About the Policy
The policy aims at providing complete coverage to your commercial property in terms of loss, damage and other untoward events.
It is designed to offer a comprehensive cover that secures your business from physical damage and allows for businesses to run smoothly.
- Damage caused to commercial property due to fire, riot & strike.
- Coverage against assets lost and damaged due to burglary, housebreaking, larceny or theft.
- Accidental loss or damage of commercial property.
- Additional covers include mechanical, electrical breakdown and worldwide coverage.
- Damage caused by any process of cleaning, dyeing / bleaching, restoring, repairing or renovation or deterioration arising from wear or any other gradually operating cause such as heating, drying etc.
- Loss or damage caused by any defects existing at the time of commencement of the present insurance.
- Loss or damage for which the manufacturer or supplier is responsible.
- Loss of or damage to rented or hired property for which the owner is responsible.
- Loss or damage to money, securities, manuscripts, deeds, bonds, bills of exchange, promissory etc. War and war like operations, terrorism and nuclear risks.
- Deductible consequential loss or legal liability of any kind.
Refer to the policy wordings for further details.