GENERAL INSURANCE
General insurance covers all Risks other than life, like Motor, Industries, Home, Transit of Goods, Personal Accident, Aviation and Like Risks.
Machinery & Business Interruption Insurance
Machinery and Business Interruption insurance is a policy used to protect against unexpected breakdown or loss of equipment as well as the option to cover the financial implications to your business.
This policy provides cover for financial loss suffered consequence from a machinery breakdown. This policy provides cover for the loss of profits sustained as a result of a business interruption caused by material damage indemnifiable under the Machinery Breakdown Insurance. Duration of cover is for one year.
Business Interruption Insurance is insurance coverage that replaces income lost in the event that business is halted for some reason, such as a fire or a natural disaster. This type of insurance also covers operating expenses, a move to a temporary location if necessary, payroll, taxes, and loan payments.
Machinery Breakdown (MBD) Insurance policy is an ideal cover for all kinds of plant and machinery, to cover cost of repairs or replacement of damaged parts as a result of unforeseen and sudden physical damages.
Important Note: - The contents available on this site is for General awareness/Knowledge only. The actual canvases depend upon the cover opted for and subject to terms and condition of the policy issued by respective Insurance Companies.