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What documents are needed for fire insurance?

 
A. Building 
  • Completed Proposal Form 
  • Complete Checklist Items Submission 
  • Detailed List of Furniture, Fittings, Assets, and Machinery
  • Copy of Invoice (or) Contract (or) Purchase Order (or) Lease
  • Copy of Owner Certificate (or) Rental Contract 
  • Copy of NRC (for individual) 
  • Copy of Company Registration & Dominant Shareholder Information (For Company) 
  •  
    B. Stocks
  • Completed Proposal Form 
  • Complete Checklist Items Submission 
  • Detailed Stock List 
  • Ledger 
  • Copy of NRC (for individual) 
  • Copy of Company Registration & Dominant Shareholder Information (For Company) 
  • How much is the premium for 1 year?

    Based on the building’s class, occupation and surrounding, the premium rate may vary from 0.35 % to 3.50 %. To get the exact premium amount, the proposed building will be checked by surveyors to calculate the premium rate. Premium must be paid by lump sum before policy inception.

    What should I do if I want to change building occupancy, owner name, etc?

    You should contact AYA SOMPO Customer Service – 09 777 100 555 or respective sale staffs for endorsement. You would need to fill in the endorsement form and provide require documents. The refund or additional premium will be charged depends on your changes. 

    What are the fire insurance coverage?

    Fire insurance basic covers:
    i. Fire & Lightning
    ii. Accidental Fire
    iii. Domestic Gas Explosion

    What are the fire insurance additional coverage?

    Customer can purchase additional covers alongside basic fire cover.  Additional covers are as follows:
    i. Riot fire , Strike damage including fire and malicious damage (premium payable 0.06 % on total coverage amount)
    ii. Aircraft Damage ( premium payable 0.10 % on total coverage amount)
    iii. Impact Damage ( premium payable 0.10 % on total coverage amount)
    iv. Subsidence and landslide (premium payable 0.10 % on total coverage amount)
    v. Earthquake fire, fire and shock damage caused by earthquake (premium payable 0.10 % on total coverage amount)
    vi. Explosion (premium payable 0.10 % on total coverage amount)
    vii. Spontaneous Combustion ( premium payable 0.08 % on total coverage amount)
    viii. Various Storms (i.e., Typhoon, Hurricane, Tempest, etc.) (premium payable 0.20% - 0.25 % on total coverage amount)
    ix. Flood and Inundation (premium payable 0.10 % on total coverage amount)
    x. Burglary (premium payable 0.25% – 0.75 % on total coverage amount)
    xi. War Risk (premium payable 0.10 % on total coverage amount)

    What should I do if I want to cancel my policy?

    You should contact AYA SOMPO Customer Service – 09 777 100 555 or respective sale staffs for cancellation process. You would need to fill in the cancellation form. The premium will be refunded depends on remaining insurance period.