ALPHA INSURANCE & SURETY COMPANY, INC. was established on May 13, 1957 as a domestic non-life insurance provider. It is a 100% Filipino-owned corporation currently operating under Certificate of Authority No. 2016/13-R granted by the Insurance Commission valid until December 31, 2018, and with license as a Surety under Administrative Order No. 244 approved by […]Visit site
ALPHA INSURANCE & SURETY COMPANY, INC. was established on May 13, 1957 as a domestic non-life insurance provider. It is a 100% Filipino-owned corporation currently operating under Certificate of Authority No. 2016/13-R granted by the Insurance Commission valid until December 31, 2018, and with license as a Surety under Administrative Order No. 244 approved by the President of the Republic of the Philippines. As of end of 2016, the company has 252 employees and more than 200 agents / intermediaries.
For the past Eighteen (18) years, Alpha Insurance has registered significant market growth, coupled with notable increase in sales and assets. As of December 31, 2016, it has generated a gross premium production of Php 816 Million. Its total assets, on the other hand, amount to Php1,332 Billion, while its networth is at Php 871 Million.
Insurable properties are BUILDINGS and their improvements / better merits, MACHINERIES, EQUIPMENTS, STOCKS and OTHER PROPERTIES.
Additional peril subject or additional premium:
1 Fire and/or Lightning (FL)
2 Full Earthquake (FE)
3 Typhoon (Typ)
4 Flood (Fld)
5 Burglary Cover â€“ for contents with specific amo (Burg)
6 Riot Strike Malicious Damage (RSMD)
7 Extended Cover (EC)
Compulsary Third Party Liability (CTPL)
Loss and/or Damage Cover(LD): Insurance for the unit itself, and will indemnity YOU as our Assured for accident related loss including loss by burglar to factory and to non factory added accessories as declared in the Policy.
Third Party Bodily Injury Cover(BI): This is in addition to Compulsary Third Party Liability
Third Party Property Damage Cover (PD): Will answer for the loss sustained accidentally to another vehicle or any third property.
UNNAMED PERSONAL ACCIDENT: Covers 1-Unnamed Authorized Driver and Unnamed Passengers
At ALPHA your cargo(es) is protected against losses incidental to marine adventure via any outgoing and incoming commercial Ocean Vessel, Airplane and by inland travel.
Outgoing or incoming cargoes
We cater to the needs of contractors against loss and/or damage in connection with construction and/or erection works thatâ€™s include third party liability which may arise in connection thereto. The types of coverage we offer CONTRACTORâ€™S ALL RISK, ERECTION ALL RISK and ELECTRONIC EQUIPMENT INSURANCE.
A contract of agreement between three parties the INSURER or SURETY guarantee the faithful performance by another party called the PRINCIPAL of an obligation or undertaking in favor of the OBLIGEE
ACCIDENTAL DEATH AND DISABLEMENT – 100%
UNPROVOKED MUREDR AND ASSAULT – 50%
MEDICAL REIMBURSEMENT maximum of P20,000.00
ACCIDENTAL BURIAL BENEFIT maximum of P5,000.00
Hospital Benefits for Travel Accident Insurance maximum of P20,000.00
Baggage Cover maximum of P15,000.00
Hijacking Benefits maximum of P10,000.00
|Full company name||ALPHA INSURANCE & SURETY COMPANY, INC.|
|Address||Alpha Insurance Centre No. 1025 San Marcelino Street Ermita, Manila|
|Phone number||Tel. No.: 02 8525-1301 Fax : 02 8522-6131|