Fire & Extra Perils

Fire & Extra Perils Insurance protects your commercial or industrial building, plant, machinery, trade stocks and all contents against damage by fire and lightning plus a host of extras such as explosion, water damage due to flood or overflow of water pipes, earthquake, storm, typhoon, cyclone and hurricane, malicious damage and many more.

The Fire & Perils section requires that you insure the items for full replacement value (except stock which is insured at invoice cost). Claims are settled on a replacement value basis, meaning the actual cost to replace the item (less GST).

It is imperative that the sum insured you select represents the full replacement value of your assets. Failure to insure for the replacement value can result in the amount of a claim being reduced proportionally by the amount that you are under-insured.

Business Packages (for Retail, Offices and F&B)

Comprehensive Business Package that covers All Risks, Work Injury Compensation, Daily Cash for Business Interruption, Public Liability, Worldwide Personal Accident, Fidelity Guarantee, Business Interruption Cover, Fire on Building, Theft of Money and Other Additional Benefits.