Description

Required Doc : Filling of proposal form Inspection of the property Payment of premium Issue of Cover note / Policy document in lieu of acceptance of the proposal

Benefits :

• For Total Loss: The insured can obtain compensation up to the amount of sum insured for total loss of or damage to the property insured.
• For Partial loss: Compensation up to the actual loss of the property destroyed by fire or perils will be paid to the insured

No-Claim Bonus :

Period	No Claim Bouns
First Year	0%
Second Year	25%
Third Years	25%

Description

Benefits :

• For Total Loss: The insured can obtain compensation up to the amount of sum insured for total loss of or damage to the property insured.
• For Partial loss: Compensation up to the actual loss of the property destroyed by fire or perils will be paid to the insured

No-Claim Bonus :

Policy Year	Premium Amount
First Year	0%
Second Year	25%
Subsequent Years	25%

Description

Benefits: Coverage for loss or damage

No-Claim Bonus :

Period	Benefit
Second Year	25%
Third Year	25%

Description

Required Doc :

• For a dwelling house leased from the owner, true copy of the lease.
• For lease warehouse a factory true copy of the lease and fire-fighting programme.
• For goods, machineries, furniture lists and invoices.

No-Claim Bonus : In case there is no claim during one-year insurance period 25% of the fire insurance premium will be reduced for the renewing year.

Benefits:Coverage for loss or damage to home, buildings and properties