| Q |
Who needs property insurance? |
| A |
If you own or run your own business, rent or own your own premises then your business is exposed to risks throughout the year. An Industrial Special Risks (ISR) policy will offer wider insurance coverage for larger companies. A Commercial Package policy insuring fire and named perils provides insurance for small and medium enterprises. Named perils can include among others lightning, flood, earthquake. |
| Q |
What is an ISR policy and how does it differ from Fire and Named Perils? |
| A |
An ISR policy covers all perils except those excluded whereas a Fire & Named Perils policy will insure only specific perils. |
| Q |
Do commercial packages cover cyclone? |
| A |
No. But QBE can extend the policy to provide cyclone cover. Please contact your broker or QBE for further details. |
| Q |
How do I insure my loss of gross profits? |
| A |
Please contact your insurance broker or QBE for advice on Business Interruption insurance to help cover your loss of gross profits adequately. |
| Q |
Is it important to fill in a proposal? |
| A |
It is important that you provide us with the most recent facts about your business on a proposal form so we can tailor the policy to suit your needs. |
