Consulting |
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The consulting industry is facing the challenges of the day-to-day competition. Our services for the Consulting companies, is aimed at providing innovative risk and insurance solutions to mitigate the exposures faced them. Insurance Policies Standard Fire and Special Perils Policy This policy covers the loss or damage arising out of fire and allied perils to the Building, furniture and fixtures, machinery, electronic equipment, stocks and other contents in the premises of the factory and the office building. Burglary and Housebreaking (Business premises) Policy This policy covers loss or damage to property like stock, stock-in-trade, goods in trust, plant and machinery, fixtures, fittings, cash or valuables in strong-rooms or safes by theft following burglary (felonious entry or exit from the premises by violent and forcible means). Machinery Breakdown Policy This policy is suitable for machines like air conditioners, counting machines, refrigerator, motors, transformers and other allied machinery used in the organization that has a possibility of electrical and mechanical breakdown. Monetary costs involved for restoration of machine to its original state are covered by the breakdown insurance policy subject to certain conditions. Electronic equipment Policy Electronic equipment used for data processing, medical, manufacturing, research, communication and a host of other applications can take this policy to cover the equipment and data media against all the accidental causes. It is very wide in scope and encompasses risks covered under fire policy, burglary and many contingency risks like accident and vagaries of nature. Plate glass Insurance This policy covers all kinds of accidental breakages of fixed plate glass like window glasses, partition room glasses, etc. Replacement cost of damaged glass or sum insured whichever is lower, is paid. Neon sign / Glow sign Insurance This policy covers Glows and Neon signboards of the organization for accidental breakage. Money Insurance This policy provides cover against loss of money in transit, by the insured or Insured's authorized employee(s) occasioned by robbery, theft or any other fortuitous cause. It also covers loss by burglary of house breaking whilst money is retained at Insured's premises, in safe(s) or strong room. Organizations can take this policy while in transit from one branch to other branch or while in transit. Fidelity Guarantee Insurance This policy reimburses for direct pecuniary loss due to all acts of fraud or dishonesty or forgery or embezzlement committed by any of the Insured's employees in connection with his/her occupation during the uninterrupted continuance of employment. Business Interruption Insurance This policy covers interruption in business due to damage by Acts of God perils. Workmen's Compensation Insurance This policy provides cover to employees in the immediate service of any organisation/ site of work who sustain personal injury by accident or disease arising out of and in the course of employment in the business and if the employer are liable to pay compensation for such injury illness under W.C. Act, 1923, Fatal Accidents Act, 1855 or at Common Law. Professional Indemnity Insurance The policy covers all sums, which the insured professional becomes legally liable to pay as damages to third party in respect of any error and/or omission on his/her part committed whilst rendering professional service. Legal cost and expenses incurred in defense of the case, with the prior consent of the insurance company, are also payable, subject to the overall limit of indemnity selected. Only civil liability claims are covered. Any liability arising out of any criminal act or act committed in violation of any law or ordinance is not covered Directors and Officers Liability Insurance This policy covers the Legal liability of Directors and Officers of a company holding positions of trust and responsibility to pay damages to shareholders, employees, creditors, etc., of the company for wrongful acts committed by them in the supervision and management of the affairs of the company General Exclusions to the policy are Dishonest fraudulent criminal or malicious act Personal guarantee, Libel and slander and damage to property, Pollution damage, and Violation of any Law. Errors and Omissions Insurance This policy is meant for professionals to cover liability falling on them as a result of errors and omissions committed by them whilst rendering professional service. The policy offers a benefit of Retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of the policy, also become payable. Group Personal Accident Policy This policy covers Accidental death or bodily injury caused solely by violent, external and visible means or loss resulting directly and independently for all other causes from bodily injuries caused by an ACCIDENT. Group Mediclaim Policy This policy covers Group/Association/Institution/Corporate Body of more than 50 persons provided it has a central administration point. The coverages include Hospitalization expenses only for illness/diseases contracted or injury sustained, Room, Boarding expenses as provided by the Hospitalization/Nursing Home, Nursing Expenses and Surgeon, Anesthetist, Medical Practitioner, Consultants, Specialist Fees Anesthesia, Blood, Oxygen, Operation Theater Charges, Surgical Appliances, Medicines and Drugs, Diagnostic Materials and x-ray, Dialysis, Chemotherapy, Radiotherapy, Cost of Pacemaker, Artificial Limbs and Cost of Organs and similar expenses. Overseas Travel Insurance This policy provides for medical expenses incurred by the insured persons, outside India as a direct result of bodily injuries caused or sickness or disease contracted are covered. |
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