Our Products

Special Contingency

Highlights

Caters to the requirements of the clients who desire to have all risks in respect of their machinery and/or equipment or any other property covered under a single policy.

Scope

Damage or financial loss caused due to fire, lightning, burglary etc. are covered.

Add-on covers

• Riot, strike and civil commotion can be covered on payment of additional premium.
• Earthquake, flood sometimes covered on payment of additional premium.

Exclusions

• War & allied perils
• Nuclear risks
• Overloading or strain
• loss or damage occurring whilst being used for racing or pacemaking
• Consequential loss, depreciation, wear & tear or mechanical breakdown

Premium

The rate of Premium varies from 1% to 2% of the value of the property to be covered.