| Standard coverage |
| 1. Fire, lightning (including damage to electrical appliances and short circuit in electrical devices caused by lightning,) explosion, and perils from land vehicles, air vehicles, and water (excluding floods). |
A compensation payment shall be according to actual damage but not exceeding the sum insured. |
| 2. Windstorm, floods, hail, and earthquake or volcanic eruptions. |
A compensation payment shall be according to actual damage but all compensation payments for all events together shall not exceed Baht 20,000. |
| Special Coverage |
| 3. Windstorm, hail, earthquake or volcanic eruptions, as well as protests, strikes, riots, or malicious acts. |
A compensation payment liable for each event shall be according to actual damage but not exceeding 30% of the sum insured. (In the case where the damage exceeds the coverage as per Item 2.) |
| 4. Damage to electrical appliances. |
Baht 20,000 or 5% of the sum insured, whichever is higher. |
| 5. Valuable antiques or art objects. |
Baht 30,000 |
| 6. Rental fees of temporary accommodations during the process of repairing the building with the damage covered under Item 1 to the extent where it is not possible to continue living there. |
A compensation payment shall be according to actual damage with the coverage benefits as follows: |
| - Not exceeding 50% damage |
The coverage limit shall be up to Baht 1,000 per day or a total of not exceeding Baht 30,000. |
| - More than 50% damage |
The coverage limit shall be up to Baht 1,000 per day or a total of not exceeding Baht 60,000. |
| - 100% damage |
The coverage limit shall be up to Baht 1,000 per day or a total of not exceeding Baht 120,000. |
| 7. Repairs of buildings (excluding fences and fence gates) caused by theft. |
Baht 50,000 |
| 8. Cash, in case of no separate insurance policy. |
Baht 20,000 |
| 9. Expenses for re-producing original documents and copies. |
Baht 15,000 |
| 10. A compensation payment for the damage based on the increased value of the property caused by inflation. |
A maximum of 10% of the value of the damaged property. |
| 11. Expenses for propping up, dismantling, demolishing and removing the debris of the property. |
A maximum of 10% of the sum insured. |
| 12. Professional fees in respect of architects and engineers for price assessment, design, and control of repair or rebuilding works. |
A maximum of 10% of the sum insured. |
| 13. Fire extinguishing expenses. |
According to actual expenses but not exceeding the sum insuredใ |
| 14. Expenses to protect the damaged building while waiting for repairs or rebuilding. |
Baht 10,000 |
| 15. Expenses to control or suppress perils. |
According to actual expenses but not exceeding the sum insured. |
| 16. Awnings, blinds, signs, signboards or other outdoor fixtures or fittings. |
Baht 15,000 per year. |
| 17. Trees planted for decoration purposes. |
Baht 1,000 per tree, with a total of not exceeding Baht 10,000/year. |
| 18. Building structures outside the insured premises. |
Baht 20,000 per year. |
| 19. Water leaks in the automatic sprinkler system. |
Baht 10,000 per year. |
| 20. Expenses in respect of fire responders. |
5% of the value of the damaged property. |
Assessment prices for Rebuilt or New Properties :
- Building structures (excluding foundation parts): About Baht 8,000-12,000/sq.m.
- Foundation parts of the building structures: About 20-30% of the assessment prices of the building structures.
- Assets within the building structures: About 30-50% of the assessment prices of the building structures.
* Such assessment prices can be adjusted by the insured according to actual details of the property.
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Assets Covered :
- Building structures: This includes garages and accessory buildings, walls, fences, doors, and additions/extensions as well as foundation parts, electrical system, water utility system, or drainage system.
- Assets within the building structures: Furniture, fittings and fixtures, utensils and appliances, electrical appliances and equipment, and other household items.
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