Business Cover option

What is covered

• Business Equipment, Documents and Records
• Business Money
• Replacement Staff
• Additional Personal Accident

SECTION 9 – BUSINESS SUPPLEMENT COVER

NOTE: Section 9 only applies if You have opted to purchase the Business extension and this is shown in Your Schedule of Insurance.

SECTION 9.1 – Business Equipment Documents and Records

What is covered

9.1.1 Business Equipment
We will reimburse You up to the sum insured shown in Your Schedule of Insurance in respect of the cost of the repair or replacement for Business Equipment in Your care, custody or control which is lost, damaged, stolen or destroyed.

9.1.2 Business Documents and Records
We will indemnify You up to the sum insured shown in Your Schedule of Insurance in respect of the cost of replacing or restoring Business Documents and Records which are Your Property or responsibility, following loss or damage during the Trip.

What is not covered in respect of business equipment

In addition to the General Conditions and Exclusions on pages 14 to 19:

1. the Excess amount shown in Your Schedule of Insurance.

2. claims arising for theft which are not reported to any appropriate police authority within 24 hours of discovery and an official report obtained.

3. claims arising for loss or damage which are not reported to any appropriate authority within 24 hours of discovery and an official report obtained and specifically for claims arising against common carriers and hotels. In the case of an airline, a Property Irregularity Report will be required.

4. loss, theft of or damage to Business Equipment left unattended by You in a public place, or location that the public has access to at any time.

5. any loss of, theft of or damage to Business Equipment left in an unattended motor vehicle if: i. it has not been locked out of sight in a secure baggage area of the vehicle; ii. no forcible and violent means have been used by an unauthorized person to gain entry into the vehicle; and iii. no evidence of such entry is available.

6. any loss of, theft of or damage to Business Equipment: i. left in checked-in baggage, whilst in the custody of a carrier; and/or ii. packed in baggage left in the baggage hold, or storage area of a carrier; or iii. left in a left baggage facility, which includes, but is not limited to, the left baggage storage area of a hotel or other accommodation supplier; a locked left luggage locker.

7. any loss of, theft of or damage to Business Equipment left unattended at Your accommodation other than in securely locked accommodation which is for Your sole use.

8. liability in respect of a pair or set of articles, We will be liable only for the value of that part of the pair or set which is lost or damaged.

9. loss or damage caused by wear and tear, depreciation, deterioration, atmospheric or climatic conditions, moth, vermin, any process of cleaning, repairing or restoring, or any gradual occurrence.

10. any claim for loss or damage to Business Equipment in a suitcase, bag or other item of luggage caused by contact with perishable goods or liquid which has escaped from its bottle, jar or other receptacle.

11. electrical or mechanical breakdown or malfunction.

12. damage to china, pottery, glass or other fragile or brittle articles, other than photographic equipment and telescopic lenses, unless by fire, or resulting from an Accident to a seagoing vessel, aircraft or vehicle.

13. any loss of, theft of or damage to the following items: a. cycles, jewellery or unset precious stones, b. accessories and/or subscriptions, unused rental charges, or pre-payments of mobile or satellite phones.

14. confiscation or detention by customs or other governmental authority.

15. Business Equipment in checked-in baggage that has not been retrieved and taken to Your accommodation address.

16. in respect of musical instruments loss or damage to any reeds, strings or other replaceable accessory needed to play the instrument or to the instrument while it is in use.

What is not covered in respect of business documents and records

In addition to the General Conditions and Exclusions on pages 14 to 19:

1. any loss or theft not reported to the local Police within 24 hours of discovery and an official report obtained.

2. loss, theft or damage to Business Documents and Records: i. from a motor vehicle left unattended at any time; or ii. left in checked-in baggage, whilst in the custody of a carrier; and/or iii. packed in baggage left in the baggage hold, or storage area of a carrier; or iv. left in a left baggage facility, which incudes, but is not limited to, the left baggage storage area of a hotel or other accommodation supplier; a locked left luggage locker.

3. Loss, theft of or damage to Business Documents and Records left unattended by You in a public place, or location that the public has access to.

4. any claim for loss or damage to Business Documents and Records in a suitcase, bag or other item of luggage caused by contact with perishable goods or liquid which has escaped from its bottle, jar or other receptacle.

5. confiscation or detention by customs or other governmental authority.

SECTION 9.2 – Business Money

What is covered

We will reimburse You, up to an amount not exceeding the sum insured shown in the Your Schedule of Insurance, if during the Trip, Business Money is lost, stolen or destroyed.

What is not covered

In addition to the General Conditions and Exclusions on pages 14 to 19:

1. any loss not reported to the local Police within 24 hours of discovery and an official report obtained.

2. loss of, theft of or damage to personal Business Money: i. from a motor vehicle left unattended at any time; or ii. left in checked-in baggage, whilst in the custody of a carrier; and/or iii. packed in baggage left in the baggage hold, or storage area of a carrier; or iv. left in a left baggage facility, which includes, but is not limited to, the left baggage storage area of a hotel or other accommodation supplier; a locked left luggage locker.

3. loss of, theft of or damage to Business Money left unattended by You in a public place, or location that the public has access to or unattended at any other time unless deposited in a hotel safe, or safety deposit box.

4. any claim for loss or damage to Business Money in a suitcase, bag or other item of luggage caused by contact with perishable goods or liquid which has escaped from its bottle, jar or other receptacle.

5. Business Money lost in currency exchange, or through errors or omissions in transactions or purchases.

6. loss of Business Money contained in baggage whilst such baggage is in the custody of Carriers and outside Your control.

7. confiscation or detention by customs or other governmental authority.

8. Business Money for which You have not provided evidence of its withdrawal from a bank or other financial institution or other evidence of its existence.

SECTION 9.3 – Replacement Staff

What is covered

We will reimburse You up to an amount not exceeding the sum insured shown in the Your Schedule of Insurance for any costs reasonably and necessarily incurred during the Trip as a direct result of Your Bodily Injury or Illness which, in the opinion of a Medical Practitioner, will last for a period of more than seventy two (72) hours, to send one substitute person to complete Your original business commitments and objectives.

What is not covered

In addition to the General Conditions and Exclusions on pages 14 to 19

1. the Excess amount shown in the Your Schedule of Insurance.

2. Expenses that You have paid or budgeted to be pay before the commencement of the Trip.

SECTION 9.4 – Additional Personal Accident

What is covered

The Benefits provided under Section 3 – Personal Accident are multiplied by two when You are travelling on a pre-arranged business Trip in which Your transportation and accommodation expenses have been paid for by Your employer or You, if You are self- employed, and proof is provided that the primary purpose of the Trip was the furtherance of Your business. All other terms, conditions and exclusions apply as per Section 3.