Commercial occupiers and owners should separate the building, tenant improvements, stock, machinery, business interruption and liability exposures. A landlord building policy does not automatically protect the tenant fit-out, contents, revenue or legal liability.
Who should insure the building?
- identify the owner and lease allocation
- review lender requirements
- confirm shared-property cover
- identify tenant improvements outside the owner policy
What should a tenant insure?
- fit-out and improvements
- stock and equipment
- machinery and electronics
- business interruption
- public and occupier liability
How should flood risk be reviewed?
- confirm the flood definition
- review location and floor level
- check sub-limits and deductibles
- separate sudden damage from maintenance
- document protective measures
What does business interruption require?
- an insured physical-damage trigger
- reliable revenue and cost records
- a realistic indemnity period
- current continuity planning
- review of key dependencies
What should the lease and policy match?
- insured parties and interests
- repair obligations
- claim notification
- fit-out ownership
- required limits and renewal evidence
Where should you continue your research?
Use Commercial · verified directory · Learn for related BAANLYY guidance and qualified support.
Match the policy to the lease.
Map building, fit-out, stock, income and liability exposure to named policy sections.
Find commercial insurance supportFrequently asked questions
Does the landlord policy cover tenant stock?
Usually not unless specifically included.
Is flood automatic?
No. Confirm wording, limits and deductibles.
What is business interruption cover?
It can cover defined financial loss after insured physical damage.
Should tenants provide proof?
The lease may require it.
Who handles a joint loss?
Landlord, tenant, insurers and manager may need coordinated evidence.
Sources & References
- Office of Insurance Commission
- Thai General Insurance Association
- Department of Business Development
- Royal Thai Government Gazette
Primary and official sources are cited above. Government rules, fees and procedures in Thailand change over time and vary by office; always confirm current requirements with the relevant authority before relying on them. BAANLYY never takes paid placement in editorial content.
