We Provide the All Risks Best Industrial Insurance in Pune. Industrial All Risks Insurance is a wider cover than traditional “Standard Fire and Special Peril Insurance policy”. It is an all risk policy covering a wide range of perils such as fire and allied perils, burglary, accidental damage, breakdown as well as business interruption.

This is a Comprehensive Package Policy which provides cover against unforeseen circumstances including accidental damage to the property, which a large industry may face during its operation.

In Pune FINAGAL MULTISERVE LLP Provides Many Types of INDUSTRIAL INSURANCE:
 

1. Fire & Burglary Insurance:
The insurance cover will be for furniture,fixtures and stock are covered against any losses due to Fire and Burglary incidents.
 

What is fire and burglary insurance?

A burglary insurance policy offers an additional layer of security to your property.It offers coverage for damages or misfortunes caused to your property and its contents. For example,your home,office,factory,and godown against burglary and housebreaking.
 

Why fire and burglary insurance important?

A burglary insurance is one of the more important coverages included in a Property Insurance,that helps protect your home or business property from losses and damages that can be caused due to a potential burglary.

2. Workmen Compensation:
The Workmen’s Compensation policy enables the employer to pay the compensation to the employees or for their family in case of death or bodily injury(permanent partial disablement/permanent total disablement/temporary disablement)caused due to injury and accident at workplace.
 

What Is Workmen Compensation Insurance?

A Workmen Compensation insurance policy is a commercial insurance policy that covers the legal liability of an employer to provide compensation to its workmen in case of their death or accident.
 

why workmen comp insurance important?

The two prime purposes of workmen’s compensation insurance are:Ensuring that the injured workers get superior medical care and compensation for a part of the income that they lose while not being able to return to work.

3. Boiler Insuranance:
Boiler and Pressure Plant Insurance covers damage to boilers & pressure plant with damage to surrounding property and Third Party legal liability arising due to explosion and collapse of the boiler/pressure plant during its normal course of working.
 

What is Boiler Insuranance?

Boiler cover is a type of insurance you can take out as protection if something goes wrong with your boiler and/or central heating.It can help cover the costs of engineer call-outs and labour costs as well as any parts they may need to make the required repairs.
 

Why Boiler insurance important?

Boiler insurance provides satisfaction to households.It covers the cost of boiler repairs.If you choose a comprehensive plan,it will cover the central heating system as well.It’s a plan that brings a Gas Safe certified engineer at your home whenever your boiler breaks down.

4. General Liability:
General liability insurance policy offers compensation for claims arising due to bodily injuries, and property damages or for which your business is accountable.
 

What is General Liability?
Commercial general liability insurance provides coverage against claims for bodily injury,property damage,personal and advertising injury caused to the third party by your company,its product, business operations or any other activity associated with your business.
 

Why General Liability is important?

Commercial general liability insurance provides coverage against claims for bodily injury,property damage, personal and advertising injury caused to the third party by your company,its product,business operations or any other activity associated with your business.

5. Contractors All Risk Policy:
The Policy indemnifies the Insured in the event of unforeseen and sudden physical loss or physical damage to the Property Insured arising.
 

What is Contractor’s All Risk Policy?

During the course of execution of project relating to construction of building and civil engineering works, certain unforeseen accidents could occur resulting in considerable financial loss to the contract works, construction/or the principals arising from damage to the contract works,construction of plant and machinery as well as Third Party Claims.
 

Why contractors all risk important?

Construction projects are massive,and they include big numbers.Hence,any loss or damage to the property may result in some enormous losses.Having a construction all-risk insurance policy helps in providing financial support and reducing uncertainties in business and human life.

6. Erection All Risk Policy:
 

What erection all risk policy in india?

The Erection All Risk (EAR) policy offers coverage against any physical loss/damage caused due to construction work,installation of machinery,etc.Not only this,it will also take care of any damage caused to third-party properties(including bodily damage).
 

Why erection all risk policy important?

This policy offers comprehensive cover by covering risks which may arise during erection or testing period.It gives financial protection to the engineering contracts in the event of any accident.

7. Officers & Directors Policy:
 

What is director and officer policy?

The D&O policy provides cover for the personal liability of Directors and Officers arising due to wrongful acts in their managerial capacity.Defence costs are also covered and are payable in advance of final judgment.

Why officers & directors policy important?

A directors and officers liability insurance policy covers these financial liabilities.It helps the directors and officers to bear the financial burden of a lawsuit or legal compensation payable to the aggrieved party.

8. Contractors Plant & machinery:
 

What is contractor’s plant and machinery insurance?

Contractor plant & machinery insurance policy covers any kind of external loss or damage to insured plant & machinery such as fork lift,compressors,bulldozers,pile driving devices,drilling machines,cranes etc.
 

Why Contractors Plant & machinery insurance important?

NIC’s Contractor’s Plant & Machinery Insurance provides financial protection against damage to such items whether they are being used or are at work-site or at rest or during their maintenance operations.

9. Electronic equipment:
 

Why Electronic equipment insurance important?

The term electronic equipment is used for all systems which generally require very low voltage and power.These equipments are generally quiet in their operation.EEI Policy protects the Owner,Lessor or Hirer(where responsible either legally or through a leasing agreement)of electronic equipments.