance, extends consequential loss or damage coverage for such items as extra expenses, rental value, profits and commissions, etc.
Our policy covers you against loss or damage to your:
- Building
- Stock
- Machinery
- Equipment
- Furniture
- Walls, Gates Fences
caused by:
- Hurricane
- Earthquake
- Volcanic Eruption
- Fire, Lightning
- Subterranean Fire
- Riot & Strike
- Malicious Damage
- Impact caused by vehicles
- Articles that fall from an Aircraft
- Flood
- Bursting of Pipes, Water Tanks
- Damage caused by Falling Trees
Fire and Special Perils
Loss/Damage to property caused by an insured peril under the Policy, i.e. fire, lightning and limited form of explosion, special perils will include hurricane, earthquake, riot & strike, malicious damage, flood, burst pipes, impact damage, aircraft damage, spontaneous combustion, bush fire and smoke damage.
Fidelity Garantee
Dishonesty of employees giving rise to misappropriation of employer’s property (money or otherwise).
Goods in Transit
Loss/Damage by accident or misfortune to goods whilst in any conveyance over land specified and within the geographical area.
Computer All Risks
Loss/Damage to computer equipment caused by fire, theft, accident or misfortune.
Machinery All Risks
Loss/Damage to machinery caused by fire, theft, accident or misfortune
