Cover all risks of accidental loss of or damage to your property insured, except specific exclusions in the policy wording.

We cover for all risks of accidental physical loss or damage to the property insured, except exclusions in the policy.

Firstly, you are required to choose your basic cover under the section 1 before you select this optional cover of section 2 of business interruption insurance.

We will cover for losses or damages resulting from an interruption to your business due to losses or damages under section 1.

Items of property can be covered in this insurance should be loss of gross profit, increased cost of working, wages to retained employees, auditor fees, net profit, standing charge. etc.

Your insurance cover is not completed with just Fire Insurance of section 1. You need to cover business interruption insurance as well so that you can protect your financial losses.

Optional Extensions

• Prevention of Access
• Public Utilities
• Professional Accountant’s Fees
• Suppliers / customer's extension.

Exclusions Applicable to Section 1

• Deductible stated in the policy
• War and Civil War
• Cyber Attack
• Terrorism
• Political Risks
• Information Technology Hazards
• Radioactive Contamination
• Nuclear Energy Risks
• Sanctions Limitation
• Asbestosis
• Infectious Diseases

These are some of the important risk information which we need to obtain from you so that we can indicate you a quotation or premium charge:

• Client information
• Nature of Business: e.g. Residence, Restaurant, Hotel, Condominium, Garment Factory.
• Locations of risks: where you wish to cover under your policy
• Property Insured and Sum Insured
• Length of Indemnity Period, if you choose business interruption cover
• Building Construction Class: e.g. Class A: 100% Concrete and steel structure; Class B: 50% Concrete and 50% Wood; Class C: Wood higher than 70%
• Fire Equipment Appliance: e.g.: Portable Fire Extinguishers; Hose Reels or Hydrants; Smoke or Heat Detectors; Sprinklers; Own Fire Truck
• Loss History in the past 5 years
• Other Underwriting information to be required by us.