Solution

Extended Coverage Coverage

Our services:

  • Fire and explosion protection
  • Burglary and vandalism
  • Water damage from tap water
  • Natural phenomena such as storms, hail, lightning strikes, and floods
  • Damage caused by technical equipment such as machinery or electronics
  • Business interruptions caused by damages

Extended Coverage

As the name suggests, EC coverage, or Extended Coverage, is an extension of the scope of coverage of another property insurance. EC coverage thus offers more extensive protection than traditional commercial insurance.

While standard coverage protects against basic risks, extended coverage insurance also includes rare and unforeseen events.

The result is more comprehensive protection for the company in the event of a claim.

With EC coverage, for example, damage caused by natural events such as storms or floods is covered, as well as damage caused by burglary, vandalism, or technical defects.

Typical examples of damage

Typical examples of claims for extended coverage insurance include damage caused by natural disasters such as storms, floods, or earthquakes. However, burglaries, thefts, and vandalism can also be covered by the insurance. Also covered are damage caused by fire, water damage, or technical defects in machinery and electronics. In addition, the insurance is also suitable for business interruptions caused by damage. This allows the company to continue operating even in difficult times, and the loss is covered by the insurance.

EC coverage is particularly suitable for companies and industries that are exposed to particularly high risks. These include, for example, companies in the construction industry that face large machinery and hazards from natural events.

However, manufacturing companies that rely on functioning technology should also take out Extended Coverage insurance. Other industries that can benefit from such insurance include logistics and transport companies, as well as businesses in the renewable energy sector.

Your benefits with us

personal
Customer service

individual
Risk analysis

Development of Needs-Based Concepts

Consultation on mechanical and electronic security measures for loss prevention

regular review
Your contracts

excellent
Partner network

Any questions?
How can we help?

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