Mega Risk Insurance

Mega Risk Insurance/Large Risk Insurance policies are issued to large corporate to cover risks where the sum insured exceeds Rs.2,500 crores at any one location (Property Damage and Business Interruption combined). The insurers are free to change the terms and conditions suited for a particular insured. The policy cover Building, Plant & Machineries, Furniture Fixtures, Electrical Equipment and Stocks of all kinds.

Key Features:

• The sum insured for a location should be more than INR 2500 Cr (Property Damage and Business Interruption combined).

• Packaged Policy on All Risk Basis

• Coverage and wordings can be modified to suit the requirements

• Generally, the terms and conditions are totally Reinsurance – Driven

• Hosts of add ons can be clubbed to the policy as per requirement.

• The policy can be customized to specific need of industry.