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Policies

Property

  • Policy Code : PROP
  • First Issue Date : 07th Jun 1996

This Policy covers the expenses incurred loss, damage, destruction of a covered property as a result of the operation in the fires or other defined perils up to an agreed amount. This policy is also designed to protect from damage in Stocks, Building, Shops, Hotels, Schools, Furniture, Godown, Factories, Industries , Machinery items, etc. Policy can be extended to cover certain additional risks and expenses at additional premium.

Some of the risks Covered are:

  • Fire
  • Earthquake
  • Lightning
  • Explosion / Implosion
  • Aircraft damage
  • Riot, Strike, Malicious damage
  • Storm, Tempest, Flood, Inundation, Hurricane, Cyclone
  • Subsidence / Landslide including rockslide, etc.

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