Besides the described insurance, there are other coverage designed for specific perils or exposures such as:
1)
PUBLIC LIABILITY INSURANCE:
The insurance will indemnify against your legal liability arising out
of your normal business operation and caused damage and loss to the third
party's property and/or bodily injury. This is a general form of the liability
insurance policy. There are other specific liability coverage available
in the market such as:
- Product Liability: the policy will indemnity for your legal liability
to the third party in case of his property damage or bodinly injury arising
out of your product.
- Professional Liability: covers your legal liability to the third party
arising out of your professional occupation i.e. medecine, lawyer or engineer.
2)
DIRECTOR & OFFICER INSURANCE:
The insurance covers the company's director & officer of theirs working
omission or error in case of claim by a third party or minor shareholders.
3)
MONEY, FIDELITY, BURGLARY INSURANCE:
- Money Insurance covers a loss of money or valuable document i.e. bond
or cheque within your premise, outside premise or in transit to the bank.
- Fidelity Insurance provides a protection to your fraud exposure caused
by your employees.
-
Burgalry Insurance covers a physical loss or damage to your property caused
by burglary, robbery and theft.
4)
JEWELERS BLOCK INSURANCE:
This is a special insurance for the Jewelers or Precious Stones Operators.
5)
PROJECT INSURANCE/SPECIAL PROGRAM:
For special project i.e. infrastructure project is normally required a
customised coverage. The package will be designed to cover project risk
exposure. Or the special insurance program can be arranged for a unique
operation that's not satisfied with common market terms.
6)
MARINE CARGO INSURANCE:
The insurance covers a physical loss or damage to your cargo/goods during
in transit i.e. export or import by sea or air frieght. The policy can
be taken out as annual basis, open cover or single shipment policy.
