Details of coverage
The insurance covers physical damage of the insured properties caused by any accidents which are excluded in the policy as follows:
- Natural peril such as windstorm, hail, flood, earthquake, wildfire
- Other perils such as fire, lightning, smoke, explosion, water damage, collision with vehicles or aircrafts including items dropped from aircrafts
- Insurrection, strike, barbaric act, malicious intent
- Other accidents which are excluded in the policy
Premium rate is based on consideration of the Underwriting Department.