Products-micro-insurance

RISK COVERED

Financial loss sustained by the Insured due to any act of fraud or dishonesty of the employee in connection with his employment/occupation and his duties.

PREMIUM

• Premium Computation:
• Premium Rate/Table

POLICY EXCLUSIONS

• Consequential Loss is not covered
• After the Death Dismissal Resignation or Retirement of the employee or within 12 months after expiry of the policy whichever shall first occur.
• Any suppression misstatement of the facts affecting the risk at the time of taking up the policy
• The company shall not be liable to pay more than one claim in respect of the act of any one of the employee.

WHOM TO CONTACT FOR CLAIMS

A) Working Hours:
B) Holidays & Beyond working hours:

CLAIMs DOCUMENT REQUIRED

• Intimate the policy issuing office immediately after the discovery of loss and submit completed Claim form for further processing.
• First Information Report to the Police Authorities and their final report.
• All books of account and reports to be open for inspection to the insurance Company.
• Pursue the claim from the erring employee.
• From the date of discovery of the act of infidelity the policy is terminated as far as the particular employee is concerned.
• Immediately take all further steps to prevent loss.

CLAIM PROCEDURE

• Intimate the policy issuing office or the nearest office of the company.
• Claim form and other documents as required by the Insurance Company should be furnished.

POLICY PERIOD

One Year

HOW TO RENEW A POLICY

The Policy can be renewed by approaching any Branch of United India before the date of expiry of the policy.

NOTE

• Particulars of cover liability and exclusion given above are not complete or exhaustive :
• Our nearest Branch Office branch may be approached for complete details.