Workplace insurance protects commercial enterprises against various risks.
Standard Coverages
- Fire
- Theft
- Flood
- Glass breakage
- Third party liability
Additional Coverages
- Business interruption (loss of profit)
- Electronic device
- Money security
- Employee liability
Evaluation Determination
- Building insurance cost
- Fixture + commodity cost
- Incomplete insurance = proportional compensation
- Overinsurance = loss from premium
Damage Process
- Report the incident within 5 business days
- Police report (theft/fire)
- An expert is appointed
- Compensation is paid
Supreme Court 11. HD
11. HD accepts that workplace insurers should interpret policy articles in favor of the insured, and that in case of uncertainty, a result will be in favor of the insured.
Insurance law lawyer is recommended.