Commercial All Risk Insurance

Commercial All Risk Insurance is designed to cover items such as machinery, equipment and other contents on an All Risks basis. The property insured while in the situation described in the schedule be accidentally, physically lost, destroyed or damaged by any cause other than those excluded, and subject to any other terms and condition, CAMINCO agrees to cat its option:

  • Pay the insured the value of the property at the time of its loss or destruction, or
  • Pay the amount of the loss damages
  • Reinstate, repair or replace such property or any part of it.
Underwriting Information
  • Description, location, construction and occupation of property proposed to be insured.
  • Details on the security features on the property and how they are protected from intrusion.
  • Fire extinguishing features on the premises.
  • Loss history
  • Others may required.
Claim Procedure
  • If any event giving rise for or likely to give rise to a claim under this Policy comes to his knowledge the Insured shall:
    • Notify CAMINCO immediately
    • Notify the police immediately in case of damage by malicious means.
    • Carry out and permit any reasonable practical actions necessary to prevent further damages.
  • Deliver to the CAMINCO at insured's expense (within a stipulated time or such further time as allowed by the CAMINCO):
    • Full information in writing of damage and amount.
    • Details of other insurance covering the same property
    • All evidence and information as may reasonably be required.
    • If demanded, a statutory declaration of the truth of the claim or any connected matters.
© 2012 Cambodian National Insurance Company (CAMINCO)