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This coverage is necessary to protect your business from extreme financial losses after natural disasters, accidents, and other costly problems you. Your business is protected against loss or damages caused by fire and lightning and allied perils including acts of nature ; Pin by BOB ELLIOT Minnesota Real Estate Homes After all, it is the bank’s main objective to find ways to serve the needs of every individual and enterprise. Business insurance cost philippines . Apart from all the benefits provided by our business establishment insurance silver and gold, both packages have a special feature, the total loss allowance.this allowance benefit is paid 7 days after extablishment of liability after a total loss to help you rebuild your business. Register your business name at the department of trade and industry (dti) make sure to search the dti website to see if there are any businesses in existence that have a name similar to yours. Contingent compensation is typically based on criter...