Union Hoteliers Protector
This policy has been designed to give Hoteliers a comprehensive and adequate protection to safeguard against all the risks and contingencies associated with the Hotel trade.
Sum Insured: The sum insured on property and electronic equipment must represent reinstatement value other than stocks which should be on cost value.
What it covers
The scope of cover under the policy is divided in to:-
- Section 1 - Property damage covering building and contents for Fire and allied perils including burglary, temporary removal, accidental breakage of glass, removal of debris, architects fees, sign boards, fire brigade clause and public authorities clause.
- Section 2 - Business interruption
- Section 3 - Money
- Section 4 - Electronic Equipment
- Section 5 - Workmen's compensation
- Section 6 - Public liability
- Section 7 - Fidelity guarantee
- Riot & Strike and Terrorism to applicable sections
* Section 1 is compulsory
Major exclusions
- Political risks exclusions
- Radioactive exclusions
