Business Insurance Policies
GasanMamo provides comprehensive business insurance policies designed for clarity and ease of understanding, ensuring your business is fully protected with coverage you can trust.
As one of Malta’s leading business insurance providers, GasanMamo offers a diverse portfolio of insurance options tailored to meet the unique needs of your business. Our commitment is to deliver exceptional protection that supports your business’s growth and success.
Business Insurance Cover Types and Benefits
Discover the wide range of business insurance cover options we provide, each designed to meet the unique needs and challenges of your business.
Here are the different types of business insurance covers we offer:
Insurance for Business Assets
Protection against loss and/or damage to physical assets such as buildings, furniture, machinery, equipment, stocks, and general contents. Cover is available on an All-Risk basis and will include cover for several perils including fire, malicious acts, storm, flood, earthquake, theft and the like.
Loss of Income Insurance
Interruption of the business following a loss may result in lost production and sales, unhappy customers, pressure on resources, additional costs, and above all, stress.
Business income and being able to cover operating costs are essential to financial survival. This insurance cover will ensure that you are reimbursed to cover the shortfall in income needed to meet costs and still reach anticipated profits during the interrupted period following an insurable loss. It will also cover the extra expenses of preventing or minimising a greater loss of profit.
Cyber Protection Insurance
We offer protection for the following key areas under our Business Protect product range:
- Incident Response – Any investigation and other necessary costs incurred as a result of a security breach.
- Data Restoration – Costs incurred to restore access to the Insured’s data assets or to recover, restore, input, configure, and/or replace any data assets that have been corrupted, destroyed, erased, or damaged.
- Business Interruption – Loss of business income and additional reasonable costs required to maintain business operations and services following a security breach.
Liability Insurance
You or your company may be legally liable for third-party incidents at your business premises. Our policy provides cover for your legal liability towards third parties resulting in bodily injury and/or property damage. Similarly, cover can be arranged for legal liability towards your employees arising for any work-related injuries or deaths occurring on your premises.
Employee Protection Insurance
Employees are the most valuable asset of any business. To safeguard their well-being and provide peace of mind, we offer comprehensive Personal Accident Insurance. This coverage ensures that employees are compensated in the unfortunate event of accidental injury or death. This cover is available under our Personal Accident Insurance section
Marine Cargo Insurance
We offer tailor-made Marine Cargo Insurance policies to cover your company’s imports and exports anywhere in the world.
Other Business Insurance Covers
We offer other covers to protect your business. These include the following:
- Glass: Protects against accidental loss or damage to internal/external glass and signage.
- Goods in Transit: Offers coverage for the insured property against accidental loss or damage while in transit across the Maltese Islands.
- Machinery Breakdown: This policy safeguards the insured machinery on your premises against unforeseen and sudden physical loss or damage requiring repair or replacement. Coverage can also be extended to include loss of profits following a Machinery Breakdown claim.
- Deterioration of Stocks: This policy protects against the deterioration of your insured stocks caused by a change in temperature or contamination by refrigerant fumes.
- Money: This policy covers the loss of money in various situations, including transit, in the custody of your collectors, at your premises (both during and outside business hours), in your safe, and at the private residences of you or your employees.
- Fidelity Guarantee: Designed to indemnify you against losses caused by acts of fraud or dishonesty committed by any employee.
- Professional Indemnity: This policy covers your legal liability towards third parties arising from professional negligence. We offer professional Indemnity cover for various professions.