Hotel Owners All Risk
This policy provides an extensive cover for the protection of hotels and is ideal for hotel owners, new entrepreneurs/ investors to hedge it against serious losses which might occur in the life of a hotel.
- Fire & Allied Perils such as Lightning, Explosion, Aircraft, or other aerial devices or articles dropped there from Impact by vehicles, watercraft, locomotives or rolling stock, Earthquake, Riot, Strike, Civil commotion, Malicious damagem Busting or overflowing of water apparatus (including sprinkler leakage)
- Theft or attempted theft
- Various liability Risks such as Inn Keepers Liability, Public Liability, Automobile Liability, Employer’s Liability
- Signage and Plate Glass
- Machinery Breakdown
- Consequential loss
- Fidelity Guarantee etc
Extensive cover is available with a variety of optional coverages, thus providing a tailored policy apt to the requirement of the insured Hotel.
- Surrounding Properties details
- Infrastructure of Hotel
- Values of the assets to be insured
- Previous Loss history of any
- Profile of the Hotel and its operations/ management