Standard Fire & Special Peril Policy:
Standard Fire and Special Perils policy provides coverage against fire and allied perils named in the policy. The policy can cover building, plant and machinery, stocks, furniture & fixtures, and other valuable contents.
The standard Policy provides risk cover against the following named perils:
Storm, Thunder, Flood, Inundation, etc.
Riot, Strike, and Malicious damage
Impact Damage by Rail/Road Vehicle and Animal
Landslide, Subsidence, Rockslide
Bursting and/or Overflowing of Water Tanks, Structure, and Pipes
Missile Testing Operations
Leakage from Automatic Sprinkler
The Policy provides coverage against “Burglary” which means any theft following upon actual forcible and violent entry of and/or exit from the premises and includes housebreaking.
Any loss of to property or any part thereof whilst contained in the premises described due to Burglary or Hold-up and/or forceful theft or theft of valuables with the office premises or house.
Transit Insurance (Marine):
Transit Insurance (cargo insurance in transit of goods)
Transit insurance covers cargo losses or damage during movement of cargo caused to ships, cargo vessels, terminals, and any transport (Air/Road/Rail/Sea/Courier) in which goods are transferred between different points of origin and their final destination.
Sales Turnover Policy:
Sales Turnover Policy is a flexible Marine Cargo Insurance Policy that covers the insurable Risks associated with the transit of goods by the seller.
This is a highly customizable policy depending on the customer’s business requirement.
Industrial All-Risk Policy:
Industrial All Risks Insurance is a wider cover than traditional “Standard Fire and Special Peril Insurance policy”. It is an all risk policy covering a wide range of perils such as fire and allied perils, burglary, accidental damage, breakdown as well as business interruption.