General Overview
The first thought that comes to mind when deciding to invest in an asset is: how will I protect it in the long run? Property Insurance is the policy that secures your financial investments against any potential risk that your property and its contents might be subject to, whether you are a tenant or the owner. Meaning you get protected against accidental misfortunes to keep building the life of your dreams.
Coverages
The named perils policy provides you with compensation for potential losses and damages you may face in an accidental fire. Water damage, weather incidents, theft, and other allied perils, can be added to your customized Fire coverage policy.
If you choose our property all risks policy, you can customize your plan and gain protection against any potential loss or damage caused to your property.
There's one key difference between the two policies we offer. The Fire & Allied Perils one allows you to choose and add perils to your basic coverage plan. The Property All Risks policy, on the other hand, provides you with coverage to all risks initially, and you can define which perils to leave out from your plan rather than which ones to add.
Benefits
| Benefits | Fire & Allied Perils | Property All Risks (Below perils are included in the cover of LM7) |
|---|---|---|
Fire  |  | |
Lightning | | |
Explosion | | |
Impact of vehicles | | |
Falling aircraft | | |
Accidental smoke | | |
Water / Rain water damage | | |
Glass breakage | ||
Earthquake | | |
Storm, tempest, flood | | |
Burglary following forcible entry & hold-up | | |
Accidental Breakage | | |
Strikes, Riot and Civil Commotion | | |
Forest Fires | |
Solutions you may want to consider
