Cover your Business Risks

A Public Liability Insurance policy can be tailored to your needs. It can be extended to cover your exposure whilst you operate outside your business premises. It can also cover your liability as a tenant or a landlord. In it’s extended form, this policy can be converted to a Commercial General Liability insurance by including coverage for Products Liability.

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  Tenant’s / Landlord’s Liability

  The policy covers your liability towards either your landlord or your tenant.

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  Workaway Cover

  Though the basic cover is restricted to your business premises, the policy can be extended to cover work-away risks.

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  Food and Drinks

  Any liability arising out of serving/delivering food or beverages can be included in the policy.

A PI (Professional Indemnity) Insurance policy can be taken by professional organizations that are involved in intellectual works. It can be taken by Lawyers, Consultants, Chartered Accountants, Engineers & Architects, IT Consultants etc. PI Policies can be taken for specific projects or annually.

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  Covers Errors and Omissions

  The policy is designed to provide indemnity for financial liabilities arising out of an error or omission in your professional duty.

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  Project Specific Policies

  Short term or long term project specific policies can be provided. Policies can even have Extended Reporting Period as per requirement.

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  Different Professionals

  Different covers are available for Engineers, Lawyers, Chartered Accountants, Software companies etc.

A Property All Risks (PAR) Insurance policy is a wider form of cover compared to standard fire and Allied perils policy. It covers all the major perils including (but not limited to) destruction, loss or damage to the property by fire, accidental damage, lightning, explosion, storm, tempest, flood, bursting and overflowing of water tanks, apparatus or pipes, earthquake , theft due to forcible and violent entry etc.

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  An All Risk Insurance Policy

  It is called an All Risk Insurance policy since it covers all perils apart from those specifically excluded in the policy.

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  Insure Operational properties

  A PAR insurance policy can be issued for any property which is operational and is fixed.

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  Insure Loss Of Profits

  The policy can be extended to include Business Interruption or Loss of profits due to interruption in business following an insured peril.

A Contractors All Risk Insurance can be taken for a specific project or for all projects undertaken by a contractor in an year. It has 2 sections:The first section covers material damage to the contract works, construction equipment and principal’s surrounding property. The 2nd section covers legal liability arising out of third party death / injury or property damage due to emanating from the construction project

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  All Risk Insurance Policy

  This policy covers all perils apart from those specifically excluded in the policy.

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  Type Of Projects

  A CAR policy can cover any projects that is majorly Civil in nature including construction of villas, buildings, roads, bridges etc.

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  Annual Policies Available

  For contractors who undertake many projects which are similar in nature, an annual policy covering all projects can be offered.

The Office Package Insurance policies are segmented into various sections like Property damage, Business Interruption, Liability, Workmen’s Compensation, Money Insurance, Fidelity Guarantee and other similar covers. This gives an advantage to the business owner to get all possible covers included in a single policy document with a single policy expiry date.

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  Combined Policy

  This policy is combined to include various covers that is required by an office.

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  Choice of Sections

  The insured can choose one or more sections from the available options.

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  Saves Administrative Hassles

  A single policy with a single expiry date saves a lot of administrative hassles vis a vis having separate policies for each cover.

A Workmen’s Compensation policy pays compensation for death, injury, disability, medical expenses etc. arising out of accidents for employees that are exposed to various work-related risks while performing their routine functions. In addition to the basic cover, the policy can be extended to include Employer’s Liability Extension to protect against claims made against the employer by the employees or their families.

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  Compensation as per Labor Court

  The policy provides compensation as per the labor laws.

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  Additional Covers

  Various additional covers like medical expenses, 24 hours Cover, repatriation expenses etc can be given.

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  Employer’s Liability

  The employer’s liability section covers the legal compensation that the employer might be subject to if they are held liable.

Business Interruption Insurance protects companies from loss of income due to interruption, delay, or closure of operations resulting from property damage. This policy covers both damages caused by natural causes such as fires and floods well as man-made incidents such as vandalism and theft. It also covers rent expenses, lost profit costs, payroll, and other losses sustained from work interruptions.

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  Payment of taxes and loans

  The policy protects companies from penalties through prompt payment of loans and taxes.

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  Reimbursement of profits

  Revenue that would have been earned by the company prior to business interruption is reimbursed under this policy.

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  Covers employee wages

  Even with disruption of business activities, the policy ensures that the payroll process remains unaffected.

Marine Insurance protects companies from cargo loss or damage through the movement of goods both within and across international borders. The policy covers aircraft, vessels, and marine operations and offers flexible insurance solutions to ship operators, yacht owners, importers, exporters, and traders.

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  Open Cover for Shipments

  This feature provides coverage for all cargo shipments of the insured that are in transit under one policy.

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  Trade Disruption

  Marine insurance covers revenue loss due to damage of vessels caused by machinery breakdown, collisions, or extreme weather conditions.

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  Hull and Machinery

  The policy protects company vessels and fleets from damage caused at sea.

Cyber Risk Insurance prevents business interruption due to cybercrimes, privacy abuse, information hacking, or malware. It is an essential requirement for companies operating in this digital age dealing with bulk information.

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  Data Restoration Expenses

  Profit loss and costs arising from security failures, software patches, or network errors are covered under cyber insurance.

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  Privacy Liability Coverage

  This feature protects companies from liabilities due to privacy violations and exposure of sensitive information related to customers through cyber-attacks.

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  Ransomware attacks

  Company data is always prone to attack through malicious software, links, attachments, and emails. Cyber insurance protects businesses from loss of revenue due to data leaks.

Aviation insurance policy coverage includes aircraft and property damage, and personal injury, and ensures protection against legal liabilities from passenger and third-party claims. All physical loss or damage risks to owners, operators, passengers, baggage, and cargo carried on the aircraft are covered by aircraft insurance plans.

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  Passenger Liability

  Aviation insurance offers passenger coverage in the event of fatalities to pay for medical bills and other expenses.

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  Crew Liability Coverage

  In the event of the death or injury of an aircraft crew member, aviation insurance covers expenses and protects companies from legal liabilities.

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  Aviation Product Liability

  Product liability coverage protects aircraft manufacturers from legal responsibility for harm or injury to a third party resulting from a product failure.