Retail Insurance

Private car insurance policy

This policy covers all types of vehicles plying on public roads.

Highlights

This policy covers all types of vehicles plying on public roads such as:-

Scooters & Motorcycles
Private cars
All types of commercial vehicles
Motor Trade (vehicles in show rooms and garages)

As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.

Two types of covers are available:

Liability only policy. This covers third party liability for bodily injury liability and / or death and property damage. Personal Accident cover for Owner-driver is also included.
Package policy. This cover loss or damage to the vehicle insured in addition to (1) above.

No- claim discounts are available on renewal of policy, ranging from 20% to 50%, depending upon the type of vehicle and the number of years for which no claim has been made.

Scope

Liability Only policies:

The policy covers the vehicle owner's legal liability to pay compensation for:

Death or bodily injury to a third party person.
Damage to third party property.

Liability is covered for an unlimited amount in respect of death or injury and damage to third party property for Rs.7.5 lacs under Commercial vehicle and private and Rs. 1 lakh for Scooters / Motor Cycles.

Package Policy

In addition to the coverage under liability only, this policy covers loss or damage to the insured vehicle and its accessories due to:

Fire, explosion, self-ignition or lightning.
Riot and Strike.
Malicious Act.
Terrorist Act.
Earthquake (Fire and Shock) Damage.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm.
Accidental external means.
Whilst in transit by road, inland waterway, lift, elevator or air.
By landslide/Rockslide.

The important exclusions under the policies are:

Wear and tear, breakdowns
Consequential loss
Loss when driving with invalid driving license or under the influence of alcohol.
Loss due to war, civil war, etc.
Claims arising out of contractual liability.
Use of vehicle otherwise than in accordance with `limitations as to use ' (e.g. private car being used as a taxi) Rating factors.

Rating depends upon the following factors:

IDV.
Cubic capacity
Geographical zone
Age of the vehicle
GVW of in case of commercial vehicles
Add on Covers

Add-on covers

The policy can be extended to cover the following risks on payment of additional premium:

Loss or damage to accessories fitted in the vehicle such as stereos, fans, air-conditioners etc
Personal accident cover under private car policies for:
passengers
paid driver
Legal liability to employees.
Legal liability to non-fare paying passengers in commercial vehicles.

Who can take the policy?

Any vehicle owner whose vehicle is registered in his/her name with the Regional Transport Authority in India.

How to select the sum insured?

The sum insured of a vehicle in a Motor Policy is referred to as the I.D.V., which stands for Insured's declared Value. In case of theft of vehicle or if the vehicle is totally damaged and beyond repairs in an accident, the claim amount payable will be determined on the basis of the IDV. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance / renewal and adjusted for depreciation as per schedule. IDV of vehicle which is beyond 5 years of age and of obsolete models of the vehicles (i.e. models which the manufacturers have discontinued to manufacture) is to be determined on the basis of an understanding between insurer and insured.

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (insurance@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

Documents requirements?

Claim Form duly filled in to be submitted along with copy of Registration Certificate and driving license of the driver of the vehicle at the time of accident as also estimate of repairs.
Vehicle will be surveyed by a Surveyor, appointed by the insurance company, who shall submit his report to the company. In case of a major damage to the vehicle, a spot survey, at the site of accident, would also be arranged by the company.
Final bills/cash memos are to be submitted duly signed by the insured.
Salvage of the damaged parts may be required to be deposited with the insurance company after approval of the claim.

In case of theft of the vehicle:

Lodge an F.I.R. with the police immediately.
Inform the policy issuing office with a copy of FIR.
Submit the Final Police Report as soon as it is received.
Extend full cooperation to the surveyor and/or investigator appointed by the company.
After approval of the claim by the company, get the Registration Certificate transferred in the name of the company, hand over the keys of the vehicle, submit a letter of Subrogation and Indemnity on stamp paper duly notarized.

In case of liability claim:

Inform insurance company immediately of any incident likely to give rise to liability claim.
On receipt of summons from Court, the same should be sent to the company immediately.
Claim Form duly filled in along-with copies of Registration Certificate, Diving License, FIR are to be submitted.

Goods carrying vehicle insurance policy

This policy covers all types of vehicles plying on public roads.

Highlights

This policy covers all types of vehicles plying on public roads such as:-

Scooters & Motorcycles
Private cars
All types of commercial vehicles
Motor Trade (vehicles in show rooms and garages)

As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.

Two types of covers are available:

Liability only policy. This covers third party liability for bodily injury liability and / or death and property damage. Personal Accident cover for Owner-driver is also included.
Package policy. This cover loss or damage to the vehicle insured in addition to (1) above.

No- claim discounts are available on renewal of policy, ranging from 20% to 50%, depending upon the type of vehicle and the number of years for which no claim has been made.

Scope

Liability Only policies:

The policy covers the vehicle owner's legal liability to pay compensation for:

Death or bodily injury to a third party person.
Damage to third party property.

Liability is covered for an unlimited amount in respect of death or injury and damage to third party property for Rs.7.5 lacs under Commercial vehicle and private and Rs. 1 lakh for Scooters / Motor Cycles.

Package Policy

In addition to the coverage under liability only, this policy covers loss or damage to the insured vehicle and its accessories due to:

Fire, explosion, self-ignition or lightning.
Riot and Strike.
Malicious Act.
Terrorist Act.
Earthquake (Fire and Shock) Damage.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm.
Accidental external means.
Whilst in transit by road, inland waterway, lift, elevator or air.
By landslide/Rockslide.

The important exclusions under the policies are:

Wear and tear, breakdowns
Consequential loss
Loss when driving with invalid driving license or under the influence of alcohol.
Loss due to war, civil war, etc.
Claims arising out of contractual liability.
Use of vehicle otherwise than in accordance with `limitations as to use ' (e.g. private car being used as a taxi) Rating factors.

Rating depends upon the following factors:

IDV.
Cubic capacity
Geographical zone
Age of the vehicle
GVW of in case of commercial vehicles
Add on Covers

Add-on covers

The policy can be extended to cover the following risks on payment of additional premium:

Loss or damage to accessories fitted in the vehicle such as stereos, fans, air-conditioners etc
Personal accident cover under private car policies for:
passengers
paid driver
Legal liability to employees.
Legal liability to non-fare paying passengers in commercial vehicles.

Who can take the policy?

Any vehicle owner whose vehicle is registered in his/her name with the Regional Transport Authority in India.

How to select the sum insured?

The sum insured of a vehicle in a Motor Policy is referred to as the I.D.V., which stands for Insured's declared Value. In case of theft of vehicle or if the vehicle is totally damaged and beyond repairs in an accident, the claim amount payable will be determined on the basis of the IDV. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance / renewal and adjusted for depreciation as per schedule. IDV of vehicle which is beyond 5 years of age and of obsolete models of the vehicles (i.e. models which the manufacturers have discontinued to manufacture) is to be determined on the basis of an understanding between insurer and insured.

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (insurance@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

Documents requirements?

Claim Form duly filled in to be submitted along with copy of Registration Certificate and driving license of the driver of the vehicle at the time of accident as also estimate of repairs.
Vehicle will be surveyed by a Surveyor, appointed by the insurance company, who shall submit his report to the company. In case of a major damage to the vehicle, a spot survey, at the site of accident, would also be arranged by the company.
Final bills/cash memos are to be submitted duly signed by the insured.
Salvage of the damaged parts may be required to be deposited with the insurance company after approval of the claim.

In case of theft of the vehicle:

Lodge an F.I.R. with the police immediately.
Inform the policy issuing office with a copy of FIR.
Submit the Final Police Report as soon as it is received.
Extend full cooperation to the surveyor and/or investigator appointed by the company.
After approval of the claim by the company, get the Registration Certificate transferred in the name of the company, hand over the keys of the vehicle, submit a letter of Subrogation and Indemnity on stamp paper duly notarized.

In case of liability claim:

Inform insurance company immediately of any incident likely to give rise to liability claim.
On receipt of summons from Court, the same should be sent to the company immediately.
Claim Form duly filled in along-with copies of Registration Certificate, Diving License, FIR are to be submitted.

Passenger carrying vehicle insurance policy

This policy covers all types of vehicles plying on public roads.

Highlights

This policy covers all types of vehicles plying on public roads such as:-

Scooters & Motorcycles
Private cars
All types of commercial vehicles
Motor Trade (vehicles in show rooms and garages)

As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.

Two types of covers are available:

Liability only policy. This covers third party liability for bodily injury liability and / or death and property damage. Personal Accident cover for Owner-driver is also included.
Package policy. This cover loss or damage to the vehicle insured in addition to (1) above.

No- claim discounts are available on renewal of policy, ranging from 20% to 50%, depending upon the type of vehicle and the number of years for which no claim has been made.

Scope

Liability Only policies:

The policy covers the vehicle owner's legal liability to pay compensation for:

Death or bodily injury to a third party person.
Damage to third party property.

Liability is covered for an unlimited amount in respect of death or injury and damage to third party property for Rs.7.5 lacs under Commercial vehicle and private and Rs. 1 lakh for Scooters / Motor Cycles.

Package Policy

In addition to the coverage under liability only, this policy covers loss or damage to the insured vehicle and its accessories due to:

Fire, explosion, self-ignition or lightning.
Riot and Strike.
Malicious Act.
Terrorist Act.
Earthquake (Fire and Shock) Damage.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm.
Accidental external means.
Whilst in transit by road, inland waterway, lift, elevator or air.
By landslide/Rockslide.

The important exclusions under the policies are:

Wear and tear, breakdowns
Consequential loss
Loss when driving with invalid driving license or under the influence of alcohol.
Loss due to war, civil war, etc.
Claims arising out of contractual liability.
Use of vehicle otherwise than in accordance with `limitations as to use ' (e.g. private car being used as a taxi) Rating factors.

Rating depends upon the following factors:

IDV.
Cubic capacity
Geographical zone
Age of the vehicle
GVW of in case of commercial vehicles
Add on Covers

Add-on covers

The policy can be extended to cover the following risks on payment of additional premium:

Loss or damage to accessories fitted in the vehicle such as stereos, fans, air-conditioners etc
Personal accident cover under private car policies for:
passengers
paid driver
Legal liability to employees.
Legal liability to non-fare paying passengers in commercial vehicles.

Who can take the policy?

Any vehicle owner whose vehicle is registered in his/her name with the Regional Transport Authority in India.

How to select the sum insured?

The sum insured of a vehicle in a Motor Policy is referred to as the I.D.V., which stands for Insured's declared Value. In case of theft of vehicle or if the vehicle is totally damaged and beyond repairs in an accident, the claim amount payable will be determined on the basis of the IDV. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance / renewal and adjusted for depreciation as per schedule. IDV of vehicle which is beyond 5 years of age and of obsolete models of the vehicles (i.e. models which the manufacturers have discontinued to manufacture) is to be determined on the basis of an understanding between insurer and insured.

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (insurance@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

Documents requirements?

Claim Form duly filled in to be submitted along with copy of Registration Certificate and driving license of the driver of the vehicle at the time of accident as also estimate of repairs.
Vehicle will be surveyed by a Surveyor, appointed by the insurance company, who shall submit his report to the company. In case of a major damage to the vehicle, a spot survey, at the site of accident, would also be arranged by the company.
Final bills/cash memos are to be submitted duly signed by the insured.
Salvage of the damaged parts may be required to be deposited with the insurance company after approval of the claim.

In case of theft of the vehicle:

Lodge an F.I.R. with the police immediately.
Inform the policy issuing office with a copy of FIR.
Submit the Final Police Report as soon as it is received.
Extend full cooperation to the surveyor and/or investigator appointed by the company.
After approval of the claim by the company, get the Registration Certificate transferred in the name of the company, hand over the keys of the vehicle, submit a letter of Subrogation and Indemnity on stamp paper duly notarized.

In case of liability claim:

Inform insurance company immediately of any incident likely to give rise to liability claim.
On receipt of summons from Court, the same should be sent to the company immediately.
Claim Form duly filled in along-with copies of Registration Certificate, Diving License, FIR are to be submitted.

Motor Trade insurance policy

This policy covers all types of vehicles plying on public roads.

Highlights

This policy covers all types of vehicles plying on public roads such as:-

Scooters & Motorcycles
Private cars
All types of commercial vehicles
Motor Trade (vehicles in show rooms and garages)

As per the Motor Vehicles Act, 1988 it is mandatory for every owner of a vehicle plying on public roads, to take an insurance policy, to cover the amount, which the owner becomes legally liable to pay as damages to third parties as a result of accidental death, bodily injury or damage to property. A Certificate of Insurance must be carried in the vehicle as a proof of such insurance.

Two types of covers are available:

Liability only policy. This covers third party liability for bodily injury liability and / or death and property damage. Personal Accident cover for Owner-driver is also included.
Package policy. This cover loss or damage to the vehicle insured in addition to (1) above.

No- claim discounts are available on renewal of policy, ranging from 20% to 50%, depending upon the type of vehicle and the number of years for which no claim has been made.

Scope

Liability Only policies:

The policy covers the vehicle owner's legal liability to pay compensation for:

Death or bodily injury to a third party person.
Damage to third party property.

Liability is covered for an unlimited amount in respect of death or injury and damage to third party property for Rs.7.5 lacs under Commercial vehicle and private and Rs. 1 lakh for Scooters / Motor Cycles.

Package Policy

In addition to the coverage under liability only, this policy covers loss or damage to the insured vehicle and its accessories due to:

Fire, explosion, self-ignition or lightning.
Riot and Strike.
Malicious Act.
Terrorist Act.
Earthquake (Fire and Shock) Damage.
Flood, Typhoon, Hurricane, Storm, Tempest, Inundation, Cyclone and Hailstorm.
Accidental external means.
Whilst in transit by road, inland waterway, lift, elevator or air.
By landslide/Rockslide.

The important exclusions under the policies are:

Wear and tear, breakdowns
Consequential loss
Loss when driving with invalid driving license or under the influence of alcohol.
Loss due to war, civil war, etc.
Claims arising out of contractual liability.
Use of vehicle otherwise than in accordance with `limitations as to use ' (e.g. private car being used as a taxi) Rating factors.

Rating depends upon the following factors:

IDV.
Cubic capacity
Geographical zone
Age of the vehicle
GVW of in case of commercial vehicles
Add on Covers

Add-on covers

The policy can be extended to cover the following risks on payment of additional premium:

Loss or damage to accessories fitted in the vehicle such as stereos, fans, air-conditioners etc
Personal accident cover under private car policies for:
passengers
paid driver
Legal liability to employees.
Legal liability to non-fare paying passengers in commercial vehicles.

Who can take the policy?

Any vehicle owner whose vehicle is registered in his/her name with the Regional Transport Authority in India.

How to select the sum insured?

The sum insured of a vehicle in a Motor Policy is referred to as the I.D.V., which stands for Insured's declared Value. In case of theft of vehicle or if the vehicle is totally damaged and beyond repairs in an accident, the claim amount payable will be determined on the basis of the IDV. The IDV of the vehicle is to be fixed on the basis of manufacturer's listed selling price of the brand and model of the vehicle proposed for insurance at the commencement of insurance / renewal and adjusted for depreciation as per schedule. IDV of vehicle which is beyond 5 years of age and of obsolete models of the vehicles (i.e. models which the manufacturers have discontinued to manufacture) is to be determined on the basis of an understanding between insurer and insured.

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (insurance@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

Documents requirements?

Claim Form duly filled in to be submitted along with copy of Registration Certificate and driving license of the driver of the vehicle at the time of accident as also estimate of repairs.
Vehicle will be surveyed by a Surveyor, appointed by the insurance company, who shall submit his report to the company. In case of a major damage to the vehicle, a spot survey, at the site of accident, would also be arranged by the company.
Final bills/cash memos are to be submitted duly signed by the insured.
Salvage of the damaged parts may be required to be deposited with the insurance company after approval of the claim.

In case of theft of the vehicle:

Lodge an F.I.R. with the police immediately.
Inform the policy issuing office with a copy of FIR.
Submit the Final Police Report as soon as it is received.
Extend full cooperation to the surveyor and/or investigator appointed by the company.
After approval of the claim by the company, get the Registration Certificate transferred in the name of the company, hand over the keys of the vehicle, submit a letter of Subrogation and Indemnity on stamp paper duly notarized.

In case of liability claim:

Inform insurance company immediately of any incident likely to give rise to liability claim.
On receipt of summons from Court, the same should be sent to the company immediately.
Claim Form duly filled in along-with copies of Registration Certificate, Diving License, FIR are to be submitted.

Householder's package policy

Why House Insurance

There is no place like home in the entire world. After a tiring day at work, a home is your haven of peace that gives shelter, comfort and warmth. A place where you and your family can rejoice, unwind and make thousands of memories that last for a long time.

Buying your dream house was probably the biggest financial investment you ever made. And then came in the responsibility to protect it from unpredictable damages, natural or manmade disasters and potential threats like burglary and theft. By investing in a home insurance policy, you actually buy immense peace, assurance and safety against these unexpected events. With a good home insurance you are completely equipped to face any crisis or storm that comes your way.

The home insurance plan not only safeguards the structure of your home but also ensures a safety net for all the belongings and prized possessions collected over the years with your hard earned money. The policy cover gives you a chance to choose either the house structure or the household contents in a single policy with minimum documentation.

To make home insurance easily accessible, we have an instant online policy option that helps you buy home insurance policy online with minimum hassles and worries.

Key highlights of the Policy

Home insurance that provides safety and protection to your valuable property and possessions

A home insurance policy that protects not just your home structure but the household contents too. Insurer has to mandatorily choose the fire cover whereas Burglary is an optional cover that is offered at a low cost that includes theft and Larceny

Sum Insured is decided based on reinstatement value

More discounts on premium can be availed by the insurer on deletion of risks like riots/ strikes, flood/storm and earthquake

The covers provided are:-

Section I(a) Fire and Special Perils -Building (mandatory section)
Section I(b) Fire and Special Perils -Contents (mandatory section if Burglary is opted)
Section II Burglary including theft and Larceny –Contents

Key features of Home Insurance

Applicable to any residential building with RCC/ RBC/ Tiles/ACC roof and walls of burnt brick /stone /concrete
Covers building against risks like –Fire, Lightning, Explosion / Implosion, Storm, Flood, Riots, Strike Malicious Damage, Earthquake, Terrorism (optional)
An individual with an independent house or a flat can opt for this benefit
Sum Insured for this benefit is calculated as cost of construction x Built up area
Value of land is not included in the Sum Insured
Discounts can be availed on deletion of risks like terrorism, riots/ strikes, flood/storm and earthquake
Covers articles like consumer durable, furniture, personal belongings specified items etc against fire & allied perils
Coverage for contents against risks like fire, lightning, explosion/implosion, storm, flood, riots strike and malicious damage, Earthquake , Terrorism(optional)
Sum insured for personal effects like clothing, footwear etc is calculated on market value
Further Discounts can be availed on deletion of risks like riots/ strikes, flood/storm and earthquake
Covers articles like valuables, consumer durable, personal belongings specified items etc against burglary and theft
Sum insured for this cover has to be similar to the fire content section (I b)
Discounts up to 15 % are given on appropriate security arrangements like Burglary alarm, 24 hour security, intercom, etc
Damage to safe and almirah is covered upto 5 % of the sum insured
Only jewellery locked in a safe is covered.

What is not covered - Home Insurance Exclusion Policy

Loss or damage caused by depreciation or wear and tear and consequential loss of any kind
Willful destruction of property
Following properties not covered:

Property under construction

Kutcha property / construction

Resident cum offices

Resident cum shop

Resident cum godown

Land

Loss, destruction or damage caused by war, invasion, act of foreign enemy, hostilities or war like operations (whether war be declared or not), civil war, mutiny, civil commotion assuming the proportions of or amounting to a popular rising, military rising, rebellion, revolution, insurrection or military or usurped power
Loss or damage contributed by nuclear weapons material and/or ionizing radiations
Loss, destruction or damage to articles of consumable nature, livestock and motor vehicles
Loss, destruction or damage to any electrical machine, apparatus, fixture, or fitting arising from or occasioned by over-running, excessive pressure, short circuiting, arcing, self heating or leakage of electricity from whatever cause (lightning included) provided that this exclusion shall apply only to the particular electrical machine, apparatus, fixture or fitting so affected and not to other machines, apparatus, fixtures or fittings which may be destroyed or damaged by fire so set up
Loss of earnings, or other consequential/indirect loss or damage of any kind or description whatsoever
Loss caused by burglary and/or housebreaking and/or theft and/or larceny where any member of the Insured’s family is concerned as principal or accessory
To securities, documents of any kind, stamps, coins, cash/paper money, deeds, ATM cards, credit cards, charge cards, bonds, bills of exchange, promissory notes, or any other negotiable instrument, books of accounts or any other business books, and explosives
To articles of consumable nature, livestock and motor vehicles
To curios, antiques, pictures and other works of art, guns, collection of stamps, coins and medals for an amount collectively in excess of Rs. 10,000 unless specifically stated to the contrary in the Schedule
To jewellery and valuables in excess of Rs. 10,000 per single article unless stated to the contrary in the Schedule

Eligibility Criteria

The policy is designed for:

Individuals residing in flats or independent houses provided that the external walls are of burnt bricks / stone / concrete blocks and RCC / RBC / Tiles / ACC roof
Home owners and tenants can opt only for the contents cover for fire as well as burglary.

Claim Process

The company follows a set standard for fair, just and timely settlement of insurance claims
On claim registration, a surveyor would be appointed to estimate the loss/ damage, depending on the type of loss viz. Fire/Burglary etc.
All claims registered with ZOOM shall be settled in 15 working days from the date of receiving complete documentation.

Shopkeeper's package policy

This is a package policy specially designed for small shopkeepers/offices/Industries. It is a single policy combining the various insurance requirements.

Highlights

This is a package policy specially designed for small shopkeepers. It is a single policy combining the various insurance requirements of shopkeepers. Discount in premium is available if a minimum number of four sections is selected including Section I (b). Only one policy can be taken by one shopkeeper for each shop in a specific location having separate books of accounts.

Scope

The policy comprises of following 11 sections :

Section I - Building & Contents

Covers shop building and/or contents therein against loss or damage caused by Fire & Allied perils i.e.

Fire, lightning, explosion of gas in domestic appliances
Bursting and overflowing of water tanks, apparatus or pipes.
Aircraft or articles dropped therefrom
Riot, strike, malicious damage, terrorist act
Earthquake-Fire and/or shock, subsidence and landslide (including rockslide)
Flood, Inundation, Storm, Tempest, Typhoon, Hurricane, Tornado or Cyclone.
Impact damage by rail/road vehicle not belonging to the insured

Section II - Burglary & Housebreaking

Covers contents of insured shop premises(excluding money and valuables) against loss or damage by burglary and/or housebreaking.

Section III - Money Insurance

Covers loss of money in transit, loss of money/valuables whilst contained in a locked safe, loss of money contained in cashier's till and/or counter by burglary/housebreaking

Section IV - Pedal - Cycles

Covers loss/damage to pedal cycles belonging to insured by:

Fire, lightning or external explosion.
Riot, strike, malicious or terrorist act.
Burglary and/or Housebreaking or theft
Accidental external means
Flood, cyclone, storm, tempest, and other similar convulsions of nature and atmospheric disturbance
Earthquake Fire and shock

This section also covers legal liability of insured for death/injury to third parties or damage to their property arising out of use of the insured pedal cycles.

Section V - Plate Glass

Covers loss of or damage to fixed plate glass in insured's shop by accidental means

Section VI - Neon Sign/Glow Sign

Covers loss of or damage to neon sign/ glow sign by :

Accidental external means.
Fire, lightning or external explosion or theft.
Riot, strike, malicious or terrorist act
Flood, inundation, storm, tempest, typhoon, hurricane, tornado, cyclone.

Section VII - Baggage

Covers loss or damage to accompanied personal baggage of insured or baggage in connection with his trade, whilst anywhere in India, by accident or misfortune.

Section VIII - Personal Accident

Covers insured and spouse and/or his children, named in the schedule and aged between 5&70 years, against bodily injury caused solely and directly by accident and resulting in death or permanent total or partial disablement or temporary total disablement within 12 calendar months of such inju

Section IX - Fidelity Guarantee

Covers direct pecuniary loss suffered by the insured due to fraud or dishonesty committed by any of insured's salaried employees.

Section X - Public Liability

Covers

Legal liability in respect of accidental death or bodily injury to a third party or accidental damage to their property during performance of any act in connection with insured's business.
Compensation to insured's employees under Workmen's Compensation Act or Common Law.

Section XI - Loss of Profit

Covers loss of profit due to interruption of business consequent upon loss or damage sustained by property insured under Section I of the policy due to insured perils

It is necessary to opt for a minimum of 4 sections for this policy to be issued of which Sections I&II are compulsory.

Who can take the policy?

Two amounts are specified in the policy:

Limits of liability for any one loss (i.e. maximum liability of the Company)
Estimated amount in transit during the year for the purpose of premium computation.

How to select the sum insured?

The shop building should be insured on market value basis i.e.depreciated value basis.The contents should be insured on cost price basis. The sum insured for contents under Section I&II should be identical. The sum insured under Sections III,V,VI,VII,IX,X&XI is limited to specified percentage of the sum insured for contents.

How to claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (info@zoominsurancebrokers.com)so that a Competent Surveyor may be deputed to minimize the loss.

Individual helath insurance policy

Family Floater Mediclaim Policy covers the family members with one sum insured. All the terms and conditions of Individual Mediclaim Policy will be applicable for Family Floater Mediclaim Policy.

Who can take the policy?

This insurance is available to persons between the age of 18 years to 60 years. The persons beyond 60 years can continue their insurance provided they are insured under Mediclaim policy with our Company without any break.

FLOATER BENEFIT means the Sum Insured as specified for the proposer under the policy, is available for any or all the members of his /her family for one or more claims during the tenure of the policy.
The Family Floater Mediclaim Policy can be issued to the persons up to 60 years of age covering the following family members:

Self

Spouse

Dependent children? Maximum two

Parents/Parents-in law/ brothers and sisters are not covered under Family Floater Mediclaim Policy even if they are residing with the proposer.
Sum Insured: Minimum Sum Insured is Rs. 2 lacs and Maximum Sum Insured is Rs 5 lacs.
Premium: Premium is as per Individual Mediclaim Policy (2007). The basic premium will be as per highest age of the family member. Apply 50% loading for covering spouse, and 25% loading for covering each and every additional dependent child.

Group Medical Insurance

The policy covers hospitalization expenses for the treatment of illness/injury provided hospitalization is more than 24 hours. Pre-hospitalization expenses for 30 days and post hospitalization expenses for 60 days are also payable. Day-care treatment - The Medical expense towards specific technologically advanced day-care treatments / surgeries where 24 hour hospitalization is not required. Ambulance Charges for shifting the insured from residence to hospital are covered up to the limits specified in the policy. Ayurvedic/Homeopathic and Unani system of medicine are covered to the extent of 25% of Sum Insured provided the treatment is taken in the Registered Hospital. Pre-existing diseases are covered only after 4 continuous and claim free renewals with our Company. Pre-existing conditions like Hypertension, Diabetes, and their complications are covered after two years of continuous insurance on payment of additional premium.

Exclusions

Diseases contracted within 30 days of insurance.
Dental treatment except arising out of accident.
Debility and General Run Down Conditions.
Sexually transmitted diseases and HIV (AIDS).
Circumcision, Cosmetic surgery, Plastic surgery unless required to treat injury or illness.
Vaccination and Inoculation.
Pregnancy and child birth.
War, Act of foreign enemy, ionizing radiation and nuclear weapon.
Treatment outside India.
Naturopathy.
Domiciliary Treatment.
Experimental or unproven treatment.
All external equipments such as contact lenses, cochlear implants etc.

Premium

Premium is based on age of the proposer and geographical area of treatment.

Special Features of the Policy

Loyalty Discount.
Good Health Discount.
Income Tax Benefit under Section 80D of IT Act.

How to Avail Claim?

If a misfortune befalls, leave the worry to us but please intimate such loss/damage immediately to Zoom Insurance Brokers (info@zoominsurancebrokers.com) so that a Competent Surveyor may be deputed to minimize the loss. Claims are administered through Third Party Administrators (TPA) whose contact particulars appear on the policy document. Insured can opt for cashless or reimbursement facility for their claims. For more details please contact our nearest Office.