Optima Insurance Brokers Pvt. Ltd.

INSURANCE POLICIES

Construction

The construction industry is blooming across the globe, and India is no exception! In India, construction is the second largest economic activity after agriculture. Construction accounts for nearly 65 per cent of the total investment in infrastructure and is expected to be the biggest beneficiary of the surge in infrastructure investment over the next five years. Investment in construction accounts for nearly 11 per cent of India’s Gross Domestic Product (GDP). €239.68 billion is likely to be invested in the infrastructure sector over the next five to 10 years.

Insurance Products

During Construction

Contractors All Risk Policy (CAR)

Suitability This policy is designed to protect the interest of civil contractors and Firms involved in construction activity against the…

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Storage-cum-Erection/ Erection All Risks (EAR)

Act of God Earthquake (Add on Cover) Volcanic Eruption Storm / Cyclone/ Tempest /Tornado/Typhoon / Hurricane Flood & Inundation Social…

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Contractors Plant and Machinery (CPM)

The policy covers loss or damage to all types of contractor’s construction equipment such as bulldozers, cranes, excavators, compressors, etc.,…

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Advance Loss of Profit (ALOP) Insurance

This policy is particularly important for large greenfield projects where delay in project completion could have a substantial impact on…

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Marine Delay in Start Up (MDSU)

Provides insurance coverage for the principal’s financial loss resulting from a delay in commencing commercial operation due to a material…

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Operations Phase

Pollution Liability Insurance

The Pollution Liability Policy offers industrial, commercial, and agricultural property owners, managers and developers a broad range of liability protection…

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Commercial General Liability Insurance

What is a CGL policy? CGL covers Third party Liabilities arising from various business exposures such as those arising from…

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Directors’ and Officers’ (D&O) Liability Insurance

Directors & Officers Liability is the liability of corporate board members and officers arising out of their actions pertaining to…

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Workmen’s Compensation Insurance

Purpose Employer shall be liable before the Court of Law to pay compensation, in accordance with the provisions of Workmen…

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Professional Indemnity/ Errors and Omissions

Errors & Omissions Insurance is a professional liability insurance that protects companies and individuals against claims made by clients for…

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Business Interruption Policy

Popular insurance products like Fire Insurance, Machinery Breakdown Insurance cover the risk of physical damage to the assets. However the…

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Crime Insurance

Crime insurance covers the losses resulting from criminal acts such as robbery, burglary and other forms of theft either by…

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Money Insurance

Highlights Money Insurance policy provides cover for loss of money in transit between the insured’s premises, bank, vendors, customers, post…

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Employee Benefits

Insurance policies are provisions made by an employer for the economic welfare of employees. They include insurance covers like health insurance, life insurance, accident insurance, travel insurance, pensions, gratuity and superannuation. While on one hand they increasing employee morale and retention on the other hand some of these policies can also cover the statutory risks of the employer.

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Property Insurance

Property insurance policies protect your assets like buildings, plant and machinery, stocks, office equipment etc. against losses caused by fire, floods, storms, earthquake, terrorism, theft, accidental damage and breakdown. These policies cover the cost to replace or repair the property. In case, the property cannot be replaced or repaired, the policy can provide monetary compensation.

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Case Studies

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Optima’s core group has more than 100 man-years of experience in insurance. Our experience has trained us in reading the fine print of insurance policies, understanding it and applying it for the benefit of our clients.

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M6, M Block Market, Greater Kailash-II, New Delhi-110 048
+91-11-40 50 51 52, +91-11-40 50 51 53

Registered Office

M4, Greater Kailash-II, New Delhi-100 048
+91-11-40505159
info@optima.co.in

IRDA Registration Number 326  |  CIN : U66030DL2000PTC103603  |  Category : Direct Broker (Life and Non-Life)  |  License period : 22-03-21 to 21-03-24
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