Office Insurance: A need for every establishment

• A massive fire broke out at an office building in Mundka in Delhi at around 4.45 pm on Friday May 13th, 2022. Twenty-seven people died in the incident.

- Narendra Anand

• RAIPUR: A massive fire broke out in the LIC office in Korba in the early hours of Friday July 1, 2022. Computer systems and office equipment worth lakhs were gutted. 

• A fire broke out at the office of the Uttar Pradesh Advocate General, located at Dr. Bheemrao Ambedkar Bhawan in Prayagraj, around 5.30 am on Sunday July, 17, 2022, officials said, adding that the blaze in the nine storey building was put out after 11 hours.

Every now & then, we hear & see these news headlines at different part of our country and with the opening of businesses post covid, it has become necessary for all establishments to get all necessary covers against such unforeseen events which not only disrupt business but also put huge financial burden on the company & promotors.

Thankfully, our Insurance Industry understood the requirement well & has started offering packages to cover almost all perils, any office is exposed to, which can be customised & flexible as per the requirement of the Client. Every workspace needs to be insured in case of any accidents.

Office Package Insurance Policy

An Office Insurance Package is a comprehensive package of various insurance policies that will safeguard an office against all types of accidents. Its comprehensive nature helps a business cover all the important policies together. It covers insurance policies for fire, burglary, EEI, machinery breakdown, etc. It provides one complete control of managing all risks in the office under one policy. Office Package Policy which is designed specifically for office establishments including IT & ITES Sector.

Valuation Norm :