Download as pdf or txt
Download as pdf or txt
You are on page 1of 3

HDFC ERGO General Insurance Company Limited

Quote No. 223871187423/v2 Quotation Date 30/05/2024

TO Policy tenure is 12 months from Risk inception date

Agsa Springs Pvt Ltd Vertical (Source) Agency

X 14, Midc, Bhosari, Pune Dist. Pune Business Type New

Quotation for HDFC ERGO - Business Secure Sookshma Udyam Suraksha

Please refer our website www.hdfcergo.com for policy terms,conditions and wording.

Dear Sir / Madam,


We hereby extend our gratitude of having given us an opportunity to participate in quoting for the captioned risk
Appended here under is a brief summation of the Terms we propose:-

Coverage Section Sum Insured (Rs.) Premium (Rs.)

HDFC ERGO - Business Secure 4,99,94,660.00 27,057.00


Sookshma Udyam Suraksha

Total 4,99,94,660.00 27,057.00

TAX 4,870.26

Total Payable Premium 31,927.00

Please note this quote is valid 14/06/2024


till

We at HDFC ERGO General Insurance Company Limited assure you of our best services.

The quote is subject to change basis the risk parameters.

Registered & Corporate Office: 1st Floor, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai - 400020. Customer Service Address: 6th Floor, Leela Business Park, Andheri Kurla Road, Andheri (E), Mumbai - 400 059. Toll Free
1800-2-700-700 (Accessible from India only) | Fax : 91 22 6638 3699 | [email protected] | www.hdfcergo.com | CIN : U66030MH2007PLC177117| UIN : IRDAN125RP0038V01202223. IRDAI Reg No. 146.
HDFC ERGO General Insurance Company Limited

Quote No. 223871187423/v2

Quotation for HDFC ERGO - Business Secure Sookshma Udyam Suraksha

HDFC ERGO - Business Secure Sookshma Udyam

Location of Risk : X 14, Midc, Bhosari, Pune Dist.

Occupancy : Engineering Workshop - Galvanising works , Pipe Extruding, Stamping, Pressing

Description Sum Insured (Rs.) Basic Premium (Rs.) Terrorism Premium


(Rs.)

Building Including Plinth & 7,62,021.00 15,558.00 11,499.00


Foundation

Contents (excluding 22,56,494.00


jewellery and valuables)

Furniture fixture fittings 26,19,980.00

Plant & Machinery 4,43,56,165.00

Wording : As per HDFC ERGO - Business Secure Sookshma Udyam Suraksha

Deductible

1 Fire: Excess of ₹ 5,000 (Rupees Five Thousand) of each and every claim

2 Terrorism - Material Damage

1. Non Industrial -1% of claim amount for each and every claim subject to minimum limit of
Rs 25,000/- and maximum limit of Rs 10,00,000/-
2. Industrial-5% of claim amount for each and every claim subject to minimum limit of Rs
1,00,000/- and maximum limit of Rs 25,00,000/-

Clauses, Warranties & Condition

1 Earthquake (Fire & Shock) Extension

2 Additions, alterations or extensions upto 15% (Excluding stock)

3 Temporary removal of stocks upto 10% of stock value

4 Removal Of Debris Clause (Upto 2% Of The Claim Amount)

5 Architects, Surveyors And Consulting Engineers Fees (Upto 5% Of The Claim Amount)

6 Designation of property clause

7 Under insurance waiver up to 15%

8 Cover For Sepcific Contents


Money upto ₹ 50,000 ( Rupees Fifty Thousand)
Cover for documents such as deeds, manuscripts, business books, plans, drawings, securities etc.
upto ₹ 50,000
Cover for computer programmes, information and data upto ₹ 5 Lakh
Cover for personal effects of employees, Directors and visitors upto ₹ 15,000 per person for a
maximum of 20 persons during the policy period

9 Public Authority clause

10 72 Hours Clause

11 Additional Insured Clause

12 Pairs And Sets Clause

Registered & Corporate Office: 1st Floor, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai - 400020. Customer Service Address: 6th Floor, Leela Business Park, Andheri Kurla Road, Andheri (E), Mumbai - 400 059. Toll Free
1800-2-700-700 (Accessible from India only) | Fax : 91 22 6638 3699 | [email protected] | www.hdfcergo.com | CIN : U66030MH2007PLC177117| UIN : IRDAN125RP0038V01202223. IRDAI Reg No. 146.
HDFC ERGO General Insurance Company Limited
13 Destruction Of Insured Property clause

14 Reinstatement value clause (applicable for all except Stock of Raw material, Finished goods, Stock
in process)

15 Fire, including due to its own fermentation, or natural heating, or spontaneous combustion

16 Costs compelled by Municipal Regulations

17 Start up expenses not exceeding ₹ 1 Lakh (Rupees One Lakh) during the policy period

18 Terrorism Inclusion clause

19 Warranted that Kutcha Construction (if any) is not covered Kutcha Construction : Building (s)
having walls and / or roofs of wooden planks/ Thatched leaves and / or grass /hay of any kind/
bamboo / plastic / cloth / asphalt

20 Communicable Disease Exclusion [Endorsement][Clause]

21 Sanction and Embargo Clause

22 NMA 2915 - End B


Electronic Data Exclusion

23 Quote is subject to nil claims in previous 3 years

Premium Summary

Total Premium without Terrorism (Rs.) 15,558.00

Terrorism Premium (Rs.) 11,499.00

Tax (Rs.) 4,870.26

Total Payable Premium (Rs.) 31,927.00

Location Customer GST Number

The quote is subject to change basis the risk parameters.

Intermediary Code: 200577347695

Intermediary Name: Aruna Sukhdev Vetal

Registered & Corporate Office: 1st Floor, 165-166 Backbay Reclamation, H. T. Parekh Marg, Churchgate, Mumbai - 400020. Customer Service Address: 6th Floor, Leela Business Park, Andheri Kurla Road, Andheri (E), Mumbai - 400 059. Toll Free
1800-2-700-700 (Accessible from India only) | Fax : 91 22 6638 3699 | [email protected] | www.hdfcergo.com | CIN : U66030MH2007PLC177117| UIN : IRDAN125RP0038V01202223. IRDAI Reg No. 146.

You might also like