Reliance General Insurance Company Ltd

Quote for Reliance Bharat Laghu Udyam Surksha

VOL 08 - 163812072021 - R1
Insured Name MAD HOTELS P LTD
Correspondence address MAD HOTELS P LTD 55,DR E MOSES ROAD,WORLI NAKA,MUMBAI400018,MAHARASHTRA OCCUPANCY CODE CML1

MAD HOTELS P LTD 55,DR E MOSES ROAD,WORLI

Risk location to be insured NAKA,MUMBAI400018,MAHARASHTRA Pin Code: 400018

Occupancy Detail Cafes, Restaurants, Hotels, Confectioner and Sweet meat sellers, Health Resorts
Policy Period From: 27-11-2021 To: 26-11-2022
RGICL Share % 100% IMD CODE TBA SM CODE TBA
Remark FIRE Ok Under Writer Remark Approved T112621104720
Remark Burglary Ok Under Writer Remark Ticket No
Inspection Remark NO INSPECTION REQUIRED
Sum Insured Details (In INR)
Fire Sum Insured Burglary Sum Insured
Description for Property
(INR) (INR)
Building including plinth, Basement and additional structures 20,00,00,000 -
Plant & Machinery - -
Furniture & Fixtures, Fittings and other equipment - -
Raw material - -
Stocks in Process - -
Finished Goods / Total Stock if Breakup not available - -
Other Contents - -
Total Sum Insured 20,00,00,000 -
Premium Details: FIRE Amount (INR)
Net Fire Premium 5
STFI Premium 30,000
Earthquake Premium 20,000
Terrorism Premium 30,000
Total Net Premium 80,005
Add: GST @ 18% 14,401
Total FIRE Premium Payable 94,406
Premium Details: BURGLARY Amount (INR)
Net Premium -
Add: GST @ 18% -
Total BRUGLARY Premium Payable -
Clauses and Warranties: Fire
Excess:
For Perils excluding terrorism - Flat 10000/- in each & every claim
For Terrorism - As per Terrorism Pool

Reinstatement Value Clause Excluding Stocks

Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation stands covered
Earthquake Fire & Shock Clause
Terrorism Cover damage clause
Class of construction warranty clause
Communicable Disease Exclusion Clause
Warranted that fire extinguisher are placed and maintained in the premises and always in working condition

Risk Information
*For complete coverage detail please refer to Reliance Bharat Laghu Udyam Surksha policy wording
Burglary is Covered YES Floater is covered NO
RSMD addon Covered YES Theft addon Covered YES
Excess Applicable 5% of the Claim amount subject to minimum of Rs 5000 /- in each claim
Type of Security 24 HR Common Security
Burglary First Loss Basis (%) 100.00% FLB Sum Insured (INR): -
Risk Parameters Risk Information 1.000
Construction details Pucca
Claims exp. in last 3 years Nil
Basement storage No basement
Inspection Remark
NO INSPECTION REQUIRED

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