SME Insurance

Transcription

1 SME Insurance

2 Because we believe little things make a big difference Elmo Insurance is a respected company linked to global and financially strong reinsurers. Through a commitment to financial strength, quality underwriting and products, experienced and qualified staff, and a personalised service, we will ensure that the expectations of our shareholders, reinsurers, customers and staff are fully met, and that the company contributes to the economy and insurance market in Malta. Elmo Insurance has an extensive range of policies to suit all SME businesses ranging from retailers, catering establishments, clinics and light manufacturing businesses. We can offer you impartial advise and guide you through our three different packages to find the ideal commercial property insurance to fit your needs. Package 1 Tailor Made (Fire and Perils) Package 2 Tailor Made (Accidental Damage) Package 3 Contents Driven (Fire and Perils) Call us now on or us info@elmoinsurance.com

3 SME Insurance PACKAGE 1 - TAILOR MADE (FIRE AND PERILS) The Contents and Public Liability sections are compulsory sections. Proposer is free to choose the other sections according to his needs. Summary of Cover Contents Cover is provided for contents such as machinery, fixtures and fittings and stocks against losses through fire, lightning, explosion, storm, tempest and flood, bursting of water pipes, earthquake, riots and strikes, malicious damage, impact and theft. Public Liability Legal liability for damages in respect of accidental bodily injury to third parties and accidental damage to third party property. Buildings Cover in respect of Buildings is similar to that provided for Contents. Employers Liability Legal liability for bodily injury by accident or disease to any employee caused and arising out of and in the course of employment. Money Cover for loss of money from your premises, whether open or closed for business, or while in direct transit from your business premises to the bank. Loss of Profits Indemnity is provided for loss of profits or income that you might sustain following an interruption of the business or interference therewith as a consequence of a loss which is covered under the Buildings and Contents sections. Electronic Equipment This section covers your electronic equipment against accidental loss damage or destruction including fluctuations of the power supply caused by lightning or electrical surges. Glass The Glass section provides cover for accidental damage to fixed glass at your premises. Personal Accident This section provides the insured person/s with specific benefits in the event of accidental death or disability (both permanent and temporary) following an accident. Cover is also provided for medical expenses following a valid claim under the policy. Machinery Breakdown The Machinery Breakdown section is aimed at providing cover for a number of different types of machinery and plant whilst these are at work or at rest or whilst being dismantled for the purpose of cleaning or overhauling against sudden and unforeseen loss or damage in a manner necessitating their repair or replacement. This section supplements the cover already granted under the Contents section. Deterioration of Stocks Cover is provided against deterioration of refrigerated stock due to a breakdown of the refrigerating plant or machinery or accidental failure of electrical supply which under certain conditions can cause the rise or fall in temperature or allow unforeseen escape of refrigerant gas. Full terms and conditions are available in our Elmo SME Insurance Policies

4 PACKAGE 2 - TAILOR MADE (ACCIDENTAL DAMAGE) Summary of Cover Contents and Buildings Cover under these two sections combines the conventional perils covered under the Fire and Perils Policy and extends cover to provide indemnity in respect of accidental physical loss or damage to the property insured. All Other sections Cover for all other sections is the same as that provided under the Tailor Made (Fire and Perils) Package. Free Benefits under Packages 1 and 2 Seasonal Increase Stocks Sum Insured increased automatically by 30% during the months of November and December. Loss of Keys Loss or damage to keys including replacement of locks following theft of keys from the insured premises up to a limit of 500. Property in Transit Loss or damage to the insured Stocks (excluding High Risks Stocks) whilst in transit anywhere in the Maltese Islands subject to a limit of 750. Accidental Damage to Fixed Glass Free accidental damage cover to fixed Glass up to a limit of 500. Loss of Metered Water Cover granted under the Buildings and Contents sections is extended to include loss of metered water, fuel or oil up to a limit of 500. PACKAGE 3 - CONTENTS DRIVEN (FIRE AND PERILS) The basis of cover provided under this policy is the same as that provided under the Tailor Made Fire and Perils Package up to the limits shown below. All sections are compulsory except the Buildings section. Summary of Cover Sum Insured / Limit of Liability Contents Buildings Rent * As determined by client * As determined by client 5,000 Public Liability 200,000 Employers Liability Money 2,350,000 (single event) 4,600,000 (aggregate) 2,000 during business hours 200 out of business hours 2,000 in safe 250 at insured s residence Electronic Equipment 1,000 Glass 500 Up to 15% discount on all packages Up to 15% discount on all packages Terms and Terms conditions and conditions apply apply

5 With you every step of the way

6 Elmo Insurance provides its full services throughout a well supported branch network with convenient extended opening hours. B KARA BRANCH Naxxar Road B Kara BKR COSPICUA BRANCH 48 Bormla Gate Cospicua BML PAOLA BRANCH Paola Square Paola PLA QORMI BRANCH St. Bartholomeo Street Qormi QRM RABAT BRANCH 23A Saqqajja Square Rabat RBT ST. PAUL S BAY 612 Mosta Road St. Paul s Bay SPB ZEBBUG BRANCH Mdina Road Zebbug ZBG /7 Elmo Insurance Ltd. Abate Rigord Street Ta Xbiex XBX 1111 Tel: Fax: info@elmoinsurance.com VALLETTA BRANCH Cassar & Cooper 54 South Street Valletta VLT Elmo Insurance Ltd. is authorised to carry out general insurance business and is regulated by the Malta Financial Services Authority.