First Policy - Insurance Brokers Company In India | Insurance agency

Any enterprise is associated with numerous threats—those that are [reasonably] foreseeable and those that are [un]foreseeable. From lost merchandise to shattered windows, data breaches to damaged products, libel suits to employee embezzlement, they all cost money. The best way to prevent all kinds of dangers is to develop an effective insurance plan that will guard your business against all possibilities. To mitigate the above risks the following types of insurance can be covered; Commercial general insurance, Crime Insurance, product liability insurance policy, and cyber insurance india. Let’s look at how these basic types of insurance work together to give you a complete picture of insurance protection. Commercial General Insurance: The Foundation of Business Protection Unlike in the past, today’s entrepreneurs must not neglect CGI since every enterprise requires it no matter its size and industry. This kind of policy provides general coverage against most perils that are likely to h...

Preliminary, some of the risks that are inherent to operating a construction business in India include; Accidental damage to property includes image of equipment, materials, and workforce, including the employee, contractor and any other third-party individual present at the construction site. In order to avoid and minimize these risks, there's a need to have the appropriate construction insurance. However, the cost of construction company insurance can be a little higher or lower depending on a number of factors as explained below. Reading this blog, the reader will be equipped with sufficient knowledge on the major determinants of the cost and the compulsory or recommended insurance packages he or she requires for the company. Understanding Construction Insurance Construction insurance is basically an insurance policy to cover the potential risks and losses through work related accidents, properties and legal cases and many others that might affect construction business. This ins...

  In the world where a business is constantly changing, one cannot come across two similar organizations with the similar risks and insurance requirements. Your business whether a factory, warehouse and large construction projects call for protection thus calling for tailored coverage. First Policy provides business property insurance which meets specific and individual needs, thus providing coverage for all business needs. Tailored Insurance for Construction Projects As construction is a high-risk sector, it can be faced with risks which include disasters, occurrence of accidents on construction sites, etc. In construction businesses, corporate insurance must be purchased in a package that addresses the requirements of the business. First Policy presents specific services such as contractors all risk insurance and construction all risk insurance to cover virtually all risks. These policies involve those that happen during the period of construction, for example, mishaps, disaster...

The very dynamism of the business environment creates enormous challenges for growing businesses. Exposure to business risk increases in proportion to the scale at which the business operates, making protection of its assets, operations, and reputation compulsory. Investment in one area can be regarded as a very effective way to mitigate risks. This comprises commercial general insurance, specifically Corporate General Liability Insurance, or simply CGL. It is among the most critical types of insurance for businesses because these provide extensive cover and thus safeguard businesses against liability claims by third parties, destruction of property, and so forth. Here are the top five benefits of CGL insurance policies for growing businesses:  1. Protection Against Third-Party Claims As the business grows, there is increased interactions with the clients, vendors, and other external parties. Third-party claims are also more common and often both bodily injury and property damages ...