Every business has a specific set of requirements. Our range of business products is especially designed to meet your business needs across the commercial spectrum. It is pivotal to get adequate insurance cover for your business to mitigate risk.
This Policy indemnifies against the accidental physical loss or damage to the Property Insured described in the policy. It includes loss or damage due to fire, lightning, aircraft, explosion, earthquake, strike, riot, civil commotion, malicious damage, storm, tempest, flood, bursting and/or overflowing of water tanks, pipes and apparatus (including sprinkler leakage), impact by own vehicles, theft or attempted theft (by violent and forcible entry to or exit from the premises) and accidental loss or damage

Policy Details

Sum Insured | Premium | Excess

Sum Insured

Property can be insured on depreciated cost (market value) or replacement cost basis. In order to get full protection, insurance on reinstatement (replacement) basis is recommended.

Premium
• Premium rate depends on construction of building and occupancy and most significantly based on the location.

• Discount/ loading in premium is given based on past claims experience.

Excess:
The excess is the first part of each and every claim which must be paid by you at the time of a claim. The amount may vary depending on the level of cover you have chosen. It is applicable per person per section.