SME Total insurance for shops, restaurants and offices, sum insured THB 2–50 million
- Published: 12 October 2026
SME Total insurance for shops, restaurants and offices, sum insured THB 2–50 million
Product information as of 11 October 2026 · compiled by Prakanthai.com
Underwritten by Bangkok Insurance Public Company Limited
Property sum insured THB 2–50 million; the premium is assessed for each business by type of business, sum insured and location
Highlights: cover for the building, stock, machinery, burglary, lost income and liability to customers, all in one policy
A café has been open for three years. One night the coffee machine short-circuits. The fire doesn't spread, but black smoke fills the whole shop and it has to close for nearly a month for repairs. The damaged items can still be valued, but nobody pays for the whole month of lost income.
Business insurance that brings property, business interruption and liability to customers together: what does it cover, which businesses does it suit, and what are the conditions?
Who is SME Total insurance for, and what does it cover?
The short answer: Bangkok Insurance's SME Total insurance suits business owners such as shops, restaurants, cafés, offices, clinics or dormitories with property worth THB 2–50 million. It covers the building, stock and machinery against fire, windstorm, earthquake and other accidents as set out in the conditions, plus burglary, income compensation and third-party liability of up to THB 2 million per year. There is no fixed premium rate: the premium is assessed by type of business, sum insured and location (information as of 11 October 2026).
What does SME Total insurance cover?
| Coverage | Limit | Conditions |
|---|---|---|
| Building, furniture, equipment, stock and machinery | THB 2,000,000–50,000,000 | Pays the actual loss, up to the sum insured |
| Main perils: fire, lightning, explosion, water damage other than flood, smoke, aircraft, vehicle impact, windstorm, hail, earthquake, riot, strike, malicious acts, spontaneous combustion and other accidents from external causes | Within the sum insured | As per the policy conditions |
| Flood | Usually limited to 10% of the sum insured | An excess applies; high-risk areas are considered case by case |
| Third-party liability | Up to THB 2,000,000 per year | As per the amount stated in the policy |
| Additional cover | As per the limits in the policy | See the list below |
What additional cover is included?
- Damage to electrical equipment from a short circuit or overvoltage
- Compensation for lost income, and rent for temporary premises during repairs
- Burglary, money on the premises and permanently fitted glass
- Signboards and neon signs
- Machinery breakdown
- Phones, tablets, computers, portable property and employees' personal belongings
- Debris removal costs, documents and computer records, engineers', architects' and surveyors' fees, firefighting costs, and costs of preventing or reducing damage
What kinds of incident does third-party liability cover?
For example, a customer injured in your shop, damage to a third party's property, food or drink poisoning, accidents in the car park, damage caused by a signboard, and medical expenses from accidents on the premises. It must be a legal liability and fall within the policy conditions.
Roughly how much is the SME Total insurance premium?
This plan has no fixed premium table. The premium is assessed for each business and depends on 4 main factors
- The type of business and the risk from how the building is used
- The sum insured for the building, stock, machinery and equipment
- The location and the area's flood risk
- The type of building, and the risk survey results if the insurer requires a survey
Worked example: with a THB 5 million sum insured, what is the most flood pays, and what happens if the sum insured is set below the real value?
- Flood limit: sum insured 5,000,000 × 10% = THB 500,000 before the excess is deducted
- Sum insured set below the real value: the property is really worth THB 8,000,000 but is insured for THB 4,000,000. A fire causes THB 1,000,000 of damage. If the average condition applies, you may receive 1,000,000 × 4,000,000 ÷ 8,000,000 = THB 500,000
These examples are for illustration only. The actual flood limit, excess and claim calculation follow the policy and its endorsements. The simple rule: set the sum insured close to the real value of the property, not low to make the premium cheaper.
Who is SME Total insurance for?
- Offices, shops, restaurants, cafés and bakeries
- Hotels, dormitories and guesthouses
- Clinics, beauty salons, spas, gyms, schools and tutoring centres
- Showrooms, service businesses, car repair garages that do no spray painting, and small factories in categories set by the insurer
- Businesses with customers coming and going every day that need third-party liability cover
Who should not buy this plan yet?
- Businesses with flammable materials, plastics, rubber or foam factories, or gambling businesses may fall outside the underwriting conditions
- Car repair garages that do spray painting: this plan covers only garages that do no spray painting
- Small shops with total property worth under THB 2 million: the plan's minimum sum insured is THB 2,000,000. See SME shop insurance to compare
- Buildings that are not class 1 construction with brick-and-mortar walls, such as wooden buildings
- Businesses in areas that flood repeatedly and want flood cover up to the full sum insured: flood is usually limited to 10% of the sum insured, and high-risk areas are considered case by case
Limits to check before you decide
- 1 policy per insured location: if you have several branches, each needs its own policy
- Flood has its own limit and excess, usually limited to 10% of the sum insured
- If the sum insured is below the real value, you may not receive the full claim. Value the building, stock, machinery and equipment accurately
- Some types of business need a risk survey before acceptance
- Third-party liability up to THB 2 million per year, as per the amount stated in the policy
- Actual cover follows the policy, its exclusions and endorsements. Check the quote for the sub-limit of each additional cover
Want to understand the excess (deductible) more clearly? Read Excess vs Deductible: what is the difference?
Want to know the premium for your business? What do you need to send?
Send just 3 things
- Type of business, and a photo of the shopfront or the building
- Approximate value of the building, stock, machinery and equipment
- Business location (district and province)
Our team will check whether your business meets the underwriting conditions and send you a written quote within a business day, or let you know if the insurer needs a risk survey first, along with the flood limit and excess that apply to your business. If a plan is good value, we will tell you straight. If the conditions differ, we will explain the differences before you pay.
LINE Official: @prakanthai · Tel. +66 2 459 2223
Frequently asked questions
My shop rents its space and I don't own the building. Can I still get cover?
Yes, you can insure the business's own property, such as fit-out and decorations, equipment, stock and machinery. Send us the lease or details of the space, and our team will check with the insurer how the building should be stated.
If the shop has to close for repairs after a fire, is lost income compensated?
This plan includes cover for lost income and rent for temporary premises during repairs. See the policy for the limits and conditions.
If a customer slips and falls in the shop, does the insurance pay?
Third-party liability covers a customer injured in the shop, if it is the business owner's legal liability and falls within the policy conditions.
I have several branches. Can I cover them all in one policy?
No. The conditions require 1 policy per insured location.
Does the insurer need to survey my shop?
Some types of business need a risk survey before acceptance. Our team will let you know once we have seen your business details.
Who approves claims: Prakanthai.com or Bangkok Insurance?
Underwriting and claim payments are decided by Bangkok Insurance. As the broker, Prakanthai.com helps coordinate and follows up for you.
Notes
The cover information on this page is based on Bangkok Insurance Public Company Limited's product information for SME Total insurance as at 11 October 2026. It is general information and not part of the insurance contract. Premiums are assessed for each business, and conditions may change as announced by the insurer. Underwriting and claim payments are decided by the insurer. Prakanthai.com is a non-life insurance broker, not an insurer, licence no. 5104000004, providing services since 2004. Please read the policy and the quote in full before deciding.