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Fire Quote
Fire Quote
Ahmedabad Branch
INSURED DETAILS
Insured Name
MUNNA PATEL
QUOTE DETAILS
Customer ID
Quote Number
QU-17-2202-4001-00000002
Quote Issued on
19-APR-16
21 narmad estate
Occupancy
Risk Type
Industrial
15000 btu/lb
21 narmad estate odhav ahmedabad ODHAV INDUSTRIAL
ESTATE, AHMEDABAD, 382415, GUJARAT
Item
Sum Insured
1,00,000
Super Structure(Building)
15,00,000
Stocks
15,00,000
1,50,000
Electric Installation
1,50,000
3,00,000
Total:
37,00,000
Add on covers:
Sr. No.
Cover
Sum Insured
Total:
Excess (not applicable to dwellings with individual owners): If total sum insured of all fire policies at one location is a) Up to INR 10 Cr # 5% of claim amount subject to a minimum of INR 10,000.
b) Above INR 10 Cr and up to INR 100 Cr - 5% of claim amount subject to a minimum of INR 25,000.
This excess supersedes the General Exclusion 1 of policy wordings & shall apply per event per insured.
This quotation is subject to nil losses at the proposed risk location(s) in last 3 years period.
Plastic Goods Manufacturing (Excluding Foam Plastics)
Clauses
Warranties
Basement Warranty: It is hereby agreed & understood that any claim on stocks/contents covered by this insurance shall not be admissible for the
goods stored in the basement.
CONSTRUCTION (APPLICABLE OTHER THAN FOR OPEN STORAGE) WARRANTY: Warranted that the building covered under the policy/ in
which the contents covered under this policy is present is not kutcha construction as described below. Kutcha construction: Building (s) having walls
and / or roofs of wooden planks / thatched leaves and / or grass/ hay of any kind / bamboo/ plastic cloth/ asphalt cloth/ canvas/ tarpaulin and the like.
FEA Warranty: Warranted that any claim under the policy shall be admissible only if:
a) All Fire Extinguishing Appliances ( available at the time of policy inception) shall be installed throughout the premises at accessible locations and
to be maintained in efficient working condition through the policy period)
b) Hydrant system / smoke detectors / Heat detectors / Fire alarms / sprinklers if available at the time of commencement of risk or agreed to be installed before acceptance of risk shall be maintained in efficient working condition. It is also warranted that a team of trained employees shall remain
available inside the plant premises during the working hours of plant.
Remarks
This quote is subject to revision in case of change in any material information including the claims status provided to us while seeking the quote.
Quote Validity
Final Premium Rupees Eight Thousand One Hundred Sixty Two Only .
Net Premium
7,956
Service Tax
998
36
Final Premium
8,162
Authorized Signatory