Condo Security is a property insurance covering residential condominium's contents and imporvements. Qualified to avail of this product are condominium unit owners or tenants
FEATURES
Basic Plan
- Property Damage Insurance
Covers your property agains damage caused by fire and lightning
- Personal Accident
Covers you agains accidental death and disablement.
- Third Party Liability
Protects you andyour hosehold members against accidental bodily injury or propety damage caused to any third party/ies.
- Fire fighting Expense and Debris Removal
Up to Php 10,000 reimbursement of costs incured to minimize fire damage and up to Php 10,000 reimbursement of cleaning costs after a fire and other insured peril/s.
- Rental Expense
Covers up to Php 60,000(Php 10,000/month) reimbursement costs for occupants temporary displacement brought about by loss or damage to property caused by inured peril/s
- Rental Income
Covers up to Php 60,000(Php 10,000/month) for loss of income if you are the landlord and there is an existing lease contract on the unit and the same becomes uninhabitable due to damage brought about by the insured peril/s.
- Additional Coverage
Parking slot damages, deterioration of stocks and accidental breakage of fixe mirrors.
Comprehensive Plan
Basic Plan plus additional Coverage for:
- Property Damage Insurance
Covers your property and works of art items (up to Php 100,000 only) agains damage caused by fire and lightning, typhoon, explosion, aircraft damage, riot, strike and malicious damage, earthquake (fire and shock), flood, smoke, vehicle impact, hosebreaking, burglary, and Bursting or Overflowing of Water Tank, Apparatus and Pipes (BOWTAP).
- Personal Accident
Covers you and your family against accidental death and disablement.
- Robbery/Burglary
Protects you agains loss of property.
- Household Helper Coverage
Protects the welfare and property of household helpers.
NOTE : Maximum Property Insurance coverage is 10 Million.
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