Property Insurance provides coverage against loss of or damage to your assets namely Building, Machinery, Equipment and Inventory or Stocks including Consequential Loss to your business, which are caused by any perils cover under Fire policy.



Types of Fire Insurance Policy:

  1. Indonesian Standard Fire Insurance Policy
    This policy covers Fire, Lightning, Explosion, and Impact by falling aircraft and Smoke resulting from the burning property covered in the policy. This insurance can be extended by:
    • Riot, Strike and Malicious Damage.
    • Civil Commotions.
    • Flood, Windstorm, Tempest and Water Damage.
  2. Property / Industrial All Risk
    This policy covers All Risk against Physical Loss of or Damage to your assets from any causes subject to policy exclusions such as:
    1. War, invasion, act of foreign enemy, hostilities or warlike operations (whether war be declared or not) or civil war, riots, strikes, locked-out workers, malicious acts, looting, mutiny, civil commotion, military rising, insurrection, rebellion, revolution, military or usurped power, confiscation, requisition or nationalization, acts of terrorism. “Terrorism” means the use of violence for political ends and includes any use of violence for the purpose of putting the public or any section of the public in fear
    2. Ionizing radiations or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel
    3. The radioactive toxic explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof
    4. Willful act or willful negligence of the Insured or of his representatives
    5. Total or partial cessation of work
  3. Indonesian Standard Earthquake Insurance Policy
    This policy covers for Earthquake, Volcanic Eruption, Fire and Explosion following Earthquake and or Volcanic Eruption and Tsunami.
  4. Business Interruption Insurance Policy
    This policy covers for financial loss as consequential of interruptions of your business due to loss destruction or damage indemnifiable under material damage policy.

* For further information and inquiries, please contact our Marketing Department.