This policy insures common areas and contents in buildings or housing developments against the risks covered by the insurance.
Coverage:
- Civilian Common Area (building, housing development, condominium managements)
- Commercial Common Area (Plaza, shopping mall etc.common areas)
Insurance Coverage:
- Building
- Machinery
- Furniture and fixtures
- Decoration
- Cash
Compulsory Insurance Coverage:
- Fire, Thunderbolt, Explosion,
- Fire Legal Liability
- Strike, Lockout, Commotion, riots, Malicious Intent and Terrorism
- Paint, Plaster / Decoration Costs
- Collapse of gypsum board ceiling
- Hail
- Internal Water
- Storm
- Landslide
- Landslide induced by excavation
- Aircrafts
- Land Vehicles
- Smoke
- Weight of Snow
- Debris Removal Costs
Optional Coverage:
- Cash Register Fire
- Cash Register Theft
- Earthquake
- Storm Water or Flood Insurance
- Broken Glass
- Broken Machinery
- Electronic Equipment Insurance
- Employer's Liability
- Breach of Trust
- Personal Accident
- Third Party Liability
- Cash in transit
- Crash with Marine Vessels
