Business Protect

BUSINESS PROTECT
- It comes in several variants that befitting the needs of store operations. Whether the risk be food or drink outlets, business centers, health and personal care centers, restaurant, and even small offices and kiosk.


WHAT CAN BE COVERED?

RESTAURANT
- Restaurant establishments duly licensed to serve meals excluding bars, nightclubs, and the like.

H20 STATIONS
- Filling and refilling outlets of distilled or purified water

CLINICS
- Personal care centers and clinics duly accredited with the Department of Health and supervised by a licensed medical practitioner or allied medical professionals.

SALONS AND BARBERSHOPS
- Barbershop or beauty salon located in shopping malls or commercial complex.

KIOSKS
- Kiosk or open-sided booth located inside a shopping mall or commercial complex.

OFFICES AND RETAIL STORES


FEATURES & COVERAGES

PROPERTY INSURANCE
- Fire & Lightning, Typhoon, Flood, Earthquake Fire & Earthquake Shock, Smoke Damage, Explosion, Vehicular Impact, Falling Aircraft, Riots, Strike and Malicious Damage, Sprinkler Leakage, and Bursting or Overflowing of Water Tanks, Apparatus, and/or Pipes (BOWTAP)

PROPERTY RELATED EXTENSIONS
- Debris Removal
- Fire Fighting Expense
- Professional Fees

NO MINIMUM SUM INSURED
- Php 1,000 Basic Premium

5% OF PROPERTY INSURANCE
- Combined Single Limit


REQUIRED INFORMATION

1. Registered Business Name
2. Assured’s Name
3. Detailed Address (#, street, barangay, subdivision, city, etc.)
4. Sum insured between building, contents and/or other items
5. Building construction (should be Class A* construction)
6. Boundaries (both building and the unit)
7. Name and Birth Dates of employees for Personal Accident Cover

*Class A construction (must be made of mostly concrete)


GUIDELINES

- Buildings of Class A* construction with distance of more than 1 kilometer from the earthquake buffer zone and with elevation of at least 6 meters from the sea level

- For Personal Accident Insurance, age of employees to be declared should not exceed sixty-four (64) years
old.

- Assured must duly fill-out the Business Protect application form

*Class A construction (must e made of mostly concrete)