BIZ PROTECT

With Biz Protect, you can focus on growing your business without worries!

Whatever your hard-earned business is, Biz Protect provides you with the most comprehensive coverage against potential risks that can hamper its success and growth.

Biz Protect is suited for the following businesses:

Medical Clinics
Groceries
Supermarkets
Convenience Stores
Salons
Restaurants
Gas Stations
Internet Shops
Hotels (small to medium size)

Coverage:

Fire and/or Lightning
Extended Coverage (Smoke, Falling Aircraft, Vehicle Impact, Explosion)
Riot, Strike and Malicious Damage (RSMD)

Other Coverages:

Comprehensive General Liability Insurance – protects you from liability to third parties such as customer who suffers bodily injury and/or property damage which arises from your business operation and occurring within the premises of your business. The cover also includes Fire and Explosion Legal Liability, Tenants Legal Liability and Premises Medical Payment.

Money, Securities and Payroll Insurance – covers you for loss of money or securities stored within your business premises, including money in transit from the premises to the bank and vice-versa as a result of robbery or any attempt threat.

Personal Accident Insurance – gives benefits to you or your employees in case of accident. Coverage includes accidental death and disablement as well as medical and burial expenses.

Electronic Equipment Insurance – provides protection for your electronic equipment such as desktop computers, printers, and other data processing apparatus, communication equipment against electronic breakdown.

Plate Glass– covers breakage of fixed glass or building glass walls caused by the perils other than those covered under Property Damage.

Extra Expense– provides cover for the necessary extra expense incurred in order to continue as nearly as practicable the normal operation of your business following an insured loss.
Extra Expense is defined as the excess of the total cost incurred during the period of restoration, chargeable to the operation of the insured’s business, over and above during the same period had no damage or destruction occurred.

Other perils that can be covered under Property Damage: