Leasehold Insurance will indemnify the Insured for the loss of advanced lease value resulting from termination of property lease contract, due to a constructive total or partial loss over 50% of the property leased caused by fire, lightning, explosion, such that the property is declared unusable.
“©2016 Chubb Samaggi Insurance PCL. This policy is underwritten by Chubb Samaggi Insurance Public Company Limited.
Full details of the terms, conditions and exclusions of this insurance are provided in the policy documentation. Please read our Terms of Use. Applicant should read the terms and conditions of the policy thoroughly prior to applying for insurance.”
*For international insurance brokers or clients who require insurer/reinsurer to hold a financial strength rating that is higher than that held by Chubb Samaggi Insurance Public Company Limited, please contact ACE INA Overseas Insurance Company Limited, Thailand Branch.
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