Business Protector Policy

Shriram General Insurance brings you a comprehensive Business Protector Policy which is designed specifically for SME & / or office establishments, hotels, restaurants including IT & ITES Sector. The innovative endeavor brings to you the flexibility to design the policy as per your needs by allowing you to choose the covers that you may require to protect your property and manpower, all with the convenience of a single policy.

Key Features:
12 Sections to choose from
Numerous Add-on Covers
Detailed Policy Wordings available on request.
Minimum three sections required for this policy

FIRE & ALLIED PERILS

Coverage: Fire, Lightning, Riot, Strike and Malicious Damage, Impact Damage Explosion Implosion, Bush Fire, Earthquake, Aircraft Damage, Storm Tempest Flood Inundation and others

Add on Covers: Earthquake, Terrorism, Loss of Rent, Additional Expenses for alternate accommodation, Impact damage due to insured?s own vehicle, forest fire etc.

EXCLUSIONS : War, Nuclear Perils, Willful misconduct of Insured

BURGLARY & HOUSEBREAKING

Coverage: Covers loss of or damage to the property due to Burglary & / or House Breaking

Add on Covers: Theft & Purchase protection Rider

EXCLUSIONS : Valuable items like gold, jewellery, money and willful misconduct of insured

GLASS & SANITARY FITTINGS

Coverage: Covers accidental loss or breakage of plate glass against all risk including theft & terrorism..

Add on Covers: None

EXCLUSIONS : Breakage or damage during removal, alterations and/or repairs in or about the premises, Cracked or imperfect glass

NEON SIGN/GLOW SIGN

Coverage: Accidental external means, Theft/burglary, Fire, lightning, external explosion/Implosion, Aircraft or articles dropped there from, Riot, strike or malicious act including theft & terrorism

Add on Covers: None

EXCLUSIONS : The fusing or burning out of any Bulbs and/or Tubes arising from short circuiting or arcing or any other mechanical/electrical breakdown or faults

MACHINERY BREAKDOWN

Coverage: Unforeseen and sudden physical damage caused to the Machine

Add on Covers: Escalation, Owners Surrounding property, Earthquake, Terrorism etc.

EXCLUSIONS :Accidental loss, damage/and/or liability resulting from overload experiments or tests requiring the imposition of abnormal conditions

ELECTRONIC EQUIPMENTS

Coverage: Covers loss due to breakdown or unforeseen event

Add on Covers: None

EXCLUSIONS :Misalignment of the Property insured not accompanied by damage

PORTABLE EQUIPMENTS

Coverage: All risk cover including theft & terrorism

Add on Covers: STFI Coverage a) Worldwide b) India

EXCLUSIONS :Aesthetic defects, such as scratches on painted, polished or enameled surfaces unless such parts are affected by an indemnifiable loss or damage to the Property insured

MONEY INSURANCE

Coverage: Loss of money in transit or while in locked safe at business hours due to theft, burglary, robbery, hold up.

Add on Covers: ATM Withdrawal Protection, Money at/till Counter,

EXCLUSIONS :Shortage of Money due to error or Omission

BAGGAGE INSURANCE

Coverage: Loss of baggage whilst in journey due to theft, burglary, robbery, hold up or accident

Add on Covers: None

EXCLUSIONS :Loss of or damage whilst being conveyed by any carrier under contract of affreightment.

FIDELITY GUARANTEE

Coverage: Loss in consequence of infidelity or dishonesty of the employees during the service period of such employee

Add on Covers: Floater coverage

EXCLUSIONS :losses arising elsewhere than in the Territorial Limits

PUBLIC LIABILITY

Coverage: Indemnity against third party property damage and bodily injury

Add on Covers: Notification Extension Clause, Extended Claim Reporting Clause, Food & Beverage Extension, Care, Control & Custody Extension, Extra Facilities Extension

EXCLUSIONS :Pollution howsoever caused, product liability

PERSONAL ACCIDENT

Coverage: Covers death and disability of the insured due to accident

Add on Covers: None

EXCLUSIONS :Nuclear perils, ionizing or intoxicating materials