MSME(Micro, Small & Medium Enterprises)
Micro, Small, and Medium Enterprises (MSME) are businesses known for their smaller scale of operations compared to large corporations. These enterprises play a crucial role in the economic development of developing countries. They contribute significantly to employment generation, product innovation, and diversification. However, MSME also face various risks, such as fire, natural disasters, theft, and liability. Therefore, having insurance is essential for their sustainability and resilience.
Bharat Sookshma Udyam Suraksha
Fire insurance is vital for MSMEs because it offers financial protection in case of fire accidents, which can lead to substantial property damage and disrupt business operations. The “Bharat Sookshma Udyam Suraksha” policy, introduced by the Insurance Regulatory and Development Authority of India (IRDAI), caters specifically to the needs of MSMEs.
Bharat Laghu Udyam Suraksha
Fire insurance is vital for MSMEs because it offers financial protection in case of fire accidents, which can lead to substantial property damage and disrupt business operations. The “Bharat Sookshma Udyam Suraksha” policy, introduced by the Insurance Regulatory and Development Authority of India (IRDAI), caters specifically to the needs of MSMEs.
Machinery Breakdown Insurance Policy
The policy includes coverage for losses stemming from any accidental, electrical, or mechanical failures caused by both internal and external factors, regardless of whether the machinery is active, idle, being dismantled, overhauled, or being reassembled at the original location.
Group Health Insurance Policy
Group health insurance policies offer an affordable and customized healthcare solution for employees and their dependents. These policies typically have lower premiums and broader coverage compared to individual plans. The comprehensive coverage includes hospitalization, outpatient care, and even maternity benefits. Additionally, group health insurance provides coverage for pre-existing conditions and often offers a cashless facility for hospitalization
Workmen's Compensation Insurance Policy
Construction environments are naturally risky, and mishaps are a possibility. Workers’ compensation insurance safeguards against the financial impact of workplace injuries by covering medical costs and compensating for lost income, thus promoting the welfare of employees and adherence to legal obligations.
Business Guard Insurance policy
Business Guard is an insurance product designed for business such as shops, lodging, health facilities, offices, restaurants, and educational facilities.Business Guard is also offered with coverage extension for your business, which can be tailored to your needs.
