This is a package policy specially designed for jewelers & diamond Aires i.e. those establishments dealing solely in diamonds.
Jeweler´s premises are categorized into Class I, II or III depending upon the type of security provided for the premises.
Discount in premium is available in case the premises have special protection devices like built-in vaults, strong rooms ,closed circuit T.V. or armed guards.
In case of any incident giving rise to a claim under the policy , the following steps should be taken :
1. Inform insurance company within 24 hrs.
2. In case of burglary,theft etc. inform police immediately and obtain FIR
3. Submit claim form and relevant documents to surveyor appointed by Insurance Co. to substantiate loss. test
Shopkeepers Policy
This is a package policy specially designed for small shopkeepers. It is a single policy combining the various insurance requirements of shopkeepers.
Discount in premium is available if a minimum number of four sections is selected including Section I (b).
Only one policy can be taken by one shopkeeper for each shop in a specific location having separate books of accounts.
In case of any incident giving rise to a claim under this policy, please take the following steps:
1. Take necessary steps to minimize the loss/damage.
2. In case of fire, inform fire brigade immediately.
3. In case of theft, larceny or burglary inform the police immediately along with a list of items stolen and their approximate value.
4. Inform insurance company by phone or fax and in writing.
5. Extend full co-operation to the surveyor appointed by the insurance Co. and provide necessary documents to substantiate the loss. A claim form issued by the company is also to be submitted.
6. In case any rights of recovery exist against any other party responsible for the loss, your rights of recovery have to be subrogated to the insurance company on payment of claim.
