The policy provides protection to your property such as Building, Contents, Furniture, fixtures and fittings, Plant and equipment, Office equipment, Stock-in-trade, Raw materials, semi finished product, Finished products and like against losses &/or damages caused by:
- Fire, Lightning.
- Earthquake and Volcanic Eruption.
- Storm, Tempest and Flood and Inundation.
- Damage caused by aircraft and other aerial devices and/or articles dropped there from.
- Bursting and overflowing of Water Tanks and Pipes.
- Impact damage by Road Vehicle.
- Riot, Strike, Civil Commotion.
- Malicious Damage.
In addition, to the above information the following expenses/losses may include under the policy converge :
- Burglary/Thief
- 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, super markets, hyper markets, schools, hospitals, offices, residential villas, apartments, etc…)