A Contractors All Risk Insurance Policy (CAR Insurance Policy) is a type of insurance policy given to under-construction civil projects and provides protection against claims of Material Damage and Third-Party Liability arising during Construction Stage. A CAR Insurance Policy provides comprehensive coverage to the entire under-construction project from the arrival of the first consignment at […]
A Trade Credit Insurance Policy is an important tool which protects your business from unpaid invoices by insuring the accounts receivable. The Trade Credit Insurance Policy pays out a percentage of invoice value owed to the seller in case the buyer delays the payment, declares insolvency or is unable to make payment due to the […]
Business owners invest crores of rupees in assets such as plant and machinery, buildings, offices, warehouse stocks etc. Thus, it is important to secure these assets with a Fire Insurance Policy. Fire Insurance, also known as a Standard Fire and Special Perils Insurance Policy provides reimbursement in case the insured assets are damaged by fire […]
Employees are an organization’s most valuable resource. Therefore, paying attention to employee’s health and welfare is critical. Many organizations have comprehensive employee benefits programs such as providing employees with complete group health insurance coverage. This helps boost employee productivity and retention as well. This infographic will provide information about the claims process for a group […]
A Group Mediclaim Policy for Employees is an important health insurance benefit provided by employers to their employees. A Group Mediclaim policy covers employees for all hospitalization expenses incurred by them during the Policy Period. Additionally, Group Mediclaim Insurance Policies are cheaper as compared to Individual Health Insurance Policies.
Keeping your factory assets uninsured might result in huge financial losses. A small fire accident can cause damage to the tune of Crores of Rupees. It is extremely important for factory owners to purchase a comprehensive Fire Insurance Policy for all their assets such as plant and machinery, factory building, stocks etc.There are many benefits […]
The directors and officers of a company play critical roles in its management and administration. Many directors lend their expertise to the company and make executive decisions that affect the company’s growth and profitability. Though the directors and officers might not be responsible for the day-to-day operations of the company, these directors and officers they […]
What are the Benefits of a Trade Credit Insurance Policy? Today a large part of business is conducted on credit sales. Receivables constitute approximately 40% of a company’s balance sheet and a payment default might lead to financial stress for the seller. In such a scenario, a Trade Credit Insurance Policy has emerged as an effective […]
A comprehensive Jewelers Block Insurance Policy is an essential requirement for all jewelers and diamantaires. It will provide coverage for a wide range of risks and will be explicitly tailored to the business needs and circumstances of the jewelers and diamantaires. However, there are some things that the insurance may not cover, such as unexplained loss or […]
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 […]