National Insurance Services
Machinery insurance provides insurance protection to both rotating as well as static equipment while at work or at rest against mechanical and electrical breakdown and also human error and negligence. Electronic equipment insurance caters to the peculiar needs of the electronic equipments which are not only extremely sensitive to the slightest changes in ambience conditions but also are characterized by having a large value concentration in a relatively compact set ups. Standard fire and special perils the standard fire and special perils policy covers all properties on land (excluding cost of land), moveable or immoveable, at various locations against named perils. The special types of policies are designed for stocks (declaration and floater), building, plant & machinery keeping in mind the nature of property, proposers' requirements and basis of indemnification. The long term policies available for dwellings with suitable discounts in premium. The policy can be extended to cover certain additional perils and expenses at additional premium. Certain perils can be deleted with discount in premium rates.
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