National Insurance - Office Package Policy

This policy provides a package of various covers required by an office establishment including cover for buildings, the Landlords Fixture and Fittings, Boundary Walls and Fences, Canteen etc. Office contents, equipments, cover for employees, Public Liability etc all built in one policy.

This policy has been devised to cater to the specific requirements of Office Establishments containing 15 sections with stipulation of compulsory coverage and minimum sections for availing discounts.

Section 1A Fire & Allied perils as per Fire Policy A:
Property Insured.
The buildings including :
a) The Landlords Fixture and Fittings &
b) Boundary Walls and Fences.
c) Other Property (specified)
d) Sanitary Fittings
e) Canteen
Belonging to the insured or for which he/she is responsible.
Section 1B Fire & Allied Perils as per Fire Policy A:
Property Insured :
Contents such as
a) Furniture, Furnishing, Safes, Fixtures, Fittings, stationery
b) Documents such as Telephone, Gas & Electric Motors, manuscripts, drawings, Designs etc.
c) Office Appliances/ Electronic equipments
d) Clothing and personal effects ( except for property otherwise insured and Jewellery, Money & Fur) (Limit Rs.5000/- per person)
e) Tenants improvement/decorations/Alterations to the portion of the premises occupied by the Insured.
f) Any other property (please specify)
g) Canteen Contents.
h) Lift.
Section 1C Business Interruption:
If the Business is interrupted during the currency of the policy by :
a) Damage occurring at the office premises for which the company has admitted Liability under Section 1A or 1B.
b) Damage to Electronic equipments installed for which liability has been admitted Under Section VI.
c) Denial of access to the office as a direct consequence of damage to property in the vicinity by any peril or risk included under specified perils of sections IX and or section 1B.
The Company will pay to the insured the amount of loss in respect of following items.
i) the Gross Income including increased cost of working.
ii) on additional expenditure
iii) on accountants charge.
Section 1D:
Insurance of Rent for Alternative Accommodation Tenant or owner occupant.
Section 1E - Loss of Rent:
This section shall reimburse towards loss of rent to the insured following a valid claim under Section 1A of the policy where the premises have been rendered untenable And/or unfit for occupation.
Section 2:
Damage to the Premises consequent upon insured peril-liability limited to 5% of S.I., mentioned in the schedule. Burglary House breaking/robbery of the contents of the office.
The Sum Insured under Sec. 1B and Sec.2 must be the same.
Section 3 Plate Glass:
Cover : Loss/Damage to fixed plate glass in the insured premises by accidental breakage.
Section 4 Neon Sign/Glow Sign:
Cover : Loss or damage to Neon Sign/Glow Sign by accidental external means/Theft, burglary/RSDMD/Fire /Natural Calamities/Impact of Vehicles and Animals.
Section 5 Breakdown of Office Appliances:
Cover: Electrical/Mechanical Breakage of Office Appliances.
Section 6A - Electronic Equipments:
Loss/damage due to any cause to (a) electronic Equipment installations (b) Date carrying material while contained in the office.
Section 6B Portable Computers:
Cover : Loss or damage to Portable Computers while being used by the officials Of the Insured on journeys to places by Train or Road or Air as accompanied one in accordance with coverage of Section 6A.
Section 7 Loss of Money:
Cover Loss of money in transit by Robbery, theft or any other fortuitous cause and loss of money by burglary, housebreaking, robbery or hold up while money is retained at insured premises, in safe or strong room.
Section 8 Pedal Cycle:
Cover : As per Fire Policy A Burglary, House Breakings, Theft etc.
Section 9 Baggage:
Cover : All Risk
Section 10 Personal Accident Insurance for Employees:
Section 11 Mediclaim Insurance for Employees
Section 12 Infidelity Insurance:
Cover : Indemnity against direct pecuniary loss caused by act of fraud or dishonestly committed by any salaried person permanently employed by or with the insured in the office up to the amount stated in the schedule.
Section 13 Cost of Re-instatement of Data / Programme:
Cover : IN the event of damage to data contained in or on data carrying materials or to programmes caused by specified perils covered under Sec-6 here in above, the company will indemnify the insured against the cost of reinstating such data on data carrying materials and for programmes replaced up to amount stated in the schedule.
Section 14 Tenants Legal Liability:
Cover Insured Legal Liability for damage to the buildings and landlords fixtures/fittings caused during the currency of the policy by the perils covered under Section 1A.
Section 15A Third Party Liability
Section 15B Workmens Compensation Insurance