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Bajaj Allianz Business Insurance

Plate Glass Insurance

Bajaj-Allianz´s Plate Glass insurance policy covers plate glass, glass doors, windows and glass frontage of buildings.

What does this Policy cover?
This Policy covers loss or damage to the plate glass occasioned by accidental breakage.

The Company will indemnify the Insured
• by payment for or replacement or repair of such glass
•  by payment of the cost of any temporary boarding up necessitated by such breakage

Extensions
Frames and framework are covered up to Rs. 5000 but only as a consequence of breakage of insured glass

Exclusions
•  Breakage caused directly or indirectly by Fire, Gas Heat or any loss that could be covered by a Fire policy.
•  Earthquake, volcanic eruption, cyclone or such other convulsions of nature, war and allied perils, riot and strike
•  Cracked or imperfect glass or scratches on the glass Willfully caused by the Insured or his agent
• Embossed, silvered, lettered, Bent or any special type of glass other than plain or of ordinary glazing quality unless declared and expressly insured by the policy
•  Consequential loss arising out of breakage, (i.e. interruption of business) or due to delay in replacing the glass.
•  Nuclear exclusion

Public liability
Scope of cover
The policy offers to indemnify you against legal liability to pay compensation including the claimant's costs, fees and expenses as a result of bodily injury or property damage to third parties arising out of accidents occurring in your premises during and notified within the currency of the policy.

Extensions
The policy does not cover liability or costs:
•  Assumed by you by agreement and which would not have attached in the absence of such agreement.
•  Arising out of earthquake, earth-tremor, volcanic eruption, flood, storm, tempest, typhoon, hurricane, tornado, cyclone or other similar convulsions of nature and atmospheric disturbance. You can obtain an extension to cover liability arising from these perils.
•  Arising out of deliberate, wilful or intentional non-compliance with any statutory provision
•  Arising out of losses of a pure financial nature such as loss of goodwill, loss of market etc.
A). Arising out of all personal injuries such as libel, slander, false arrest, wrongful eviction, wrongful detention, defamation etc. and mental injury, anguish, or shock resulting thereform.
B). Infringement of plans, copy-right, patent, trade name, trade mark, registered design, arising out of fines, penalties, punitive of exemplary damages or any other damages resulting from the multiplication of compensatory damages.
•  Through or in consequence of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war rebellion, revolution, insurrection or military or usurped power.
•  Directly or indirectly caused by or contributed to by ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel; the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof;
•  The ownership possession or use by or on behalf of the Insured of any motor vehicle or trailer for which compulsory insurance is required by legislation other than the following;
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