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Commercial Stores All Risks

Commercial Stores All Risks

Regular price $335.00
Regular price Sale price $335.00
Sale Sold out
Tax included. Shipping calculated at checkout.

Business Premises

Choose same or similar business

Special Notes:

  1. The contents in safe cover extension is subject to sufficient security measures.
  2. For tailored policy refer to the company.
  3. Fine arts and valuable items exceeding 10% of contents, should be specified and declared separately
  4. Contents will be considered on agreed value basis upon submission of a detailed list of items with their respective market prices

Property All Risks as per LM7 wording

  • Neighbors', co-owners and third parties recourse
  • Loss of rent/ loss of use/ alternate accommodation (across 6 months)
  • Forest and bush fire Up to
  • Loss due to falling trees, and/or electrical poles 
  • Landslide due to an insured peril
  • Automatic capital addition clause Up to 10% of contents 
  • Automatic reinstatement clause subject to prorated premium
  • Small site of work / workmen clause 
  • Relief of average clause 20% 

Third Party Liability:

  • Maximum per claim and per period of insurance $100,000


  • Burglary against forcible entry including damage due to break in
  • Hold up
  • Contents in safe

Workmen's Compensation

  • Workmen Compensation up to 2 named worker
    • Medical Expenses $2,500/person/period
    • Weekly indemnity $50
    • Death & Permanent Disability $10,000/person /period

Complementary Covers: 

  • Removal of debris,
  • Demolition, architects and surveyors’ fees,
  • Fire department charges,
  • Accidental discharge of sprinklers,
  • Expediting expenses/extra charges for airfreight/overtime work
  • Impact of vehicle,
  • Animal/cattle belonging or not to the insured or his family members & servants or under his custody

Natural Perils:

  • Earthquake, storm, tempest, flood, tsunami and landslide

Other Benefits:

  • Plate glass and mirrors
  • Smoke damage
  • Bursting and overflowing of water tanks, pipes & apparatuses extended to cover overflowing of diesel tanks and sewage pipes
  • Cost of search of water damage loss $2,000
  • Rain water $10,000
  • Water damage liability towards neighbors $10,000
  • Belongings of servants & visitors covered following insured perils $2,000
  • Reconstitution of documents (e.g. passport, ID, property title, etc.) $2,000
  • Electrical fluctuation (damage to electrical equipment) $5,000
  • Accidental breakage (excluding personal belongings) $5,000
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