Asset Protector
This is a tailored blanket cover to provide total solutions for small and medium enterprises at affordable premium levels. The sum insured under this policy is restricted to Rs. 300 million for both property and consequential loss added together. This policy is a pre-underwritten cover available on the web.
What it Covers
The scope of cover under the policy is divided into seven sections namely:
- Section 1 – Property damage
- Section 2 – Business interruption
- Section 3 – Money Insurance
- Section 4 – Electronic equipment
- Section 5 – Workman’s compensation
- Section 6 – Public liability
- Section 7 – Fidelity Guarantee
- Riot, strike and terrorism whichever applicable
* Section 1 is compulsory
Basis of sum insured
The sum insured on property must represent reinstatement value other than stocks, which should be on cost value.
Note
- Particulars of cover and exclusions given above are not complete or exhaustive. For more details please call us on 0112 428 428 or visit one of our nearest branches.