STANDARD

Product Name laghu

Product Code 1017
Insured name MEESAN LOGISTICS PRIVATE LIMITED
Shed No. 2-B, Survey No. 668, Amarnath
Industrial Logistic, Nr Vadala
Junction, Village Hariyala, Kheda,
Gujarat387570, ., Kheda, Gujarat Pin
387570
122001122001, Gurgaon, Haryana Pin-
Mailing Address 122001
Policy Period 01-APR-23 TO 31-MAR-24
Quote Date 22-Mar-23

BUILDING NO. 8, K-SQUARE MEESAN 255/538 PLOT NO-1, MEESAN PLOT.NO. Address 7 Address 8 Address 9 Address 10
SI Bifurcation
Storage Of Category I HazardousStorage
Goods Of Category
Storage
I Hazardous
Of Category
Storage
GoodsI Hazardous
Of Category
Storage
Goods
I Hazardous
Of Category
Storage
Goods
I Hazardous
Of Category
Goods
I Hazardous
Occupancy
Goods Occupancy Occupancy Occupancy
Building (With Plinth and Foundation)
Plant & Machinery
Furniture, Fixtures and Fittings
Raw Material
Stock in Process
Finished Stocks 34,90,50,282
Other - Contents 0
Total SI 34,90,50,282 0 0 0 0

Rates
Flexa Rate 0.98
Earthquake 0.50
STFI 0.35
Terrorism 0.23
Total rate 2.06

Premium
Flexa Premium 3,42,069 0 0 0 0 0 0 0 0 0
Earthquake Premium 1,74,525 0 0 0 0 0 0 0 0 0
STFI Premium 1,22,168 0 0 0 0 0 0 0 0 0
Terrorism premium 80,282 0 0 0 0 0 0 0 0 0
Total Premium 7,19,044 0 0 0 0 0 0 0 0 0

Premium 7,19,044
floater premium 71,904
total Premium 7,90,948
GST 1,42,371
Premium after Taxes 9,33,319
Addons
Impact Damage of any kind Inbuilt
Underinsurance Waiver - Waived up to 15% Inbuilt
Spontaneous Combustion - Full SI of Stock Inbuilt
Additional, Alteration or extension - 15% of SI of that Item Inbuilt
Temporary Removal of Stocks - 10% of SI Inbuilt
Specific Contents - Money / Specific Contents Deeds/Manuscripts, plans, drawings, securities - 50000 Inbuilt
Specific Contents - Computer programmes, information and data -5 Lakhs Inbuilt
Specific Contents - Personal Properties of Employees, Visitors, Directors - 15,000 / employee(Max 200 employees)Inbuilt
Start Up Expense - Up to 5 lakh Inbuilt
Professional Fees - 5% of claim amount Inbuilt
Removal of Debris - 2% of claim amount Inbuilt
Costs compelled by Municipal Regulations - Actual Cost (Additional cost of reconstruction of property incurred solely for complying with municipal regulations)
Inbuilt
Addon Limit rate premium
EMI Protect 20,00,000.0 0.206 412
Protection and Preservation of Property 25,00,000 0.309 772.50
Electrical Installation Clause 20,00,000 0.309 618
Involuntary Betterment 5 % of SI subject to maximum of INR 20 lac
Claim Preparation Costs 1,74,52,514.10 0.309 5392.82686
Total

Warranties if any

Our share- 40%

Clauses and Conditions
Note : Mention floater clause is applcable
Note : Mention Agreed bank clause if applicable

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