Special Insurance Covers

S. no. Products name Insurer LOB Product/Add on Cover Coverages
1 Medical expenses- Add-on cover under Employees compensation insurance SBIG Liability Product Policy is extended to cover Insured’s liability towards medical expenses for
treatment of Injury arising out of accident in respect of which indemnity is granted under
the Policy otherwise applies
2 Digit Asset Care Policy Go Digit Miss. Product Accidental Damage
Mechanical & Electrical Breakdown
Accidental Loss Cover
Theft
Liquid Damage
Breakage of mobile screen
3 Tax Liability Extension(D&O Add On) Raheja QBE Liability Add on The Company agrees to indemnify the Insured for the amount in excess of the total Underlying Insurance(s) limit of liability that the Insured shall become legally liable to pay provided that:
-the insurers of the Underlying Insurance(s) have paid or been held liable to pay the full amount
of the total limit of liability of the Underlying Insurance(s)
-The Company’s liability under this Policy shall not exceed the Limit of Liability of this Policy;
4 Excess Liability Raheja QBE Liability Product
(taken with liability policy)
The Company agrees to indemnify the Insured for the amount in excess of the total Underlying Insurance(s) limit of liability that the Insured shall become legally liable to pay provided that:
-the insurers of the Underlying Insurance(s) have paid or been held liable to pay the full amount
of the total limit of liability of the Underlying Insurance(s)
-The Company’s liability under this Policy shall not exceed the Limit of Liability of this Policy;
5 Shareholder costs(D&O Add On) Raheja QBE Liability Add on his Policy extends to cover the Company against legal liability to pay by order of a court any costs charges or expenses incurred by any shareholder of the Company in pursuing a Claim against any Insured Person
6 Tax Liability Extension(D&O Add On) Raheja QBE Liability Add on This Policy shall extend to include an Insured Person’s Loss arising from their personal liability for unpaid taxes of the Company where the Company has become insolvent,
7 Preservation of Indemnity(D&O Add On) Raheja QBE Liability Add on This Policy is extended to insure the Insured Person’s liability arising from a wrongful act that can lawfully be indemnified by the Company, but that the Insured Person cannot recover from the Company because the Company is in liquidation (other than by voluntary liquidation).
8 Kidnap Response(D&O Add On) Raheja QBE Liability Add on In the event of a Kidnapping, Hijacking or Wrongful Detention of an Insured Person during the Period of Insurance, RQBE will pay for Kidnap Response Costs of up to INR xxxxx incurred through the kidnap response consultants.
9 HOME CONTENTS INSURANCE POLICY Raheja QBE Miss. Product Section I: Household Contents: Due to Fire and Burglary
Section II – House Hold  Appliances: Due to Fire, Burglary and Electrical and Mechanical Breakdown
Section III – Personal Computer Air Conditioner AND Television: Fire, Burglary and Electrical and Mechanical Breakdown
Section IV – Jewellery : Due to Fire and Burglary
SECTION 5 – Home Building(Optional) :due to fire and allied perils
10 Billing and Settlement insurance Iffco Tokio Product Net Ascertained Financial loss:
The Sum of all monies in respect of all Accountable transactions due or overdue by the Agent at the time the Agent declared in Default in accordance with IATA Resolutions applicable to the IATA BSP as named in the attached Schedule, except for those monies that have been settled with the BSP or a Member Airlines.
11 Clinical Trials Policy Iffco Tokio Liability Product Clinical trial insurance (CTI) pays for the sums which the Insured shall be liable to pay as damages / compensation (including claimants costs and expenses) arising out of claims which are made by research subjects alleging death, bodily injury or any other adverse reaction in the body causing harm or disability to the body as a result of participation in a clinical trial.
Extensions
Notification of Event or Circumstance
Manslaughter Defence Costs (Ethics Committee)
Personal Accident Cover
Additional Insured
12 Directors and Officers liblility and Company Reimbursement Liability Insurance Iffco Tokio Liability Product Section 1: Standard Cover We will pay Loss incurred by You or on Your behalf in respect of any Claim first made against You during the Certificate Period (or a Discovery Period, if applicable) for a Wrongful Act. If the Company pays Loss on Your behalf in respect of any Claim first made against You for a Wrongful Act then We will pay such Loss on behalf of the Company instead. This also applies to any of the Additional Covers detailed in Section 2 below. However, the Company is not insured in its own right under this Certificate.
Section 2: Additional Cover: Emergency Costs, Public Relations Cover, Retirement Cover, Automatic Acquisition,Outside Directorship Cover, Non Executive Directors Additional Limit of Liability, Official Investigation Costs, Extension to the Certificate Period in the Event of Merger, Consolidation or Liquidation, Pre-Agreed Run-Off Coverage in the case of Merger or Acquisition or Liquidation,Mitigation Costs, Extradition Cover, Witness Cover, Personal Liberty and Property Costs,Interpretive Counsel,Environmental Claims Extension, Discovery Period Options,Bribery Proceedings, Corporate Manslaughter Extension
Section 3: Optional Coverage (subject to agreement): Automatic Renewal Extension,
13 Accidental Damage Raheja QBE SFSP Add on  policy is extended to cover actual loss of or damage to the property insured whilst situated in the insured premises due to any accidental loss/damage by external means up to a limit of indemnity
14 Involuntary Betterment Raheja QBE SFSP Add on in the event that new property of like kind and quality is not obtainable, property which is as similar as possible to that which has sustained Damage and which is capable of performing the same function shall be deemed to be new property of like kind and quality and in no event shall this be considered as a betterment to the Insured.
15 Undamaged Stock and Loss on Re Sale Raheja QBE SFSP Add on Cost of replacement of or modification to undamaged components of an item of Property insured following Damage.
16 Expediting Expenses Raheja QBE SFSP Add on in addition to the indemnity otherwise provided, the reasonable extra cost of safeguarding, preserving, temporary repair and of expediting the repair of such damaged property, including overtime and extra cost of express and other rapid means of transportation
17 Immediate Repairs Raheja QBE SFSP Add on By opting this Add On Insured may immediately begin repairs or
reconstruction but such work shall at all times be open to supervision by the insurer or their
representatives and in case of dispute as to the cost of repair and / or reconstruction the loss
shall be settled in accordance with the terms of this policy, the sole object of this condition being
not to deprive the insured from the use of operating properties which may be necessary to their
business.
18 Capital Additions Raheja QBE SFSP Add on any additions or extensions to Property Insured which have been carried out after the inception of this Policy of Insurance collectively referred to as “capital additions”.
any buildings, machinery and other equipment acquired or operated by or held in the care,
custody or control of the insured after the inception of this Policy of Insurance and not included in
The Schedule;
19 Obsolete Parts Raheja QBE SFSP Add on policy covers spares becoming obsolete following an indemnifiable loss to the Plant and Machinery
20 Smoke Damage Extension Raheja QBE SFSP Add on policy Includes destruction of or damage to the property insured (by fire or otherwise) directly caused by smoke due to a sudden, unusual and faulty operation of any heating or cooking unit, only when such unit is connected to a chimney by exhaust pipe or vent pipe, but not smoke from fire-places or industrial apparatus.
21 Accidental Discharge Of Gas Flooding Systems Raheja QBE SFSP Add on policy covers reasonable costs/expenses incurred by the insured in refilling cylinders of any gas flooding systems installed for the protection of property arising out of the accidental discharge of such system
22 Contamination and Co-mingling of stocks Raheja QBE SFSP Add on policy covers loss or damage to stock as a result of fortutious accidental contamination and/ or accidental co-mingling arising from a cause not otherwise excluded whilst in the Insured’s care, custody and control.
23 Leakage and Overflowing of Storage Tanks(Other than water storage tanks) Raheja QBE SFSP Add on this policy extends to cover the loss of stock caused by sudden and accidental leakage and/ or overflowing from any storage tank or vessel, pipeline.
24 Seasonal Enhancement of Stocks Cover Raheja QBE SFSP Add on Sum Insured of Stocks insured under the policy would be enhanced by percentage mentioned of their initial Sum Insured for a period of specified two months (Insured has a choice to select two months in succession or in a staggered way.).
25 Goods and Stocks undergoing any heating or drying process Raheja QBE SFSP Add on policy to include loss or damage to property insured by fire only occasioned by its undergoing any heating or drying process provided that loss or damage due to smoke, fumes, scorching, charring, chemical reaction, change of state or original composition or discoloration of property is excluded.
26 Outbuilding Clause Raheja QBE SFSP Add on include walls, gates and fences, small outbuildings, extensions, annexes, exterior staircase and steel or iron frameworks in the said premises
27 Vehicle Load Clause Raheja QBE SFSP Add on in the event of any of the insured’s vehicles being left loaded overnight whilst in or on the premises the Company will indemnify the insured in respect of such load in the event of loss or damage by any of the perils insured against by this Policy
28 Damages to Underground Services Raheja QBE SFSP Add on policy includes damage to any insured’s underground water, drainage, sewerage, gas, electricity or telephone pipe or cable for which the Insured is responsible extending from the Premises to the main provided the sum insured declared under the Policy is inclusive of the above.
29 Landscaping Cost Raheja QBE SFSP Add on policy includes the reasonable cost of remaking, reconstituting, redesigning and purchasing as necessary in order to replace surrounding and internal landscape grounds and gardens following Damage.
30 Duty Liability Raheja QBE SFSP Add on insured’s liability for custom’s, excise and other duties which the insured may become liable to pay in the event of Damage to property insured, to the extent it is included in the sum insured.
31 Employees Personal Property /Effect Raheja QBE SFSP Add on policy covers loss of or damage to Personal Property of Employees for which the Insured is responsible whilst at the Premises of the Insured
32 Property Outside/Away From the Premises Raheja QBE SFSP Add on Cover is extended to include stocks outside plant Premises in Tanks / Pipelines or for conversion, stock in depot whether owned or leased. The maximum time period for which this part of the property may be outside the insured’s premises is 30 days.
33 Tenants Improvement Raheja QBE SFSP Add on The Company will also pay in addition to the sum Insured for insured property, the cost of repairing or replacing damage to Insured’s landlord’s premises or property (other than glass) for which Insured is liable under the terms of lease or rental agreement arising from theft or attempted theft at the premises.
34 Cleaning up and other costs clause Raheja QBE SFSP Add on Policy extends to cover costs and expenses incurred by the Insured following physical loss or damage to the property hereby insured for the cleaning up or removing debris or decontaminating such damaged property or nearby property,
35 Trace and Access Raheja QBE SFSP Add on costs and expenses incurred in investigating and identifying the cause of Damage, and of identifying the location of such cause.
36 Undamaged Foundations Raheja QBE SFSP Add on when a building that is damaged has to be rebuilt at a location other than the premises because the requirements of any lawful authority prevent the reinstatement of the building at the premises, and that building’s foundations are not damaged to such an extent that prevents them from being re-used, then we shall allow in the actual rebuilding costs an amount for foundations that is equal to the value of the damaged building’s foundations at the premises.
37 Leak search / finding cost Clause Raheja QBE SFSP Add on in addition to indemnifiable costs of repair or replacement the company will indemnify the insured for the cost and expenses necessarily and reasonably incurred in locating and obtaining access to any part or parts of the insured property in order to locate and repair leaks or other damages
38 Protection and Preservation of Property Raheja QBE SFSP Add on this Policy is extended to cover the expenses incurred by the Insured in taking reasonable and necessary actions for the temporary protection and preservation of property insured hereunder, which expenses shall be added to the physical loss or damage otherwise recoverable
39 Secure Wallet Royal Sundaram Miss. Product A.Card Protection
B.Identity Theft
C.Purchase Protection
D.Personal Travelling
Protection
E.Wallet Protection
F.Virtual & Digital
Card/Wallet Protection”
40 Cover Plate Glass Section under Office Package Policy CholaMS Miss. Add on 1.Glass that constitutes or is part of the building façade.
Sum Insured Limit: As declared by Insured.
Rate: 110% of policy rate.
Policy Rate :preimium rating range shall from 0.5 % to 4 %
depending upon u/w information available and past claim clai history
41 Cover Plate Glass sectio n under Home Package Policy CholaMS Miss. Add on 1.Glass that constitutes or is part of the building façade.
Sum Insured Limit: As declared by Insured.
Rate: 110% of policy rate.
Policy Rate :preimium rating range shall from 0.5 % to 4 %
depending upon u/w information available and past claim clai history
42 Cover Plate Glass sectio n under Shop package CholaMS Miss. Add on 1.Glass that constitutes or is part of the building façade.
Sum Insured Limit: As declared by Insured.
Rate: 110% of policy rate.
Policy Rate :preimium rating range shall from 0.5 % to 4 %
depending upon u/w information available and past claim clai history
43 Cover Plate Glass Policy CholaMS Miss. Add on 1.Glass that constitutes or is part of the building façade.
Sum Insured Limit: As declared by Insured.
Rate: 110% of policy rate.
Policy Rate :preimium rating range shall from 0.5 % to 4 %
depending upon u/w information available and past claim clai history
44 Wind Energy Combined Insurance Policy Royal Sundaram Miss. Product Section 1: Material Damage
Section 2 Business Interruption
Section 3- Public Liability
45 Commercial Crime Insurance Policy BAGIC Liability Product Coverage for Financial Loss and/or Property Loss
Coverage for Cash & Valuables
Coverage for the Insured’s Legal Liability
Fees and Expenses

Extensions
Coverage for Additional Costs
Coverage for Expectation Damages
Coverage for Financial Loss as a result of an IT Criminal Act
Coverage for Reconstitution Costs as a result of an IT Criminal Act

46 Walleet Insurance ICICI Lombard Miss. Product Section I –  Lost Card Liability
Section II – Credit Shield
Section III  – Purchase Protection
Section IV – Loss of Wallet
Section V – Loss of Cash in Transit

Extensions
Extension WI 1- Mid-term inclusion of Card
Extension WI 2 – Personal Accident
Extension WI 3 – Travel Cover

47 P&I insurance NIA Marine Product * Vessels covered: vessels in Indian waters like dry cargo vessels, tugs, barges, etc.
* The Sum Insured for each vessel shall be $5 million (Rs 33 crore).
* There is no provision for any Condition Survey for vessels less than 10 years.