This is tailors made policy with bouquet of coverages as per available products under IRDA Provision to cover risk.
This is extended to corporate basis their business requirement to differentiate them from their competitors to add as a value added services.
Micro, Small, and Medium Enterprises are the backbone of our economy, but have been traditionally under-insured in India. An incident at the company, or to the promoter of the business, can result in irreparable loss from which the company may not recover.
Key Insurance products, which MSMEs can consider, are:
Property: Fire & Burglary, MBD/EEI, Motor Fleet, Office Package
Marine: Marine Cargo Inland, Marine Cargo Import/Export
Liability: D&O, Professional Indemnity, CGL, Cyber Risk, Trade Credit etc.