Supernova Insurance Solutions for SMEs

At Supernova, we specialize in providing robust insurance solutions tailored for small and medium-sized enterprises (SMEs). Our comprehensive package policies are designed to cover a wide range of needs, ensuring your business is protected against various risks.

Our Package Policy

Property Coverage

  • Total Insurable Value (TIV) up to $2,000,000.
  • All Risk Coverage, including Flood, Earthquake, and Spoilage due to Breakdown (SBU).
  • Coverage for Equipment, Stock, and Contents.
  • Standard Extensions of Coverage.
  • Minimum deductible of $500.
  • Business Interruption coverage based on Actual Loss Sustained.

Liability Protection

  • Coverage limit up to $5,000,000, with a sales cap of $2,000,000.
  • Includes Bodily Injury, Property Damage, Personal & Advertising Liability.
  • Medical Payments and Tenants Legal Liability.

Inland Marine

  • Incorporated within the Property limit.
  • Covers Contractors Equipment, Miscellaneous Tools.
  • Additional coverages as part of Extensions of Coverage.

Crime Insurance

  • $10,000 Limit.
  • Protection against Employee Dishonesty, In/Out Risks.
  • Coverage for Money Orders & Counterfeit Currency, Depositors Forgery, Credit Card Forgery, and Securities in Safe Deposit Boxes.

We specialize in 5 Major Industry Classes with the following package policy extensions

We specialize in 5 Major Industry Classes with the following package policy extensions

Limits & Eligibility

  • TIV: Up to $2,000,000 (Contents only, no building coverage).
  • Sales: Not to exceed $2,000,000.
  • CGL: Options for $1M, $2M, & $5M per occurrence and aggregate.
  • Premium Range: $1000 Min to $5000 Max.

COPE Standards

  • Eligible for risks in IBC codes with Hazard Grades 1-7 (Low-to-Moderate).
  • Protection for premises in Protected & Semi-Protected Town Grades 1-7.
  • Applicable to Construction Classes 1-6.
  • Year Built: Eligible for premises built since 1995 (with updates within the last 10 years for older buildings).

Ineligible Risks & Classes

  • Risks with Building Ownership or Equipment Breakdown Coverage.
  • IBC Codes with Hazard Grades 8-10 (High to Severe Hazard).
  • Risks in TG 8-10 (Unprotected).
  • Ineligible industries include Farming, Fishing, Government, Logging, Manufacturing, Mining, Recreation, Transportation, Utilities, and Realty.

At Supernova, we are committed to providing comprehensive, quick, and efficient coverage for the widest range of industry codes. Contact us to find out how we can protect your business today.