Business Risk Protection
Why we need Business Risk Protection?
If these are your fear, do not worry,
scroll down and find out what we have for you…..
About this policy
This insurance plan covers the risk and incident which can fall under the business premises and surroundings and impacted on the public. The coverage includes of
- bodily injuries including illnesses to any person,
- Losses or damages to property
- Legal expenses incurred in your legal proceeding defense
This insurance plan covers the risk and incident related to product manufacturing and service provision.
- Defects in the design, manufacture, packaging or labelling of the product can result in injury to the user or damage to his or her property.
- The damage or injury may not even be caused by a defect in the product and yet the consumer may still file a claim against the exporter seeking payment for damages for alleged or imagined defects.
- From the mere fact that the product is available for use or consumption by the public a possibility for product liability claim exists, perhaps from a dissatisfied customer.
Professional Indemnity/Error & Omission
This insurance plan covers the legal liability related risk for professionals (i.e. an accountant, solicitor, architect and engineer) in situation of legal costs and claims for damages to third parties due to an act, omission or breach of professional duty in the course of business. The coverage includes of
- Any actual breach of duty
- Negligent act, error, emission, or Misleading statement
- Breach of warranty
- Breach of confidentiality
Contractor all risks Insurance
This insurance plan covers all risks associated to the construction sites and contractor projects. With the condition that the duration of cover in accordance with the contract period which is stated in letter of granted. The coverage includes of
- Construction Plant and Equipment,
- Construction Machinery,
- Removal of Debris,
- Professional Fees and Principal’s Existing Property
Erection all risks Insurance
This insurance plan covers all risks associated to the erection related tasks such as testing on individual machine, industrial machinery, industrial plants, steel works and/or structure as well as third (3rd) party property and the personal incidents related to those tasks. With the condition that the duration of cover in accordance with the contract period which is stated in letter of granted. The coverage includes of
- Civil Engineering Works,
- Equipment for Erection,
- Removal of Debris,
- Professional Fees and Principal’s Existing Property.
Marine Cargo Insurance
This insurance plan covers risks related to cargo movements such as loss or damage to the goods carried in a vessel or aircraft, whether on domestic or international journeys. The coverage includes of
- Loss or damage or expenses caused by fault of carrier;
- Deliberate damage or destruction of the cargo and goods inside;
- Loss or damage of transported materials before reaching to its destination due to all risks
Trade Credit Insurance
This insurance plan covers the credit risk which can have negative impact on your profitability in the situation when your customer due to pay for the credit balance. The coverage includes of
- Simple, affordable and easy trade-related insurance solutions
- Flexible trade-related insurance solutions
- Domestic and worldwide trade locations
Let us consult for your best plan!