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Business IPID EN

Résumé

Insurance product information document (IPID) for the Company Multi-risk Insurance sold under the product name Business by Baloise Assurances Luxembourg S.A. It insures the building, the content (equipment, goods or other) and civil liability, against a long list of insurable risks running from fire, storms, water damage, theft and glass breakage to loss of operation, electronic risks, machine breakage, transport and assistance, together with operational civil liability, civil liability after delivery, existing and consigned objects, accidental pollution and legal expenses cover. Material damage and civil liability extensions or packs are available as options. Coverage limits are the amounts insured mentioned in the special conditions and the document quantifies no amount.

Garanties

The building - p. 1

Objects insured: the building. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

The content (equipment, goods or other) - p. 1

Objects insured: the content (equipment, goods or other). - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Civil liability - p. 1

Objects insured: civil liability. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Insurable risk: fire and related dangers. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Conflicts at work - p. 1

Insurable risk: conflicts at work. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Attacks - p. 1

Insurable risk: attacks. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Acts of terrorism or sabotage - p. 1

Insurable risk: acts of terrorism or sabotage. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Storms - p. 1

Insurable risk: storms. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Hail - p. 1

Insurable risk: hail. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

The weight of snow/ice - p. 1

Insurable risk: the weight of snow/ice. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Water damage - p. 1

Insurable risk: water damage. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Glass breakage - p. 1

Insurable risk: glass breakage. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Theft - p. 1

Insurable risk: theft. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Consequential loss - p. 1

Insurable risk: consequential loss. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Loss of operation - p. 1

Insurable risk: loss of operation. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Goods in freezer - p. 1

Insurable risk: goods in freezer. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Wine cellars - p. 1

Insurable risk: wine cellars. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Expenses for reconstituting data and archives - p. 1

Insurable risk: expenses for reconstituting data and archives. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Earthquakes - p. 1

Insurable risk: earthquakes. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Floods - p. 1

Insurable risk: floods. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

All electronic risks - p. 1

Insurable risk: all electronic risks. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Machine breakage - p. 1

Insurable risk: machine breakage. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Transport - p. 1

Insurable risk: transport. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

All-risks policy - p. 1

Insurable risk: all-risks policy. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Assistance - p. 1

Insurable risk: assistance. - Optionnelle : non · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Operational civil liability - p. 1

Insurable risk: operational civil liability. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Civil liability after delivery - p. 1

Insurable risk: civil liability after delivery. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Existing and consigned objects - p. 1

Insurable risk: existing and consigned objects. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Accidental pollution - p. 1

Insurable risk: accidental pollution. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Insurable risk: legal expenses cover. - Optionnelle : non · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Material damage extensions or packs - p. 1

Optional extension: material damage extensions or packs. - Optionnelle : oui · Portée : At the address of the risk for insured property. · Limite : The amounts insured mentioned in the special conditions

Civil liability extensions or packs - p. 1

Optional extension: civil liability extensions or packs. - Optionnelle : oui · Portée : Providing that the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg, in the whole world for operational civil liability, in the whole world excluding the United States of America and Canada for other civil liability coverage. · Limite : The amounts insured mentioned in the special conditions

Exclusions

Exclusion Description S'applique à Page
Foreseeable, non-accidental damage Foreseeable damage, of a non-accidental character. all p. 1
Damage resulting from an event known to the insured party Damage resulting from an event known to the insured party or that he/she could not reasonably be unaware of. all p. 1
Risk not compliant with the declarations made upon subscription Damage resulting from taking on an insured risk that is not compliant with the declarations made upon subscription. all p. 1
Civil liability of the corporate officers The civil liability of the corporate officers. all p. 1
Civil liability arising from articles 1792 and 2270 cc Civil liability arising from articles 1792 and 2270 cc. all p. 1
Lateness penalties, fines, punitive or exemplary damages Lateness penalties, fines, punitive damages or exemplary damages. all p. 1
Gradual pollution Damage caused by gradual pollution. all p. 1
Asbestos, electromagnetic fields, GMOs, toxic mould, TSE Damage related to asbestos, electromagnetic fields, genetically modified organisms, toxic mould or transmissible spongiform encephalopathy. all p. 1
Gross negligence by the insured party Damage that results from gross negligence by the insured party. all p. 1
War, conflicts at work, riots, insurrection, revolution, attacks, terrorism Damage that results from war, conflicts at work, riots, insurrection, revolution, attacks, terrorism, etc., except where stipulated to the contrary. all p. 1
Requisition, judicial or administrative decision Damage that results from a requisition, or a judicial or administrative decision. all p. 1
Explosives, radioactive substances or ionising radiation Damage that results from explosives or radioactive substances or ionising radiation. all p. 1
Breach of confidence, malpractice, embezzlement, fraud, blackmail, wagers, brawls Damage that results from breach of confidence, malpractice, embezzlement, fraud, blackmail, wagers, brawls, etc. all p. 1
Intentional, voluntary or deceitful events Damage that results from intentional, voluntary or deceitful events. all p. 1
Failure to observe best practice Damage resulting from failure to observe best practice. all p. 1

Obligations de l'assuré

  • Exactly declare, when concluding the contract, all circumstances known to you and that you must reasonably consider as constituting, for us, elements of risk assessment, as well as all insurance policies ongoing for the covered risks. (Upon subscription and during the period of the contract) p. 2
  • Declare all sustainable and sensitive changes of circumstances that may have an impact on the risk of occurrence of an insured event. (Upon subscription and during the period of the contract) p. 2
  • Declare, within a period of 8 days, by registered letter, all insurance policies that you may subsequently subscribe for the same purpose and any modifications that these contracts may undergo in future. (Upon subscription and during the period of the contract) p. 2
  • Take all reasonable measures to mitigate the consequences of the incident. (In case of an incident) p. 2
  • Declare incidents to the company within 5 business days and within 2 business days in the case of theft. (In case of an incident) p. 2
  • Not repair, or instruct the repair, of damaged goods except to limit the extent of the damage. (In case of an incident) p. 2
  • Not destroy or dispose of damaged goods, nor modify them before loss assessment. (In case of an incident) p. 2
  • Send to the company all necessary information for the proper settlement of the claim. (In case of an incident) p. 2
  • Refrain from any recognition of liability and any transaction without our prior written agreement. (In case of an incident) p. 2
  • Send all documents (notably any judicial document, any summons to a court, etc.,) that may have been communicated to you as part of a dispute. (In case of an incident) p. 2
  • Agree to appear or not fail to comply with any instruction measures ordered by the Court. (In case of an incident) p. 2

Procédure de sinistre

  1. Take all reasonable measures to mitigate the consequences of the incident. p. 2
  2. Declare incidents to the company. (délai : within 5 business days and within 2 business days in the case of theft) p. 2
  3. Not repair, or instruct the repair, of damaged goods except to limit the extent of the damage; not destroy or dispose of damaged goods, nor modify them before loss assessment. p. 2
  4. Send to the company all necessary information for the proper settlement of the claim. p. 2
  5. Refrain from any recognition of liability and any transaction without our prior written agreement. p. 2
  6. Send all documents (notably any judicial document, any summons to a court, etc.,) that may have been communicated to you as part of a dispute. p. 2
  7. Agree to appear or not fail to comply with any instruction measures ordered by the Court. p. 2

Durée & résiliation

  • Durée : The coverage takes effect from the date specified in the special conditions. It is concluded for the period specified in the special conditions
  • Reconduction tacite : oui
  • Modalité : By letter registered with the Postal Service
  • Modalité : By notification served by a bailiff
  • Modalité : By presenting the letter of termination against receipt
  • Droit spécial : At the end of its initial period, it is renewed from year to year unless terminated by one of the parties or in the case of a temporary contract.
  • Droit spécial : Termination for the cases in accordance with the notice period fixed by the law dated 27 July 1997 on insurance contracts, as amended by the law dated 7 December 2015 on the insurance sector and repeated in the special conditions or general conditions.

Prime

  • Premiums, expenses and legally recognised taxes are payable in advance at the domicile of the insurer or at the domicile of the representative designated for this purpose.
  • Monthly, quarterly and half-yearly payments may also be granted.

Conditions particulières

  • The amounts insured mentioned in the special conditions. p. 1
  • This document is a generalised sheet (not personalised), non-comprehensively summarising the pre-contractual and contractual information on your insurance policy. Complete information concerning this product will be provided to you in other documents. p. 1
  • The general conditions concerning this product are available upon request from the client or on the site www.baloise.lu p. 2
  • Law dated 27 July 1997 on insurance contracts, as amended by the law dated 7 December 2015 on the insurance sector. p. 2

Lacunes d'extraction

  • Risk carrier: named explicitly in the header banner of both pages, "Company: Baloise Assurances Luxembourg S.A." (the non-life entity). It is the ONLY legal entity named in the document: no claims handler, assistance provider, broker or agent appears anywhere, and the only other role mentioned is generic ("the domicile of the representative designated for this purpose", for premium payment). The schema has no carrier field, so the fact is recorded here and in key_quotes. Note the DOUBLE SPACE after "Company:" in the printed text, preserved verbatim in the quote.
  • Language read FROM the document, not from the tree it is filed under: the whole document is in English, headings included ("What is insured?", "Are there any exclusions of coverage?"). language=en.
  • edition_date: null, reference: null. No edition date, no reference code and no folio are PRINTED anywhere on the two pages (bottom 90 pt band empty on both, no text outside the page rectangle). The filename and the InDesign title in the PDF metadata read "IPID-Business-EN-LU-01-19", suggesting 01/2019, but that is not a statement of the document: not retained.
  • Polarity markers: the bullets are BITMAP IMAGES (1 bpc stencil masks recoloured by the graphics state), invisible to get_text AND to get_drawings. Recovered via get_text('dict'), placed by coordinate, polarity confirmed on a render: GREEN tick 7.16 x 7.94 pt at x=65.1 (covered), RED cross 7.16 x 7.22 pt at x=348.1 (not insured), ORANGE "!" 2.39 x 8.87 pt at x=350.0 (exclusion). The marker decided, not the column.
  • Marker arithmetic: page 1, 6 ticks + 8 crosses + 7 "!" = 21 images, equal to the image count of the layer (21); page 2, 2 ticks = the 2 items of "Where am I covered?", equal to the image count (2). Page-1 split: 6 ticks = the 6 marked items of "What is insured?"; 8 crosses = the 8 items of "What is not insured?"; 7 "!" = the 7 items of "Are there any exclusions of coverage?". The counts close exactly.
  • MODELLING CHOICE, declared: the document prints the insurable risks as TWO ticked bullets only (one green tick each), each of which is a long comma-separated enumeration. Those two bullets have been split into individual coverages — 22 from the first ("Fire and related dangers … assistance") and 5 from the second ("Operational civil liability … legal expenses cover") — so that each named risk is retrievable. The wording of each is the document's own; nothing was added. The authoritative marker count remains 6 ticks, not 27. Both full enumerations are also preserved verbatim in key_quotes.
  • The 2 optional extensions ("Material damage extensions or packs", "Civil liability extensions or packs") carry NO tick: they are introduced by a typographic dash under the sub-heading "Optional extensions:". It is that sub-heading, not a marker, that sets is_optional=true for those two. The document does not name what the packs contain.
  • No section inversion detected: geometric check performed. Headings at x=65.1 ("What is insured?") and x=348.1 ("What is not insured?", then "Are there any exclusions of coverage?"); no box overflows into the neighbouring column and the flat-text order matches the printed order. Negative result, reported as such.
  • The 15 exclusions come from TWO distinct printed boxes that the schema cannot distinguish: exclusions 1 to 8 from "What is not insured?" (red crosses), exclusions 9 to 15 from "Are there any exclusions of coverage?" (orange "!", lead-in "Damage that results:"). Printed order preserved.
  • Lead-in and the item that does not follow it: the exclusions box opens on "Damage that results:" and its first six items complete that sentence ("From gross negligence…", "From war…", "From a requisition…", "From explosives…", "From breach of confidence…", "From intentional…"). The SEVENTH, "Damage resulting from failure to observe best practice", does not follow the lead-in grammatically but does carry a "!" marker and is printed in the same box: it is kept as a full exclusion, with no repair of the syntax. Descriptions restore the lead-in so each item reads standalone; key_quotes remain exact slices of the text layer.
  • Limits: the document quantifies NO amount, NO deductible and NO percentage. The only figures in the whole document are deadlines (8 days to declare subsequent policies, 5 business days to declare an incident, 2 business days for theft) and the code-civil references 1792 and 2270. "Coverage limits: The amounts insured mentioned in the special conditions" is printed once for the whole box; it was carried into the limits field of every coverage in that box, which is a modelling choice, not a per-coverage statement.
  • territorial_scope: the two sentences of "Where am I covered?" are printed once, on page 2, and separate insured property (at the address of the risk) from civil liability (worldwide for operational civil liability, worldwide excluding the USA and Canada for other civil liability, subject to the main place of business being in Luxembourg). They were attached per coverage accordingly: the property/material risks carry the address sentence, the civil-liability covers carry the worldwide sentence. This attachment is an inference from the document's own two-way split, and is flagged here as such; the document does not restate the scope risk by risk.
  • deductibles: null - no franchise is mentioned. prescription_period: null - no prescription period is stated. definitions: empty - an IPID carries no glossary. waiting_periods: empty - no waiting period is stated.
  • notice_period: null. The document refers to "the notice period fixed by the law dated 27 July 1997 on insurance contracts, as amended by the law dated 7 December 2015 on the insurance sector" and to the special or general conditions, without ever quantifying a period.
  • target_audience = entreprises: taken from the document's own wording, "An insurance policy with a choice of options intended to preserve the assets of the company", reinforced by cover that only a legal person can hold (operational civil liability, civil liability of the corporate officers, loss of operation, and the requirement that "the main place of business of the insurance policyholder is established in the Grand Duchy of Luxembourg"). The category does not come from the product type.
  • Text layer clean: verified free of control characters, non-breaking spaces, soft hyphens, private-use glyphs, decomposed NFD accents and line-break hyphenation. No text outside the page rectangle, no ghost header, no competing superimposed line.
  • Prompt text verified not truncated: independent re-extraction of both pages with page.get_text('text') via PyMuPDF, identical to the supplied text (only difference: a blank joining line inserted by the harness before the [page 2] marker).

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