Property

🏠What is Property Insurance?

Property insurance is a type of general insurance that protects your physical assets—such as buildings, factories, offices, shops, and their contents—against risks like fire, theft, natural disasters, and accidental damage. It ensures that if your property is damaged or destroyed, you don’t suffer a major financial loss.

👉 In simple terms: Property insurance protects what you have built.

📦What covers in Property Insurance

• 🏢Building / Structure Insurance

  Building / Structure Insurance covers the physical structure of a property—walls, roof, floors, and permanent fixtures—against risks like fire, earthquake, flood, or other damages. It does not cover movable items inside (like furniture or electronics), only the structure itself. It ensures the cost of repair or reconstruction is financially protected.

• 📦Contents Insurance

  Contents Insurance covers the items inside your property like furniture, electronics, appliances, and personal belongings. It protects against risks like theft, fire, or damage, and pays for repair or replacement.

  👉 It does not cover the building, only the contents inside.

• 🔥Fire & Allied Perils Cover

  Fire & Allied Perils Cover protects your property against fire and related risks like explosion, lightning, storm, flood, and riots. If damage occurs due to these events, the insurer covers repair or replacement costs.

  👉 It is a core cover in property insurance for major unexpected losses.

• ⚙️Machinery Breakdown Cover

  Machinery Breakdown Cover protects your machines and equipment against sudden mechanical or electrical failures. It covers repair or replacement costs due to breakdown, short circuit, or internal damage.

  👉 Essential for businesses to avoid production loss and financial disruption.

• 💸Loss of Profit / Business Interruption

  Loss of Profit / Business Interruption Insurance covers the loss of income a business suffers due to unexpected disruptions like fire, machinery breakdown, or disasters.

How we can help

We align property programmes with how your buildings and contents are used — from placement and policy reviews to renewals and claims support — within IRDAI-compliant advisory practice.