Condo Excel Plus

Comes with a fully-furnished protection for residential condominium units.

Build your own special coverage with our flexible insurance benefits such as:

Natural Catastrophic Events Cover
Additional Properties
Extensions of Cover

CONDO UNIT AND IMPROVEMENTS

Your condominium unit is the bare space occupied by the resident.

Condominium unit improvements are the additions to your unit such as wall partitions, floor, or ceiling finish, fixed cabinets and other fixtures.

Basic Coverage:

Fire and/or Lightning
Broad Water Damage with bursting or overflowing of tanks, apparatus, and pipes.
Malicious Damage
Civil Commotion
Robbery and/or Burglary

ADD MORE PROTECTION COVERAGES

Protect your property from natural catastrophic perils.

Earthquake
Food, Tsunami, or Storm Surge
Typhoon, Hurricane, Tornado, Cyclone or Other Atmospheric disturbance
Volcanic Eruption

ADD OPTIONAL INCLUSIONS

Secure coverage for your additional properties and increase coverage up to the maximum limit (up to three times of the standard limit).

	Limits (per unit of coverage)
Household Contents furniture, fixtures & fittings, clothing, computers, appliances, personal belongings, other household contents	Php 200,000
Groceries and Foodstuff food items in refrigerator, freezer, or storage	Php 20,000
Parking Slot loss or damage to parking lot	Php 100,000
Works of Art, Paintings, And Antiques loss or damage to works of art within the condominium	Php 50,000
Fixed Glass Accidental Damage accidental damage to glass forming part of the condominium unit	Php 20,000

ADD EXTENSIONS OF COVER

Get additional benefits and increase coverage up to the maximum limit((up to three times of the standard limit).

	Limits (per unit of coverage)
Personal Liability liability to third parties for property damage or personal injury due to an accident	Php 200,000
Special Loss Assessment Insured's Share on the direct loss to the Condominium Building Elements imposed by the Condominium Association	Php 200,000
Emergency Expense, Alternative Accomodations and/or Rental Income temporary alternative accommodations due to uninhabitable condo unit caused by the insured peril, rental income if the insured is renting it out	Php 15,000 per month (6 months)
Kasambahay Cover personal properties of resident employees bodily injury and accidental death	Php 20,000 Php 40,000
Family Personal Accident bodily injury, accidental death, and other expenses due to accident for family members	Php 100,000
Automatic Inclusion automatic cover for additional property that are not specifically excluded, that are in the condo unit	Existing Limit
Debris Removal cleanup of premises after a covered loss or damage	Php 25,000
Fire Fighting Expenses expenses incurred in extinguishing fire or mitigating, containing, and suppressing loss or damage by any of the insured perils	Php 25,000
Fire Brigade Charges charges levied on the insured	Php 25,000
Professional Fees fees of architects and engineers in the reconstruction of the damaged property	Php 10,000
Minor Alterations and Repairs loss or damage to minor works at any of the insured Premises including any additions, alterations, repairs, refurbishments, and rehabilitation, and/or installation	Php 100,000
Temporary Removal cover for insured properties while temporarily removed for the purpose of cleaning, renovating, or repair to any other premises within the Philippines	Php 10,000