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Kshema Bharat Laghu Udyam Suraksha

A Kshema product

The Kshema Bharat Laghu Udyam Suraksha policy provides comprehensive protection to the hard-earned investments in your small business from loss due to unexpected risks and damages.

  • Protect your Buildings, Plants, Machinery and other contents
  • Mitigate loss from contracts cancelled due to the damage
  • Multiple locations covered including raw material and stock storages 
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Policy documents

Why Choose Kshema Bharat Laghu Udyam Suraksha?

Protect your business assets from

Kshema
Fire Fire
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Bush Fire Bush Fire
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Missile testing operations Missile testing operations
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Acts of terrorism* Acts of terrorism*
Kshema
Subsidence and landslide, including rockslide Subsidence & Landslide
Kshema
Explosion/Implosion Explosion/Implosion
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Lightning Lightning
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Earthquake Earthquake
Kshema
Riot, Strikes, Malicious activities Riot & Strikes
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Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Tsunami, Flood and Inundation Damage Storm, Tsunami, Flood etc.
Theft (within 7 days) ** Theft (within 7 days) **
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Impact damage Impact damage
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Bursting or overflowing of water tanks, apparatus and pipes Bursting or overflowing
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Leakage from Automatic Sprinkler Installations Leakage from Automatic
Sprinkler Installations

Policy Documents

1. Prospectus
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2. Proposal Form
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3. Customer Information Sheet
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4. Policy Wordings
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Frequently Asked Questions

Inbuilt perils cannot be excluded.
Yes, there is an option to increase the coverage by means of add-ons.
It is new replacement value where the idea is to put the insured in the same position as he was just before happening of the incident/claim.
Impact damage of any kind means damage caused by impact, or collision caused by, any external physical object (e.g. vehicle, falling trees, aircraft, wall etc.). It is similar to the traditional accidental damage.
No, Change in deductible is not permissible.
No, Partial Selection of asset is not allowed. The policy allows cover for complete value of plant and machinery, Stocks and FFF at the risk premise.
Losses / damage due to theft will be covered within 7 days from occurrence of an Insured peril.
Yes upto 15% only.

For building, plant and machinery, furniture, fixture and fittings and any other contents: 
Reinstatement Value
For Stocks:
• For raw material: Landed Cost at your premises
• For stock in process: Input Cost of the stock at the time of damage,
• For finished stock: the Manufacturing Cost of the finished stock or the Contract price of goods sold but not delivered.

‘Value at Risk’ at any one location means the value of all property in that location including Buildings, Fittings and Fixtures, Plant and Machinery, Stocks, other contents etc where the proposer has insurable interest.
Yes, you can cancel the policy anytime during its period and a portion of the premium will be refunded. We can cancel only for misrepresentation, non-disclosure, fraud, or non – cooperation from your side.
The policy will continue for the benefit of your legal representatives until the policy expires.
Extension of short period policy is not possible, however annual policy can be issued on completion of short period.
Goods held in trust are deemed to be covered, unless specified.
The cover protects You during the period of the policy which is not more than one year.
You must pay premium in advance. The insurance cover begins only after Insurer receives Your premium.

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