Insurance Policies

Financial Risks

With increasing complexity in operations and transaction, businesses face new and more complex risks every day. As margin for error reduces and smallest of errors produces enormous financial consequences, managers are asked to peer into the future and ensure that each decision taken by them produces exactly the same result as thought by them. But there are times when decisions do not pan out the way they should.

Overview

Other than damage to or loss of assets, businesses face many risks which cause direct monetary losses. Such financial risks include bad debts, frauds by third parties and employees, bad investments, legal suits by stakeholders, data loss and data theft etc.

Insurance industry has kept pace with such emerging risks and has responded with various insurance products which effectively mitigate them

Insurance Products

Credit Insurance

The Credit Insurance Policy is designed for companies that are selling their goods and/or services on credit to domestic and/or…

Business Interruption Policy

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

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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Insights

Protection From White Collar Crime

Henry Ford, the genius entrepreneur of the last century, described his idea of doing business in a simple manner. “A…

Consequential Loss Insurance – II

Carrying our mission forward to present the above Loss of Profit insurance (as it is normally called) in the simplest…

Consequential Loss Insurance (Fire) or Loss of Profit Insurance

As in the past in our knowledge series, we shall endeavor to present the above insurance in the simplest possible…

Protection From Protectors

Companies have shown strong predilection towards out sourcing of blue collared jobs. Peons, office boys, pantry staff, drivers, cleaning staff…

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Policy Snapshots

Policy Wordings

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Industry News

2025 ushers in with prospects of high growth in the Non-Life Insurance sector in India despite flat general insurance penetration….

The Indian government is preparing to implement significant reforms in the insurance sector by permitting 100% foreign direct investment (FDI)…

Non-life insurers in India are upbeat, having reported a 27.53% year-on-year (Y-o-Y) premium growth in October 2024. This high rate…

Optima Insurance Brokers Pvt. Ltd.

Financial Risks

Overview

Insurance Products

Credit Insurance

Business Interruption Policy

Advance Loss of Profit (ALOP) Insurance

Insights

Protection From White Collar Crime

Consequential Loss Insurance – II

Consequential Loss Insurance (Fire) or Loss of Profit Insurance

Protection From Protectors

Downloads

Policy Snapshots

Policy Wordings

Proposal Form

Claim Form

Industry News

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