As a business owner, we understand that your business is your life, especially if you are a Small and Medium Industry (SMI) player. Conventional insurance products for SMI businesses are very limited, providing few covers beyond the usual pre-requisited coverages such as Fire and Perils, All Risks and / or Electronic Equipment Insurance (EEI). That's why we created SMI Protector, the all-in-one insurance policy designed specifically for SMI businesses that offers several advantages including:

• Comprehensive Coverage: Enjoy all necessary coverages under one easy-to-use plan.
  
• Enhanced Protection: Get additional payment for claims under your current Fire, All Risks and / or EEI policy(ies).
  
• Flexibility: Customise your insurance plan according to the needs of your business.

All you need is an existing Fire, All Risks and / or EEI policy from OACM or any other insurer for you to enjoy these advantages. Because with SMI Protector, you can continue running your business with complete peace of mind, even when the unexpected happens.

Contingent Inconvenience Allowance
It's always nice to get something more out of your policy. That's why, should your contents or property in your business premises be destroyed or damaged due to risks covered under your existing Fire, All Risks and / or EEI policy(ies), SMI Protector will pay you an additional percentage of the claim amount payable under the above mentioned policy(ies).

Theft, Armed Robbery or Hold up
No matter how tight your security, or how vigilant your employees are, there is a chance you could be a victim of robbery or theft. Fortunately, should your insured contents be lost or damaged due to forcible and violent theft, armed robbery or hold-up, SMI Protector will pay you for those losses provided that they are also insured under your existing Fire, All Risks and /or EEI policy(ies).

Money
SMI Protector ensures that you always get the most out of your money. That's why SMI Protector provides coverage against loss of money ib the following situations:

• While in transit during business hours between:
  
  • your business premises and banks
  • your business premises and your customers' premises
    
  • your customers' premises and your business premises or banks
• After business hours, provided that the money is kept in a locked safe or locked drawer/ cabinet while within your business premises.

Special Extension:
Personal Accident Coverage
(as a result of Armed Robbery or Hold-up)
Should you or any of your employees be injured or killed as a result of armed robbery or hold-up within your business premises or outside your business premises while running an errand related to your business (like delivering money to the bank), SMI Protector will pay benefits for up to 3 persons per incident for death and / or permanent disablement, and medical expenses. The amount payable is up to the maximum sum insured stated.

Fidelity Guarantee
Theft can also be committed internally by your employees. For times like this, you'll be glad that SMI Protector covers you against fraud or dishonesty committed by an employee or group of employees.

Plate Glass
SMI Protector will reimburse you the cost of replacing any breakage or damage to fixed glass in doors, windows and display cases due to accidents or misfortune as well as costs incurred for boarding up the area while waiting for the glass to be replaced.

Employer's Liability
Good bosses take care of their employees, but sometimes even the best bosses make mistakes. SMI Protector is designed to protect employers should they be sued for negligence for causing their employees to sustain bodily injury by accident or disease while in the course of their employment.

The compensation paid covers:

• all legal costs and expenses incurred in defending a claim
  
• all legal costs.and expenses for one or more employees in any one accident / occurence up to the maximum limit of liability stated.

Public Liability
Even the most careful of business owners are not truly insulated from being sued by the public. With SMI Protector, you will be compensated should you become legally liable for the injury or death of individuals or the loss or damage of another person's property or goods arising from an accident due to the negligence of your directors, partners, employees or yourself in the course of conducting your business.