One of the most important goals that any employer seeks to achieve is employee satisfaction. An organization may provide various facilities to make its employees feel comfortable. These include suitable parking space in the office area, good-quality stationery, and free beverages or decent food options in the office canteen. Some organizations also organize free medical […]
Search Results for: office insurance
Here's what we've found for you
Group insurance policies that offer life cover
Coverage under group life insurance policies depends on the terms and conditions under which a company buys the policy. Types of group insurance policies There are different group insurance policies that come with life insurance cover. Group term life insurance This policy offers a lump sum benefit payable to the specific ed beneficiary in case […]
Who should buy Property and Casualty Insurance?
Business owners having staff working in their factories, industrial premises, and even offices should have adequate Property and Casualty Insurance. This will protect them against heavy losses in case of property damage. And in addition, if this causes injuries to their own employees or another party. So, let’s see who should buy property and casualty […]
What is covered under Building Insurance?
The building insurance policy 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 leaking tanks and pipes. Deliberate damage is caused by someone with malicious intent externally or by someone who is unlawfully on the property. Loss due […]
What is not covered under Building Insurance?
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. […]
Minimizing the premium on building insurance
Building insurance is a product that offers insurance coverage to residential and commercial buildings. Specifically, owners can buy this policy to protect their buildings from risks due to fires or natural disasters, explosions, burglaries, etc. Let’s find out how to minimize the premium of building insurance. Tips to lower initial premium on building insurance The […]
Who can purchase building insurance?
For people living in or using a building, natural disasters or fires or burglaries are all real concerns. To protect against such risks, owners of commercial or residential buildings buy building insurance. So who can purchase building insurance? Owners of commercial or residential buildings may fully or partially use these structures themselves or rent them […]
What does not cover under Art Insurance?
Art insurance secures the most precious work created by an artist against financial damage. The coverage is applicable for all of the insured perils or risks. The following risk does not cover in art insurance: Art insurance does not cover loss to the insured article due to the aging of its intrinsic material. Loss to […]
How to file a claim under Factory and Warehouse Insurance?
Given below are the steps you need to follow to file a claim under factory and warehouse insurance: Inform the Insurer: You will need to inform the insurer about the incident and the approximate loss incurred due to various factors mentioned in the policy. Complete the Claim Form: You might need to fill out a […]
What is not covered under Factory and Warehouse Insurance Policy?
Factory and Warehouse insurance policy does not cover the following: Short-Circuiting: Any mishap including fire due to short circuits is not covered in the particular policy. Deterioration: As we know everything has a time limit and depredation is a natural process. Hence the gradual deterioration of the machinery or the loss due to seepage and […]