The key to successful business is proper risk management. Its all about managing
risk effectively. We provide comprehensive commercial product for all kind of business/
Industries. Our products will perfectly match your personal and business needs and
provide you a perfect protection cover.
Property can be covered by following Insurance Policies.
Fire and Special Perils Policy
This Insurance covers the loss or damage arising out of not only the peril of Fire
but also damages caused by lighting, riot and strike, storm, tempest, flood and
inundation as well as earthquake, impact damage. One can insure their Building,
furniture and fixtures, machinery, electronic equipment, stocks and other contents
in the premises under such a Policy.
Till recently, the fire insurance was governed by Tariff Advisory Committee which
was responsible for fixing the rates for different types of risks. But from Jan
1, 2008, the fire business was detariffed and now the premium rates differ from
insurer to insurer. Our team is will negotiate the rate with insurance companies
and provide you the insurance coverage at best rates.
Burglary and Housebreaking Policy
This policy covers loss or damage to property arising out of felonious entry in
the insured premises by violent and or forcible means. Property that can be covered
are stocks, stock-in-trade, goods in trust, plant and machinery, fixtures, fittings,
cash or valuables in strong rooms or safes. Anyone owning physical assets and stored
on the premises be it industries/ warehouses/ individuals/ shop owners. The policy
can be extended to cover risk from theft and larceny in residential premises.
Machinery Breakdown (MBD) Insurance
Consider the unexpected occurrences that can damage machinery and cause expensive
production delays or interrupt cash flow. The Insurance Policy broadly covers loss
due to all kinds of accidental, electrical and mechanical breakdowns due to internal
and external causes. Cover is granted during the time the machinery is in operation
or rest or in the process of dismantling, overhaul or during subsequent re-erection
at the same premises.
Electronic Equipment Insurance
This is a comprehensive policy to cover electronic equipments such as computers,
UPS, Audio video equipment, printer, faxes, other electronic/microprocessor equipment
used in the factory/office and covers the damage caused by accidental Fire and allied
perils together with the loss by burglary, excluding losses arising out of wear
and tear. All offices / organisations / hotels / hospitals- any organization using
computers and electronic equipments.
Industrial All Risks
All Industrial risks (other than risks ratable under petrochemicals tariff) having
overall sum insured of Rs. 100 crores and above in one or more locations are eligible
for the policy. A unique feature of this policy is that it covers not only the physical
damage to your assets, but also covers the consequential loss arising out of it.