Commercial lines insurance is a subset of property and casualty insurance. Property and casualty covers the risk of loss or damage to things, or liability that may arise from an accident or negligence. Commercial lines are lines of insurance that cover businesses, rather than property belonging to an individual.
In view of new dimensions of legal liability exposures any business can fall victim to the high cost of liability from simple slip and fall accidents to personal injury and reputation damage claims. That’s why every business needs the type of coverage that Commercial General Liability insurance offers and it is generally a company’s first line of defense against liability arising out of its operations. Commercial General Liability (CGL) policy covers third party liabilities arising from various business operations, be it premises, products and completed operations and/or advertising and personal injury.
Travel
Travel Insurance covers your employees whether it is assistance or specialized travel solutions for your company. With worldwide assistance services from leading insurance companies
Types of Corporate Travel Insurance Solutions
You can choose from a host of personal accident and hospitalization insurance options.
Business Travel Accident
The Business Travel Accident policy can be taken by corporate for its employees. Each policy is for an entire year. During this year, all single overseas trips (not exceeding 180 days) made by each and any employee is covered. The travel days and premium are adjusted according to actual number of days used.
Small Business Travel Accident
Small Business Travel Accident is perfect for corporate where five or more employees frequently travel overseas. A single group policy covers a minimum of five employees for multiple trips, as long as a trip is no more than 90 days each.
Standard Fire and Special Perils Policy
Standard Fire and Special Perils Insurance is a traditional cover that offers cover against fire and allied perils which are named in the policy. The policy can cover building (including plinth and foundation), plant and machinery, stocks,
furniture, fixtures and fittings and other contents.
The standard cover is a named-peril policy covering following named perils:
On payment of additional premium, the following add-on covers can be opted
Public Offering of Securities Insurance (POSI)
The Indian capital markets are witnessing an unprecedented boom and corporate India is all set to leverage this opportunity to raise funds and achieve their corporate objectives.
Professional Indemnity/ Errors and Omissions Insurance (PI / E&O)
Professional Indemnity/ Errors and Omissions Insurance cover provides protection for the company and its subsidiaries for claims brought in respect of negligent acts, errors or omissions in the performance of professional services.
The policy is meant to pay for defence expenses and damages and includes amounts that the insured is legally required to pay because of judgments, arbitration awards or the like rendered against the insured, or for settlements negotiated in accordance with the coverage afforded by the policy.
Office Insurance
You have been an active participant in the rapidly growing Indian economy. With your sheer hard work you have built this business that is reaping benefits for you in the consumption era. You work around the clock to keep ahead of competition, win business, handle staff and manage administration.
While you may love what you have created, it is important to ask yourself one question: "Have I ever thought of insuring it against the threats that may impact my earning?" We provide a complete insurance package that has been specially designed by leading insurance company keeping in mind the insurance needs of your business.
Marine Sales Turnover Policy (STOP)
STOP is a designer product for the discerning customer, an Open Policy in the real sense of the term. The premium for the policy is charged only on your sales turnover.
STOP provides you Transit insurance coverage on:
What are the advantages of Marine STOP?
This policy provides cover from the time the raw material is purchased to movements to all intermediate locations for processing or storage until it reaches the final destination or until the customers responsibility ceases. This
gives a seamless cover on a worldwide basis thereby reducing gaps in the overall process.
Since each industry comes with its unique challenges and logistical issues we look forward to working with you to design a cost-effective product tailored to your needs.
Housing Society Insurance
Yours is a bustling residential complex. Your cooperative society is entrusted with managing the affairs of the society, handling staff and managing administration. We know you have little time to think about managing all the risks involved, but with little security your building and residents are often exposed to various risks and liabilities.
We provide a complete insurance package that has been specially designed by leading insurance company keeping in mind the insurance needs of your society. It is a one touch insurance solution that covers you and your society from threats like, fire, malicious damage, riot, earthquake, burglary, damage to property etc.
Hotel & Restaurants Insurance
You have been an active participant in the booming Indian hospitality sector. With your sheer hard work you have built this business that is reaping benefits for you in the consumption era.
While you may love what you have created, it is important to ask yourself one question: "Have I ever thought of insuring it against the threats that may impact my earning?"
We provide Hotel and Restaurants Insurance offers a complete insurance package that has been specially designed by leading insurance company keeping in mind the insurance
needs of your business.
Group Personal Accident Insurance
Your employees are your greatest asset. To demonstrate that you value them you want to help them and their loved ones in case of misfortune. To cater to this large human pool we can assist in providing tailor made options to suit your needs. With Group Personal Accident (GPA) Policy you can offer benefits like accidental death cover, disability cover, children’s
education allowance and more.
Life is very unpredictable. You would want to make sure that your organization’s most valuable assets, your employees, are protected against such vagaries of life.
Fire and Engineering
We offer products and services for businesses of all sizes. It is important that all types of risks that businesses are exposed to are adequately covered. With wide range of business insurance solutions, now businesses can focus on their business. With our tie-up we offer core solutions like Fire & Allied Perils Insurance and Fire Consequential Loss Insurance to businesses.
Even Large petrochemical complexes, state-of the-art power plants, highways connecting towns and cities, they are fraught with a multitude of risks throughout the development, construction and operation stages requiring the most comprehensive and complex insurance covers.
We provide all kind of insurance solutions for all along with our tie-ups.
Financial Liabilities Insurance
We provide global, state-of-the-art liability insurance products combined with local expertise to the Indian corporate sector. Today’s corporate environment is characterized by increased sensitivity to Corporate Governance issues, stringent client contracts, demanding stakeholders and an increased need for protection against fraud.
This necessitates companies to protect themselves against a wide range of exposures arising out of the dynamic nature of business.
Education Institutes Insurance
We provide Education Institutes Insurance offers a complete insurance package that has been specially designed by leading insurance company keeping in mind the insurance needs of your business.
Directors and Officers Liability Insurance (D&O)
The D&O policy provides cover for the personal liability of Directors and Officers arising due to wrongful acts in their managerial capacity. Defence costs are also covered and are payable in advance of final judgment. This policy provides protection for claims brought against directors, officers and employees for actual or alleged breach of duty, neglect, misstatements or errors in their managerial capacity.
Crime / Fidelity Insurance
It is precisely because companies trust their staff, that many companies donot think they need protection from fraud.
Corporate / Group Health Insurance
It is a well known fact that an employee values a health insurance cover and its benefits. It is viewed by the employee as the second best thing next to monetary compensation, and gives the employer the added advantage of being able to employ and retain the best in the business.
We can assist you to cover your employee’s health insurance at a low and affordable price and are of great help in instances of hospitalization, disability and even unfortunate death resulting from accidents. What’s important, it involves no major costs for your organization, but goes a long way in cementing their belief in you.
Commercial Vehicle Package Policy
A commercial vehicle may be a source of livelihood for you & your family members. Any accidental damage or theft to this may result into huge financial loss to you or may even result into shut down of business. Living with such uncertainties is very risky hence requires an insurance policy to minimize such uncertainties & risks.
Commercial vehicle package policy provides the insurance cover not only for the liability arising out of the third party but covers you against the financial loss because of theft or accidental damage to your vehicle.
Casualty Insurance
With the extension of regulatory regimes and increased awareness any business can become the target of complicated and expensive law suits. We can provide solutions in coping with a wide range of Liability exposures encountered in
todays business environment.
Liability solutions cater to risk mitigation needs of smallest of business organizations to the largest of Multinational business operators across Industries. Insured are indemnified against demand of legal damages/compensation and legal defense costs on account of claims from third parties due to bodily injury or property damage that may have been
accidentally occurred owing to insureds business operations.
Class of Insurance available:
Public Liability Insurance
Public Liability Insurance offers cover for third party liabilities (Bodily Injury / Property Damage) arising out of the premises and operations of the Insured and legal costs incurred in connection therewith.
Workmans Compensation Policy
One of the key responsibilities of a company is to provide a safe and healthy working Environment
Commercial General Liability Insurance
In view of new dimensions of legal liability exposures any business can fall victim to the high cost of liability from simple slip and fall accidents to personal injury and reputation damage claims.
Contaminated Product Insurance
In this fast paced world products reach customers in less time and in greater volumes than ever before.
Umbrella Liability Policy
Covers legal liability of the insured arising out of - bodily injury, property damage, personal injury or advertising injury.
Shop Insurance
You have been an active participant in the booming Indian retail sector. With your sheer hard work you have built this business that is reaping benefits for you in the consumption era. While you may love what you have created, it is important to ask yourself one question: "Have I ever thought of insuring it against the threats that may impact my earning?"
We provide Shop Insurance, a complete insurance package that has been specially designed by leading insurance company keeping in mind the insurance needs of your shop.
