Our entire way of life in the Maldives is built upon these low-lying, delicate, small islands scattered across the ocean. Our families, belongings, and homes are all situated on these very same islands. The guesthouses that have been established to welcome visitors and drive the local economy are also located on these same vulnerable atolls.
Storms can intensify, floods can rise, and strong winds can strike without warning. Have guesthouse operators properly protected their establishments against such risks?
Allied’s Guesthouse Plan provides the most comprehensive coverage against potential damages to guesthouses from natural disasters. Allied offers three tiers of guesthouse insurance plans that provide compensation for financial losses from natural disasters as well as other potential incidents.
For instance, the first plan, “Budget,” covers losses from fire incidents and natural disasters. The second tier, “Budget Plus,” includes all the coverage from the previous plan plus protection against damages caused by someone breaking into and vandalizing the guesthouse property.
The highest package, “Guesthouse Premium,” encompasses all the previous coverage while also including protection against internal flooding and damages caused by malicious acts by individuals. Additionally, if an incident occurs that forces the guesthouse to cease operations, this plan includes “Consequential Loss” coverage that compensates for the estimated business losses during the shutdown period.
All three plans also offer add-on options, including “Group Personal Accident” coverage for employees who may suffer injuries or physical harm while on duty, and Marine Hull insurance plans for boats and watercraft can be added as supplementary coverage.
Consider this: storms, strong winds, fire incidents, and issues like burst pipes causing flooding are all possibilities that could occur. Instead of only thinking about the safety of the building structure, consider also the safety and security of the guests who visit your guesthouse. During the days and nights that travelers spend at your establishment, they will feel the greatest sense of safety and security knowing that there is certainty of compensation for potential losses from such incidents.
More information about Allied’s guesthouse plans can be found on Allied Insurance’s website. Take a moment to review the options and choose the most suitable package for your needs. If your current package has expired, it’s time to upgrade with Allied.
Protecting your guesthouse means protecting your guests’ peace of mind and your business’s future.