FIRE INSURANCE
Insurance that answers for loss or damage ot property caused by Fire and/or Lightning. Coverage may be extended to include Earthquake, Typhoon, Flood, Volcanic Eruption, Explosion, Vehicular Impact, Falling Aircraft and/or Objects therefrom, Smoke, Riot, Strike, Civil Commotion, Malicious Damage and Robbery.d
Types of coverage are:
- Building and Improvements
- Machinery and Equipment
- Stocks, Supplies and Other Contents
- Loss of income / Business Interruption
ENGINEERING INSURANCE
All-risk insurance that answers for loss and damage in the course of constructing buildings, roads or bridges, or in erecting, installing or operating machinery and equipment, subject to certain exclusions.
Types of coverage are:
- Contractor’s All-Risk Insurance (CARI)
- Erection All-Risk Insurance (EAR)
- Machinery Breakdown Insurance (MBI)
- Boiler and Pressure Vessel Insurance (BPV)
- Electronic Equipment Insurance (EEI)
MOTOR VEHICLE INSURANCE
Indemnifies vehicle owners against loss of, or damage to, the vehicle as well as liabilities arising from bodily injury sustained by, or damage to properties of,third parties.
Types of Coverage:
- Compulsory Third Party Liability (CTPL)
- Loss or Damage
- Voluntary Third Party Liability (VTPL):
- Death/Bodily Injury
- Property Damage
Optional Coverage:
- Unnamed Passenger Personal Accident (UPPA)
- Extended Coverage – Flood, Typhon, Volcanic Eruption, Earthquake or Strikes, Riots and Civil Commotion
PERSONAL ACCIDENT INSURANCE
Provides benefits to the insured or their beneficiaries in case of death or disablement caused by an accident. It also provides reimbursement of medical expenses incurred and burial assistance.
Personal Accident (PA) Packages:
- Individual PA
- Family PA
- Group PA
- Student PA
COMPREHENSIVE GENERAL LIABILITY (CGL) INSURANCE
CGL is the business liability insurance protection suited for offices, commercial and industrial establishments. It indemnifies the client for liability arising from bodily injury to, or damage to the property of, third parties in the course of the client’s business operations.
PROPERTY FLOATER
All-risk insurance for externally caused, direct, physical loss or damage to insured properties, subject to specified excusions.
