General Insurance

1. Commercial Package Policy: A commercial package policy is a comprehensive insurance policy designed to provide coverage for various risks faced by businesses. It typically includes protection against property damage, liability, and business interruption. Businesses can customize the policy by selecting specific coverages tailored to their needs, such as fire insurance, burglary insurance, and machinery insurance.

2. Marine Insurance: Marine insurance provides coverage for goods, cargo, ships, and other marine-related properties against risks associated with transportation by sea or air. It offers protection against perils like theft, damage, loss, and natural disasters. Marine insurance can be further categorized into marine cargo insurance, hull insurance (covering the vessel itself), and liability insurance for shipowners and operators.

3. Professional Indemnity: Professional indemnity insurance, also known as errors and omissions insurance, protects professionals and businesses against claims of negligence, errors, or omissions in the services they provide. It covers legal costs and damages awarded to clients if they suffer financial losses due to professional advice or services provided by the insured.

4. Directors and Officers Cover: Directors and officers (D&O) insurance provides financial protection to directors and officers of a company against legal liabilities arising from wrongful acts, errors, or negligence committed while managing the company. It covers legal defense costs, settlements, and judgments resulting from lawsuits brought against directors and officers in their professional capacities

5. Public Liability: Public liability insurance offers protection to businesses against claims for bodily injury or property damage caused to third parties (e.g., customers, visitors, or members of the public) due to business operations or negligence. It covers legal expenses, medical costs, and compensation payments associated with such claims.

6. Machine Breakdown Cover: Machine breakdown insurance, also known as machinery breakdown insurance or boiler and machinery insurance, provides coverage for sudden and unforeseen damage to machinery and equipment due to mechanical breakdown, electrical failure, or operator error. It helps businesses cover repair or replacement costs and minimize downtime.

7. Group Personal Accident Cover: Group personal accident insurance provides financial compensation to employees or group members in the event of accidental death, bodily injury, or disability resulting from accidents. It offers coverage for medical expenses, temporary or permanent disability benefits, and death benefits to the insured and their beneficiaries.

8. Group Mediclaim Cover: Group mediclaim insurance, commonly known as group health insurance, offers medical coverage to a group of individuals, typically employees of a company or members of an organization. It provides reimbursement or direct payment for medical expenses incurred by the insured for hospitalization, surgery, and other healthcare services.

9. Travel Insurance: Travel insurance provides coverage for unexpected events and risks encountered during domestic or international travel. It typically includes benefits such as trip cancellation or interruption coverage, medical expenses coverage, emergency medical evacuation, baggage loss or delay coverage, and personal liability coverage.

10. Vehicle Insurance: Vehicle insurance, also known as auto insurance or motor insurance, provides financial protection against losses or damages to vehicles and liabilities arising from accidents. It typically includes coverage for collision damage, theft, third-party liability, medical expenses, and roadside assistance. Vehicle insurance is mandatory in most jurisdictions to legally operate a vehicle on public roads.