Prudential Guarantee and Assurance, Inc.

Lifestyle: The insurance package designed for you

Quality is foremost in every aspect of your life. And it reflects in your choice of home, in the furnishings that dress it and in the valuables that you treasure.

At Prudential Guarantee, we value your possessions the way you value them. That's why we want you to know about the Condominium Lifestyle, a new insurance package developed to suit your exacting needs. The Condominium Lifestyle Insurance Package assures you of superior protection service only Prudential Guarantee can provide.

The Condominium Lifestyle Insurance Package can make a big difference in your everyday living. And we give you the reasons why.

Lifestyle: Comprehensive insurance

We will customize your lifestyle insurance package to meet your individual needs. It allows you to insure your home's contents, personal property and liability.

Perils Covered:

Fire and Lightning
Earthquake Fire and Shock
Typhoon
Explosion
Smoke
Vehicle Impact
Falling Aircraft and Object Falling therefrom
Malicious Damage
Broad Water Damage
Sprinkler Leakage
Robbery and Burglary*
Accidental Bursting or Overflowing of Water Tanks/Pipes or Apparatus

Scope of Coverage:

Contents

Household contents: furnitures, fixtures, fittings, appliances, personal property, equipment and instruments but excluding money and valuables.

Personal property of household employees with a limit of Php 5,000 per employee, maximum of Php 10,000.

Accidental breakage of fixed mirrors to Php 10,000. Frozen food in freezers up to Php 5,000.

Building Unit Additions and Alterations

Fixtures, alterations, installations or additions made within the unfinished interior surfaces of the premises of the insured according to condominium plans/specifications.

Loss of Rents

Actual loss sustained by the insured resulting directly from necessary untenantability of the premises of the insured due to an insured peril.

Rental Value

Monetary value of the premises of the insured if it were to be rented out.

Leasehold Interest

Difference between the cost of the current advantageous lease on rented property and the new lease of similar property of a higher cost.

Extra / Expediting Expenses

Expenses for express delivery, airfreight, overtime or holiday work incurred in connection with repairs or replacement of damaged property of the insured consequent upon its loss, damage or destruction due to an insured peril up to Php 100,000.

Special Loss Assessment

Special assessment based on the ownership of the insured of a condominium unit in accordance with condominium rules made necessary by direct loss of the condominium building up to Php 100,000.

Works of Art

Paintings, antiques, etc. with an automatic cover of Php 100,000, detailed declaration of property with corresponding value required in excess thereof.

Family Public Liability

Indemnification to the insured, including family members residing with the insured, against liability arising from accidents occurring within the insured premises, in respect to bodily injury and property damage up to Php 100,000. Medical payments to household employees with a limit of Php 5,000 per employee, maximum of Php 10,000.

Family Personal Accident

Compensation for death and permanent disablement of any person insured aged 65 or less due to accidental external bodily injury.

                                                                               Death              Permanent Disablement
The Insured                                                   Php 100,000                    Php 100,000
The Insured's Spouse                                          100,000                            100,000
Insured's Parents (per parent)                              50,000                              50,000
Insured's Children (per child)                               25,000                              25,000
Insured's Brothers/Sisters (per person)              12,500                              12,500

Robbery and Burglary*

Indemnification to the insured due to loss or damage caused by any attempt thereat involving entry or exit from the building unit by actual forcible or violent means or intimidation against or upon any person. Maximum liability is Php 100,000.

*(If higher than 100,000 coverage is required, please submit list of items and corresponding value)

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