×

Get your Quote here!

This insurance package provides cover against loss or damage by Fire & related Perils, Burglary, Accidental damage and it provides indemnity to the insured for the property insured against any loss or damage from any cause. The policy is normally extended to include Business Interruption. The property insured ideally includes industrial Buildings, Plant, Machinery and Equipment. This policy is ideal for Manufacturers and industrial set-ups.

This insurance package provides cover against loss or damage by Fire & related Perils, Burglary, Accidental damage and it provides indemnity to the insured for the property insured against any loss or damage from any cause.

  • Full Name of the client /proposer for insurance, Physical address, Postal Address, Telephone Contact, PIN Number, Occupation (Business from which client derives his income)
  • Value of Industrial Building including outbuildings, landlord’s fixtures and fittings, replacement value of office furniture and equipment, plant, machinery and equipment and maximum Value of Stock in trade held at any one time.
  • Gross profits for the immediate past financial year, annual gross wages and estimated cost of additional cost incurred to keep production/ business going after an extremely bad loss. Also incorporate a limit of audit fees that would be necessary for computing the claim following a loss.
  • Indication of the period it would take to resume full production/ operations (Indemnity period) in the event of a very bad loss.

 

 

 

In the event of a claim, KCB Insurance claims team will support you through the process to ensure the seamless and efficient claims process and early settlement. You can conveniently report the claim at the nearest KCB Branch. The following steps should be followed when a loss occurs:-

  • Inform the police spontaneously
  • Notify the claim to KCB Insurance Agency immediately.
  • Take necessary steps to protect undamaged property and minimise the losses.
  • Submit a duly completed Claim form and statement on the circumstances of the loss.
  • Obtain a police abstract report in case of fire, theft or malicious damage.
  • Submit witness(es) statements.
  • Furnish the loss adjustor with all documents requested such as audited financial reports for the most recent financial period, stock records etc.
  • Proof of cost/ books of accounts such as purchase invoices, delivery notes and receipts.

These might also interest you

View all our products
KCB Bank