Burglary Insurance

Unlawful and forcible entry into premises with intent to commit a crime involving Theft and Violence is termed as Burglary This policy indemnifies against losses or damage to the property insured whilst contained in the specified premises due to incidents of Burglary. Premises mentioned shall not include any yard, garden, outbuilding, or other appurtenances unless specifically included in a policy.

Coverage

This policy covers loss of or damage to the property insured arising from Theft consequent upon actual forcible and violent entry into and/or exit from the premises. Property like Stock, Goods, or any other content could be insured on Full Value or First Loss basis. Addon covers available are Riot, Strike, Malicious Damage, and Theft.

Money Insurance

Money or Cash insurance is a cover that indemnifies the insured against loss of money occasioned by robbery, theft, or any other fortuitous cause... The money includes current coins, Bank and currency notes, cheques, postal orders, and current postage stamps. The policy is intended to protect against loss of money that may be carried by the insured or his authorized employees and which may be in transit from one place to another. In addition to transits the policy also covers money kept on the insured’s premises.

Coverage

The policy insures money against loss whilst, In transit between the proposer's own premises and the bank or Post Office and vice-versa, Any other transit agreed in the policy, Money Kept in the Counter during business hours, Money Kept securely locked in a safe or strong room after business hours, At sites of contractor in the hands of collectors, etc.

Plate Glass Insurance

Glass fitted in an establishment is an expensive and fragile item. It can be shattered by a random act of violence/riots or by accident. This insurance is designed to cover accidental breakage of glass in the Insured’s premises from any cause other than those specifically excluded in the Policy. Insured has to provide complete details of glass intended to be insured like value, location, dimensions, and any other relevant detail as may require by an insurer.

Coverage

The scope of cover for Glass Policy is on “All Risks” cover subject to the exclusions stated in the policy. The policy will indemnify any glass broken by fracture extending through the entire thickness of the glass as a result of an accident or misfortunate incident not otherwise excluded. Since this is an All-Risk policy so it’s governed by exclusions rather than covers. Below are some of the expenses payable under this policy, provided that same has been agreed in advance & stated in the policy.

Accidental loss or damage to plate glass within the insured premises – Basic Cover

Expenses incurred to erect any temporary boarding as a replacement for damaged plate glass – have to be agreed upon pre-policy placement Cost of replacing lettering, ornamentation, and sign writing affixed to the broken item - Has to be agreed upon pre-policy placement

The cost of replacement of shatterproof or reflective film affixed to the broken plate glass - Has to be agreed upon pre-policy placement

The cost of replacement of the burglar alarm tape or wiring affixed to the broken plate glass - Has to be agreed upon pre-policy placement.

Jeweller’s Block Insurance Policy

This policy indemnifies on account of unforeseen losses on account of cancellation, material damage, accidents, and public liability for Various events. An event could be any Corporate Conferences, Seminars, Live Concerts, Award Ceremonies, School & College Annual Functions, Wedding Ceremonies, or Sports Events like Cricket, Hockey, Kabaddi, etc.

Coverage

Jeweller’s Block Insurance Policy is designed to provide comprehensive cover for Jewellers and Diamantaires. The Policy protects the jewelry, bullion, cash, etc. at the business premises against Fire & allied perils and losses due to burglary and robbery. The Policy also provides protection when such valuables are in transit or, under the custody of the Insured, directors, employees, cutters, and sorters. In addition to the valuables furniture and other business, the equipment can also be covered against fire and allied perils.

Fidelity Guarantee Insurance

Fidelity Guarantee Insurance policy provides cover against the financial loss suffered by the Insured as a result of fraud/dishonesty of employees of the insured up to the maximum limit selected for insurance per employee. This insurance is basically a contract of insurance and guarantee. The standard principles of general insurance are not applicable to fidelity bond/guarantee insurance. Though it is impossible for fidelity guarantee insurance to ensure that every employee in the organization is completely honest yet it does compensate the organization for any financial loss incurred as a result of dishonest activities conducted by employees. Please note that the organization will be compensated for the financial loss undergone, only within the stipulated limits as stated in the insurance policy.

Coverage

This insurance policy covers the insured organization against a Direct Pecuniary Loss due to acts of fraud/dishonesty conducted by any employee committed  On and after the day the insurance policy commences.

• Coverage shall also be provided during unhindered service with the organization, and its discovery during the existence of the policy. This is also valid within a year/12 calendar months of the policy expiration.
• In case of demise, termination, or retirement of the employee within 12 calendar months of such an event; whichever event occurs earlier.
• Depending on the requirement of this cover being applicable to a single employee or a group of employees.