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Magma HDI Bharat Sookshma Udyam Suraksha Policy

Magma HDI Bharat Sookshma Udyam Suraksha Policy (UIN IRDAN149RP0025V01202021): 11 facts from 1 policy document, each linked to its clause

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About Magma HDI Bharat Sookshma Udyam Suraksha Policy

A free IndiaInsurances page on Magma HDI Bharat Sookshma Udyam Suraksha Policy from Magma General Insurance (Shop and business, UIN IRDAN149RP0025V01202021, approved 30 Mar 2021). Magma HDI Bharat Sookshma Udyam Suraksha Policy covers business insured property at locations where total value at risk at one location does not exceed ₹ 5 Crore. It covers physical loss or damage from listed insured events and has ₹ 5,000 excess for each claim, with underinsurance waived up to 15%. The page lists 11 facts read from 1 policy document, each linked to the clause it comes from, for example deductible or excess: ₹ 5,000 for each claim; terrorism risk excess as per attached. It also shows how to claim or complain on this policy and links the official grievance routes. IndiaInsurances is a free, independent site that reads Indian insurance policies clause by clause: waiting periods, co-pay, exclusions and claims, each quoted from the policy documents. It sells no insurance and earns no commission. Listed by the IndiaInsurances team.

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