Commercial Insurance
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In today’s ever-changing environment, we understand the tough challenges faced by the Small & Medium Enterprises (SMEs) as well as large commercial enterprises.
At Bizciti, we perceive that you can’t possibly outrun your risk, but you can always prepare for it. We will help assess your business and situation to have crafted a cost-effective solution that fit your needs and be sure that you get the right protection. |
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SME Package Insurance
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The SME solutions cover up various operational risks including financial losses, employees’ health benefits, theft, fire, natural disasters, accidents and more.
The industries that are under protections are, |
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| Education |
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Food & Beverages (F&B) |
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| Health, Beauty and Spa |
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Hotels and Hospitality |
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| Medical / Dental Centres, Including Small Hospitals and Medical Consultants |
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Office and Services |
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Retailers |
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Group Medical Insurance
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Your staff’s health and well-being are crucial to the success and prosperity of your company. A comprehensive and inclusive medical insurance protects the employees and their families in the ever-increasing medical costs.
Whilst, it is a valuable tool to ensure employee retention, and employees only have to focus on being productive. Subsequently, the company will be highly sought after by future employees.
Group Medical Insurance covers the medical expenses of a group of members, from consultation to hospitalization and medication. (This group of members are usually comprised of company employees or members of the organization) |
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Group Personal Accident
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Accidents are unforeseen circumstances that can occur anytime or anywhere. Workplace injuries can disrupt your business and lead to costly compensation payments.
We will work with you together in finding a solution that help creates a safer and more productive workplace.
Group Personal Accident Insurance covers the expenses and compensates to a group of members in the event of injuries, permanent disability, or death caused by accident, or external events. (This group of members are usually comprised of company employees or members of the organization)
Coverage includes of, |
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| Accidental Death Benefit |
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Permanent Total Disability |
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| Medical Expenses due to an Accident |
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Hospital Cash |
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| Funeral Expenses |
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Additional Indemnity for Public Conveyance |
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| Fractured Bones |
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2nd and 3rd Degree Burns |
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Liability Insurance
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Regardless of your business size or nature, business are always fill with uncertainties. There might be times where you might be legally liable due to negligence from you or your employees.
We’ll work with you to manage your business risks and an insurance package that makes sense for your business.
Liability Insurance covers and protects businesses of all sizes in the event vendors or clients are suing you, or any third party claims occurrence. |
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General / Public Liability Insurance
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Public Liability Insurance may suits you more if your business works with the public. For instance, shops, cafes, restaurants, wholesalers, retailers, building contractors and more.
It protects you or the company against legal action taken by a member of the public in the event of accident or damages caused towards the claimants. As such, bodily injuries, losses or damages to the property etc.
Coverage includes of, |
- Personal and Advertising Liability
- Extension to Cover Miscellaneous Errors and Omissions
- Extension to Cover Employer’s Liability Exposure
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Product Liability Insurance
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If your business sells goods or products to the general public, you’re liable to the products or goods you’re selling. When you hand out the products to customers, you’ll never know what will happen.
A typical situation may be like, a customer who is sensitive to nuts took your pastries and caused the customers to be hospitalized. Hence, the Product Liability Insurance may fit more towards small businesses like the bakeries, homemade brands, clothing sellers, toy stores, pet stores, home improvement sellers and more.
Should there be consequences of bodily injury or property damage caused by using your business’s sold goods or products, the Product Liability Insurance will protect your business financially and legally.
Coverage includes of, |
- Personal and Advertising Liability
- Extension to Cover Miscellaneous Errors and Omissions
- Extension to Cover Employer’s Liability Exposure
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Professional Indemnity
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From defamation to intellectual property infringement, from errors to omissions or negligence that cause your clients to lose money. Even as experienced professionals, you’re exposed to the risk of being sued.
Professionals like accountants, architect, business & management consultants, IT engineers, designers and more are likely to be needing Professional Indemnity Insurance. A scenario like this may happen; due to the negligence of a tax accountant by missing the submission timeline to cause a penalty to the client. This insurance may cover the legal costs and compensation payments to the client.
It protects you against allegations of mistakes or negligence in work you have undertaken for your client.
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- Protects you against civil liability for any breach of professional duty in the conduct of your professional practice
- Provides cover for settlements, compensatory damages awarded against you as well as defense costs and expenses associated with civil actions
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Apartment / Condominium Insurance
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Life is always out of blue and unnecessary disruptions are unwanted.
Hence, by keeping the property safe is essential. This solution covers losses from risks as well as protects the property damages, liability and other exposures.
Every residential that includes apartment/ condominium has its risks. The solution pack for these are different. Coverage includes, |
- Money
- Burglary
- Plate Glass
- Fidelity Guarantee
- Machinery Breakdown
- All Risks
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Errors & Omissions
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Errors & Omissions insurance protects the company, employees, professionals against accusations of substandard work, or negligence made by clients. Sometimes, breach of contract, missing deadlines, professional negligence, and others incident are hard to conceal. Hence, even experienced officials are exposed to the risk of being sued by the client.
Professionals who likely to be giving advice or services to clients, such as consultants, financial advisers, insurance agents/brokers, lawyers, doctors, medical practitioners, dentists, IT consultants, IT professionals, and more, are apparent to be needing the Errors & Omissions Insurance.
It covers you from legal fees, as well as judgment and settlements. |
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Fire Insurance
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Fire insurance is the financial safety net to protect you and your business assets, from losing your financial security or derailing your long term financial goals due to unexpected incident caused by fire, lightning, or domestic explosion.
You may also consider adding on to your fire insurance coverage with Special Perils as below, |
- Inconvenience Relief Benefit (IRB)
- Consequential Loss
- Terrorism
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