Product Information
Suitable for a retail business with the sum insured that is not over than 30 million baht.
Table of Benefits
| Coverage | ||||||
|---|---|---|---|---|---|---|
| Maximum Sum Insured | Minimum Sum Insured | |||||
1 |
All Risks (Main Coverage) |
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Covers Building and Contents from All Risks (i.e. Fire, Lightning, Explosion, Vehicle impact, Aircraft Impact, Water damage, Smoke, Bush fire, Accidental damage, Riot strike, Malicious acts or vandalism etc.) Burglary (forcible entry) Fixed Glass Deductible : Baht 2,000.- each and every loss excluding Fire and Lightning |
30,000,000 THB |
500,000 THB |
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|
Flood Deductible : 10% of Loss or Min 25,000 Baht for each and every loss which is higher |
10% of All Risks Sum Insured Max 2 MTHB |
100,000 THB |
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|
Natural perils (Windstorm, Earthquake, Hail) Deductible : 10% of Loss or Min 20,000 THB for Earthquake |
30% of All Risks Sum Insured |
100,000 THB |
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All Risks Special Coverage |
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|
Electrical Injury Deductible : 2,000 THB each and every loss |
100,000 THB |
10,000 THB |
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|
Breakage of All Advertising and Neon Signs Deductible : 2,000 THB each and every loss |
50,000 THB |
10,000 THB |
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Repairing entrance cost from Burglary, Robbery |
50,000 THB |
- |
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Rental Cost of Temporary Outlet (Max. 30 Days, and per day) |
0.1% of Building SI, Max 4,000 THB/day |
- |
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Fire Brigade Charges and Extinguishing Cost |
1% of All Risks Sum Insured |
10,000 THB |
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Removal of Debris |
1% of All Risks Sum Insured |
10,000 THB |
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2 |
Money Insurance |
50,000 THB |
10,000 THB |
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Optional Add-on |
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3 |
Business Interruption Insurance |
4,000 THB/day |
1,000 THB/day |
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4 |
Employer’s Liability Insurance |
1,500,000 THB |
1,500,000 THB |
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5 |
Public Liability Insurance |
20,000,000 THB |
1,000,000 THB |
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5.1 Advertising and Neon Signs |
1% of Limit of Public Liability |
10,000 THB |
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5.2 Tenants’ and Occupiers’ Liability |
10% of Limit of Public Liability, Max 500,000 THB | 100,000 THB |
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|
Remark : The initial premium above is for Shop category and will be adjusted based on the type of business insured. |
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Premium (Exclude VAT & Stamp Duty)
| Sum Insured (THB) | Starting Premium (THB) |
|---|---|
| 500,000 | 3,184 |
| 1,000,000 | 3,967 |
| 2,000,000 | 4,738 |
| 3,000,000 | 5,188 |
| 4,000,000 | 5,508 |
| 5,000,000 | 5,756 |
| 10,000,000 | 7,527 |
| 20,000,000 | 11,912 |
| 30,000,000 | 13,967 |
*The initial premium above is for Shop category and will be adjusted based on the type of business insured.
**The terms and conditions of underwriting are defined by AXA, the Insured should understand before making the decision.