Factory And Warehouse Insurance
"Protect Your Assets with Comprehensive Factory and Warehouse Insurance"
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- Sample Headings
About FWI – Factory And Warehouse Insurance
- What is FWI? (Click on Every points should be get breif explanation as below mentioned Contents)
- Basic Coverages.
- Add On Coverages.
- Claim Process Support.
- Free Consultation for the PLI Product.
What is FWI?
Factory and warehouse Insurance(FWI) is a comprehensive insurance policy that provides coverage for losses arising due to damage to the structure of the factory/warehouse, the goods stored or even the machinery stored/used in it. The policy provides cover to the policyholder if the building structure, plant and machinery in the factory or the warehouse stock is damaged on account of certain specified perils. The policy safeguards the factory owner against various unfavorable conditions such as fires, thefts, acts of terror, electric fires and more that would result in monetary loss for the factory owner.
Basic Coverages
- Building Coverage : Protection against damage to the factory or warehouse building itself due to risks like fire, implosion, explosion, and natural calamities
- Contents and Stocks: Coverage for goods stored within the premises, including machinery and equipment
- Loss of Profits: Compensation for lost profits resulting from damage to the insured property
Add On Coverages
protection against:-
- Theft
- Burglary
- electronic and mechanical breakdown
- money insurance and
- risk laptop insurance