Insurance that helps protect your company's assets and property against damage or loss caused by various perils, such as fire, theft, vandalism, and natural disasters.
Product Benefit
Material Damage Covers all physical loss or damage that is unforeseen and accidental, other than those specifically excluded in the General or Special Exclusions, and requires repair or replacement.
Business Interruption Covers the loss of profits of a company due to business interruption caused by physical damage or loss due to a risk covered under Section 1 (Material Damage).