Introduction:

Every individual want to fulfill his dreams, see his family happily grow with the prosperity but life is full of unforeseen events, which can change the life of any person forever. No one can predict the future but everyone can buy protection against such uncertainties. Standard Fire and Special Perils Insurance Policy of Shriram General Insurance offers you the protection for your assets. So, if you are insured with Shriram General Insurance, you will get the best services and fast claim settlement.

Policy Coverage:

This policy covers loss or damage due to the following:

• Fire, Lightning, Explosion / Implosion.
• Aircraft Damage,Riot, Strike & Malicious Damage.Storm, Cyclone, Tempest, Hurricane, Tornado, Flood and Inundation.
• Impact Damage, Subsidence and Landslide including Rockslide.Bursting and/or overflowing of Water Tanks,
• Apparatus and Pipes.
• Missile testing operations.
• Leakage from Automatic Sprinkler Installations and Bush Fire.
• Upto 3% of the claim amount to cover the Architects, Surveyors and Consulting Engineer’s Fees.
• Upto 1% of the claim amount to cover the Debris Removal

Add-on Coverage:

The Add-on covers offered are as follows:

• Terrorism.
• Fees for Architects, Surveyors and Consulting Engineers are beyond 3% of the claim amount.
• Expenses for removal of Debris beyond 1% of claim amount.
• Deterioration of Stocks in Cold Storage premises due to power failure following damage due to an insured peril.
• Forest Fire.
• Impact Damage to the property due to Insured’s own Vehicles.
• Spontaneous Combustion.
  
• Omission to insure additions, alterations or extensions.
  
• Earthquake damage caused by Fire and Shock.
  
• Temporary removal of stocks is covered to any other premises for the purpose of production or processing or finishing or similar purposes.
  
• Loss of Rent and / or additional expenses of rent for alternative accommodation.
  

Excess / Deductible:

5% of each claim subject to minimum Rs. 10000/- arising out of “Act of God perils” and Rs. 10000/- for other claims arising out of other perils under this Policy.

EXCLUSIONS:

The General Exclusions for Loss, Damager and destruction caused by / to are listed below:

• War, Civil War, Nuclear Risk, Pollution and contamination.
  
• The stocks in Cold Storage premises caused by change of temperature.
  
• Any electrical and / or electronic machine, apparatus, fixture, or fitting arising from over-running, excessive pressure short circuiting, arcing, self heating or leakage of electricity from whatever cause (lightning included).
• Money and valuables unless specifically mentioned.

In Case of Claim:

Inform the 24x7 Call Centre about your Policy details.
Get a Claim Registration No. while confirming the Policy details.
Appointment of Surveyor at the time of Claim Registration.
Fast settlement of claims after submission of all the relevant documents.

Strengths of Shriram General Insurance Co. Ltd.

Shriram General Insurance Company Limited is a part of Shriram Group - A multi- dimensional, multi-locational organization with interests in the fields of Truck Financing, Life Insurance, Share Trading, Bulk Drugs, Software Consultancy, Project Engineering & Real Estate. The Group companies have equity participation from Citicorp (subsidiary of Citi Bank), UTI Bank, Chrys Capital – USA, New Bridge Capital–USA. 

Shriram General Insurance Company Limited has set up a joint venture with SANLAM, South Africa. SANLAM Limited is a major financial services company in South Africa, listed in the Johannesburg Securities Exchange and Namibian Stock Exchange. SANTAM is a part of SANLAM Limited, which is engaged in General Insurance business and ranked as the best Insurance Company in South Africa as per the recent study conducted by Pricewaterhouse Coopers. 

The above are only indicative in nature. For other details for any context, please contact our nearest office.

For more information call (91 - 141) 3220896, 3220898, 3220900 - 02
Monday to Friday: 9.30 A.M. to 5.30 P.M.
Saturdays: 9.30 A.M. to 1.30 P.M.

Insurance is the Subject Matter of Solicitation.