Fire & Property Insurance
Through the Fire & Property Insurance product, Tugu Insurance provides protection for your assets, buildings, and what’s inside. You’ll be able to live safely and comfortably without any worries.
Fire and Property Insurance
With more than a quarter of a century experience as a trusted insurance company, we cover damage or loss of property that you own with fire & property insurance protection. To find out more information complete information regarding fire & property insurance that is right for your needs, please contact us.
What kinds of guarantee do we provide?
- Primary Assurances
- Airplane crash
- Additional Assurances
Typhoons, hurricanes, floods, and water damages
Riots, strikes, unpleasant acts
What types of risk that are not guaranteed?
- Excluded Risks
- Theft and/or loss during and after the event guaranteed by the insurance Policy;
- Deliberation of the Insured, representative of the Insured, or other parties at the instruction of the Insured;
- Intentions of other parties with the knowledge of the Insured;
- Deliberate mistakes or omissions by the Insured or the representative of the Insured;
- Fires of the forest, bush, reed, or peat;
- All kinds of explosives;
- Nuclear reaction;
- All forms of business disruptions.
- Excluded Objects and Interests
- The spread of fire or heat that arises on its own or because of the nature of the goods themselves;
- A short-circuit that occurs in a unit of electrical or electronic equipment;
- Goods belonging to other parties which are stored and/or deposited;
- Motorized vehicles, heavy equipment vehicles, locomotives, aircraft, ships;
- Precious metals, jewelry, or precious stones;
- Antiques or arts;
- All kinds of texts, plans, drawings, or designs;
- Stocks, bonds, shares, or all kinds of securities;
- Computer software, magnetic cards, chips;
- Foundation, underground building, fence;
- Wood trees, plants, animals;
- Parks, lands, waterways, roads.
Further information about excluded risks is as stated in the policy provisions.
Who Can Use This Fire & Property Insurance Product?
- Personal/individual owner of the building and/or its contents
- Building company and/or its contents
- Banks or other financial institutions
The insurance premium rates have been adjusted to the provisions of the Financial Service Authority Circular Letter Number 6/SEOJK.05/2017.