Corporate Solutions

Marine Insurance

Type Of Policies

It deals with insurance of goods in transit through following modes of transport:
Sea, Rail, Road, Air, Inland waterways, Post Parcels

While the movement of cargo within the country is covered under inland policies, cargo going out of India/ cargo coming to India from broad are covered under overseas policies. One has the option of covering the voyage under a specific policy. However, if the voyages are frequent and it is difficult/ cumbersome to take specific policies, option is also available to obtain cover of all despatches under an open policy.

Scope Of Cover

The scope of cover under inland policies are determined by Inland Transit Clauses A, B and C. While C covers the losses arising due to fire and lightning, B covers losses arising due to accident of the carrying vehicle besides whatever is covered in C. Inland Transit Clause A is an All Risk policy. The scope of cover under Overseas policies are determined by Institute Cargo Clauses A, B and C. While C broadly covers the losses arising due to fire/ explosion/ sinking/ stranding/ jettison/ General Average, B covers losses arising due to earthquake, entry of sea water, washing overboard etc besides whatever is covered in C.

The policy covers loss/damage to the property insured due to:

  • Fire or explosion; stranding sinking etc.
  • Overturning derailment ( of land conveyance)
  • Collision
  • Discharge of cargo at port of distress
  • General average sacrifice salvage charges
  • Earthquake lightning
  • Washing overboard
  • Sea lake river water
  • Total loss of package lost overboard or dropped in loading or unloading

Service and Strength

The Marine Services Unit of claim, recovery and loss control specialists delivers exceptional service to our marine clients all over the world. Our risk managers are experienced in identifying potential hazards and preventing loss. Financial strength, combined with our underwriting expertise and claim service, means you can count on us to be there when you need us most .

Property Insurance

Fire insurance policy is suitable for the owner of property, one who holds property in trust or in commission; individuals/ financial institutions who have financial interest in the property. All immovable and movable property located at a particular premises such as buildings, plant and machinery, furniture, fixtures, fittings and other contents, stocks and stock in process along with goods held in trust or in commission including stocks at suppliers/ customer's premises, machinery temporarily removed from the premises for repairs can be insured.

Coverage Includes

  • Fire
  • Lightning
  • Explosion / Implosion
  • Aircraft Damage
  • Riot, Strike, Malicious Damage
  • Storm, Typhoon, Hurricane, Tornado, Flood and Inundation

Employee Benefit

Your vehicle is most critical to your business. Any damage to it can be a huge loss to you. In today’s times of uncertainties, you need a comprehensive insurance cover which not only covers you for the liability arising out of the Third party but covers you against the loss or damage to your vehicle.
  • Covers all the features as per the Motor Vehicle tariff
  • Coverage for Partial Loss & total loss arising out of accident, Fire & allied perils, burglary & theft, riots and strikes, damage in transit by air, rail, road and sea.
  • Discount (NCB) for claim free experience.
  • Predefined depreciation for the parts needing replacement on account of accident.
  • Third Party Legal Liability: Covers Third party property damage and Third party Bodily injury

Liabilities Insurance

You can travel overseas with your loved ones and without worries. Things may go wrong during your trip even after assiduous planning, for certain reasons that are beyond our reach.

Travel insurance is insurance that is intended to cover medical expenses, financial default of travel suppliers, and other losses incurred while traveling, either within one's own country, or internationally.


You can travel overseas with your loved ones and without worries. Things may go wrong during your trip even after assiduous planning, for certain reasons that are beyond our reach.

Private Car Insurance – In the Auto Insurance in India, Private Car Insurance is the fastest growing sector as it is compulsory for all the new cars. The amount of premium depends on the make and value of the car, state where the car is registered and the year of manufacture.