L&T General Insurance
This general insurance company is a wholly owned subsidiary of Larsen & Toubro
Ltd., also known as L&T. L&T was ranked the 47th most reputable company of the
world in a survey conducted by the Forbes Reputation Institute in June 2009. L&T
Ltd. is a 9.8 billion USD technology, engineering and construction group. They
were ranked 14th in the "Top 500 Companies in India" survey conducted by the
Economic Times. This company's vision is to be committed and equipped in
finances. They also aim at becoming a 'wholesome' player in areas of business
and providing quality customer services.
|
|
Their main objectives include becoming a state-of-the-art technology that is
driven towards delivering world class service. Larsen & Toubro Co. Ltd. caters
to both general and health insurance throughout the country. They comprise of an
array of professionals who have the right experience and expertise to provide
for the needs of the consumers. Read on to get an idea about the policies and
plans that are offered by L&T General Insurance Co. Ltd.
Products
Motor Insurance
My: asset Private Car Package Policy
Even though motor insurance has been made mandatory by law, the L&T Insurance
provides you with the option of choosing from a wide range of covers. Benefits
include instant policy insurance, claim assistance, cashless settlements and
free renewal. The plan covers private vehicles against fire, explosion,
self-ignition, burglary, theft, landslides, frost, accidents, riots and so on.
My: jeevika Commercial & Miscellaneous Vehicles Package Policy
This scheme not only protects business vehicles under risk, but also ensures
that your work carries on smoothly even after. The three major areas that this
policy covers are: loss of damage to the vehicle (inclusive of natural and
man-made calamities), liability to third parties (arising out of injury or
death) and personal accident cover for the owner.
Corporate Insurance
Standard Fire And Special Perils Policy
The SFSP Insurance is designed to provide protection against loss or damage to
buildings, plant & machinery, electrical installations, instruments and other
accessories. This policy is important for all trade groups, offices, households
and assets in society. Individuals possessing insurable interest in the property
in question - such as banks and financial institutions - appear under this plan.
Machinery Breakdown Insurance
Any unforeseen or accidental damage to machinery is covered by the Machinery
Breakdown Insurance. The owners and lessor/lessee of the machinery can also be
protected under a chargeable premium cover. The sum insured has to be equal to
the cost of replacement of the insured property with new property of the same
type. This includes freight, customs duties and erection costs.
Electronic Equipment Insurance
Any sudden physical loss or damage to electronic equipment and data media caused
by accidents and material destruction is covered under this policy. The owner
and the lessee of the machinery, and joint ownership where financial interest
for more than one party is established, are all insurable. The exact terms and
conditions of this insurance can be acquired by visiting the L&T company
website.
Contractors All Risks Insurance
The Contractors All Risks Insurance covers all civil construction projects
taking place above or below the ground. These comprise of residential buildings,
dams, bridges, runways, drainage facilities and hospitals etc. Even excavation,
structures under renovation and the materials used at the site are protected
under this scheme. Contractors, the owners/purchasers and parties financing the
project are insurable. To avoid problems, a single insurance contract can be
issued for the whole project.
Erection All Risks Insurance
This type of comprehensive insurance provides complete protection against all
types of risks involved in the installation of structures. This ranges from
arrival of the materials till the structure's successful testing. Principal
owners, engineers, architects and financiers can make good use of this policy as
it offers protection against unforeseen accidents that lead to financial losses.
Contractors Plant & Machinery Insurance
L&T provides insurance that is an important all risks policy which takes care of
plant and machinery owned or leased by the contractors. It is normally used on
the various construction sites or in a regular workplace. The All Risk policy
covers sudden and unforeseen physical damage to machinery insured.
My: jeevika Standard Fire and Special Perils Micro Insurance
This package offers cover on loss or damage to buildings, household belongings,
agricultural implements and movable goods against fire and natural perils. It is
designed for dwellings and small businesses in rural areas. The sum insurable is
fixed at a reasonable amount of Rs.30000. The insurance does not provide a cover
against terrorism, burglary, total cessation of work, pollution etc.
Contact Address
L&T General Insurance Co. Ltd.
601-602, Trade Centre,
Bandra Kurla Complex, Bandra (East),
Mumbai - 400051
Phone - 022 - 61230000
Website: www.ltinsurance.com |
|