Fire Insurance
Covers the loss or damage to the insured property such as office building, office equipment and other property due to an insured peril such as fire, lightning, storm, inundation, missile testing operations, impact damage, riot & strike etc. The perils could be man-made or Acts of god perils which are acting at the time of the loss or damage.
Erection All Risk Insurance
Covers the insured risks of loss or damage to the property during construction or testing. The policy also provides comprehensive cover for the projects during the storage of raw materials, erection phase as well as testing phase of the property at the insured site. Add-ons under the policy can cover the damages or losses suffered by third parties.
Contractor’s All Risk Insurance
Covers the insured's property regarding contract works, plant and machinery in the construction site against any man-made or act of god perils. Third-party claims for bodily injury and property damage sustained during a civil project are also covered by the policy. Under this approach, every one of the dangers are covered aside from those ...
Directors and Officers Liability
Covers the claims arising out of the losses or damages arising out of the lawsuits against the directors and officers of a company for any alleged wrongful acts or negligence in their decision-making. The policy reimburses the defense costs incurred by the board members, directors and other key members in defending themselves against the ...
Trade Credit Insurance
Covers the businesses against the default risk of the customers who take the money from the business and fail to repay them. If the customers can only repay the money partially or within a stipulated period or outside the payment terms for a business, then the trade credit insurance policy would settle the claim up to the business's limit.
Motor Insurance
Covers the loss or damage to the vehicles of the businesses against any of the insured perils up to a certain sum insured limit. Corporate companies would have a fleet of vehicles ranging from personal cars and two-wheelers to commercial vehicles such as goods carriers, passenger carrying vehicles which can be insured under motor insurance.
Marine Insurance
Covers the loss or damage to the cargo as well as the hull due to any of the insured perils mentioned under the policy. Marine cargo insurance covers the cargo's loss or damage during loading, a voyage, or at the warehouses. In contrast, marine hull insurance covers the loss or damage to the hull whilst in the sea or at the port due to any insured peril.
Cyber Risk Insurance
Covers an organization's liability in case of a data breach involving the sensitive information of the customers and that of the organization. The policy pays for releasing the systems from hackers, the costs incurred in decrypting the information, and the costs incurred in recovering the information.
Keyman Insurance
Covers the financial losses arising from the death or disability, rendering them unable to perform their duties in the organization. Keyman could be any employee who contributes significantly to the day-to-day operations of the company and without whom the business would incur significant financial losses.
Professional Indemnity Insurance
Covers the claims arising out of the losses or damages to third parties due to your services. The claims could be a result of negligence during the execution of the services. Professional indemnity insurance covers professionals such as doctors, architects, engineers, Chartered accountants, etc., for any legal liability arising out of errors ...
Commercial General Liability
Covers businesses from financial losses arising from property damage or bodily injury caused by your services, business operations and employees. The corporate insurance policy protects businesses from liabilities arising from their activities. The policy is offered on a claims-made basis in which the claim would be settled ...
Long Term Home Insurance
A homeowner with peace of mind knowing that their property is protected against unforeseen events that can cause significant damage. With coverage that extends beyond the typical one-year term, long-term home insurance provides a reliable safety net for homeowners looking to protect their investment for the long haul...
Travel Insurance
Travel insurance comes with a lot of power packed features such as hospitalization cover, dental cover, reimbursement in case of loss of passports, tickets, checked-in baggage cover, cancellation of flight, hotel booking cover, delayed flight, missed connection, home contents cover, pet cover, repatriation cover etc.
Film Insurance
Film insurance in India refers to ensuring the film is against any unforeseen circumstances resulting in a loss to the film's producer. The unforeseen circumstances include accident, illness, or disease to the actors in the film leading to the cancellation of schedules and resulting in direct loss to the producer; the other circumstances ...
Event Insurance
Events such as Corporate conferences, get-togethers, seminars, concerts, award ceremonies, annual functions, birthday functions, marriage functions, destination weddings, sports events, etc., are a part of life and involve financial and personal interests at stake if the outcome is not as planned. One would spend a lot on these events, and abrupt cancellation ...
Product Liability
Product liability insurance provides legal protection to its insured in case they face claims brought by third parties for bodily injuries caused by products manufactured or supplied by the insured. Under such policies, an insurance provider would reimburse all expenses related to defending claims made against an insured party.
Claim Payout Options in Term Life Insurance
Claim payout is the final stage in an insurance policy which is also a very important stage as one should be able to identify the payout option that should be exercised by the insurer at the time of claim settlement which would ultimately benefit the family members of the insured.Claim payout can be done in different ways, such....
Commercial Crime Insurance
Commercial crime insurance policy is also known as Business Crime Insurance and is designed to cover the losses arising out of internal and external perils related to business such as fraud, forgery, theft, burglary etc. There can be large losses which are compounded over a period of time in a business due to the dishonest acts of internal and ....
Jeweller's Block Insurance
Jeweller’s block insurance is designed to cover the risks jewelry manufacturers and sellers face. Jewelry block insurance covers the loss or damage to jewelry, including watches, valuables, ornaments, cash, and currency notes, against theft, burglary, and other perils. This policy is designed particularly for the makers and sellers ...
New Motor Insurance Add-on "V-Pay"
Bajaj Allianz has recently launched a motor insurance add-on, "V-pay," to provide its customers with one-stop insurance solutions by bringing together all the add-ons in one place. This add-on covers both conventional and emerging risks for your four-wheelers. Previously customers had to choose from a list of fragmented covers...
Trucks/ Commercial Good carrying vehicle (GCV) insurance
Good-carrying vehicle insurance applies motor insurance to commercial vehicles designated to carry goods. Commercial vehicles are those driven for business purposes, including passenger-carrying or goods-carrying vehicles. Vehicles that are driven...