Business Insurance

Embarking or growing a business venture involves hard work, dedication and ongoing investment. Your hard-earned achievement should be accompanied by an insurance policy to help you safeguard yourself, your enterprise and your employees. We offers excellent business solution to protect your entrepreneurial accomplishments.

Benefits & Advantages

Commercial plan, will indemnify you in respect of destruction, damage or loss of or to any of the property insured as a result of all risks of accidental physical damage (accidental physical loss, destruction or damage) other than by an excluded cause or to an excluded property occurring during the period of insurance.

Fire & Special Perils Insurance pays for loss of or damage to the property insured caused by Fire, Lightning or Specified Perils.

Theft Insurance pays for loss of, or damage to the property insured caused by theft or any attempted theft following upon, or followed by, violent entry or exit to or from the premises. It also indemnifies violent hold-ups and threats of violence to the insured or the employees. This includes the cost of damages to the premises.

Electronic Equipment Insurance will indemnify you for loss or damage of electronic items, by payment in cash, replacement or repair. We will cover external data media which can be directly processed in EDP systems.

Machinery Breakdown Insurance provides cover in the event any unforeseen and sudden physical loss or damage from causes such as defects in casting and material, faulty design, faults at workshop or in erection, bad workmanship, lack of skill, carelessness, shortage of water in boilers, physical explosion, tearing apart on account of centrifugal force, short circuit, storm, or from any other cause not specifically excluded hereinafter, in a manner necessitating repair or replacement.

Goods in Transit Insurance will pay, repair or indemnify the policyholder against loss of or damage to property in transit being loaded onto or unloaded from a specified vehicle.

It also covers property temporarily housed in the course of transit by a specified vehicle during the period of insurance.
Money Insurance covers loss of money occurring during the period of insurance and the cost of repair or replacement of the safe or strong room (not otherwise insured) directly associated with any theft or attempted theft.

Public Liability Insurance covers all costs and expenses of litigation recovered by any claimant against the policyholder, and incurred with the written consent of MAPFRE Middlesea, in respect of a claim against the insured to which the indemnity expressed in this policy applies.

Employer’s liability Insurance covers the policyholder against liability at law to pay compensation, and claimant’s costs and expenses, in respect of the bodily injury by accident or disease of an employee.