Almost all Industrial operations are touched by transportation today. Transportation exposures present significant cost and operational challenges.
Our services to the Transportation industry meets those challenges for businesses moving people and freight, such as trucking, railroads, bus, as well as organizations operating their own logistics and transportation systems.
Our teams provide advice and risk solutions to manage and resolve all risk issues to keep your performance intact.
Insurance Policies
Carrier's legal liability Insurance
Transporters are liable to the cargo carried by them for damage arising out of statute or contract.
Public liability Insurance
This policy is taken for indemnify the organization against legal liability to pay compensations including claimant's costs, fees and expenses in respect of injury/damage arising out of accidents.
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 is taken to cover 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). This policy can be taken for stocks and other Contents in buildings.
Machinery breakdown Policy
This policy is taken for all the machinery (electrical/non electrical) available in the premises. This cover is against unforeseen and sudden damages caused to the insured machinery.
Electronic equipment Policy
Electronic equipment - those used for data processing, 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 accidental breakage of neon sign and glow sign of the organisation.
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 the losses to business due to damages by Acts of God perils.
Workmen's Compensation Insurance
This policy covers the employee 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.
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. This policy covers 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.
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. This covers the cost incurred for arranging the event and the consequential losses arising out of cancellation of the event.
