Key Benefits

1

To be specifically tailored for small factories and warehouses

2

To provide the comprehensive coverage in a single policy

3

The peril of flood may be extended*

4

No deductible

5

Affordable Initial premium

*Subject to conditions required by LMG.

Key Benefits

We have got your needs covered

Compare our plans in details, you'll definitely find something that suits you

Major Coverage Sum Insured (THB)
Benefit Schedule
   
1. Fire, lighting, perils impacted by explosion, water (excluding flood), earthquake or volcano eruption or swell or Tsunami, perils from aircraft, scraping or clashing of vehicles, insurrection or strike or perils caused by malicious acts (except acts for political, religious or ideological result, hail, and smoke. Subject to the sum insured
2. Peril of flood Not exceeding 100,000 per occurrence and per year
3. Peril of windstorm Not exceeding 20% of sum insured per occurrence and per year
4. Damage to electric appliances Limit of Baht 100,000 per occurrence and per year
5. Larceny with actual forcible and violent entry endorsement to the building, robbery, gang-robbery. 100,000 per occurrence and per year
6. Damage to the building caused by actions specified in Item 5 above. Limit of 10,000 per occurrence and per year

7. Loss or damage of money caused by robbery, gang-robbery, fire or any other reasons which are not specified (PorNgor.2) except:

- In the insured building during working hours

- After working hours and kept in the safe or strong room

 100,000 per occurrence and per year
8. Damage to glasses of the insured building caused by accident. 100,000 per occurrence and per year
9. Legal liabilities to bodily injury, loss of life, and properties of third parties in the insured building or caused by the use of such insured building. 100,000 per occurrence and per year
10. Removal expenses for debris damaged by perils mentioned in Item 1 above. 10% of the damage, but not exceeding 200,000 per occurrence and per year
11. Necessary expenses for fire extinguishing. 10% of the damage, but not exceeding 200,000 per occurrence and per year

Notes

Insurance Terms and Conditions
  1. Maximum sum insured is Baht 50,000,000 per location; one location per policy.
  2. Minimum premium of THB 10,742.80 (including tax) per one policy.
  3. The location or place of keeping the subject matter of insurance must be the first-class or full-concrete building. If located in a regional area, it must be in the zone where the underwriting is specified as a general zone.
  4. The Company’s liabilities for all coverages must not exceed the sum insured as specified in Item 1 of the main coverage.
  5. The Company shall inform in advance for the risk survey is needed.
General Exclusions
  1. The building construction is wood or timber, or half-timbered or the insured’s property is located in a dangerous block area or slum.
  2. Valuables such as banknote, bonds, gold bar, gems, antiques or works of art, document, drawing, diagram, painting, securities, mold or block, stamp duty, etc.
  3. Glassware, porcelain, ceramic porcelain, marble, or other fragile objects.
  4. Explosives, all types of vehicles, either by land, water, or air.
  5. Damage caused by terrorism, sabotage.
  6. Exclusion of the coverage for electronic data and internet.

This brochure is not an insurance contract. The precise terms and conditions are specified in the policy contract. The applicant should study coverage details and conditions before applying for an insurance policy.

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