Proposal Fire PRO Quotation

FIRE PRO
COMPREHENSIVE INSURANCE
Assured :
Location of Risk :
Type of Package : Biz Protect Plan I
Occupancy :
Period of Cover : 12 months from date to be advised at 4:00 pm Standard Local Time
Total Sum Insured :
Property Insured : On the Building (excluding foundation)

- Php
On Leasehold Improvements
- Php
On Contents
- Php
Can be any of the following:

(DELETE THOSE THAT ARE NOT APPLICABLE)
o Stocks in trade, goods or merchandise
o Machinery, equipment
o Furniture, fixtures and fittings, office contents
Insured Perils : Sudden, accidental and unforeseen, direct and physical loss,
destruction of or damage to the property of the Insured arising from
the following perils:-
- Fire and/or Lightning
- Riot, Strike and Malicious Damage
- Extended Coverage (Smoke, Falling Aircraft, Vehicle Impact,
Explosion)
Special Extensions : Extra Expense

- Php 100,000.00 per occurrence and in annual aggregate
Comprehensive General Liability (Premises Operations Only)
- Php 100,000.00 per accident
- Php 1,000,000.00 in annual aggregate for Third Party Bodily Injury
and/or Third Party Property Damage
Extensions to CGL:
Fire and/or Explosion Legal Liability
Tenants Legal Liability (if applicable)
Premises Medical Payment
- Php 5,000.00 per person and Php 50,000.00 in annual
aggregate
Other Extensions:
Garage Keepers Legal Liability
(applicable only for Auto Repair Shop)
- Php 50,000.00 per vehicle and Php 250,000.00 in annual
aggregate
Food and Drink Liability (dine-in only)
(applicable only for Hotel and Restaurants)
- Php 50,000.00 per occurrence and Php 500,000.00 in annual
aggregate
Personal Accident Insurance

(Accidental Death or Permanent Disablement)
- Php 50,000.00 per person and Php 500,000.00 in annual
aggregate
(Unnamed, maximum of 10 persons)
- Medical Reimbursement: Php 5,000.00 per person and Php
50,000.00 in annual aggregate
- Burial Expense: Php 2,500.00 per person and Php 25,000.00 in
annual aggregate
 Warranted individual insured is an employee of the above named

assured, 18 to 65 years of age. No infirmities of the sight or sense
of hearing; no physical deformity or handicap such as absence of
one or both hands, feet or eyes and is not declined for life
insurance or any form of Personal Accident cover.
 All benefits payable under this policy shall be paid to individual
named insured’s declared beneficiary/ies or compulsory heirs as
their interest may appear.
 Warranted coverage to any person ceases upon resignation or
termination and/or completion of the particular contract he/she
is involved in, whichever comes first.
 Subject to the following Extensions of Cover:

 Injuries due to animal bites/attacks except insect bites
 Drowning
 Claims arising out of Acts of Nature
 Suffocation by smoke or poisonous fumes
 Accidental Food poisoning
 While riding as a passenger of any type of public conveyance
licensed to carry passenger be it by sea, land or air
Money, Securities and Payroll Robbery Insurance

- Php 50,000.00 per occurrence and in annual aggregate any one
period of insurance
Plate Glass
- Php 100,000.00 per occurrence and in annual aggregate
Electronic Equipment
- Php 100,000.00 per occurrence and annual aggregate
Endorsements : Extended Coverage Endorsement

Riot, Strike and Malicious Damage Endorsement
Warranties and Clauses : Alterations and Repairs

Automatic Increase Clause – 10% of sum insured ; 60 days
declaration
Average Relief Clause – 85%
Expediting Expenses – 5% of SI, maximum of Php 100,000
Fire Extinguishing – 5% of SI, maximum of Php 100,000
Fire Fighting Expense – 5% of SI, maximum of Php 100,000
Professional Fees – 5% of SI, maximum of Php 100,000
Removal of Debris – 5% of SI, maximum of Php 100,000
Restorations of Documents – 5% of SI, maximum of Php 100,000
Temporary Removal (for Machinery and Equipment only)
– Php 100,000
Deductibles : Fire/Lightning and RSMD – none
Extended Cover
- 1% of the sum insured on the affected item but not less than
Php1,000.00 nor more than Php500,000.00
Extra Expense
- 5 days
CGL (TTPD Only)
- 10% of the loss minimum of Php 10,000.00 for Third Party
Property Damage
Garage Keeper’s Legal Liability

- 10% of the loss minimum of Php 10,000.00
Food and Drinks Liability

- 10% of the loss minimum of Php 10,000.00
Money, Securities and Payroll Robbery

- Php 5,000.00 each and every loss
Plate Glass
Electronic Equipment
General Exclusions : Date Recognition Clause
E-Risk Cyber Exclusion
Terrorism and Sabotage Exclusion
War and Warlike Risk
Communicable Disease Endorsement (LMA5393)
Property Cyber and Data Endorsement (LMA5400)
Premium : Php (inclusive of taxes)
Validity of Quote : 30 days from

Proposal Fire PRO Quotation

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Proposal Fire PRO Quotation

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FIRE PRO

Type of Package : Biz Protect Plan I

Total Sum Insured :

Property Insured : On the Building (excluding foundation)

Can be any of the following:

Special Extensions : Extra Expense

Personal Accident Insurance

 Warranted individual insured is an employee of the above named

 Subject to the following Extensions of Cover:

Money, Securities and Payroll Robbery Insurance

Endorsements : Extended Coverage Endorsement

Warranties and Clauses : Alterations and Repairs

Deductibles : Fire/Lightning and RSMD – none

Garage Keeper’s Legal Liability

Food and Drinks Liability

Money, Securities and Payroll Robbery

Premium : Php (inclusive of taxes)

Validity of Quote : 30 days from

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