New India Bharat Flexi Laghu Udyam Suraksha Policy
Fire Insurance Policy
Fire Insurance Policy
This policy is for enterprises where the total value at risk across all insurable asset classes at one location exceeds ₹ 5 Crore (Rupees Five Crore) but does not exceed ₹50 Crore ( Rupees Fifty Crore) at the policy commencement date
It is not permissible to issue a policy covering only certain portions of the Building.• to issue a policy covering only specified machinery (except Boilers), parts of machine or accessories thereof housed in the same block/ building.
You can opt for an Add-on by choosing from the Add-ons, if any will be mentioned in the Policy Schedule and the relevant clause/s and/or endorsements will be attached to this Policy with an additional premium
Acts of terrorism (Coverage as per Terrorism Clause .)
Changes and Cancellation
N.B: The Bank shall mean the first named Financial Institution/Bank named in the policy.
Note : Policy details given are indicative, not exhaustive. Please contact your nearest NIA Office for further details.