Property Business Insurance

Protect your place of business, equipment, and machineries from accidental damage and loss to ensure business survival and continuity should any mishap arise.

Sompo Commercial Property Insurance


Fire and Extraneous Perils

Covers the loss or damage to the insured property due to:

  • Fire
  • Aircraft damage
  • Bursting or overflowing of water tanks, apparatus or pipes
  • Earthquake, volcanic eruption, hurricane, cyclone, typhoon and windstorm and flood arising therefrom
  • Full flood
  • Explosion
  • Impact by road vehicles
  • Riot and strike
  • Malicious damage


All Risk

Covers accidental loss of or damage to the insured property unless otherwise specifically excluded in the policy.

Machinery & Equipment

Covers the reinstatement or repair of the lost or damaged Machinery and Equipment caused by any of the Contingencies.

Consequential Loss

Covers the indemnity of any interruption in the business caused by a material loss or damage to the property due to fire.

Basis Of Sum Insured:

Property Damage
Sum insured can be arranged as follows:

  1. Indemnity Basis: Represent the depreciated value of the property Insured
  2. Reinstatement Value/Replacement Value (Excluding Stock): Cost of reinstating or replacing of the same kind or type but not superior when new

Business Interruption
Gross profit: (Turnover + Closing stock) – (Purchases + Uninsured working expenses + Opening Stock)

Information Required for Underwriting Consideration

Property Damage
Name of Insured, Nature of Business, Interest to be Insured, Location of Risk, Type of Construction, Occupancy, Sum Insured, Claim History

Business Interruption
Interest to be Insured (gross profit, gross revenue or increased cost of working, professional accountant fees, rent receivables), Indemnity Period, Sum Insured, Claim History

Important Notice

Policy Owners’ Protection Scheme
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites ( or or


The product information detailed in this section does not outline all aspects of cover nor does this serve as an insurance contract. Please refer to a copy of our policy wording, which is available on request, for details of the coverage conditions and limits; or contact our Sompo authorised agent or your insurance broker for more details.

Liberty Business Property Insurance

All Risks Insurance

Protect your industrial, commercial or office machinery and equipment against accidental loss or damage

Like all your other precious assets, machinery and equipment should be properly maintained and insured at all times. This is because they are still susceptible to accidental loss or damage, which may call for costly repair or replacement.

Liberty’s All Risk Insurance is the solution to protecting all your machine and equipment against unforeseen and sudden loss or damage arising from any peril not specifically excluded.

Subject to policy terms, conditions and exclusions.

Boiler and Pressure Vessel Insurance

Protect against damage to boilers due to an explosion or collapse

The operation of boilers and pressure vessels, no matter how robustly built or maintained, carry the inherent risk of explosion or collapse. Accidents involving boilers or pressure vessels can be extremely costly in terms of injury or loss of life, damage to property as well as the repair and replacement of the equipment itself.

Take up our Boiler and Pressure Vessel Insurance to cover against the risk exposures of material damage and third party liability arising from the operation of boilers/pressure vessels.


Subject to policy terms, conditions and exclusions.

Burglary Insurance

Secure your physical property

While the occurrence of a serious crime like burglary is relatively low in Singapore, it is still a concern as it can be a particularly traumatic experience should one becomes fall victim to it.

Take up our Burglary insurance to cover the financial loss arising from stolen or damaged property and belongings in the event of forced entry into your premises.


Subject to policy terms, conditions and exclusions.

Consequential Loss Insurance

Be protected against the loss of profit arising from a loss covered under a property material damage policy

A property damage insurance policy such as a Fire or Industrial All Risks insurance provides coverage for the costs of repairing, reinstating or replacing damaged property. However, in the event of material damage or loss, such property policies do not cover the loss of profit or mounting work related costs resulting from an interruption in the business.

We know that an extended disruption due to more serious occurrences such as fire or flood can greatly affect your business. That is why we recommend you to take up Liberty’s Consequential Loss Insurance as it protects your business against financial loss following an interruption in your business due to a loss or damage covered under a property insurance policy.


Subject to policy terms, conditions and exclusions.

Electronic Equipment Insurance

Protect your electronic equipment against accidental loss or damage

Modern businesses have become dependent on electronic equipment, and data is increasingly being stored and accessed electronically.

Take up Liberty’s Electronic Equipment Insurance plan to safeguard your company’s equipment against accidental loss or damage.

This policy can also be extended to cover work related costs incurred from the accidental damage of the equipment.


Subject to policy terms, conditions and exclusions.

Fire & Extraneous Perils Insurance

Protect your property and assets against fire and named perils losses

Fire, accidental water damage, flood damage and other named perils that may occur on your property can cause significant losses.

Ensure sufficient coverage of your building, machinery, inventory and other contents by taking out a Fire and Extraneous Perils policy with us. Protect your business against accidental loss or damage arising from a comprehensive list of perils, such as fire, lighting, explosion, water damage, flood, riots, strikes and other named perils as stated in the policy.


Subject to policy terms, conditions and exclusions.

Industrial All Risks Insurance

Protect your property and assets against accidental loss or damage

Don’t just restrict your business’ coverage to Fire and Named Perils. Instead, enjoy a wider scope of cover on your property with an Industrial All Risk policy that encompasses accidental loss and property damage.

In addition, Business Interruption or Consequential Loss coverage can come into effect under this policy.


Subject to policy terms, conditions and exclusions.

Machinery Breakdown Consequential Loss Insurance

Total coverage during machinery breakdown

Machinery breakdown leads to an interruption of production, and can potentially cause significant loss in terms of reduced turnover or increased costs of working during down time.

Ensure business continuity with our Machinery Breakdown Consequential Loss Insurance policy, in conjunction with our Machinery Breakdown Insurance policy.

Get the peace of mind you seek in the event of any unforeseen breakdowns that can affect your business.


Subject to policy terms, conditions and exclusions.

Machinery Breakdown Insurance

Protect against your losses arising from accidental breakdown of your machinery

Machines are a crucial component of many industries and businesses. When machinery breaks down, the cost of repair or replacement as well as the subsequent down time, can cause a major financial impact to your business.

Safeguard your valuable assets against the unexpected with Liberty’s Machinery Breakdown Insurance, ensure a swift resumption of your business in the event of an accidental machinery breakdown.


Subject to policy terms, conditions and exclusions.

Money Insurance

Be insured against pecuniary loss

Although a majority of business transactions are being conducted electronically today, cash is still preferred by smaller businesses on a day-to-day basis.

If your company deals with cash (including checks, bank drafts, money orders, stored value cards, securities, redeemable vouchers and other negotiable instruments), then you need Money Insurance coverage.

Our Money Insurance policy covers the accidental loss of your cash within your premises as well as during transit.


Subject to policy terms, conditions and exclusions.

Plate Glass Insurance

Safeguard the plate glass in your premises

Modern aesthetics and new environmental considerations have given rise to the increasing use of glass in our living and work spaces.

Unfortunately, however reinforced the glass, it is still susceptible to accidental breakage which may lead to high replacement costs.

Ensure sufficient coverage by taking up our Plate Glass Insurance to cover its replacement costs in the event of accidental breakage.


Subject to policy terms, conditions and exclusions.


Wildcard SSL Certificates