A revamp of the Company’s Smart Retail Shield, launched last year, Allianz Business Shield offers flexible and comprehensive insurance solutions for 63 occupation classes. SMEs can now select their preferred coverage based on their business needs and customise their sum insured. Using fire insurance as a base coverage, SMEs have the option to add on any of the 17 coverages available, from Inconvenience Relief Benefit with COVID-19 coverage, Group Personal Accident to Burglary, Machinery Breakdown, Goods in Transit, and more based on their business needs.
“We have seen the repercussions of the pandemic and how it has affected SMEs in the country first hand. We want SMEs out there to know that we have their backs, and regardless if you have an accident or are faced with COVID-19, we will be there to help them mitigate these risks and overcome challenges,” said Horst Habbig, Chief Sales Officer of Allianz General.
“Allianz Business Shield allows SMEs to tailor their protection portfolio, selecting the types of coverages that resonate with their business needs and the sum insured. That way, SMEs are in full control of the type of coverage and the sum insured they are comfortable with, and Allianz General will take care of the rest,” added Habbig.