Highlights

                      This is a comprehensive policy covering all physical risks which a project is exposed to right from the warehouse of the supplier of equipments - whether imported or indigenous - to its erection, testing and commissioning at the site. In case the supplier has arranged transit insurance upto the site, a Storage cum erection policy can be issued limiting coverage to risks that the project is exposed to at the site only.

                      In case the policy period exceeds 12 months, the premium can be paid in quarterly installments with the first installment being more by 5% and the last installment being paid 6 months before expiry of the policy.

                      For project value exceeding Rs.1500crs, specially designed policies are available.

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                     Fire Insurance was governed by All India Fire Tariff effective from 31.3.2001 issued by Tariff Advisory Committee, a Statutory Body. The Standard Fire and Special Perils Policy covers all properties on land (excluding cost of land), moveable or immoveable, at various locations against named perils.

                  Special Types of Policies are designed for Stocks (declaration and floater), Building, Plant & Machinery keeping in mind the nature of property, proposers' requirements and basis of indemnification. Long Term Policies available for Dwellings with suitable discounts in premium.

                Policy can be extended to cover certain additional perils and expenses at additional premium. Certain perils can be deleted with discount in premium rates. Discount in premium available for good claims experience for sum insured more than Rs. 50 crores in one location and for installation of fire extinguishing appliances. Concept of "one risk one rate" for all properties in an Industrial or Manufacturing Complex, for administrative convenience of the proposer.

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               This policy is meant for professionals to cover liability falling on them as a result of errors and omissions committed by them whilst rendering professional service.

                  The policy offers a benefit of Retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of the policy, also become payable. Group policies can also be issued covering members of one profession. Group discount in premium is available depending upon the number of members covered.

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                This cover is suitable for those Directors & key officers who are in a decision -making position.These directors and officers in pursuance of their duties may take some actions which may be in violation of certain statutes or Indian Laws.

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                This is a specially designed policy which covers accidental loss or damage to electronic equipment.

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                Errors & Omissions insurance protects businesses providing professional services to their clients against any legal liability. This insurance covers for costs towards damages resulting due to any negligence, breach of professional duty due to an act, errors or omission committed or occurring in good faith and resulting in monetary loss or damage to clients.

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                Employees are the biggest asset of an organisation and every business must ensure that it provides a safe & secured environment to all its employees so that they can perform to the best of their abilities. However, inspite of the best efforts by the employers, the employees can be exposed to certain risks while discharging their professional responsibilities, especially when they are not within the company’s premises. In such unfortunate events, legal suits filed by employees can lead to substantial financial losses for the employer. It can also impact the long term future of the business especially in case of small and medium enterprises (SME).

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                The Commercial General Liability Insurance policy will provide necessary financial support to businesses against any legal liabilities due to a bodily injury or property damage that can oc-cur as a result of your business operations. A Commercial General Liability insurance policy is one of the most important policies to be considered for all businesses. There are potential threats of an accident to a customer, vendor, or any third-party involved with your business. Even a simple slip and fall in the premises can be devastating resulting in a potential lawsuit.

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                Data breach is the fundamental premise for Cyber risk insurance. In most cases, data loss will lead to increased costs to manage incidence of such breach, rectifying the cause, legal liability, dealing with business stakeholders and have a significant financial impact on company’s balance sheet. Alongside, these financial losses, an event of data breach also may result in business interruption and loss of profits.

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                Factory and warehouse policy is a comprehensive policy which covers losses due to damages to goods, building and machinery stored on and outside the premises. along with loss of profit because of the said damages.

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                Contractor's All Risks (CAR) is an insurance policy that covers the property damage as well as the third-party liability injury or damage claims. This insurance helps to bridge the gap between these two risks and combine them into a single policy and also helps to cover the gap between the exclusions that would otherwise require different policies.

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                Engineering All Risk Policy coverage tailor made product to cover any kind of unprecedented loss arising out of the erection and installation of small or huge machineries, plants or steel structures, including physical damage to equipment and machinery during the course of any project.

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                Doctors are treated second to God in our society, with people reposing a high degree of trust, faith and belief. They bring their knowledge and skills in treating a patient and relieve them from misery. But, this is not easy for them as they are at risk at every stage of the treatment process.Any carelessness, neglect, failure or non-performance of their duty could doom their rewarding professional career and put them under a lot of financial stress. Doctors need better safety net for protection. Explore "Doctor Indemnity Insurance" — an insurance protection for mitigating the risk against any legal suits.

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                Pay all sums for which the insured shall become legally liable as compensation for physical loss or destruction of or damage to goods or merchandise ... while in transit ... including during loading or unloading and while temporarily housed on or off vehicles in the ordinary course of transit.

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                You have probably heavily invested financially, physically and emotionally in your business. However, certain untoward incidents can result in loss due to fire and therefore it is critical that your premises are protected. While running a business, our focus continues to be maximising opportunities and managing customers & cashflows, often losses come at the most unexpected times.

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                A business has many moving parts - dynamics which can result in loss due to fire. A faulty cabling/electrical malfunction, inflammable kitchen cleaners, careless employees forgetting to stub beedis and cigarettes, chemicals which at times spontaneously catch fire and the list can be endless. While running a business, our focus continues to be maximising opportunities and managing customers & cashflows, often losses come at the most unexpected times.

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                The policy provides coverage against unforeseen and sudden physical loss or damage to the electronic equipment and data media that occurs owing to perils other than those specifically excluded.

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                The Marine Sales Turnover policy (STOP) addresses the inland transit of raw materials or finished goods, customs duty, transits to and from job works, and export and import all at once, thus saving the insured the inconvenience of numerous declarations. STOP is an open policy in the actual sense of the term and the premium is charged only on the sales turnover. Marine Sales Turnover Policy covers physical loss or damage to insured goods during transits by sea, post or parcels, rail, road and air.

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                It is a kind of insurance which protects the insured financially in case the product is defected. For example, a food manufacturing unit will be protected in case a contaminated product is released in the market which caused bodily injury or illness etc.

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                Business Interruption Insurance protects business by compensating for loss of income in the event of close of business operations. The closure has to be due to a covered loss that has caused damage to the business premises. This insurance cannot be offered as a stand-alone policy, and a standard fire policy (property damage) need to be purchased to benefit from this insurance. Business interruption insurance will help small businesses plan and manage for a disaster that puts their business temporarily unusable due to a damage caused by fire, flood or other perils. This insurance is also called as "Consequential loss of profit insurance".

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                Industrial All Risk Policy is tailored made and designed to covers any unprecedented accidental loss or damage to insured industrial property. It’s a well thought insurance product cover damage to all types of fixed assets of any manufacturing unit and is a back up plan that compensates for any loss of revenue or profits following a physical damage to the fixed assets due to some accidental cause.

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                You get so many visitors in your office premises on a day to day basis like customers, vendors etc. You must cover your business from all financial risks arising out of third party loss due to, say:
                   1. Collapse of building structure.
                   2. Accidental falling of fixtures.
                   3. Bad maintenance in premises leading to accidents.
                   4. Leakage of toxic substance leading to accidents.

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                This policy covers all sums (inclusive of defence costs) which the insured becomes legally liable to pay as damages as a consequence of:
                   1. Accidental death/ bodily injury or disease to any third party.
                   2. Accidental damage to property belonging to a third party.
            Arising out of any defect in the product manufactured by the insured and specifically mentioned in the policy after such product has left the insured's premises. The policy offers the benefit of retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of policy, also become payable.

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                Group Accident Insurance is a pure compensation cover where Lump Sum payment equal to Sum Insured is made as compensation in case a fortuitous event resulting in death or disability to any member of the group.

                It is a best Way under which large number of people are brought under Social Security cover. The purpose of Group Accident insurance is to pay fixed compensation for death or disablement resulting from accidental bodily injury. The personal accident insurance policy provides that, if at any time during the currency of the policy, the insured person shall sustain any bodily injury resulting solely and directly caused by external violent and visible means.

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                Group Health or Medical Covers are generally brought by employers or business owners for the employees of the organization and their dependent family members. It is a best Way under which large number of people are brought under Social Security cover.

                Employees in a progressive organisation are provided many benefits, health insurance being one of them. This benefit allows for payment to hospitals in the event of being admitted for treatment. Depending upon the nature of the business and competitive industry scenario, organisations offer this to employees and their families.

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                Group Term Life Insurance (GTLI) policy help companies provide life insurance to its employees. A single policy is issued for all members of the group which is renewed on an annual basis. The policy allows for addition or deletion of members of the group anytime during the policy period and sum assured is paid to the nominee on death of any of the member of the group. It serves as a cost effective tool for employers to buy higher covers at low premium thereby serving a retention tool for the companies. It is hugely beneficial to employees too as there are no medicals required till a certain sum assured.

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                As the name suggests, it insures a group of people who may or may not be related to each other. It may be a group of employees of the same organization or a group of people going out for a vacation or to attend a wedding. It is travel insurance but instead of an individual, it covers a larger number of people. There are 3 types of group travel insurance, namely, travel medical plans, accidental death and dismemberment plan and comprehensive plan.

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                The Gun Insurance Program is designed to give you strong, reliable coverage at affordable rates. All are backed by a dedicated team that truly understands your needs and wants to make sure you have the peace of mind you deserve.

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                Golfers insurance has been designed to offer extensive cover to suit every golfer. Our Golfers’ Insurance allows you to enjoy your game with complete peace of mind by providing a comprehensive cover at golf course premises which includes driving ranges.

                 Cover against loss or damage to the insured equipment arising from theft or attempted theft other than from a motor vehicle occurring anywhere within the territorial limits specified.

                  Coverage for hospitalisaction expenses in case of any accidental bodily injury sustained by anyone on the golf course who is injured by the Golfer while playing or practising golf.

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                Calamities come unannounced and can cause irreparable damage to your home and finances. With comprehensive home insurance, secure your home and its contents against natural calamities and stay rest assured.

                 Home insurance policy gives protection for only the building (structure) of your home, or only the content (belongings) of your home, or both as per the coverage opted. The policy covers losses to the structure and/or content of your home, that might occur due to a number of natural and/or man-made calamities.

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                A form of travel insurance that provides coverage in case one's checked or carry-on luggage is lost, stolen or damaged. Baggage insurance is purchased because the airline itself provides little or no coverage automatically. Baggage insurance generally only applies to airline travel, though theoretically one may purchase it for ocean or train transit.

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                It is a specialist insurance policy that covers the cost of replacing or repairing your phone if it is lost, damaged, or stolen. As mobile phones get smarter, you could pay hundreds of pounds to replace yours if it gets lost or damaged. Here is what you need to know about how mobile phone insurance works.

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                Like any other member of your family, your pet is subject to illness or injury, and you're liable for any damage he or she does. Luckily, there are a number of different insurance products that will help protect you and your family from the financial cost of a pet emergency.

                If you have a dog, cat or other pet, you probably visit the veterinarian on a regular basis—and it can be expensive, especially when an illness or emergency necessitates tests or surgery. Pet health insurance works in a similar manner to human health insurance policies, in that they both include annual premiums, deductibles, co-pays and caps.

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                Whether at your home, on your auto, riding the trail or the road, bicycles are rarely covered for theft or damage. Velosurance offers the availability of a multi-risk, stand-alone insurance policy allowing cyclists to insure their bikes for theft, physical loss, damage, and liability. Your bike is covered if it’s damaged in a crash. On a road or trail, a group ride or a race, if it’s damaged in an accident, it’s covered.