Insurance given to business establishments to cover different perils related to movement of goods & services, decision making aspects, employee liabilities, eventualities like fire or burglary or accident in the premises, petrol stations, malls, hotel & public places, erection & commissioning at construction sites, educational institions, professional indemnity for professionals like doctor’s & surgeons are listed as Business insurance.
WC policy covers the employer’s liability against Accidental death, Permanent total disablement, Permanent partial disablement, Temporary total disablement of its employees during the course of employment. Optional covers: Medical extension.
Marine cargo policy covers loss or damage to goods in transit by air, sea, road, rail etc. It can be Single Transit or Open policy (multi-transit). Some of the perils covered are: Fire, Sinking/Capsizing of vessel, Overturning, Collision, loss during loading / unloading, sea water entering ship, earthquake, volcanic eruption, lightning etc (depending on type of cover chosen).
Fire policy covers the physical assets of insured against Fire set of perils, Earthquake & terrorism. In Fire policy Set of perils include Fire, Lightening, Explosion/ Implosion, Aircraft damage, Riot/ Strike/ Malicious damage, Act of god perils, Impact damage, Subsidence & landslide, Bush fire, Leakage & Automatic sprinkler installer & Missile testing operations.
Burglary policy broadly covers loss or damage by burglary /house breaking theft following actual, forcible & violent entry of and /or exit from the premises, including hold up risk & damage caused to premises.
CAR / EAR are project policies, that insure a project against Fire, Earthquake, Flood, Collapse, Theft or Burglary, right from the point materials have arrived at the project site to completion & handover. CAR policies are generally given for civil projects, while EAR policies are generally given for Engineering projects.
CPM policy designed to over construction equipment like bulldozers, cranes, excavators, compressors etc. This broadly covers loss or damage to the contractor’s property due to any cause that is accidental & external in nature. Cover operates when the insured property is at work or at rest or being dismantled for the purpose of cleaning / overhauling or during subsequent re-erection.
Public liability covers legal liability of insured towards damage of third party with respect to accidental death, bodily injury, loss or damage to property & legal costs of litigation.
Product liability broadly covers legal liability & defense costs of the insured arising out of bodily injury or property damage to third party due to faulty product manufactured / sold by the insured CGL or Comprehensive General Liability is a combination of Public & Product Liability.
Directors & Officers Liability policy protects individual directors & officers, in respect of liabilities & defense costs arising out of their wrongful acts like breach of duty, trust, neglect, error, misstatement or misleading statement while performing their managerial duties.
Professional indemnity covers professionals against legal liability arising out of error, omission, negligence in course of performing their professional duties. This cover is also available for IT companies & is commonly known as E&O.
The policy covers offices, its properties, assets & employees. This policy is specifically designed keeping the requirements of IT sector in mind. Flexibility of designing the policy as per office needs allows them to choose the coverage that they may require to protect their property & manpower, all with the convenience of a single policy.
This policy has been designed to meet the needs of an educational institution. Designed to offer all round protection, this policy offers a range of benefits like protection of property, money insurance, workmen compensation 7 others. Institutions can choose the covers they like & we will design the policy as per your needs.
This policy gives coverage to all of its properties & assets & employees. This policy is specifically designed keeping the requirements of hospitality sector in mind. Flexibility of designing the policy as per their needs allow them to choose the covers that they might require to protect their property & manpower, all with the convenience of a single policy.
This policy gives coverage for all of its properties, assets, cash, dishonesty of workers & workers employed by them to run the petrol station. Flexibility of designing the policy as per their needs allows them to choose the covers that they might require to protect their property & manpower, all with the convenience of a single policy.
This policy gives coverage for all the properties, assets, cash, machineries, electronic equipment & also the employees of the malls & multiplexes. Flexibility of designing the policy as per their needs allows them to choose the covers that they might require to protect their property & manpower, all with the convenience of a single policy.