SME Ultra Value
Safeguard your business with a comprehensive insurance plan. Enhance protection for greater peace of mind—so your business can grow with confidence. Protect your business and empower it to grow securely in any situation with SME Ultra Value—an insurance plan designed for various types of businesses. Enjoy valuable coverage tailored to your unique needs, safeguarding your assets from damage and providing additional special protections for extra peace of mind.
Benefits at a glance
Summary of Benefit
SME Ultra Value plan offers more comprehensive coverage for medium-sized and small-sized businesses in 4 following groups:
1) Office, dormitory, apartment, guest house, school, educational institute, association, fitness, clinic, nursery.
2) Restaurant, hotel, internet shop, café and bakery shop, beauty salon, spa, and beauty clinic.
3) Retail shop, laundry, photo shop, cloth shop, watch shop, tailor shop, name card printing shop, drug store, gift shop, pet food shop, electric appliances repair shop
4) Shops and restaurants located in the shopping mall and department store.
This plan gives coverage to the building insured (excluding foundation) and other contents within such premises from the main coverage and other special coverages provided by the Company.
Coverage
Main Coverage |
Sum Insured (THB) |
1. Fire, lightning, explosion, water damage, earthquake or volcanic eruption or tidal wave or tsunami, aircraft, vehicle impact, strike riot or malicious act (excluding any action for political religious or ideological purpose), windstorm, hail, smoke. |
500,000 - 50,000,000
|
2. Flood |
not exceeding 100,000 any one occurrence and per year |
3. Electrical injury |
not exceeding 100,000 any one occurrence and per year |
Special Extended Coverage |
Limit of Liability (THB) |
1. Loss or damage caused by burglary to the insured property with forcible entry/exit, including robbery at insured premises. |
not exceeding 200,000 any one occurrence and per year |
2.. Money insurance (Por Ngor 2) - Loss of money inside the premises (during working hours) - Loss of money inside safe or strong room (after working hours) |
not exceeding 100,000 any one occurrence and per year |
3.Loss of damage to plate glass caused by accidental breakage |
not exceeding 100,000 any one occurrence and per year |
4.Third party liability for bodily injury and property damage within the insured premises
|
not exceeding 200,000 any one occurrence and per year |
5. Cost of debris removal from loss under major coverage 1. |
not exceeding 10% of loss any one occurrence |
6. Cost of fire extinguishing
|
not exceeding 10% of loss any one occurrence |
7. Cost of fire brigade charges
|
not exceeding 10% of loss any one occurrence |
8. Personal effects |
not exceeding 2,000 per person and 100,000 any one occurrence |
Terms and Conditions
- The package applies to superior class (Concrete with steel roof beam and tile roof). For upcountry, premise must locate in general common area only.
- This package is excluding the premise located in Yala, Pattani and Narathiwas.
- The insured’s premise must not be located in a dangerous zone announced by the Office of Insurance Commission (OIC).
- The company’s total limit of liability must not exceed the sum insured under primary coverage 1.
- The Company shall reserve the rights to extend the flood limit in flood-prone area or the area with flood damage in the past 3 years.
- The company will inform in advance in the event of survey is required.
- This package offers 1 or 3-year coverage.
- This package offers a policy per location.
- Terms and conditions and exclusions are as specified in the insurance policy.
General Exclusions
- Wooden or half wooden premises or located in a conflagrative block or slum.
- Valuables such as banknotes, bonds, gold and gold bullion, documents, manuscripts, diagrams, paintings, securities, molds or blocks, stamp duty, etc.
- Glassware, porcelain, marble, or fragile objects
- All explosive items, all vehicles, either road-use, waterborne, or airway
- War and terrorism exclusion
- Electronics data and internet exclusion
Disclaimers
- *This content does not constitute an insurance policy. Prospective buyers are advised to carefully review all coverage details and conditions before making any insurance purchase decisions.
- *Insurance coverage is underwritten by Chubb Samaggi Insurance Public Company Limited, located at 2/4 Chubb Building, 12th Floor, North Park Project, Vibhavadi Rangsit Road, Thung Song Hong Subdistrict, Lak Si District, Bangkok 10210.
- *All services are subject to the terms and conditions as specified by the company.