Some of the Coverages

Commercial Package Insurance

Your business is very important to you and to Seguros Puerto Rico. We put at your disposal the most extensive and flexible commercial insurance policies on the market. Adaptable to all kinds of businesses, this policy allows you to combine a wide variety of insurances so that your company is perfectly protected with a single company and under the same insurance contract, according to your specific needs.

Commercial Package insurance is also known as » Commercial Package»  or » Comprehensive Business Policy «, it gives you the convenience of:

• Hire several covers in a single policy.
• Consolidate in a single payment all the covers.
• Have the same effective and expiration date in all coverages.

It also groups a series of covers that you can contract in a single policy such as:

• • Property
    Protect your property, whether it is a building, contents or loss of income, due to fire, explosion, vandalism, hurricane, theft and earthquake, among others.
  • General civil liability
    A claim or lawsuit against you, due to bodily injury or damage to the property of third parties caused by an accident where you or your employees are legally responsible, can cause significant damage to your assets. Avoid risky situations by hiring an adequate Public Liability Insurance cover for your company.
  • Maritime Terrestrial (Inland Marine)
    Under this cover, more appropriate coverages are defined for certain goods such as:
  • Sign
    Covers your signs and similar property of others in your care, custody, or control
  • Physicians and Surgeons
    Covers medical or dental equipment, supplies, and books associated with that profession. In addition, it covers office equipment including furniture and fixtures while they are on the premises.
  • Valuable Documents
    Covers valuable documents that have been declared and described at the time the policy is issued and are located on your property.
  • Cargo
    Covers the property of other transportation and for which an invoice or rate has been issued.
  • Transportation
    Covers your business personal property in transit and that is at your risk.
  • Contractor Equipment
    Covers machinery or heavy equipment (Diggers, Traxcavators, Rolos) that have been listed in the policy.
  • Works of art
    Covers works of art described in the policy. These works can be yours or other people’s as long as they are in your custody and for which you are responsible.
  • Data processing systems
    Covers computers, printers and similar equipment including data and programs.

• Crime
  Insure your money against losses resulting from assault, theft, theft and disappearance of money, valuables or checks, losses due to actions of dishonest employees, and for forgery or alteration of checks or other documents.
• Boilers and Machinery
  This insurance can cover damage caused by short circuits, electrical failures, mechanical failures, burned motors, boiler breakdowns including operator errors.

You can also  request specialized programs for the following Businesses or Institutions  such as:

• churches
• Financial institutions
• condominiums
• Veterinary Clinics
• funeral homes

Dwelling Commercial Occupancy Risks

Also within this same program we can offer an economic rate under structure and personal property of the business for those properties that were originally occupied as homes and have subsequently been converted into a business, and that meet the following requirements:

• All concrete construction.
• That does not have more than 4 floors.
• That the business operation is not manufacturing.

The most common businesses  to submit under this program are the following:

• Medical Offices
• Restaurants
• Gift shops.
• bookstores
• Boutiques

Benefits and advantages

In addition, the Commercial Package Policy allows you to request specialized programs for:

• churches
• Financial institutions
• condominiums
• Veterinary Clinics
• funeral homes, among others

General conditions

Under the general conditions of the Commercial Package Policy, it provides you with protection for losses resulting from the operations of your company according to the coverage contracted and subject to the conditions and exclusions of the policy.

Under the Commercial Package Policy you can group two or more main covers to protect your Company. You can hire the following coverage in a single policy:

• Property.
• Public Responsibility.
• Maritime Land.
• Crime.
• Boilers and Machinery, among others.

Under these covers, a series of limits and conditions are established according to the needs of the Insured’s operation and subject to the Company’s Subscription Guide.