Get latest information about all things related to fire insurance policy in India
A Fire Insurance Policy is one of the most important insurance policies for any business owner. A Fire-related Damage can cause losses to the tune of Crores of Rupees. There have been many fire accidents over the years which has destroyed factories, Plants and Machineries and set many businesses back by years. Additionally, restarting business […]
Fire damages have been extremely common since a long time. A Fire spreads instantaneously and can cause irreparable damage before it can be contained. Every year hundreds of homes and industrial sites are lost due to fire related accidents. It is more commonly seen in factories, where the slightest mishandling or carelessness or even a […]
Nowadays, many companies are insuring plant and machinery or stocks looking at the lowest premiums without considering coverages or clauses included in the Factory Insurance Policy. This can be a big mistake. There are many add-on covers which are useful for specific industries and the inclusion of such covers is of paramount importance. It is […]
Entrepreneurs invest crores of rupees in their factories in terms of factory buildings, plant and machinery and stocks stored in warehouses. Any damages in terms of fire, earthquakes, storms etc can result in huge financial losses. Given the huge monetary investment, it is necessary to have a comprehensive factory insurance policy to protect against various […]
In order to help protect themselves from potential disasters, manufacturers should have a well-designed insurance portfolio. However, not all realize the importance of protecting their business against these risks as each case is unique and different for every manufacturer. The Factory insurance policy cost depends on what kind it is and which risk you want to be […]