Businesspak Policy

Businesspak is a comprehensive small business owner’s package policy there are two classes of business that will be considered for coverage, with rates being afforded for such. Businesspak offers insurance coverage to buildings, office contents, business equipment and stock. Additional coverage includes architect fees, debris removal, damage to glass and newly acquired property

Theft of money be it in transit or on premises during business hours is covered. On premises outside of business hours (once secured in a safe or other type facility) is also covered. Theft of property on premises or in transit is covered. Public liability is another component featured in the Businesspak plan, which entails payment for injury to any customer or damage to property arising in connection with your business.

Material damage to property under the Businesspak policy is defined as follows

  • Fire and Lightning
  • Explosion
  • Earthquake, Volcanic Eruption & Storm
  • Hurricane & Tornado
  • Flood
  • Escape of water from any fixed installation
  • Riot , Strike & civil commotion
  • Impact by Vehicle, Animal or Aircraft

Damage to property is specified as:

  • Theft involving entry or exit
  • Riot & strike
  • Locked out workers
  • Persons engaged in labour disturbances