Commercial Stores All Risks

Business Premises

Choose same or similar business

Special Notes:

1. The contents in safe cover extension is subject to sufficient security measures.
2. For tailored policy refer to the company.
3. Fine arts and valuable items exceeding 10% of contents, should be specified and declared separately
4. Contents will be considered on agreed value basis upon submission of a detailed list of items with their respective market prices

Property All Risks as per LM7 wording

• Neighbors', co-owners and third parties recourse
• Loss of rent/ loss of use/ alternate accommodation (across 6 months)
• Forest and bush fire Up to
• Loss due to falling trees, and/or electrical poles 
• Landslide due to an insured peril
• Automatic capital addition clause Up to 10% of contents 
• Automatic reinstatement clause subject to prorated premium
• Small site of work / workmen clause 
• Relief of average clause 20% 

Third Party Liability:

• Maximum per claim and per period of insurance $100,000
  

Burglary:

• Burglary against forcible entry including damage due to break in
• Hold up
• Contents in safe

Workmen's Compensation

• Workmen Compensation up to 2 named worker
• Medical Expenses $2,500/person/period
• Weekly indemnity $50
• Death & Permanent Disability $10,000/person /period

Complementary Covers: 

• Removal of debris,
• Demolition, architects and surveyors’ fees,
• Fire department charges,
• Accidental discharge of sprinklers,
• Expediting expenses/extra charges for airfreight/overtime work
• Impact of vehicle,
• Animal/cattle belonging or not to the insured or his family members & servants or under his custody

Natural Perils:

• Earthquake, storm, tempest, flood, tsunami and landslide

Other Benefits:

• Plate glass and mirrors
• Smoke damage
• Bursting and overflowing of water tanks, pipes & apparatuses extended to cover overflowing of diesel tanks and sewage pipes
• Cost of search of water damage loss $2,000
• Rain water $10,000
• Water damage liability towards neighbors $10,000
• Belongings of servants & visitors covered following insured perils $2,000
• Reconstitution of documents (e.g. passport, ID, property title, etc.) $2,000
• Electrical fluctuation (damage to electrical equipment) $5,000
• Accidental breakage (excluding personal belongings) $5,000