Employees and electronics, profit and loss, desktops and dreams! With so many things to look after, it’s easy to forget what matters the most – you. With Future Generali’s “Business Suraksha for Office” you not only protect your office and everything in it, you also protect yourself. Here’s to business without worries.
All Insurance india General Insurance Company Limited’s Office Insurance is a one touch insurance solution that covers you and your business from threats like, fire, malicious damage, riot, earthquake, burglary, damage to property etc.
Benefits of Office Insurance
Range of Risks Covered
The office property insurance policy covers the loss or damage caused from fire, lightning strike, natural catastrophes and other specified perils such as impact damage or leakage due to bursting of pipes Electrical and electronic equipments can be covered for mechanical breakdown and short circuit Portable equipments such as laptops can be covered for theft during transit.
Insurance at Reinstatement Value
Insurance policy would reimburse the cost of reinstating the asset to its condition prior to loss. Depreciation charge is not deducted if the reinstatement value clause is applied By default claims in fire insurance policies are settled based on market value i.e., after deduction of depreciation Under reinstatement clause, property has to be reconstructed to be eligible for the claim.
Consequential Loss
Select subsequent losses arising from a covered peril insured under the policy could also be indemnified. For example, rent for an alternative accomodation during the reinstatement period Under Fire Loss of Profits (FLOP), loss of profits during the reconstruction period is covered Gross profit or Net Profit + Standing expenses, is considered for FLOP Insurance.
