What is it?
As its name indicates, parametric insurance is executed when the "parameters" established in the policy are met, where in addition to compensating for damages to property, it also has coverage that allows covering direct or indirect economic losses.
These insurance policies are designed and marketed as a complement to traditional insurance policies. The most common uses for these policies are for:
• Cover deductibles of traditional policies.
• Replace coverage of other policies
• Complement coverage of other policies
Coverages
• Outdoor property, gardening, golf courses, palapas, swimming pools, among others
• Property damage and consequential losses
• Water damage and flooding caused by hurricanes
• Extraordinary expenses
• Leaks, seepage or fires as a result of an earthquake
Who is it for?
Financial Institutions, Natural Resources (Mining, Energy and Renewables), Hospitality and Tourism, Real Estate, Government, Food and Beverage Consumption, Sports and Leisure Events.
At THB Mexico we are prepared to offer you customized solutions, no matter how complex your needs are in parametric hurricane and earthquake insurance.
Our team of experts is ready to advise you and provide you with the protection you need.
Contact us today for a personalized consultation and quote!