Property Insurance
Business owners who have staff who works in their factories, industrial premises and even offices should have adequate Property and Casualty Insurance. This will protect them against heavy losses in case their property gets damaged and in addition, if this causes injuries to their own employees or another party. Small Business: Small business owners would […]
Art has become a profitable investment in modern times. It is high on price and is a long term investment. Art can also be stolen or destroyed, which makes it important to insure your art. Since art is not covered under home insurance, you need to purchase a specific art insurance policy. Whether you display […]
A motor fleet insurance provides a cover to the entire fleet of motors. Based on the vehicle type and fleet size, the insurance can be tailored. It is designed for small, medium and large companies with a large number of motor vehicles. Instead of insuring each vehicle separately, the motor fleet insurance will provide one […]
There are many limitations to your standard motor fleet insurance policy. You should not think that a motor fleet insurance policy means zero-expenditure. Even a comprehensive insurance policy does not mean zero out-of-pocket expenditure. Certain conditions when your motor fleet insurance papers will not help you. Wear and tear on your vehicles If your vehicle […]
A claim under art insurance can be filed by calling the contact centre toll-free number and sharing the preliminary loss details. The insured can also reach the claims department by filling up the claims reporting form on the website. The claim filing process takes place in two stages: Insured files the claim with basic details, […]
The building insurance for the business mainly provides coverages for: Damages to the building and the permanent fixtures in it that can be caused due to earthquakes, lightning, or the leaking tanks and the pipes. Deliberate damage caused by someone with malicious intent externally or by someone who is unlawfully on the property. Loss due […]
Usually, the building insurance for commercial properties does not provide protection for: The contents of the building like office equipment, computers, documents, furniture, and other assets. Any intentional damages caused by your employees or the tenants to whom the office space is let out. Any damages caused by the pets, vermin, or wear and tear. […]
The premium of the building insurance is dependent upon various factors. Here are the few general tips that can help you minimize your building insurance premium amount: Do not over insure: In case of building insurance, you need to insure up to the amount of rebuilding the building following the damage which will be generally […]
The building insurance is generally meant for large commercial building owners and homeowners. The owners can use the commercial building/residence to run their own business/live or to rent it. It may be possible that the owner of such building may occupy the part of the business and lease the remaining to someone else. The owners […]
Engineering all risk insurance covers a wide range of risks to which a project is exposed to, starting right from ordering of material at site till successful testing and completion of the project. This plan is very useful for owners, contractors, architects, consulting engineers and investors because it leads to the reduction of overall construction […]
