Who this cover is for
Small and medium enterprises (SMEs), professional clinics, corporate offices, retail showrooms, and institutional service firms.
Coverage scope
Policy scope is governed by insurer terms, endorsements, and policy schedules. Common provisions include:
Premises & Property Coverage
Shields office space and leased tenant improvements against fire, explosion, and water damage.
Electronic Equipment Insurance (EEI)
Covers servers, workstations, laptops, and networking switches against electrical surge and accidental impact.
Money in Safe & Money in Transit
Indemnity against robbery or hold-up of business cash while locked in safe or during transit to/from bank.
Tenant Public Liability
Legal defense and settlement for third-party visitors injured on your commercial business premises.
Key limitations and exclusions
Every insurance contract outlines specific conditions, waiting periods, and deductibles to review before policy inception:
Wear and Tear & Maintenance
Routine equipment depreciation, consumable ink/toner, and manufacturer maintenance issues are excluded.
Employee Dishonesty Proof
Internal cash fraud requires a specific Fidelity Guarantee section and timely police FIR documentation.
Unattended Premises Burglary
Premises left without standard locking mechanisms or approved security during off-hours may trigger exclusions.
How Sanghvi Consultancy assists you
With 45+ years of insurance experience in Navrangpura, Ahmedabad, Sanghvi Consultancy provides personal policy guidance:
- Consolidating disparate policies to reduce administrative overhead and premium duplication.
- Reviewing lease agreements to ensure required landlord indemnities are satisfied.
- Periodic policy audits as your office adds headcount or IT hardware.
Frequently asked questions
Why is a commercial package better than separate standalone policies?
A package policy eliminates coverage gaps between standalone contracts, simplifies annual renewal paperwork, and generally provides bundled premium discounts for SMEs.
Are laptops covered when employees take them outside the office?
Only if portable equipment coverage worldwide or pan-India is specifically endorsed on the Electronic Equipment schedule.
Discuss your policy with an advisor.
Get clear answers on policy terms, insurer waiting periods, and claim support without aggressive sales calls.