Leading Insurance Brokers in Industrial All Risks (IAR)

Features

Provides Reinstatement value coverage for buildings, machinery, furniture, fixtures, fittings, and electrical systems.
Stock is covered on a market value basis.
All-risk package policy with specific exclusion covering fire and allied perils, MBD, FLOP, EEI, BPP under compulsory cover, and MLOP as optional.
Applicable for operational plants where the sum insured is minimum Rs 50 crore in a single location under Building, P & M and content.
Basis of sum insured under the policy is the reinstatement value of the property (as on the date of taking the policy).

Note: If the underinsurance on each item of the schedule does not exceed 15% of the total sum covered, it will be ignored.

Claim Process

Notify your insurance company

Understand your policy coverage

Document the loss or damage

Gather supporting documents

Complete the claim form

Submit the claim form and documentation

Claim assessment

Claim settlement

Negotiation (if needed)

Claim payment

Claim payment

Thank You

Note: The claims process can vary depending on the specific circumstances and the policies.

Meet The Team

Our team works with a unified vision of delivering best-in-class services in relation to broking, client servicing, underwriting, risk management & more.