BUSINESS CARE ADVANTAGE

What is Business Care Advantage?

Business Care Advantage is an insurance specifically designed for Small and Medium Enterprise (SME) owners. It protects the business from possible hazards, financial loss, and destruction.

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What are the coverages?

• Fire and Lightning

• Earthquake

• Flood

• Typhoon

• Extended Coverages (Explosion, Falling Aircraft, Vehicular, Impact, Smoke Damage)

• Riot, Strike, and Malicious Damage

• Broadwater Damage with BOWTAP

• Robbery and Burglary

• Plate Glass

• Sprinkler Leakage

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Comprehensive General Liability Insurance

- Addresses business-related worries in relation to third party claim for bodily injury and/or property damage due to accidents arising out of the insured's business operations or within the businesses' premises.

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Personal Accident Insurance

- Provides monetary benefit for the insured and his employees in the event of accidental death or dismemberment arising within the period of insurance.

- Four (4) Named Regular Employees from 18 to 65 years of age shall be covered up to the following:

- Accidental Death and Disablement

- Accidental Medical Reimbursement

- Burial Expenses

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Money and Securities Insurance

- Compensates for loss of money and securities stored within insured business premises due to robbery or burglary.

-This cover will also respond to loss of money-in-transit from the business premises to the bank and vice-versa due to robbery.

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Business Interruption (Option Cover)

- Protects the business owners or insured against losses or damages to their income or profit caused by fire or other covered perils in the policy (12 months Indemnity Period)

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DEDUCTIBLES

• Fire / Lightning and RSMD

• Earthquake / Typhoon / Flood

• Extended Cover

• Broad Water Damage / Sprinkler Leakage

• Robbery and Burglary

• Comprehensive General Liability

• Signage / Plate Glass

• Personal Accident

• Money and Securities

• Business Interruption

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