Bharat Sookshma Udyam Suraksha Policy

Micro and small businesses, offices, shops & malls, hotels, warehouses, educational institutions, places of worship and more

Structure and building, plant and machinery, furniture and furnishings, raw materials, electric fittings, and finished goods and stocks, where sum insured is upto INR 5 cr

Safeguard your enterprise against fire, explosion or implosion, natural calamities, terrorism, riots, strikes, malicious damage and more with a policy designed to keep your business running smoothly

Coverage for damages from fire outbreaks and lightning strikes

Financial security against unforeseen explosions or implosions

Safeguards against damages from storms, tempests, floods, or inundations

Protection against damages from earthquakes, bushfires, forest fires, or jungle fires

Protection from damages caused by external physical objects (e.g., vehicles, falling trees, walls)

Coverage for losses from riots, strikes, or malicious damage

Coverage for theft within 7 days following an insured event

Waiver of under-insurance upto 15% of the value at risk

Please read policy wording for detailed inclusions

Losses from deliberate acts by the insured or representatives

Excludes damages caused by over-running, pressure, short-circuiting, arcing, self-heating, or electricity leakage

No coverage for stock losses due to temperature fluctuations

Excludes spoilage losses resulting from process interruptions due to an insured event

Losses arising from international war, invasion, civil war, rebellion, revolution, insurrection, or nuclear contamination are excluded

Excludes losses due to pollution or contamination unless directly caused by an insured event

Excludes losses incurred due to removal of property unless under specific circumstances (e.g., machinery temporarily taken for repairs)

INR 5,000 for each & every claim

Please read policy wording for detailed exclusions

Covers accidental damage to property or contents, like spills or breaks

Covers damage to appliances from electrical faults or power surges

Covers damage from physical impacts, like a car or tree hitting your property

Covers damage from snow, like roof collapse or falling ice

Allows contract price increase if material or labor costs rise

Protects against paying for unauthorized property improvements

Expenses for dewatering include pumping out water and drying areas, ensuring quick manufacturing resumption