Property & Business Interruption Insurance

MAJOR INSURANCE OBJECTIVES OF PROPERTY INSURANCE:

1. Office, factory
2. Production machinery and equipment
3. Stocks
4. Portable property
5. Other properties
6. Lost profits and expenses incurred due to business operations being affected by the loss of the insured property

MAIN INSURANCE BENEFITS:

1. Fire and Special Perils Insurance
    It helps protect your property from any loss or damage caused by various hazards such as:

• Fire
• Explosion
• Aircraft and other air vehicles or objects falling from them
• Disruption, strike, workers closing the factory
• Malicious actions
• Earthquakes, volcanic eruptions
• Thunderstorms, storms, floods
• Water escaping from water tanks, water storage equipment or water pipes
• Collision by motor vehicle or animal, direct damage arising from the collision
• Leakage of water from an automatic sprinkler system
• Includes compulsory fire and explosion insurance in accordance with current legal regulations (Decree 67/2023/NĐ-CP and Decree 105/2025/NĐ-CP)

2. Property All Risks Insurance

• It helps protect your property from any unforeseen unexpected physical loss/damage that is not excluded by the wording/policy.
• The scope of coverage is more comprehensive than Fire and Special Perils Insurance
• Includes compulsory fire and explosion insurance in accordance with current legal regulations (Decree 67/2023/NĐ-CP and Decree 105/2025/NĐ-CP)

3. Business Interruption Insurance

• Coverage for Lost Profits due to reduced sales and additional costs incurred when business is stopped or stopped following the loss of the insured property

GENERAL EXCLUSION OF POLICY:

1. Fraud and wilful acts of the Insured
2. War
3. Political and sanction risks
4. Terrorism risks
5. Radioactivity, nuclear weapons materials
6. Risk of computer software, informatics
7. Pets, crops, gold, silver, gems
8. Boats, motor vehicles
9. Unprotected outdoor property
10. Mechanical and electrical failure of machinery and equipment
11. Wear and tear from use