General Insurance

Motor Insurance or vehicle Insurance is all about protecting against financial losses arising out of vehicle usage. With the multifold rise in usage of four wheelers, motor Insurance is also termed as Car Insurance or Auto Insurance. Auto Insurance is one of the most common types of general insurance products.

Car Insurance is mandatory by law and protects you and the people riding in your car from any legal claim or penalty made by a third party. Family members who may drive you car can also be covered through auto insurance. Your car insurance policy is the most important document in your vehicle. Along with comprehensive coverage against physical damage, bodily injury and cover against third-party liability, your motor insurance brings to you confidence and peace of mind. All this is backed by our superior claims servicing capability and fast settlement record for vehicles insured by us.

Standard Fire and Special perils Policy (SFSP)

Buying a house or setting up a business is a dream of Individuals. But have we ensured that the huge investments made is protected with adequate insurance. There is always a chance of these precious investments being damaged by unfortunate and unexpected events like fire, explosions, natural calamities or riots, etc. NIC’s SFSP policy is a comprehensive policy available at low cost to indemnify the financial loss in the event of damage to buildings and contents within.

Perils Covered

This is a package insurance which covers the following set of perils:

• Fire
• Lightning
• Explosion / Implosion
• Aircraft damage
• Riot, Strike, Malicious damage (RSMD Perils)
• Storm, Tempest, Flood, Inundation, Hurricane,Cyclone, Typhoon and Tornado. (STFI)
• Impact by any Rail/ Road vehicle or animal belonging to third parties
• 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

Now 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. Let travel insurance from General insurance accompany the worries so that you can concentrate on rejuvenate. Catering to people from all walks of life.

Burglary Insurance policy covers property contained in business premises, stocks owned, or for which insured is responsible or held in trust and/or commission. It also covers cash, valuables, securities kept in a locked safe or cash box in locked steel cupboard on specific request.