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Equipment or Property Floater
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Provides insurance for heavy and fixed machinery like tractors, bulldozers, cranes, road rollers and the like (excluding equipment used in mining, quarrying, logging, lahar/underground operations) against risks which include loss or damages caused by fire, theft, overturning and collision and malicious damage.
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Comprehensive General Liability (CGL)
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This is an insurance required by the Department of Trade and Industry before issuing a license. It covers various establishments against financial and legal liabilities arising from damage to another party's property (property damage liability) or injury to another person (bodily injury liability). It also includes loss of use as a result of any of the hazards insured against.
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Kinds of Comprehensive General Liability Coverage
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Premises-Operations Hazard |
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Elevator Hazard |
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Independent Contractor's Hazard |
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Product Hazards |
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Contractual Hazard |
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Documentary Requirements
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Money, Securities and Payroll Robbery
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This insurance provides protection to business establishments against loss of the company's money, securities and payroll inside and outside the premises. Also includes coverage against loss due to robbery (within premises) and hold-up whilst in transit.
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| Basic Application Requirements | Claims Requirements |
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