When you are involved in the business of exporting or importing goods from multiple countries. You know the financial implications of losing the cargo in transit due to any reason whatsoever. In the worst-case scenario, loss of goods because of theft, an overturning of the cargo vessel, etc. can even lead a company to dissolution, […]
Articles Tagged: Commercial Insurance
Who is Covered Under Multimodal Transport Operator (MTO) Insurance Cover?
Every business has its own legal and client-related liabilities that require careful consideration. The same holds true for transport operators providing national and international logistics solutions to clients from different industries. In particular, the challenges related to the work of Multimodal Transport Operators or MTOs are quite complex. They are engaged in transporting goods via […]
Buying Process of Specific Marine Policy – Infographic
Transit insurance is an important coverage as it protects cargo against loss or damage due to various perils during transit. Buying transit insurance online is quick and easy. Online buying process of Specific Marine Policy from SecureNow comprises of 7 Simple step: Go to www.securenow.in Go to Commercial Insurance, then go to Marine Insurance, and […]
Common General Insurance Terms You Should Be Aware Of
Here are some of the commonly used general insurance terms: Insurance: It is a contract between two people (or companies) wherein one of the persons agrees to cover the risk of the former and promises to compensate him in the case of any loss. Proposal: It is the application form for applying for insurance cover. […]
Letting Go
The narrative for entrepreneurship that has built up over the years is one of acquisition; of wealth, market share and funding. Actually entrepreneurship is about letting go; of legacies, power and perks. Letting go takes place at a personal and professional level. Personally, being an entrepreneur means little salary and uncertain cash flows for many […]
How important is fire insurance for your business?
Although you may take every precaution and use the latest technology to ensure the safety of your business premises, you cannot completely rule out the possibility of an accident. Thus, fire insurance is both essential and recommended for your business. Why is fire insurance important? To understand the importance of fire insurance for your office […]
Type of useful covers you can add to your Fire Insurance Policy
Apart from the perils that are covered by the standard fire insurance policy, you can opt for add-on covers with your fire insurance policy to cover additional risks upon payment of the additional premium amount. Add-on covers, also known as riders, can be added to your fire insurance policy to provide additional coverage for specific […]
What is covered under a Fire Insurance Policy?
A fire insurance policy covers all properties— moveable or immovable, against various perils. The fire insurance policy has been renamed as the standard fire and special perils policy. So, in this article, we must discuss what is covered under a Fire Insurance Policy. Some of the properties covered under a fire insurance policy are: Building: […]
How to file claims under a Fire Insurance policy in India?
Fire insurance is a crucial aspect of protecting your business from devastating financial losses. Fires can occur at any time, and the resulting damage can lead to expensive repairs or even the destruction of your business. Having fire insurance ensures that you are financially protected in case of a fire. With fire insurance, you can […]
What are the different types of Business Insurance for small businesses?
Business insurance, also referred to as commercial insurance policy, is a combination of insurance plans catering to a multitude of business needs. Based on the type of activity in the firm, any or multiple of the following different business insurance policies can be bought: Office Premises / Shop Insurance Stocks / Goods (Raw, in process, […]