Material Damage - what can be insured?
Your property may consist of:

1. Building
2. Office furniture, fixtures and fittings
3. Stock in trade
4. Plant, machinery and equipment

Business Interruption - what can be insured?

1. Loss of profit
2. Overhead expenses
3. Employees’ wages and salaries
4. Increase cost of working

There are many forms of how your property can be insured. The common ones being:-

Coverage

• Fire & Extraneous Perils
  Covers the loss or damage to the insured property against fire, lightning, explosion caused by explosion of gas used for domestic purpose &/or other named insured perils under the policy
• All Risks
  All Risks insurance covers accidental loss of or damage to the insured property unless otherwise specifically excluded in the policy.
• Machinery & Equipment
  Machinery and Equipment insurance covers the reinstatement or repair of the lost or damaged Machinery and Equipment caused by any of the Contingencies.
• Consequential Loss
  Consequential Loss insurance covers the indemnity of any interruption in the business caused by a material loss or damage to the property due to fire.

Personal (Structure and Contents) policy is protected under the Policy Owners’ Protection Scheme [View Details]

The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits; or contact our Tenet authorized agent or your insurance broker for more details.