A loss event in a commercial building can seriously damage your infrastructure and resources and endanger running operations. AXA helps you make the right assessment of your building risks, adjusted to account for the local cantonal provisions.
Building property insurance against fire and damage from natural forces and building liability insurance represent the minimum coverage needed for your company building. Supplement this minimum coverage with additional insurance options and modify the amount of your insurance accordingly.
The umbrella term "building property insurance" includes all insurance types that cover property damage. A whole series of different modules can be combined.
Buildings are usually insured at replacement value. In order that this amount can be regularly updated in accordance with the construction cost index and to ensure that no underinsurance develops over the years, the inclusion of the automatic adjustment of the amount of insurance is recommended.
Claims for damages due to personal injury or property damage that are filed against you as the owner of commercial buildings and land are covered. AXA rejects claims that are unsubstantiated or excessive on your behalf.
No, or only inadequately. The provisions vary from canton to canton. There are major gaps in coverage here since most buildings in Switzerland are not insured against earthquake damage. Earthquake insurance can be taken out separately.
Provided total construction costs do not exceed CHF 100,000, your planned conversion is included in AXA’s building property insurance. Construction insurance is highly recommended if construction costs exceed this amount.
With our supplementary insurance, "Building technology failure," you can insure your solar system against the high costs of destruction and damage.
The insurance is transferred directly to the new owner. He can reject the transfer of the contract within 30 days of the change of ownership. It is therefore important to inform the buyer of the existing contract. On request, your AXA advisor will contact the new owner. If the new owner rejects the insurance, AXA will pay you back the remainder of the premiums paid.