SME PACKAGE INSURANCE POLICY

POLICY CERTIFICATE

00 Policy / Certificate No : 0000000038071720

1 Customer ID : 0000000072267485
00
Pol Policy Issue Date : 05/03/2024
Name : . M/S SHIV TRACTORS PARTS
Pol
00 Address : ,., Period of Insurance : From 28/02/2024
To 27/02/2025
Eb ASHOK NAGAR FATEHPUR, Aboonagar,Fatehpur,
SM
00 Intermediary Name & code
: Baroda UP Bank Dhakauli 5465
Fatehpur, Uttar Pradesh, & 0071711
India, 212601 Intermediary Contact Number : +91-9554969114
Contact No : +91-9415066056 Loan Account No : 54650500000741
Email Id : Mortgaged to / Hypothecated : Refer Hypothecation Details
with

Dear . M/S SHIV TRACTORS PARTS,

Welcome to the SBI General Family. Small and Medium Size enterprises are the backbone of the Indian economy, the pathway to India's prosperity.
Hence, it's important to take steps to secure them. SBI General's SME Package Insurance Policy To ensure your business is protected at all times.
Putting you firmly in control of your business

We are hereby enclosing the following documents pertaining to your policy that outline the details of risk and cover as proposed by you.

• The Key Feature • Policy schedule • QR Code for Policy Wording

We request you to verify and confirm that these documents are in order. Please ensure safety of these documents as they form part of our contract
with you. For all your future correspondence with us, kindly quote your Customer ID and Policy No mentioned above. In case of any queries or
suggestions, please do not hesitate to get in touch with us. You can contact us at customer.care@sbigeneral.in or call our Customer Care Number
1800-102-1111 . We look forward to a continuing and mutually beneficial relationship.

KEY FEATURE
Details mentioned under are indicative and not exhaustive, for complete details, please refer policy wordings.
Key Benefits of the Policy 2 Sections are avaliable-Fire Sookshma Udyam Suraksha (as a base section) and Burglary (optional cover)
For Fire sookshma Udyam Suraksha
• STFI and RSMD will be in built with no option for deletion.
• Earthquake Cover is also in built with no option for deletion.
• Terrorism Add On is also in built for Fire Section with no option for deletion.
• Floater and Declaration Facility is not avaliable for Tiny Sector.
• Sum insured up to Rs 5 crores. For SME Tiny, maximum Sum insured under the policy is caped at Rs 1
crs (Including Mid Term Endorsements)
• No Pre-Inspection of the Risk is required.
For Burglary
• The risk of burglary of property (stock or stock in process, plant and machinery, furniture fixture fitting
etc).
• Damage to insured property or the premises by burglars. The risk of hold-up is also covered.
• Contents (plant, machinery, fixtures and fittings etc.) can be covered either on market value or on
reinstatement value basis but stocks are covered on market value basis only

What is covered in this

• Fire (including Spontaneous combustion) • Explosion or Implosion
Policy?
• Earthquake volcanic eruption, or other
• Lightning
convulsions of nature
• Storm, Cyclone, Typhoon, Tempest,
• Subsidence of the land on which Your Home
Hurricane, Tornado, Tsunami, Flood and
900 Building stands, Landslide, Rockslide
Inundation
• Impact damage of any kind, i.e., damage
900 caused by impact of or collision caused by,
• Forest Fire, Bush Fire, Jungle Fire
any external physical object (e.g. vehicle,
falling trees, aircraft, wall etc.)
900
• Missile testing operations • Riot, Strike, Malicious Damages
• Bursting or overflowing of water tanks,
900 • Acts of Terrorism
apparatus and pipes
• Theft within 7 days from the occurence of
• Leakage from automatic sprinkler
and proximately caused by any of the above
installations
Insured Events

Optional Covers

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What is Not covered in this
Excluded Activities for SME Tiny Excluded assets for SME Tiny
Policy?
• Agricultural/ Horticultural/ Floricultural/ • Mobile food/ beverage vending/ trailer parks/
Plantation/ Farming house boats/ camping grounds & tents
• Livestock farming/ cattle/ poultry breeding/
• Rail wagons/ rolling stock
fishing etc
• Bore Well drilling, agricultural pump sets,
• Construction, Plant & Machinery installation
water canals and irrigation network
• Circus, rural carnivals, travelling shows,
• Mining & Defense related
billage fair, fetes etc
• Salt pans/ aquaculture farms etc
For SME Package - Fire Section
• Willful or intentional act or omission
• Loss of earning, loss of delay, consequential loss
• Costs, fees, or expenses for preparing any claims.
• Any reduction in market value of any Insured Property after its repair or reinstatement.
For Burglary
• Jewelry, curios, title deeds, business books unless specifically insured
• Loss due to shop lifting, acts involving insured / his family members / employee
• Loss recoverable under Fire / Plate Glass insurance policy
• Loss by abstraction from a safe using a key or duplicate key, unless key is obtained by
violence or threat
# This is an indicative list of exclusions, please refer policy wording for details list

POLICY SCHEDULE
Important Note: 1) The Validity of this Certificate of Insurance cum Schedule is subject to realization of the premium cheque. 2) This insurance
policy cover is valid subject to Warranties, Terms and Conditions of the policy

Policy Servicing Office : Agarwal Arcade, Third Floor,4 Sardar Patel Marg,Civil Lines,Prayagraj, Allahabad, Allahabad Head Post Office, Uttar
Pradesh - 211001,India

Insured Name : M/S SHIV TRACTORS PARTS Policy Servicing Branch : Allahabad
Previous Policy No (if any) : Policy / Certificate Number : 0000000038071720
Period of Insurance : From 28/02/2024
Coinsurance Details : Own Share : 100%
To 27/02/2025
Type of Loan : PAN/Form 60/61 :

Risk Location Address ., ., ASHOK NAGAR FATEHPUR, Fatehpur, Uttar Pradesh, 212601
Address proof
Description of Occupancy Tiny Sector

SECTION 1 - FIRE AND ALLIED PERILS

Sr. No Type of Asset Asset Description Sum Insured(Rs)
1 Building including plinth, Basement and additional structures 0.00
2 Contents 0.00
Plant and Machinery 0.00
Furniture & Fixtures, Fittings and 0.00
other equipment
3 Stocks 670,000.00
Stocks of Raw Material 0.00
Stock in Process 0.00
Finished Stock 0.00
4 Other Contents 0.00
Total Sum Insured : 670,000.00
Floater cover Sum Insured : 0.00

Standard Add-on Cover Details

Stocks which fluctuate in value to be covered on (monthly) declaration
Sr. No Add on Cover Description
basis(Amount in Rs.)
1 Declaration policy for Stocks NA

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 Other Add On Cover Details
Sr. No Add On Name Sum Insured(Rs)

In Built Covers:
SECTION 1 - FIRE AND ALLIED PERILS In Built Covers:
Sr. No Covers SI Limits
1 Additions, alterations or extensions 15% of Sum Insured ( Excluding Stocks)
2 Temporary removal of stocks 10% of the Sum Insured of Stock
3 Cover for Specific Contents Upto Rs.50,000
Money Upto Rs.50,000
Deeds, manuscripts and business books, plans, drawings, securities, obligations Upto Rs.50,0000
or documents of any kind
Computer programmes, information and data Upto Rs. 5,00,000
Employees’, Directors’, visitors’ personal effects Upto Rs.15,000 per person for a maximum of 20
persons.
4 Start-Up Expenses Upto Rs.1,00,000
5 Professional fees 5 % of the claim amount
6 Costs for removal of debris 2 % of the claim amount.
7 Costs compelled by Municipal Regulations Upto Sum Insured
SECTION 2 - BURGLARY INSURANCE
Sr. No Type of Asset Asset Description Sum Insured(Rs)
1 Contents 0.00
Plant and Machinery 0.00
Furniture & Fixtures, Fittings and other equipment 0.00
2 Stocks 670,000.00
Stocks of Raw Material 0.00
Stock in Process 0.00
Finished Stock 0.00
3 Other Contents 0.00
4 Basis of Sum Insured for Burglary Full Sum Insured Basis
Rs. 670,000.00
Sublimited to the respective sums
Insured any one occurrence being
one claim or a series of claims
5 Limit of Indemnity:(100%)
arising out of one event or cause
and in the aggregate of all
occurrences during the Period of
Insurance

Basis of Valuation - Buildings/Contents Reinstatement Value

Basis of Valuation - Stock Market Value

Deductibles
Section 1- Fire and Allied Perils - Excess of 5,000 for each claim
Terrorism Damage Claims:
1 % of claim amount for each and every claim subject to a minimum of Rs.10000 and a maximum of
Shops & Residential Risks
Rs.500,000
1 % of claim amount for each and every claim subject to a minimum of Rs.25000 and a maximum of
Non-Industrial Risks
Rs.1000,000
5 % of claim amount for each and every claim subject to a minimum of Rs.100000 and a maximum of
Industrial Risks
Rs.2500,000
Section 2 - Burglary Insurance - The first 5% of each and every claim subject to minimum of Rs.5, 000/- in respect of each and every loss arising out
of Burglary. This will apply per event.

Premium Computation
Particulars Amount (Rs)
SECTION I - Fire & Allied Perils Insurance (Including In Built Cover and Excl. Terrorism
1,592.59
Premium)

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 Section II: Burglary Insurance 207.70
Terrorism Premium for Section I 154.10
Other Cover Premium 0.00
Discount/Loading if any: 0.00
Add on Cover Premium 0.0
Taxes as applicable 351.80
Final Premium 2,306.00

Collection Details
Receipt No Receipt Date
38019427 05/03/2024
P.S. If premium paid through cheque, the policy is void ab-initio in case of dishonour of cheque. Consolidated Stamp Duty Rs. 0.25 / - paid towards
Insurance Policy Stamps vide Order No. LOA/ENF-2/CSD/12/2023/(Validity Period Dt.04/01/2024 to Dt.05/12/2025)/136 Date:- 04/01/2024
Dated : 2024-01-04 17:50:25.0 of General Stamp Office, Mumbai.
For complete Coverage & Policy Wording, kindly visit our website - www.sbigeneral.in
Scan to view Customer Details and proposal form

For and on behalf of SBI General Insurance Company

Date: 28/02/2024 Digitally signed by VISHWANATHAN

SUBRAMANIAN
Place: Allahabad Date: 2024.03.05 13:29:04 IST
Authorized Signatory

Additional Conditions/Endorsements/Warranties/Clauses applicable

General Terms and Conditions Applicable to all sections:

Clauses :
1. Sanction Limitation And Exclusion Clause
2. Cyber Risk Exclusion clause NMA 5410
3. Communicable Disease Exclusion Clause.
4. Designation of Property Clause
5. Earthquake (Fire and Shock)
6. Basis of Valuation: ·
For Building, Plant and Machinery, Furniture, Fixture and Fittings and other contents: Reinstatement Value;
For raw material: Landed Cost;
For stock in process: Input cost;
For finished stock: Manufacturing cost of the finished stock or the Contract Price* of goods sold but not delivered, as applicable.
7. Terrorism damage inclusion
8. Additions, alterations or extensions Clause
9. Temporary removal of stocks(Applicable if Stocks benefit opted)
10. Cover for Specific Contents
11. Start-Up Expenses
12. Professional fees
13. Cost for Removal of debris
14. Costs compelled by Municipal Regulations
15. Waiver of Underinsurance upto 15%
16. Agreed Bank Clause (to be applied only in case, of hypothecation to Bank/ Financial Institution)
17.Policy shall stand canceled ab intio in the event of non-realization of the premium.
Warranties:

Special Condition :

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Exclusion :
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant& Machinery
installation• Mining & Defence related
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network• Circus
rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
Theft Exclusion - Burglary Section
Terrorism Damage Exclusion - Burglary Section
RSMD Burglary Exclusion
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network• Circus
rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
Theft Exclusion - Burglary Section
Terrorism Damage Exclusion - Burglary Section
RSMD Burglary Exclusion
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant& Machinery
installation• Mining & Defence related
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant& Machinery
installation• Mining & Defence related
Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network• Circus
rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
Theft Exclusion - Burglary Section
Terrorism Damage Exclusion - Burglary Section
RSMD Burglary Exclusion

Standard Fire & Special Perils Insurance and Burglary clauses - Location Wise( As per SBI General Bharat Sookshma Udyam Suraksha)
Clauses Applicable For Risk Location Address: ., ., ASHOK NAGAR FATEHPUR, Fatehpur, Uttar Pradesh, 212601
1 Additions, alterations or extensions Clause
2 Cover for Specific Contents
3 Professional fees
4 Cost for Removal of debris
5 Costs compelled by Municipal Regulations
6 Waiver of Underinsurance upto 15%
7 Sanction Limitation And Exclusion Clause
8 Cyber Loss Limited Exclusion Clause LMA 5410
9 Agreed Bank Clause
10 Basis of Valuation• For Building, Plant and Machinery, Furniture, Fixture and Fittings and other contents: Reinstatement Value;• For raw
material: Landed Cost;• For stock in process: Input cost;• For finished stock: Manufacturing cost of the finished stock or the Contract Price*
of goods sold but not delivered, as applicable.
11 Policy shall stand canceled ab intio in the event of non-realization of the premium
12 Terrorism damage inclusion
13 Temporary removal of stocks
14 Start-Up Expenses
15 Designation of Property Clause
16 Earthquake (Fire and Shock)
17 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant&
Machinery installation• Mining & Defence related
18 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network•
Circus rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
19 Theft Exclusion - Burglary Section
20 Terrorism Damage Exclusion - Burglary Section
21 RSMD Burglary Exclusion
22 Additions, alterations or extensions Clause
23 Cover for Specific Contents
24 Professional fees
25 Cost for Removal of debris
26 Costs compelled by Municipal Regulations

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27 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network•
Circus rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
28 Theft Exclusion - Burglary Section
29 Terrorism Damage Exclusion - Burglary Section
30 RSMD Burglary Exclusion
31 Kutcha construction is excluded under scope of this policy
32 Waiver of Underinsurance upto 15%
33 Sanction Limitation And Exclusion Clause
34 Cyber Loss Limited Exclusion Clause LMA 5410
35 Agreed Bank Clause
36 Basis of Valuation• For Building, Plant and Machinery, Furniture, Fixture and Fittings and other contents: Reinstatement Value;• For raw
material: Landed Cost;• For stock in process: Input cost;• For finished stock: Manufacturing cost of the finished stock or the Contract Price*
of goods sold but not delivered, as applicable.
37 Policy shall stand canceled ab intio in the event of non-realization of the premium
38 Terrorism damage inclusion
39 Temporary removal of stocks
40 Start-Up Expenses
41 Designation of Property Clause
42 Earthquake (Fire and Shock)
43 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant&
Machinery installation• Mining & Defence related
44 Additions, alterations or extensions Clause
45 Cover for Specific Contents
46 Professional fees
47 Cost for Removal of debris
48 Costs compelled by Municipal Regulations
49 Waiver of Underinsurance upto 15%
50 Sanction Limitation And Exclusion Clause
51 Cyber Loss Limited Exclusion Clause LMA 5410
52 Agreed Bank Clause
53 Basis of Valuation• For Building, Plant and Machinery, Furniture, Fixture and Fittings and other contents: Reinstatement Value;• For raw
material: Landed Cost;• For stock in process: Input cost;• For finished stock: Manufacturing cost of the finished stock or the Contract Price*
of goods sold but not delivered, as applicable.
54 Policy shall stand canceled ab intio in the event of non-realization of the premium
55 Terrorism damage inclusion
56 Temporary removal of stocks
57 Start-Up Expenses
58 Designation of Property Clause
59 Earthquake (Fire and Shock)
60 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Activities•
Agricultural/horticultural/floricultural/plantation/farming• Livestock farming/cattle/poultry breeding/fishing etc• Construction, plant&
Machinery installation• Mining & Defence related
61 Standard Exclusions applicable as per SME Package Insurance Policy - Excluded Assets• Mobile food /beverage vending/trailer parks/house
boats/camping grounds & tents• Rail Wagons /rolling stock• Bore well drilling ,agricultural pump sets, water canals and irrigation network•
Circus rural carnivals, travelling shows, village fair, fetes etc• Salt pans/aquaculture
62 Theft Exclusion - Burglary Section
63 Terrorism Damage Exclusion - Burglary Section
64 RSMD Burglary Exclusion

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 Hypothecation Details

Sr. No Name of the financial institution Address of financial institution

1 Baroda UP Bank Dhakauli Baroda UP Bank Dhakauli

Important Note

1. All other terms, conditions, exclusions as per attached policy wordings.

2. In case of payment by cheque, in the event of dishonor of cheque for any reason whatsoever, insurance cover provided under this document
automatically stands cancelled from the inception irrespective of whether a separate communication is sent or not
3. Please refer the Claims Settlement & Grievance Redressal procedure document attached herein for ready references
4. SBI General Insurance Company Ltd. does not accept Cash for Premium Payments against the Policy
5. Receipt subject to realisation of instrument submitted
6. Kindly refer to the policy document for time of commencement of cover

Declaration
As part of the Go Green initiative, we’ll be issuing this policy in digital mode on your registered mobile number and e-mail ID. We save a tree
when we issue an e-policy. A policy document sent electronically is as valid as a physical policy contract document. Date of delivery of the policy
document is reckoned for the purpose of examining free look request. However, if you need a physical copy of the policy document, please send
SMS “PRINT ” to 561612 from your registered mobile number.

Intimating a Claim

For Intimating a Claim with us please contact us through the following channels:
Phone : 1800-102-1111 Toll Free 8:00 am to 8:00 pm (Monday to Saturday)
E mail - customer.care@sbigeneral.in
Facsimile: 1800-102-7244 (Toll Free)

Claim Settlement

The company will settle the claim under this Policy within 30 days from the date of receipt of necessary document required for assessing the claims
In the event that the company decides to reject a claim made under this Policy, the Company shall do so within a period of thirty days of the Survey
Report or additional Survey report, as the case may be, in accordance with the provision of Protection of Policyholder’s Interest Regulations 2017.

GRIEVANCES

In case of any queries the insured person may contact the company through
Level-1- Toll free: 1800 22 1111 /1800 102 1111/E- mail: customer.care@sbigeneral.in/For Senior Citizens:
seniorcitizengrievances@sbigeneral.in
Level-2-head.customercare@sbigeneral.in
Level-3- gro@sbigeneral.in
In case, you are not satisfied with the decision/ resolution provided by above authorities you may register your
complain with IRDAI by visiting the below site: https://bimabharosa.irdai.gov.in/Home/Home
In case, you are not satisfied with the decision/ resolution provided by above authorities you may approach the
Scan the QR code for Terms
insurance ombudsman falling in your jurisdiction at (https://www.cioins.co.in/Ombudsman)
& conditions, Key Feature
For any communications with respect to the Insurance Contract you can contact our nearest branch office or and Ombudsman List
write to us at “SBI General Insurance Company Limited”. 9th Floor, A&B Wing, Fulcrum Building, Sahar Road,
Andheri East, Mumbai - 400099.

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 PREMIUM RECEIPT
Branch Office Address: Reference No: 000052366718
SBI General Insurance Company Limited OF Receipt No: 38019427
Agarwal Arcade, Third Floor, 4 Sardar Patel Marg, Civil Lines, Prayagraj, Date: 05/03/2024
Allahabad, Allahabad Head Post Office, Uttar Pradesh - 211001, India
Branch Code: 00053
Party/Depositor ID: 0000000072267485
Received with thanks from M/S SHIV TRACTORS PARTS
an amount of Rs. 2306 (Rupees Two Thousand Three Hundred and Six )
by EFT
No: BUPB119269
Dated : 28/02/2024
Drawn on Bank : STATE BANK
OF INDIA
Branch:
Party ID Quote/Policy/Claim No. Name of Party Amount(Rs.)

0000000072267485 0000000103850787 M/S SHIV TRACTORS 2,306.00

PARTS

TOTAL 2,306.00

For and on behalf of

SBI General Insurance Co. Ltd.

Authorized Signatory

GST INVOICE
GST Invoice No: 103807914 GST Invoice Date: 05/03/2024
GST No. (SBI
09AAMCS8857L1ZA SBI General State Uttar Pradesh
General)
SBI General Insurance Company Limited
SBI General
Agarwal Arcade, Third Floor, 4 Sardar Patel Marg, Civil Lines, Prayagraj, Allahabad, Allahabad Head Post Office, Uttar Pradesh -
Branch Address:
211001, India
Details of Policy Holder:
Name: M/S SHIV TRACTORS PARTS
Address: , ., ASHOK NAGAR FATEHPUR, Aboonagar, Fatehpur,Fatehpur, Uttar Pradesh, India, 212601
Policy Holder
Uttar Pradesh
State
1954 GSTIN /Unique
Policy Number 0000000038071720
No.
0.0 Insurance HSN
Premium KFC CGST SGST/ UTGST IGST
(without
Product Name Code Rate Amount Rate Amount Rate Amount Rate Amount
175. Taxes)
SME
99713
1954 Preunderwritten 1954.39 1% 0.00 9.00% 175.90 9.00% 175.90 0.00% 0.00
7
Package

175.
Total Invoice
0 Value (In 2,306.00
Figures)

Taxes
351.80 Authorized Signatory
Applicable

Disclaimer: SBI General Insurance Company Limited, Corporate & Registered Office: Fulcrum Building, 9th Floor, A & B Wing, Sahar Road, Andheri (East),
Mumbai - 400099. | For more details on the risk factors, terms and conditions, please refer to the Sales Brochure and Policy Wordings carefully before
conducting a sale. | For SBI General Insurance Company Limited IRDAI Reg. No. 144 dated 15/12/2009 | CIN:U66000MH2009PLC190546 | SBI Logo displayed
belongs to State Bank of India and used by SBI General Insurance Company Limited under license | SME Package Insurance Policy | UIN:
IRDAN144RP003V03201415 | SBI General Insurance and SBI are separate legal entities and SBI is working as Corporate Agent of the company for sourcing of
insurance products.

Call (Toll Free) 1800 102 1111 | www.sbigeneral.i

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