What is Stock Floater Insurance?
This policy provides cover for stock against loss or damage by fire, allied perils and theft whilst stored in the insured’s own or leased premises.
- Fire and special perils
- Theft
- Transit risks
- Accidental damage
This policy covers loss or damage due to:
Step 1: Get a quotation
Step 2: Fill proposal form
Step 3: Provide commercial invoice of items
Step 4: Premium payments
Step 5: Provide ID for individual and RDB certificate for the company.
Step 6: Sign a contract
Below is our step by step application process:
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- Loss or damage due to wear and tear or deterioration not arising from the consequences of the fire accidental damage
- Any consequential or indirect loss including loss of market
- Any loss or damage directly or indirectly in connection with invasion or the act of foreign enemy hostilities
- Loss of or damage to deeds, bonds, bills of exchange, promissory notes, money securities for money stamps, or title deeds
- Loss or damage by theft or any attempt thereat with the connivance of the insured, any employee or sub-contractor