FOR ALL INSURANCE NEEDS
INSURANCE
Avia Insurance Brokers Private Limited operates as a Direct Insurance Broker(Life and General) under IRDAI (Insurance Brokers) Regulations,2018 with approved License from June 2020.
We also sell HEALTH INSURANCE
Motor Insurance
Motor Insurance Policy covers the policyholder in case of financial losses resulting from an accident or other damages sustained by the insured vehicle. A comprehensive motor insurance policy covers bodily injury and property damage to third-party along with compensation towards the vehicle losses as well.
Engineering Insurance
Engineering Insurance is an insurance policy that covers a wide range of engineering related risks. It is a comprehensive insurance that provides complete protection against risks associated with construction & erection of new or existing projects, machinery breakdown, contractors’ plant and machinery etc.
Fire Insurance
Fire Insurance is property insurance that covers damage and losses caused by fire. The purchase of fire insurance in addition to homeowners or property insurance helps to cover the cost of replacement, repair, or reconstruction of property, above the limit set by the property insurance policy
Liability Insurance
Liability Insurance is a policy that offers protection to business houses and individuals from risks arising out of legal liabilities or when sued for negligence, property damage or bodily injury. This insurance policy protects the insured from legal charges and costs for which the policyholder is deemed to be responsible. Various products that can be offered are: Directors’ & Officers’ liability, Error and Omission, Professional Indemnity, Commercial General Liability, Public Liability Act, Industrial & Non-Industrial, Employers’ legal liability, Cyber insurance, KRE, POSAI etc.
Miscellaneous Insurance
Miscellaneous Insurance refers to contracts of insurance other than those of Fire and Marine insurance. It covers a variety of risks, the chief of which are:- Personal Accident, Health, Liability, Travel, Burglary, Money, Fidelity, Plate Glass, Neon Sign, Jewelers Block etc.
Industrial All Risks Insurance
Industrial All Risks Insurance is a wider cover than traditional “Standard Fire and Special Peril Insurance policy”. It is an all risk policy covering a wide range of perils such as fire and allied perils, burglary, accidental damage, breakdown as well as business interruption.
Credit Insurance
Credit Insurance Trade Credit Insurance protects manufacturers, traders and service providers against losses from non-payment of a commercial trade debt. It insures against a buyer that has declared bankruptcy, insolvency or a similar legal status, as well as protecting insureds against buyers who delay payments under a bankruptcy protection arrangement.
Personal Accident Policy
Personal Accident Policy provides compensation in the event of insured sustaining injuries, solely and directly from an accident caused by violent, visible and external means, resulting into death or disablement be it temporary or permanent. It can be provided to individual as well as group clients.
Passenger Carrying Vehicle(PCV) Insurance
A Passenger Carrying Vehicle (PCV) insurance is designed to protect any private vehicle with yellow no. plate registered for commercial use for the purpose of transporting passengers from one place to another.
Group personal accident insurance
Group Personal Accident Insurance provides a comprehensive coverage for all expenses associated with accidents. In case of the accidental death of the insured, 100% of sum insured is paid to the nominee. This policy provides protection against insured’s burns arising due to an accident.
Marine Hull Insurance
Marine Hull Insurance is specifically designed to provide coverage to water vehicles like boat, yacht, steamer, ship etc. A Hull means the body of the vessel and that is exactly what is covered by this insurance policy.
Marine Cargo Insurance
Marine Cargo Insurance covers loss or damage caused to the goods transferred through rail, road, sea, inland waterways, air or courier from point of origin to their final destination as per the sale terms.
Contractor Plant & Machinery Insurance
Contractor Plant & Machinery Insurance Policy covers any kind of external loss or damage to the insured equipment due to accident or AOG peril. These equipment’s are supposed to be non registered and are not meant to ply on roads on their own wheels.
Erection All Risks (EAR) Insurance
Erection All Risks (EAR) Insurance — EAR policies are designed to cover the risk of loss arising out of the erection and installation of machinery, plant and steel structures, including physical damage to the contract works, equipment and machinery, and liability for third-party bodily injury or property damage arising out of these operations.
Contractors’ All Risks (CAR) Insurance
Contractors’ All Risks (CAR) Insurance provides an all risk coverage for structural damages, property damage and third-party injury or damage claims. Third parties including contractors and subcontractors as well who may be injured while working at the construction site.
Machinery Breakdown Policy
Machinery Breakdown Policy is an ideal cover for all kinds of plant and machinery, to cover cost of repairs or replacement of damaged parts as a result of unforeseen and sudden mechanical damages while in operation.
Cattle and Livestock Insurance
Cattle and Livestock Insurance helps protect the farmers from their financial loss due to loss of their animal.
Commercial Vehicle Insurance
A Commercial Vehicle Insurance not only protects damages and losses to third parties but also protects the owner-driver and the vehicle from losses that can arise out of accidents, natural calamities or other unfortunate situations.
Agricultural Insurance
Agricultural Insurance is a valuable business risk management tool that provides farmers with financial protection against production losses caused by natural perils such as drought, excessive moisture, hail, frost, wind and wildlife.
Aviation Insurance
Aviation Insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Aviation insurance policies are distinctly different from those for other areas of transportation and tend to incorporate aviation terminology, as well as terminology, limits and clauses specific to aviation insurance.
Event Insurance
Event Insurance (sometimes referred to as one-day event insurance) is an insurance policy that helps protect your investment in a specific event, such as a wedding. Event insurance may help cover your costs if you unexpectedly need to cancel your event or if you’re found responsible for property damage or an injury caused during your event.
Fidelity Guarantee Insurance
Fidelity Guarantee Insurance protects yourself against any fraudulent or dishonest acts committed by your employees. Fidelity Guarantee insurance covers the loss of money or other property belonging to you or for which you are legally responsible for as a direct result of their actions.
Burglary Insurance
Burglary insurance is insurance against loss or damage resulting from or following the unlawful breaking and entering of designated premises or places of safe keeping.
Travel insurance
Travel insurance is a type of insurance that covers the costs and losses associated with traveling. It is useful protection for those traveling domestically or abroad.
Cyber-Insurance
Cyber-insurance is a specialty lines insurance product intended to protect businesses, and individuals providing services for such businesses, from Internet-based risks, and more generally from risks relating to information technology infrastructure, information privacy, information governance liability, and activities related thereto.
Jewelers Block Insurance
Jewelers Block Insurance — inland marine insurance designed to provide coverage for loss of or damage to jewelry that is the stock of jewelry retailers, wholesalers, manufacturers, and pawnbrokers.
Package Policies
Package Policies are single insurance policy that combines several coverage’s previously sold separately. Examples include homeowners insurance and commercial multiple peril insurance.
Electronic Equipment Insurance
Electronic Equipment Insurance covers all sudden and unforeseen physical losses, which are not subject of exclusions, listed in insurance conditions. Subject of insurance are individual pieces of equipment or computer and data processing equipment of the Insured.
Errors and Omissions Insurance
Errors and Omissions Insurance (E&O) cover provides protection for the company and its subsidiaries for claims brought in respect of negligence , errors or omissions in the performance of professional services
Directors & Officers Policy
Directors and Officers Liability (D&O) provides cover for the personal liability of directors and officers arising due to the wrongful acts in their managerial capacity. Defense costs are also covered and are payable in advance of final judgment. This policy provides protection for claims brought against directors, officers and employees for actual or alleged breach of duty, negligence, misstatements or errors in their managerial capacity.
Bankers Indemnity Insurance
Bankers Indemnity is one general insurer allows banks to cover losses relating to automated teller machines, expenses for loss minimization, earthquake, fire or terrorism, as additions to the policy cover. Banker’s indemnity insurance policy covers losses incurred in the event of: Theft occurring within the insured’s premises
Commercial General Liability (CGL)
Commercial General Liability (CGL) is a type of insurance policy that provides coverage to a business for bodily injury, personal injury, and property damage caused by the business’s operations, products, or injuries that occur on the business’s premises. Commercial general liability’s considered comprehensive business insurance, though it does not cover all risks a business may face.
Product Liability Insurance
Product Liability Insurance is a type of business insurance that can cover the cost of compensation claims if someone is injured or their property is damaged by a product that you’ve sold. In certain situations you may be liable even if you haven’t actually manufactured the product. There is an option of product recall also to add with it.
Public Liability Insurance
Public Liability ACT/ Industrial/ Non – Industrial offers cover for third party liabilities bodily injury / property damage arising out of the premises and operations of the Insured and legal costs incurred in connection therewith.
Workmen’s Compensation Insurance Policy
The Workmen Compensation Insurance provides legal liability coverage for compensation to your employees for bodily injury or death caused due to accidents / occupational diseases arising out of and in course of employment.
Professional Indemnity Insurance
Professional Indemnity insurance, often referred to as professional liability insurance or PI insurance, covers legal costs and expenses incurred in your defense, as well as any damage or costs that may be awarded, if you are alleged to have provided inadequate advice, services or designs that cause your client to lose money or any personal loss including death.
Private Car Insurance
Private Car Insurance covers the motor insurance needs of individuals and businesses using private cars and also provides various add-on covers
Two-Wheeler Insurance
Two-Wheeler insurance refers to cover against any damages that may occur to the motorcycle, bike / two wheeler due to an accident, theft or natural disaster. It also provides protection against third party liabilities arising from injuries to one or more individuals.
Goods Carrying Vehicle Insurance (GCV)
Goods Carrying Vehicle Insurance (GCV) All Commercial Goods Carrying vehicles (3 wheelers to big trucks) categorized as GCV. … The goods are to be insured separately under Marine Insurance. GCV Insurance will only cover own damage to the vehicle and third party damage.
Trade Credit Insurance, Business Credit Insurance
Trade Credit Insurance, Business Credit Insurance, export credit insurance, or credit insurance is an risk policy and a risk management product offered by private insurance companies and governmental export credit agencies to business entities wishing to protect their accounts receivable from loss due to credit risks such as protracted default, insolvency or bankruptcy. This insurance product is a type of property and casualty insurance, and should not be confused with such products as credit life or credit disability insurance, which individuals obtain to protect against the risk of loss of income needed to pay debts. Trade credit insurance can include a component of political risk insurance which is offered by the same insurers to insure the risk of non-payment by foreign buyers due to currency issues, political unrest, expropriation etc.
Fire Insurance (SFSP) Standard Fire and Special Perils Insurance
Fire Insurance (SFSP) Standard Fire and Special Perils insurance is a traditional cover that offers cover against fire and allied perils which are named in the policy. The policy can cover building (including plinth and foundation), plant and machinery, stocks, furniture, fixtures and fittings and other contents.