Business insurance

Comprehensive insurance for store and business owners

Basic guarantees:

• Fire, explosion, lightning, rain, wind, flood, hail and snow.
• Damage due to smoke, vandalism, impact of vehicles, electrical damage to installations and sections of energy production, distribution and/or transformation.
• Water damage (including the cost of locating and repairing the breakage).
• Expenses for demolition, debris removal, fire-extinguishing and loss of rental income, replacement of files and documents.
• Aesthetic damage to the structure, breakage of glass, mirrors, panes of glass, marbles, granite, natural stone, sanitary ware and signs.
• Forced eviction, experts’ fees.

Optional guarantees:

• Robbery, theft and damage.
• Merchandise in shop window.
• Goods in exterior showcases.
• Cash inside and outside safe.
• Robbery of cash transporters.
• Robbery of customers and employees.
• Employee infidelity.
• Loss of profits.
• Breakdown of machinery and electronic equipment.
• Damage to electrical appliances.
• Deterioration of goods in refrigerator.
• Third-party liability: exploitation, employers, products and bonds.
• Transport of goods.
• Assistance for the company.

General and professional third-party liability

• Basic exploitation and/or professional third-party liability cover.
• Accidents at work (Employer's Third-Party Liability).
• Products.
• Tenant's Liability.
• Defence costs.
• Judicial bonds.

Third-party liability for directors

Primary third-liability coverage:

• Directors' or executives' third-party liability.
• Liability for improper labour practises.
• Insured party's third-party liability for counter claims.
• Reimbursement to the entity.

Coverage of additional expenses:

• Legal defence expenses, third-party liability.
• Bankruptcy guarantee expenses.
• Administrative fines and sanctions.
• Research expenses.
• Emergency and crisis management costs.
• Advertising and image restitution costs.
• Extradition expenses.
• Coverage of expenses in case of contamination.
• Defence expenses for entity's criminal liability.

Building insurance policies

Our construction insurance covers risks for temporary and permanent work carried out on a construction site. These are some of the guarantees you can take out under this policy:

Basic guarantees:

• Damage to works.

Complementary cover (optional):

• Robbery.
• Overtime, night work and holidays.
• Strike, riot, civil uprising.
• Terrorism.
• Pre-existing assets.
• Construction machinery.
• Construction equipment.
• Debris removal and demolition expenses.
• Extracontractual third-party liability.
• Cross third-party liability.
• Maintenance coverage (optional).
• Extensive maintenance.

We also have a Ten-Year Insurance Policy to cover structural damage to a building as established by the Buildings Standards Act:

Basic guarantees:

• Structural damage.

Complementary cover (optional):

• Demolition and Debris Clearing Costs.
• Mechanical resistance and stability of non-load-bearing façades.
• Waterproofing of roofs.
• Façade waterproofing.
• Watertightness of basements.
• Pre-existing assets.
• Automatic updating of sum insured (optional).
• Waiver of the right of subrogation (optional).

Machinery and equipment

Depending on the type of machinery and equipment, this type of insurance has the following main guarantees:

Internal causes:

• Error in design, manufacture, defects in assembly, workmanship and material.

External causes:

• Deterioration caused by water or other liquids.
• Fall, impact or collision of vehicles, including aircraft and their objects, as well as the obstruction or entry by foreign bodies.

Technical causes:

• Damage or loss of electronic equipment, caused by damage to air conditioning installations which may be compensated for under the policy.
• Failure in regulation and safety devices.
• Vibrations, misalignments, loosening of parts, greasing defects and self-heating.

Human causes:

• Lack of skill, negligence and malicious acts by the insured person's personnel or third parties.

Electrical damage:

• The direct action of electricity as a result of short circuits, overvoltage and other similar effects, and electrical disturbances derived from lightning strikes.

Extreme weather phenomena:

• Overflow, flood, hurricane or storms.

Other:

• Fire, lightning, explosion, implosion, theft, looting and any other cause not expressly excluded.