Property Insurance

The biggest names in the Philippine Corporate Industry entrust Prudential Guarantee and Assurance, Inc. to shield their businesses from  unforeseeable events such as fires, typhoon,  floods, riots and even water leaks. You cannot control harmful events that might happen to your property but you can protect yourself from loss or damage with the appropriate insurance coverage from a company you can depend on.

The Fire Insurance policy undertakes, for a premium and subject to conditions embodied in the policy contract, to pay  the Insured for direct loss or damage to a particular property caused by an insured peril during the covered period.

Fire Insurance covers loss or damage to property caused by fire and lightning. However, the coverage may be extended to include, the following perils, subject to payment of additional premium:


  • Earthquake Fire / Shock
  • Typhoon
  • Flood
  • Riot, Strike and Malicious Damage
  • Extended Coverage (which includes the perils of smoke, explosion, falling aircraft and impact of vehicles)
  • Broad Water Damage w/ Accidental Bursting and / or Overflowing of Water Tanks, Apparatus, and Pipes (BWD w/ABOWTAP)
  • Sprinkler Leakage
  • Landslide / Subsidence
  • Spontaneous Combustion
  • Robbery / Burglary

In addition, the Fire Policy can be broadened to include the following special conditions, subject to a limit as stated in the policy:

  • Automatic Increase / Capital Additions Clause
  • Professional Fees Clause
  • Fire Fighting Expense Clause
  • Debris Removal Clause

We also offer the following products  under the Fire Insurance line:

  • Basic Fire / Lightning Insurance (with or without Allied Perils)
  • Industrial All Risks Insurance
  • Business Interruption and / or Consequential Loss Insurance

For inquiries, please call (02) 8878-3000 or e-mail at