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Building Insurance: Secure Your Business Premises

Comprehensive coverage for SMEs to protect commercial properties from fire, natural disasters, theft, and structural damage, ensuring business continuity.

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What Is Building Insurance?

Building Insurance is a specialized SME insurance plan designed to protect commercial properties such as offices, shops, or warehouses from risks like fire, floods, earthquakes, theft, and structural damage. It ensures your business premises remain secure, supporting operational stability.

Commercial building

Why You Need Building Insurance?

Fire Protection

Covers damage from fire or explosions.

Natural Disasters

Protects against floods, earthquakes, etc.

Theft Coverage

Covers losses due to theft or vandalism.

Structural Damage

Covers repairs for structural issues.

Peace of Mind

Safeguard your business operations.

What Is Covered / Not Covered

Covered

  • Fire and Explosion Damage
  • Natural Disasters (Floods, Earthquakes)
  • Theft and Vandalism
  • Structural Repairs
  • Loss of Rent (Optional)

Not Covered

  • Wear and Tear
  • Intentional Damage
  • Uninsured Perils (e.g., War)
  • Non-Compliance with Building Codes
  • Vacant Property (Unless Specified)

Types of Coverage Available

Fire Coverage

Protects against fire and explosion damage.

Natural Disaster Coverage

Covers floods, earthquakes, and storms.

Theft and Vandalism

Covers losses from theft or vandalism.

Structural Damage

Covers repairs for building damage.

Loss of Rent

Compensates for lost rental income.

Liability Coverage

Covers third-party claims for property damage.

Who Can Buy This Insurance?

Retail Businesses

Shops and showrooms owners.

Manufacturing Units

Factories and production facilities.

Warehouse Owners

Businesses with storage facilities.

Office Owners

SMEs with commercial office spaces.

Restaurants & Cafes

Food businesses with physical premises.

Property Landlords

SMEs leasing commercial properties.

How to Buy / Apply

Step 1: Share Details

Provide property and business details.

Step 2: Select Plan

Choose coverage for your property.

Step 3: Get Quote

Compare plans and finalize policy.

Step 4: Pay & Receive

Pay online and get policy instantly.

Claim Process

Step 1: Notify Insurer

Inform us about the property damage.

Step 2: Submit Documents

Provide damage reports and proofs.

Step 3: Claim Review

Claim assessed by our expert team.

Step 4: Claim Payout

Receive approved claim amount.

Frequently Asked Questions

Is Building Insurance mandatory?

No, but it’s often required by lenders or lease agreements for commercial properties.

Does it cover contents inside the building?

Content coverage can be included as an optional add-on to the policy.

Does it cover natural disasters?

Yes, it covers natural disasters like floods and earthquakes, unless specified otherwise.

Can I insure leased properties?

Yes, leased properties can be insured with the landlord’s consent.

What’s the minimum premium?

Premiums vary based on property value, location, and coverage. Get a quote for exact pricing.

Contact & Support

Customer Care

Call us at: +91 8827275975

Email Support

Reach us at: support@apsinsurancevia.com

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