Property Insurance, as the name implies, aims to protect your company’s assets in the face of the most diverse risks, such as: fire, flooding, windstorm, among others.
This Insurance can be contracted in different modalities depending on the size and complexity of your company’s activities, namely:
⦁ Comprehensive Business – Insurance in which the customer has the option to choose the desired coverage aimed at protecting the company’s assets and, due to the product’s characteristics, it is usually accompanied by the coverage of Civil Liability Operations and Employer. Usually used by companies with smaller operations.
⦁ Operational Risks – Insurance contracted broadly, without the need to select desired coverage. The insurer guarantees all risks arising from that operation, except those excluded in the conditions of the Insurance. Used by companies with complex operations.
⦁ Named Risks – Insurance in which the client selects each of the coverages he wants to contract, only the risks described therein will be covered. Generally used by large companies that opt for a cheaper type of insurance, because when selecting the coverage you are restricting the risk of the Insurer.
Among the main coverages of Property Insurance we can find:
- Lightning strike
- Electrical damage
- Machine Breakdown
- Business Interruption
- Rent loss