ACCIDENT INSURANCE COVER:

Accident Insurance
Sometimes even a small accident or mishap can throw your financials out of gear. Get insured to be prepared for those trying times. Accident Insurance from Royal Sundaram is a worldwide, personal accident plan that is specially designed to protect you from the following unforeseen events - Death, Total Disability and Permanent Partial Disability. This comprehensive policy will help your family meet its financial commitments in the hour of need. This is available for the age band between 5 to 70 years. The proposer''s age should be between 18 to 70 years.

Personal Accident

Key Benefits of Royal Sundaram Accident Insurance

Instant Coverage No Medical Examination Worldwide Cover Three convenient plans to choose from Silver, Gold and Platinum Educational Grant for 2 dependant children up to Rs. 10000/- per policy Family discount of 10% for insuring 3 or more people in a family Simple and easy claims process

Business Insurance

Business Insurance Services Online

Protect your Business and Employees from a wide range of risks with our Business Insurance Solutions. We offer two types of Business Insurance Solutions: Business Solutions and Employee Solutions. We offer extensive Business Insurance Solutions like Marine Insurance, Office Insurance, Engineering Insurance, Industrial Insurance, and Insurance for Educational Institutions aimed to protect your business against loss due to theft, fire, any sudden unforeseen accidental damage. We also complement our wide coverage with advices on Risk Management and Loss Preventions | Business Insurance - Know More >> | Employee Solutions We also offer Employee Insurance Solutions like Group Health Insurance, Group Accident Insurance and Workmens Compensation. All these Insurance solutions are aimed at providing your employees with Health Cover and protect them against the risk of sudden accidents. | Business Insurance Employee Solutions - Know More >> |

Rural/Social Insurance

We also provide Insurance Solutions targeted at the rural/social segment. We offer solutions specific to the rural class which is aimed at protecting their health and livelihood. Rural Sector We offer specific solutions aimed at farmers, small scale industries, village industries, small traders, and enterprises established in rural areas. | Business Insurance Rural Sector - Know More >> | Social Sector We offer exclusive solutions for women belonging to SHGs. These products are designed to provide health insurance to women and their family members at an affordable cost.

CORPORATE OFFICE ADDRESS Royal Sundaram Alliance Insurance Company Limited Sundaram Towers 45 & 46, Whites Road, Chennai 600 014 Tel:91-44-28517387 / 91-44-42227373 Toll Free Number:18003458899/ 9444448899 Fax:91-44-28462345 Email: customer.services@royalsundaram.in
Navi Mumbai

Our branches Navi Mumbai

Royal Sundaram Alliance Insurance Co.Ltd 315, Arenja Corner, B wing, 3rd Floor, Sector - 17, Vashi, Navi Mumbai - 400 709. Tel: 91-22-27880132 / 27667635 Fax: 91-22-27880133

Individual Personal Accident Insurance

ICICI Lombard Individual Personal Accident Insurance policy covers you against Accidental Death and Permanent Total Disablement (PTD).This includes coverage against terrorism and acts of terrorism. Personal Accident Insurance comes with global coverage

Policy Details
Key Benefits Coverage against Accidental Death or Permanent Total Disablement (PTD) due to an accident Customised coverage that allows you to choose between 10 lakhs and 20 Lakhs Sum Insured Know more about key benefits 3 Lakhs, 5 Lakhs,

What is covered Accidental Death: In case of death of the insured due to an accident within the policy period, the nominee (mentioned in the policy) is compensated with the Sum Insured. Know more about what is covered

What is not covered The Company shall not be liable under this policy for: Compensation / Claim under more than one of the categories specified in the Policy Coverage in respect of the same period of disablement of the Insured Person. Claims arising from sickness/illness. Know more about what is not covered

Eligibility The minimum entry age is 18 years and the maximum entry age is 70 years (age as on last birthday). The applicant can buy the policy for his spouse aged between 18-70 years . Claims In case of a claim, please follow the following procedures: Make a claim by calling our Toll Free number - 1800 209 8888 or email us at: customersupport@icicilombard.com Click here to view required documents Click here to download claim form Know more about claims

Points to ponder while buying a health insurance policy Healthcare is an integral and critical concern of any household. Your family means a lot to you. Protecting your family against any untoward medical contingency is your top priority. However, with wide array of products available in the market, taking a decision becomes difficult. The following points are worth pondering over before buying a health policy. Continue reading

Casualty Insurance
HDFC ERGOs Casualty Insurance helps companies manage a wide range of liability risks and exposures encountered in todays business environment. Our products like Commercial General Liability, INT Errors and Omissions, and Product Liability include enhancements and coverage missing from many standard industry policies. Our flexible approach allows companies to tailor these products to meet their individual needs. We offer liability insurance solutions and services for private and public companies, not-for-profit organisations, start-up firms and information and network technology companies. The key products offered under Casualty in the Indian market are:
Commercial General Liability

General liability insurance covers a wide range of liability loss exposures faced by most organisations; it is the foundation for most organisations liability insurance programs.

Public Liability

For organisations that have customers or other members of the public entering their buildings, life safety during fires is often the principal premises liability concern.
Information & Network Technology Errors & Omission

HDFC ERGO General Insurance understands the risks facing companies that operate in an environment where innovation is a business imperative, not a lofty goal.
Product Liability

This policy covers all sums that the insured becomes legally liable to pay as damages as a consequence of accidental bodily injury or property damage to third party.
Workmens Compensation

This policy is the primary method by which an employer can demonstrate the ability to satisfy the obligations imposed by the workers compensation statutes.

Group Insurance
HDFC ERGOs Group Accident & Health Insurance helps companies identify and mitigate the risks their employees face. As a corporate, your employees are your biggest asset and it helps when they know you will take care of them and their families should anything happen to them. Our comprehensive range of group accident & health insurance products covers every risk from business travel to group personal accidents. So that you and your employees can benefit from the same and concentrate on productivity, rather than the risks. The key products offered under Group Accident & Health in the Indian market are:
Group Travel Insurance

Business travel is an essential part of almost every organisation. Fact is traveling in India or worldwide comes with certain risks and responsibilities.
Group Medical Insurance

Businesses cannot function without people. With the Group Mediclaim Policy, you can provide your employees/members the optimum cover they require.
Group Personal Accident Insurance

Expect the unexpected is a good thumb rule when it comes to most businesses.

Risk Consulting Services

Risk Management Services as an offering is along with insurance products and solutions is relatively new to the Indian General Insurance Industry. Risk Management has assumed importance with entry of private general insurance companies in the Indian market. Our company has been one of the pioneers in offering this service in the Indian Insurance Market to our Corporate Clientele. The word management can be defined in terms of organizing of activities and controlling the use of resources in such a manner as to achieve some desired objective. For an industrial or commercial firm the objective may be to maximize profits, to increase revenue, to increase net worth or combination of different objectives. Risk Management as a subject concerned with the planning, arranging and controlling of activities and resources in order to minimize the impact of uncertain events. Risks arising out of uncertainty can be classified as production risks, marketing & distribution risks, financial risks, personnel risks and environmental risks. We at HDFC ERGO specialize in management of physical risks such as property damage and corresponding business interruption risks. Several methods are used for handling of risks. Avoidance It is the most drastic way of handling of risks. It totally restricts to go by risk having certain activities which are considered to be risk prone. For instance, if a factory uses some flammable substance for manufacturing of a product, one could think of not producing that product at all, so that the risk of fire is avoided.

Risk Reduction It covers all methods employed to reduce either the probability of loss producing events occurring, or potential size of losses that do occur. This is a more positive approach of looking at risks. For instance, if a factory has a spray painting section using flammable paints and thinners, it could look at switching to power coating. Risk Retention Once the risks are identified and the costs of potential events are ascertained, the next stage is how to treat such risks. One option is to keep the risk to one self, which is to pay for them out of ones own resources when they occur. This is advised where the impact of risks are predictably small, measured accurately and do not threaten the business. Transfer Alternative way for reduction of risk is to transfer the activities which creates the risks on to someone else instead of doing it oneself,. For e.g. subcontracting of activities involving handling of highly flammable materials to third parties. However, the most important and practical form of risk transfer is insurance, whereby a professional risk carrier such as a Non-Life insurer is requested to carry the residual risk at a consideration, called the premium. At HDFC ERGO, whereas our underwriters primarily focus on Risk Transfer, our engineers with our Risk Consulting Services arm complement our risk transfer services by Risk Reduction offering advisory services for identifying, quantifying and reducing risks whereby the costs of risk transfer or the insurance premium is minimized. We understand customers practical and financial limitations while recommending preventive measures. Our recommendations do not indulge in theoretical domain. Cost benefit analysis of recommendations is always presented for clients to take informed decisions on implementation. Risk Consulting Services We have dedicated risk engineers from various engineering disciplines stationed various locations in India. Our Risk Engineers have extensive experience in different lines of businesses and are trained in the latest risk management techniques by institutions in India and abroad. Some of the global general insurance companies who currently do not have presence in India have tied up with us to offer Risk Engineering Services to their clients in India. Our Risk Engineering Services are compliant with recognized standards like National Fire Protection Association (US), Fire Protection Association (UK), Tariff Advisory Committee (TAC), Oil Industry Safety Directorate (OISD), Indian Standard Institution (ISI) etc. We have capabilities across a wide spectrum of industries such as: Automobile & Ancillaries Engineering Goods BPO / IT Industries / Call Centers Cement Chemical Petrochemicals Steel and allied Industries Pharmaceuticals Beverages Food Processing Textiles Paper Our services are based on an interactive approach we work closely with our clients engineers, safety officers and finance/accounts officers to give a whole spectrum approach: Site visit. Interaction with on site team. Information collection. On field recommendations and discussions. Arriving on common conclusion. Submission of recommendations to client in the form of Risk Survey Report (RSR). Feedback on report from client. Self appraisal based on client feedback.
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Marine Hull Policy

Highlights

Who can take the Policy? What is covered? Scope Exclusion

Highlights Covers any loss or damage to ships, tankers, bulk carriers, smaller vessels, fishing boats and sailing vessels. Top^ Who can take the Policy? Shipowners, charterers, Shipbuilders, bankers, financiers of Ships or vessels who have Insurable interest. Top^ What is covered? All types of Oceangoing vessels All type of Coastal/Inland vessels Yard and pleasure Crafts Port Crafts Shipbuilding- construction of vessel Ship Repairers' Liabilities Charterers Liabilities Breaches of warranties / voyage cover Freight- at -Risks insurance for voyages Dredgers Fishing vessels / Trawlers Sailing Vessels Jetties ( with or without cranes ), fixed pontoons/Pontoons Jetties, wharves etc. Shipbreaking Top^ SCOPE OF INSURANCE COVER : All risks relating to Vessels, Floating Dry Docks, Jetties and Shipowners' Interests including Hull & Machinery (H&M), Freight, Disbursements, Increased Value, Premium Reducing, Excess Liabilities, Protection and Indemnity (P&I) Liabilities, Charterers' Liabilities, Charterers' Freight, Charterers' Hire and/or Disbursments, General Average Disbursments, Ship Repairers' Liabilities, Shipbuilding Risks, Shipbreaking Risks and other allied interests of whatsoever nature required to be insured in India.

Perils / Risks

(A) The policy covers perils of the seas, rivers, lakes or other navigable waters loss/damage to the property insured caused by :
Fire, explosion Stranding, sinking etc. Overturning, derailment ( of land conveyance ) Violent theft by persons outside the vessel. Collision General average sacrifice, sacrifice, salvage charges Jettisons Piracy Breakdown of or accident to nuclear installations or reactors Contact with aircraft or similar objects, or objects falling therefrom, land conveyance , dock or harbour equipment or installation. Earthquake volcanic eruption or lightning. Crew Negligence.

. Exclusions
The policy does not cover loss/ damage due to :
Deliberate damage/destruction of the vessel by wrongful act of any person Use of any weapon of war employing atomic / nuclear fission and or fusion. Radioactive Contamination, Chemical, Biochemical, Biological, Electromagnetic Weapons. Insolvency or financial default of the vessel owner /operators /charterers War / civil war, Strike, Riot or Civil Commotion Any terrorist or person/s acting with political motive

(B) COMPREHENSIVE PORT PACKAGE POLICIES:

. Cover can be purchased by :- Port Authorities - Port / Terminal operators - Private Jetty Owners

. Scope of Comprehensive covers :- Physical Damage - Third Party Liability - Business Interruption - Terrorism - Wreck Removal - H & M Cover for Vessels

. Exclusions :- Confiscation, requisition, detention - Blocking of sewers, drains - Wear & Tear, deterioration - Error in design, workmanship - Mechanical / Electrical Breakdown

(C) OIL & ENERGY RISK INSURNACE POLICIES : Cover can be purchased by - Oil and Energy Industries. Scope of Comprehensive covers - Offshore / Onshore constructions / Erections ( Builders Risks ) - Production / Operation Cover - Well head platform/ process platform. - Exploratory Drilling (Offshore - Jack Up Rigs, Drilling Rigs, Semi Submersibles etc. Onshore- Fixed Land rigs, Mobile Land Rigs, Work-over Land rigs) - Seismic Survey - Single Buoy Mooring ( SBM ) - Under water pipeline / Cable Insurance

CLAIM INTIMATION AND STEPS TO BE TAKEN BY OWNERS:

In the event of casualty likely to give rise to a claim - Immediate notice to policy issuing office. - Giving brief details as to name of vessel, place of occurrence, date & time of casualty, circumstances leading to incident. - Seek appointment of surveyor to inspect and assess loss. - In case of theft please notify police. - In case of fire assistance of fire brigade to extinguish fire. - Appointment of adjuster in case of Oceangoing Vessels where necessary. - All steps to minimise loss as prudent uninsured.

DOCUMENTS ESSENTIAL :
Certified copy of note of protest by master

Marine casualty form issued by M.M.D. Insured's report on occurrence. Survey Report Original Repair Bill, cash memo, Invoices Weather Report by Meteorological Dept. Affidavits filed by rescue vessels Certificate of survey for inland vessels Registry certificate Free board certificate Loadline certificate (where applicable ) Status / copies of Mandatory certificates Notarized statements of master and chief engineer of the vessel. Log Book extracts (Engine & Deck ) Crew list with details of competency certificates. Copy of Claim bill with supporting documents.

* Why New India for the lead mandate ?

? ? ? Superior Financial Strength - Indian Premium / Overseas Premium / Profit / Net Worth etc. M/s. A.M. Best (Europe) have conferred "A" Excellent Rating based on Superior Credit Position. New India has Largest Retention Capacity and Deductible Buy-Back in Indian Hull Market

? Overwhelming Global Presence vis-a-vis Other PSUs / Our London Office can help Liaise with Brokers & Re-insurers in Placement and Servicing. ? Leader in Non-Life Insurance. ? More Experience of Mega-Policies useful for New India and Placements / Proves High Level of Market Confidence in our Security and Services. ? ? Better Day-to-Day Liaisoning with our Head Office being in Mumbai. Overseas Operation in 23 Countries. Do An wn y loa Qu d ery For on Ap ms this Cla pli (R Mo poli cat im Top TF re cy ion Fo of For In mai rm Fo For ma du lrm us m t) str atfi ial re @n Pol Bott ew ici om ind es of ia. For co. m in

Fire Policy

Highlights

Scope

Add on covers

Who can take the policy

How to select the sum insured

How to claim

One policy covering destruction or damage to insured property.

Highlights Fire Insurance is governed by All India Fire Tariff effective from 31.3.2001 issued by Tariff Advisory Committee, a Statutory Body. The Standard Fire and Special Perils Policy covers all properties on land (excluding cost of land), moveable or immoveable, at various locations against named perils. Special Types of Policies are designed for Stocks (declaration and floater), Building, Plant & Machinery keeping in mind the nature of property, proposers' requirements and basis of indemnification. Long Term Policies available for Dwellings with suitable discounts in premium. Policy can be extended to cover certain additional perils and expenses at additional premium. Certain perils can be deleted with discount in premium rates. Discount in premium available for good claims experience for sum insured more than Rs. 50 crores in one location and for installation of fire extinguishing appliances. Concept of "one risk one rate" for all properties in an Industrial or Manufacturing Complex, for administrative convenience of the proposer. Top^

Scope

Properties that are covered:

All moveable/ immoveable properties of the proposer on land (excluding those in transit) broadly categorised as follows : i. Building (including plinth and foundations, if required): ii. Whether completed or in course of construction (excluding the value of land). Interiors, Partitions and Electricals.

Plant & Machinery, Equipments & Accessories (including foundations, if required) Bought Second hand. Bought New Obsolete Machinery

iii. Stocks: Raw Material Finished Goods In process In trade belonging to Wholesaler, Manufacturer and Retailer.

iv. Other Contents such as Furniture, Fixtures and Fittings Cables, Pipings Spares, Tools and Stores Household goods etc.

v.

Specific Items such as bullion, unset precious stones, curios, work of arts, manuscripts, plans, drawings, securities, obligations or documents, stamps, coins or paper money, cheques, books of accounts, computer system records, explosives.

Special types of Policies available for Stocks:

a.

Declaration Policy : To care care of frequent fluctuations in Stocks/ Stock Values Minimum Sum Insured Rs. 1 crore per location. Monthly declaration on any one of the following basis to be submitted before the last day of the succeeding month 1. 2. average of the highest values at risk on each day (or) highest value on any day of the month.

b.

Refund of premium, on expiry of policy, based on the average declaration upto 50% of the provisional premium.

Floater Policy : to take care of frequent changes in values at various locations. Single sum insured for all the stocks in all the locations. Nominal premium loading to cover all the stocks in all the locations.

Perils Covered: Fire Lightning Explosion / Implosion Aircraft damage Riot, Strike, Malicious and Terrorism damage (hereinafter called RSMTD Perils) Storm, Tempest, Flood, Inundation, Hurricane, Cyclone, Typhoon and Tornado. Impact by any Rail/ Road vehicle or animal Subsidence / Landslide including rockslide. Bursting and / or overflowing of water tanks, apparatus. Leakage form Automatic Sprinkler Installation. Missile Testing Operation. Pollution or contamination resulting from any of the above perils Any insured peril resulting from pollution and contamination. Bush Fire

Expenses Covered: The policy automatically covers the following expenses incurred following loss / damage / destruction of a covered property as a result of the operation of an insured peril. i. ii. Architects, Surveyors and Consulting Engineers' Fees upto 3 % of the claim amount. Expenses incurred for removal of debris to clear the site upto 1 % of the claim amount.

Exclusions Applicable: a. Losses/ Expenses not covered: i. ii. 5% of each and every claim subject to minimum of Rs. 10,000 resulting from Lightning, STFI and Subsidence and Landslide including Rockslide and Rs. 10,000 in respect of all other perils. Expenses incurred on Architects, Surveyors' Consultant Engineers fees and Debris Removal in excess of 3% and 1% of claim amount respectively.

iii. Loss of earnings, loss by delay, loss of market or other consequential or indirect loss or damage of any kind. b. Perils not covered: i. ii. War and allied perils Ionising radiations and contamination by radioactivity

iii. Pollution or Contamination

c.

Properties not covered: i. ii. Items like manuscripts etc. unless specifically declared. Cold storage stocks due to change of temperature.

iii. Loss / damage/ destruction of any electrical and/or electronic machine,apparatus, fixture or fitting arising from over running, excessive pressure, short circuiting, arcing, self heating or leakage of electricity, from whatever cause including lightning. iv. Loss / damage / destruction of Boilers, Economisers or other Vessels in which steam is generated machinery or apparatus subject to Centrifugal force, by its own explosion/ implosion. Location of Risk: i. ii. The proposer shall describe all locations where the properties are built or installed or stored or kept at the inception Any change of location of risk shall be covered on intimation of such change.

iii. Change of ownership in the insured property shall be intimated so that the new owner may be covered be means of suitable endorsement. iv. Any material change in the location of risk, trade or manufacturing activities shall be intimated to the insurer so that the changes are endorsed to offer continuous cover. Period of Coverage: i. ii. Fire Policy is an annual policy, generally, renewable each year. Long Term policy (for a minimum period of three years) can be considered for covering "dwellings" only with suitable discounts in premium.

iii. Cover for STFI and RSMTD perils can be considered during currency (where they are deleted at inception by choice) in special circumstances. iv. Policy can be cancelled at any time during the currency with suitable refund of premium for the unexpired period. Deletion of Perils at the inception: STFI and RSMTD perils can be deleted at the inception of the policy for which suitable reduction in package premium rate is allowed. Top^

Add on covers In addition to the perils/ expenses covered, the proposer can opt to seek cover in respect of the following perils/ expenses at inception or during currency of the policy on payment of additional premium : Perils: Loss/ damage/ destruction of the property caused by Deterioration of Stocks in Cold Storage premises due to power failure following damage due to an insured peril Forest Fire Impact Damage due to Insured's own Vehicles, Fork lifts and the like and articles dropped therefrom Spontaneous Combustion Omission to insure additions, alterations or extensions Earthquake (Fire and Shock). Spoilage material damage cover. Leakage and contamination cover. Temporary removal of stocks. Architects , Surveyors and Consulting Engineer's Fees (in excess of 3% claim amount) Debris Removal (in excess of 1% of claim amount) Loss of rent. Insurance of additional expenses of rent for alternative accommodation. Start up Expenses. Top^

Expenses :

Who can take the policy Any person / firm / organisation / institution who may suffer financial loss in the event of operation of insurable perils may insure such property under the fire policy. They may be broadly categorised as under : 1. 2. 3. 4. 5. 6. 7. 8. 9. Owners of Building and contents such as house hold articles, furniture etc. Shop Keepers. Educational/ Research Institutions. Hotels, Boarding and Lodgings, Hospitals, Clinics or such service providers. Industrial and Manufacturing Firms. Godown Keepers. Bailees, Lessor, Lessee, Banks, Financial Institutions, Mortgagors, Mortgagees. Traders in stocks. Trustees, Charitable Institutions.

10. Transporters and C & F Agents. Top^

How to select the sum insured Sum Insured of a property should represent the Market Value. Where more than one building (and contents) are insured under a single policy, block wise values shall be furnished in respect of Building, Plant & Machinery, Stocks and other contents. In case the value of a property increases due to factors like increase in prime cost, Exchange rate etc. during the currency of the policy, the corresponding sum insured may be increased on payment of proportionate premium. Similarly, any reduction in sum insured during currency may be effected for which refund of premium will be allowed on short period basis. Following guidelines, though not exhaustive, are provided for arriving at the sums to be insured for various properties :

Property 1. Building (a) Completed

Base of Insurance Depreciated Value Basis

Sum Insured

Reinstatement Value Basis (b) In course of Reinstatement Construction Value Basis 2. Plant & Machinery (a) Bought II hand Market Value

Estimated cost of Reinstatement (material + Labour) of a similar property as on the date of proposal with suitable escalation for the policy period less depreciation for age. Same as above but without depreciation. In other words, the policy will pay, in the event of loss/ damage, without any deduction for depreciation. Estimated Total completed value (Material + Labour)

Estimated landed cost of replacement of a similar machine of the same kind and capacity as on the date of proposal with suitable escalation over the policy period less depreciation for age and usage for number of years from the date of manufacturing (and not from the year in which it was bought) (b) Bought New Market Value Estimated landed cost of replacement of a similar machine of the same kind and capacity as on the date of proposal with suitable escalation for the policy period less depreciation for age and usage. RIV Basis Estimated landed cost of a similar machine of the same kind and capacity as on the date of proposal with suitable escalation for the policy period. P.S. Generally, the landed cost of an imported or indigenous machinery will include its prime cost, Customs Duty/Excise Duty , CV Duty, , loading and unloading charges, freight, insurance, incidental expenses and cost of erection at site. (c) Obsolete M/c. Agreed Value Value has to be ascertained by an expert valuer. The value so ascertained will be the agreed value between insurer and proposer and loss/ damage will be assessed on this basis. 3. Stocks (a) Raw Material Market Value Landed cost at the time of proposal with suitable increase for inflation, if any.

(b) Finished Market Value Landed cost of Raw materials at the time of proposal plus direct and indirect charges Goods incurred for processing with suitable increase for inflation, if any. (c) Stock in Market Value Landed cost of Raw materials at the time of proposal plus direct and indirect charges process incurred upto the stage of processing with suitable increase for inflation, if any. P.S. : Landed cost means prime cost plus all duties plus freight, insurance and incidental charges. (d) Stock-in-trade Manufacturer Wholesaler Retailer Market Value Market Value Market Value Cost of Raw materials plus manufacturing costs (direct and indirect charges) as on the date of proposal with suitable increase for inflation, if necessary. Landed cost at which the goods can be purchased from Manufacturer as on the date of proposal with suitable increase for inflation, if necessary. Landed cost at which the goods can be purchased from Wholesaler as on the date of proposal with suitable increase for inflation, if necessary.

4. Furniture, Fixture & Fittings Estimated cost of replacement of property of the same kind as on the date of proposal with suitable escalation for the policy period less depreciation for usage. RIV Basis Estimated cost of Reinstatement) of a similar property as on the date of proposal with suitable escalation over the policy period. 5. Items to be covered specifically on declaration Agreed Value Basis Value as certified by an expert valuer. Market Value

Top^

How to claim If a misfortune befalls, leave the worry to us but please intimate such loss / damage immediately so that a Competent Surveyor may be deputed to minimise the loss. give an account of all properties damaged or destroyed with estimated amounts having regard to their values as on the date and place of loss. cooperate with surveyors by providing all the necessary documents for assessment of loss and establishing liability.

cooperate with the insurer in all their activities of entering the premises, taking possession of properties, their examining, sorting, removing or selling to your account, without prejudice. inform particulars of all other insurances existing on the property at the time of loss.

Documents required by insurer for processing the claim : I. Common Documents for all claims under a Standard Fire and Special Perils Policy: 1. 2. 3. 4. 5. Certified True copy of the policy along with schedule and Endorsements/clauses. Claim Form. Newspaper reports on the incident, if any. Photographs. Past claims experience.

II. Fire Claims (additional documents) 1. 2. 3. 4. 5. 6. 7. Report of the Internal Committee constituted for the purpose of investigating the cause of fire. Fire Brigade Report. First Information Report / Letter of intimation to the Police Station duly endorsed / Police Panchnama. Forensic Laboratory Report on samples collected at affected site. Drug Inspector's Report on destruction of Drugs/ Pharmaceutical items (for claim on pharma products only). Final Investigation Report. Action taken on the suggestion of TAC/ LPA on loss minimisation of prevention.

III. Flood Claims (additional documents): Meteorological Report IV. Explosion Claims (additional documents): Factory Inspector's Report or Report of Director of Industrial Safety and Welfare.

Marine cum Erection / Storage cum Erection Policy

Highlights

Scope

Add on covers

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Who can take the policy

How to select the sum insured

How to claim

Period of Insurance

This is a comprehensive policy covering all physical risks which a project is exposed to.

Highlights This is a comprehensive policy covering all physical risks which a project is exposed to right from the warehouse of the supplier of equipments - whether imported or indigenous - to its erection, testing and commissioning at the site. In case the supplier has arranged transit insurance upto the site, a Storage cum erection policy can be issued limiting coverage to risks that the project is exposed to at the site only. In case the policy period exceeds 12 months, the premium can be paid in quarterly installments with the first installment being more by 5% and the last installment being paid 6 months before expiry of the policy. For project value exceeding Rs.1500crs, specially designed policies are available. Top^

Scope The policy comprises of 2 Sections : Section I-Material Damage-covering physical loss, damage or destruction of the property insured by any cause, other than those specifically excluded in the policy. Section II-Third Party Liability-covering the legal liability falling on the insured contractor as a result of bodily injury or property damage belonging to a third party.

The policy covers all risk of physical loss or damage of insured property other than those specifically excluded , including : a. marine voyage for imports offloading / storage at port inland transit to site storage, handling, erection at site testing and commissioning at site loss or damage due to faulty design, defective material or casting, bad workmanship other than faults in erection. This exclusion is limited to the items immediately affected and does not apply to any consequential loss to correctly executed items. cost necessary for rectification or correction of any error during erection unless resulting in physical loss or damage. loss or damage due to gradual deterioration, atmospheric condition, rusting etc. loss discovered only at the time of taking inventory. loss arising out of penalty for delay, non-fulfillment of terms of contract. Top^

The main exclusions are :-

b. c. d. e.

Add on covers The policy can be extended to cover the following on payment of additional premium. clearance and removal of debris damage to owner's surrounding property maintenance visit / extended maintenance cover additional customs duty civil works express freight air freight

deletion of duration clause under marine Top^

Who can take the policy The policy can be taken by the principal, contractor or sub contractor, jointly or separately. Top^

How to select the sum insured The sum insured selected under section I should not be less than the completely erected value of the property inclusive of estimated freights, customs duty, erection cost etc. In case of long term contracts, there is bound to be escalation in prices i.e.prime cost. The basic policy will pay only as per the original cost and prices. However escalation clause can be opted for, under which escalation upto 50%, can be selected to take care of such increase in prices during the policy period. The sum insured shall be adjustable on completion of the erection, on the basis of actual values incurred by the insured in respect of freights, handling charges, customs dues, cost of erection etc. and premium adjusted accordingly. The sum insured under section II should represent the per accident limit (the maximum legal liability that may fall on the insured as a result of an accident in the insured's site). The limit per policy period should be fixed taking into account the maximum number of such accidents which can reasonably be expected to occur. Top^

How to claim In the event of any loss or damage giving rise to a claim under the policy, the following steps should be taken : take necessary steps to minimise the loss. inform insurance company immediately. inform fire brigade in case of fire and police authorities in case of theft. extend full cooperation to the surveyor deputed by the company. submit duly filled in claim form along with necessary documents to substantiate the financial loss suffered as a result of the accident. Top^

Period of Insurance The period of insurance should not be less than the period of contract and should commence from the date of unloading of the first consignment at the site of the erection and shall continue upto the conclusion of the first test operation or test loading subject to a maximum of 4weeks from the date trial running is made and / or readiness for work is declared by the erectors. If a part of the plant or one or several machines are tested and put into the operation, the coverage under the policy for that particular part of the plant or machine will cease, whereas the coverage will continue for the remaining parts which are not yet ready. In case approval of the plant or any part thereof is not given by the concerned authorities even after expiry of 4weeks of trial running, the policy can be extended and the extra premium to be arranged beforehand.

Highlights

Scope

Add on covers

How to select the sum insured

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How to claim

This policy covers the amount which the insured becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury, loss or damage to the property belonging to a third party.

Highlights This policy covers the amount which the insured becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury, loss or damage to the property belonging to a third party. The legal cost and expenses incurred in defending the case with prior consent of the insurance company are also payable subject to certain terms and conditions. One can insure more than one unit situated in different locations under a single policy. The policy offers a benefit of Retroactive period on continuous renewal of policy whereby claims reported in subsequent renewal but pertaining to earlier period after first inception of the policy, also become payable.

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Scope We issue three types of Public Liability Policies. 1. 2. 3. Public Liability Non Industrial Risk - For offices,hotels, cinema houses,hospitals, schools etc. Public Liability Industrial Risk - For godowns , warehouses and factories. Public Liability Insurance Act 1991 - This is a mandatory policy to be taken by owners ,users or transporters of hazardous substance as defined under Environment (Protection) Act 1986 in excess of the minimum quantity specified under the Public Liability Insurance Act 1991.

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Add on covers The Public Liability Policy can be extended to cover the following risks on payment of an additional premium. a. b. c. Natural calamities like flood, earthquake etc. Pollution Risk subject to NOC from Pollution Control Board Transportation Risk

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How to select the sum insured In Public Liability Policy, the sum insured is referred to as Limit of Indemnity. This limit is fixed per accident and per policy period which is called Any One Accident (AOA) limit and Any One Year (AOY) limit respectively. The ratio of AOA limit to AOY limit can be chosen from the following : a.1:1 b.1:2 c.1:3 d.1:4 The AOA limit which is the maximum amount payable for each accident should be fixed taking into account the nature of activity of the insured and the maximum number of people who could be affected and maximum property damage that could occur, in the worst possible accident in the insured's premises. In the case of Public Liability Insurance Act 1991, the AOA limit should represent the paid up capital of the company subject to maximum of Rs.5 crores. The AOY limit is fixed at 3 times the AOA limit (Max.Rs.15 Crores).

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How to claim Legal liability under the Law of Tort ,can arise under several circumstances in insured's premises such as a. b. c. d. Collapse of building structure Accidental falling of fixtures Bad maintenance or poor housekeeping resulting in accident to visitors on the premises Accidental leakage of toxic substance which pollutes the atmosphere and injures or kills people

The term "liability" means responsibility and "legal liability" means responsibilities which can be enforced by law. Legal Liability may be classified into Criminal Liability and Civil Liability. Only Civil Liability claims are payable. Civil Liability claims will arise if there is prima facie evidence of negligence by the insured resulting in injury or death to any third party or resulting in damage to property belonging to a person other than insured, or in insured's custody. Negligence will be proved only when following conditions are satisfied: a. b. c. Existence of duty of care Breach of this duty Injury suffered by a person or property damaged as a result of that breach.

In case of any event likely to give rise to a liability claim as described above, insurance company should be informed immediately. In case any legal notice or summons is received, it should be sent to the insurance company. The company has the option of arranging the defence of the case. The event giving rise to the claim should have occured during the period of insurance or retroactive period and the claim first

made in writing against the insured during the policy period. The maximum amount payable including defence cost will be the AOA limit selected. The any one year limit will get reduced by the amount of claim or indemnity paid for any one accident. Any number of such claims made during the policy period will be covered subject to the total indemnity not exceeding the Any One Year limit. In case of Public Liability Insurance Act 1991 Policy, any award which exceeds the AOA limit will be paid by the government through Environment Relief Fund to which the insured has to contribute an amount equivalent to the premium paid under the Public Liability Insurance Act Policy. The policy will not pay for claims arising out of contractual liability, intentional non-compliance of any statutory provision, loss of goodwill,slander ,fines ,penalties , libel , false arrest , defamation , mental injury etc.

Mumbai RO III
OFFICE ADDRESS OF THE OFFICE INCHARGE & CODE DESIGNATION 120000 MUMBAI REG. OFFICE.III MR. D A KALLIANPUR New India Centre, 3rd fl., CHIEF REG. MANAGER 17 -A, Cooperage Road, Mumbai - 400 039.

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TELEPHONE

Board: 022-22822604/ 22821833 Direct: 022-22853515 / 518 Fax - 022 -22853513 I.P.No.120001 Mobile-9820301545 Email: da.kallianpur@newindia.co.in Direct: 022-22836678 Mobile-9833298577 I.P.No.120003 Fax - 022 - 22853513 Email: vk.jain@newindia.co.in Direct : 022-22853516 Mobile-9833347111 I.P.No.120013 Fax - 022 - 22853513 Email: r.athiappan@newindia.co.in Direct : 022-22853517 Mobile: 9324527979 Fax - 022 - 22853513 Email: vilas.maitra@newindia.co.in Direct : 022-22853514 Mobile: 9892162278 Fax - 022 - 22853513 Email: anjan.dey@newindia.co.in Direct : 022-22853515

MR. V K JAIN REGIONAL MANAGER

MR. R. ATHIAPPAN REGIONAL MANAGER

MR. V W MAITRA REGIONAL MANAGER

MR. ANJAN DAY REGIONAL MANAGER

MR. MANORANJAN KAR REGIONAL MANAGER

120100 C.D.U.I New India Centre,1st. floor 17 -A, Cooperage Road, Mumbai - 400 039.

MR. K.S. RAM KUMAR, SR DIVISIONAL MANAGER

22822604/1833 22870538 / 228137936(D) 28578897 FAX - 022 -22821876 E-Mail:nia120100@hathway.com Mobile: 9819820673

120200 C.D.U.II MR THOMAS MOFFAT New India Centre,2nd Floor DIVISIONAL MANAGER 17 -A, Cooperage Road,

22822604/1833 Direct: 22830170 28390519(R)

Mumbai - 400 039.

FAX - 022 -22821980 Mobile: 9869646315 E-Mail:do120200@rediffmail.com

120300 C.D.U.III MR. R ELANKUMARAN New India Centre,2nd Floor DIVISIONAL MANAGER 17 -A, Cooperage Road, Mumbai - 400 039.

22885563 / 22822604/1833 28575025(R) FAX - 022- 22823058 Mobile: 9920234278 nia120300@hathway.com r.elankumaran@newindia.co.in

120400 C.D.U. IV MR. BIJAY RATH New India Centre,11th Floor DIVL MANAGER 17 -A, Cooperage Road, Mumbai - 400 039.

Board:22049713 /22049646 22815075(D) 26703566( R ) FAX - 022 -22842678 Mobile: 9819401448 E-Mail:pilotdo@gmail.com

120500 C.D.U. V New India Centre, 4th floor 17A Cooperage Rd. Mumbai 400 039.

MS. GOMATHY RANGANATHAN DIVL MANAGER

Direct : 22842530 22822604/1833 Fax - 022 - 22840530 982060423(M) hulldo@rediffmail.com

120700 C.D.U. New India Centre, 8th floor 17A Cooperage Rd. Mumbai 400 039.

MR. MANISH KUMAR DIVL MANAGER

Direct : 22814663 Borad :22049714 FAX - 022 -22881350 manish.kumar@newindia.co.in Mobile: 9833081858

121000 C.D.U. MR VINEET KUMAR New India Centre, 11 th floor SR. DIVL. MANAGER 17A Cooperage Rd. Mumbai 400 039.

22049647(O) 22815072(D) 26455318(R) FAX - 022 -22021382 E-Mail:nia121000@gmail.com 9869770034(M)

121200 C.D.U. MR. D. P. SAXENA New India Centre, 2nd floor DIVL. MANAGER 17A Cooperage Rd. Mumbai 400 039.

22025934/35 22882756(D) 28575720 FAX-22026078 E-mail:nia1212@vsnl.com Mobile: 9920483926

121400 C.D.U. New India Centre,1st Floor 17 -A, Cooperage Road, Mumbai - 400 039.

MR.DINESH PAI SR DIVL MANAGER

22822604/1833 22885624 / 22817296(D) 28573255(R) FAX - 022- 22821927 E-Mail:nia121400@hathway.com 9869467120(M) 9520 -27477136(D)

121401 PIMPRI BRANCH

MR. S.M.HALBE

TELCO LTD. ELECTRONICS BLDG, PIMPRI, PUNE 411018

BM

9520-66132850 / 66133332 FAX - 020 - 27477136 Email: sanjay.halbe@newindia.co.in Mobile: 9623451774 0657-2286211(D) FAX-0657-2286095 Email: opsingh19705@rediffmail.com 9939712061(M)

121402 JAMSHEDPUR BRANCH MR.O. P. SINGH Telco Ltd., Spare Parts Bldg., BM Jamshedpur - 831 010.

122100 Reliance D.O. New India Centre, 5th Floor, 17-A, Cooperage Road Mumbai - 400 009.

MR. ARUN K SRIVASTAVA 22822058(D) DIVL. MANAGER 228002845, 22820463 FAX - 022 -22851939 E-Mail:nia122100@rediffmail.com Mobile: 9833387519

CLAIMS HUB New India Centre, 4th floor 17A Cooperage Rd. Mumbai 400 039.

22882657 (D) 22049648/22049762/22816816/2284 3590 FAX - 22822043 28575720(R) Email: mroiiiclaimhub@rediffmail.com Mobile: 989216850

Mumbai RO I
ADDRESS OFFI OF THE INCHARGE & TELEPHONE CE OFFICE COD DESIGNATIO E N MUMBAI 110 MR. RAKESH REGIONAL 22660470 (D) 000 KUMAR OFFICE I New India DY.GEN.MAN 24620301 Bhawan, AGER 34/38, Bank FAX : 24620300 Street, Mumbai Email: rakesh.kumar@newindia.co.in 400023. MR. AJIT 22663181 (D) KUMAR REG..MANAG 24620303 ER 26703566 Email: ajit.kumar@newindia.co.in MR. J S 22693518 (D) TONK REG.MANAG 24620304 ER FAX : 24620324 Email: jawahar.tonk@newindia.co.in MR. K C 22691425 (D) KABUI REG..MANAG 24620305 ER

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FAX : 24620300 Email: kc.kabui@newindia.co.in MR. PRAVEEN 22702585 (D) GODBOLE REG..MANAG 24620302 ER FAX : 24620300 Email: p.godbole@newindia.co.in

New India SUSHIM Centre DHAKATE 11th Floor, New India 110 Centre, 17600 A, D.M. Cooperage Road, Mumbai 400039.

22829260 (D),

22829253 - 59, 22829258, FAX: 22829250

Email:sushim.dhakate@newindia.co.in New India MR. C.S. Centre SALVI, BM Branch 9th Floor, 110 17/A, 601 Cooperage Road, Mumbai 400039. Mumbai 400039 MR. MUKESH THAKKAR

22829255 (D)

22819250 (F)

Email: cs.salvi@newindia.co.in 9820329953 (M) Email: mukesh.thakkar@newindia.co.in

Shree Pant 23611935 (D) Bhavan, Nr. Sukh MR. Sagar, Opp. 110 SUKUMAR Bombay 800 BABU SR.D 23630067, 23630477, FAX: 23673548 / Cycle M 23673548 Email:sukmumar.babu@newindia.co.in Motor, Email:sharad.h@newindia.co.in Chowpaty, Mumbai 400007.

New India Bhavan Ground 111 Floor, MS. LATA 200 34/38, Bank IYER, D.M. Street, Fort, Mumbai 400023.

22632755 (D), 22665169, 22663813, 22665171 22663106 lata.iyer@newindia.co.in FAX:

Email:

Mittal Chambers 2nd Floor, MR. VIJAY 111 228, PAUNIKAR 400 Nariman DM Point, Mumbai 400021

22820892 (D),

22882259, 22839868 22821665

FAX:

Asian Building, 3rd Floor, 17, R. 111 Kamani 700 Marg, Ballard Estate, Mumbai 400038.

22621280 (D), MS. ALKA BANAGE DM

22617931-32, 22610366, FAX:22675264 alka.banage@newindia.co.in

Email:

Moti Mahal, 6th Floor, DR. C 111 Jamshedji KHATRI 800 Tata Road, SR.DM Churchgate, Mumbai 400020.

22846409 (D) 22821715, 22821764, 22811519, 22882901, 22027357, 22812316 FAX: 22820134 Email: c.khatri@newindia.co.in

Asian 22679075 (D), Building, Ground Floor, 17, R. MR. S. 111 Kamani MOHAPATRA 8108311713 (M) 22613674/75, 900 Marg, SR. DM 24620360/61/62/63 FAX:22612876 Ballard mail:satyanarayan.mohapatrar@newindia.co.in Estate, Mumbai 400038.

Asian Building, 3rd Floor, 17, R. 112 Kamani 000 Marg, Ballard Estate, Mumbai 400038.

22613245 (D), BIBU BOSE DM 22619857, 22617933, 22663530, FAX:22610889

Warden House, 4th Floor, Above MR. C.S. 112 Canara ATTAL 500 Bank, Sir SR. DM P.M. Road, Fort, Mumbai 400001.

22820035 (D),

22823695 (D), 22820035 o.in

22028003, 22029304, 22854020 - 24, FAX:22823696 Email:cs.attal@newindia.c

Brokers' DO 22, 2ND MS. Floor, Mittal 112 SUSHAMA Chambers, 700 ANUPAM D Nariman M Point, Mumbai 40 0021.

22020714 (D)

22020602/03, 22020577 FAX:22020608 Email:sushama.anupam@newindia.co. in

New India 22046075 (D), Centre, 7th Floor, MR. DEEPAK 112 17/A, M. 800 Cooperage 22020794, 22814720-21, 22814724, BHAT DM Road, FAX:22844394 Email:deepak.bhat@newindia.co.in Mumbai 400039.

CLAIMS MAHESH N HUB SHAH New India Centre, MANAGER 12th Floor, 17-A, Cooperage Road, Mu mbai 400020

22040345 (D) 22020693/94/95, 24620377/78/79

FAX:22045100 Email:ch11@newindia.co.in

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