This insurance policy protect your property like buildings, plant and machinery, stocks and other installation against losses or damage caused by fire, flood, storm, earthquake, terrorism, vandalism, theft, smoke, hail, the impact of snow and ice, lightning, accidental damage and breakdown and more. This policy cover the cost to replace or repair the property by providing monetary compensation.
Introduction
Who can take this Policy?
Coverage
Add on Covers
Basis of Sum lnsured
Exclusions
IMPORTANT POINTS TO REMEMBER WHILE BUYING THE POLICY
Key Documents at The Time Of Claims
General Claim Intimation
Format
Immediate Action Client
Should Take
Indicative General Documents
for Settlement of Claims
General Claim Intimation Format
Date of Loss
Description of Loss
Contact person Details
Approx Loss
Policy Number
Immediate Action Client Should Take
Take photographs/ Video
Take all necessary steps to minimise the loss
Inform the Insurance company
Indicative General Documents for Settlement of Claims
Incident report
photographs
FIR
Fire brigade report
Why Choose Us?
Professional & Experienced Team
Customized Solutions
Strong Relationship With Insurance Companies
Service Commitment ONTIME EVERYTIME
Technological Edge
Additional Services Offered
Competitive Premium
Single Window Solution
Downloads
Proposal Form
Proprosal Form
Policy Wordings
Policy Wordings
Claim Form
Claim Form
FAQ's
PREMIUM
COVERAGES
CLAIMS
OTHERS
Claim Case Study - 1
1
Situation
A event management company has been organising a musical night very year in a city. The event has been successful in the past. Due to riots in the city all the events was cancelled by the government and the organization suffered huge loss.
2
Challenge
Cancellation of event due to Riots was not covered under the policy.
3
Solution
Since the loss due to riots are not covered under the policy various measures were suggested to reduce the loss.
4
Advisory/Conclusion
The policy should be comprehensive policy covering natural calamities, riots, strike & fire etc.
Claim Case Study - 2
1
Situation
A marathon was organised to raise funds for the cyclone affected areas. Just before the event was about to start, the plaster of the building fell under which the participants were standing. Few of the participants got injured.
2
Challenge
The policy has a very small amount of coverage under Medical expenses, which was not enough to cover the entire expenses.
3
Solution
Since the loss due to riots are not covered under the policy various measures were suggested to reduce the loss, like treatment at home if possible. This reduce the overall expenses.
4
Advisory/Conclusion
Adequate cover should be taken for medical expences.