Fire Insurance for Unexpected Business Risks
Stay prepared for emergencies. Buy Fire Insurance now with TATA AIG
Fire Insurance
Fire insurance covers loss or damage to your business property caused by fire. It is also designed to cover losses due to natural disasters like floods and storms, and man-made events. You can protect your business assets, including buildings, machinery, furniture, and stock. It helps you cover the repair or replacement expenses.
From grocery shops and boutiques to hotels and textile businesses, a fire insurance policy helps protect all types of businesses. With TATA AIG, you get personalised assistance to make well-informed decisions and ensure reliable protection for your business.
Did You Know? In December 2025, a massive fire at a cotton ginning mill in Adoni, Andhra Pradesh, destroyed around ₹10 crore worth of cotton stocks and raw materials.
ire Insurance at a Glance: Quick Summary
- Fire insurance meaning - Insurance coverage for business property against fire and related risks.
- Importance of fire insurance - Fire-related incidents remain high in India, and loss or damage can lead to extensive financial losses. Business continuity during recovery may be essential.
- Key features of fire insurance - Choice of two policy options, Flexible features, coverage beyond fire-related risks, and optional add-ons to enhance coverage.
- Key factors to consider - Total value of insured properties and fire insurance policy inclusions and exclusions.
- Factors that affect fire insurance premiums - Nature of business, risk profile, risk location, type of policy and add-on chosen.
Why Do You Need Fire Insurance in India?
Because the Risk of Fire Damage is High
According to the Accidental Deaths and Suicides in India (ADSI) data, the number of fire accidents remains significantly high. India recorded 7,566 fire accidents in 2022 and 7,054 accidents in 2023.
To Protect your Business Financially
A fire breakout can lead to severe financial losses for businesses. With a fire insurance policy, you can cover these losses and other related expenses, such as the cost of clearing debris.
For Wider Protection
Fire insurance also covers risks like damage caused by natural calamities, riots and theft. It can also be customised with add-ons for specific risks, such as stocks in cold storage and contract works.
To Ensure Business Continuity
Fires can cause temporary shutdowns and disrupt business operations. With fire insurance, you can recover from these losses and resume operations sooner.
For Building Trust and Credibility
When you invest in a fire policy, it reflects a commitment to risk management. Customers, partners, and stakeholders can feel reassured knowing the business is prepared for unforeseen situations.
Key Features and Benefits of TATA AIG Fire Insurance Plan
Quick Digital Services
Get easy access to buy or manage your policy online on the TATA AIG mobile app
Expert Guidance
Talk to our experts to understand specific business risks and fire policy coverage.
Choice of Policy Options and Add-ons
Choose a suitable policy and tailor it as per your business needs with optional add-ons.
24/7 Customer Support
Call us at 022-6489-8282 for product-related queries and claims support anytime.
Trusted Insurance Expertise
Experience reliable support, backed by over 25 years of expertise in the insurance industry.
Quick Claim Settlements
Simple, transparent, and faster claim settlement processes.
Types of Fire Insurance Plans Offered by TATA AIG
TATA AIG offers two fire insurance plans to cover business properties of different sizes and risk profiles. You can also enhance protection with a wide range of add-ons to address specific risks that may impact your business operations.
As both policies cover a wide range of business risks beyond fire, such as landslides and impact damage, they are also known as the Standard Fire and Special Perils Insurance Policies.
While the risks covered and exclusions remain similar, the two plans differ mainly in sum insured as follows:
What is Covered in Fire and Burglary Insurance?
Note: This is not an exhaustive list of inclusions. It varies depending on whether you select the policy’s fire and burglary coverage (or both). Check your <a href="https://www.tataaig.com/downloads">policy documents</a> for more information.
| Burglary & Fire Insurance Policy Coverage | Details | |
|---|---|---|
Loss or Damage to the Contents | Caused by burglary/housebreaking, hold-up or fire. (Content here means articles or things in your property that are not permanently attached or fixed to the building) | |
Damage to the Premises | Physical damage, loss or destruction caused to the insured property as described in your policy terms during burglary, hold-up or fire. | |
Impact Damage | Damages caused by the impact of external physical objects like vehicles, animals, falling trees, aircraft, walls, etc. | |
Riots, Strikes and Malicious Damages | Damages and losses caused to the insured property due to riots, strikes or fear-mongering activity. | |
Theft | Within 7 days from the occurrence of fire. Optional coverage is available with burglary insurance. |
What is Not Covered in Fire and Burglary Insurance?
Note that this is not an exhaustive list, and coverage details can vary based on your chosen policy details. Refer to <a href="https://www.tataaig.com/downloads">policy documents</a> for detailed information.
| Fire & Burglary Insurance Coverage | Details | |
|---|---|---|
Explosion or implosion | Explosions or implosions of boilers or other machines that generate steam or their contents are caused by centrifugal forces. | |
Landslides/Rockslides | Damage caused by natural settling, poor construction, defective materials or activities like demolition, structural changes or excavation. Includes erosion or ground movement. | |
Impact Damage | Damage from sonic booms or accidents caused by vehicles, animals, or aircraft owned by you or your employees. | |
Theft | Not covered if it is of any article or item outside your premises and without the applicable add-on. | |
Reported Losses Due to Negligence and Fraud | Losses due to errors, omissions, inventory discrepancies, voluntary actions or fraud. |
What is Burglary Insurance?
Burglary insurance is another type of property insurance that protects your business from loss or damage to assets like furniture and fixtures, machinery, equipment, etc., due to a burglary/theft.
Here, Burglary means unforeseen and unauthorised entry into the premises by forcible, violent and visible means with the intent to steal contents or property.
Whereas, Theft implies taking movable property dishonestly without your consent with the intention of permanently depriving you of the property. Theft is an additional cover that can be opted for under this bundle.
Remember, Theft and Burglary DO NOT mean the same thing under this policy. Generally, this cover comes bundled with a fire insurance plan. It is often included as an add-on cover. In short, burglary insurance offers additional security to your insured property by providing more coverage. This applies to independent houses, shops, or office spaces owned by you. We provide burglary insurance as an add-on under our Tata AIG Business Guard Laghu and Sookshma plans.
Details of Coverage Under Business Guard Sookshma and Laghu Package Policies by Tata AIG
Partial Loss
Under a partial loss policy, the portion of the stock or property destroyed is reimbursed after the incurred loss/occurrence of the insured event.
- If your insured property is a partial loss, then we will reimburse you for the cost of repairs to the extent required to bring that property to a condition the same as, but not superior, better or more extensive than its condition if it were new on the date, it was damaged.
- In case of a partial loss on stock, we will reimburse you to the extent of the loss incurred.
Total Loss
As the name suggests, a total loss policy covers the full value of the insured property lost in a situation where it is completely destroyed, lost, or damaged beyond retrieval or repair; or the cost of repairing it is more than the sum insured of that item. Here are the losses covered under this policy under a total loss:
For Building or Plant and Machinery or Furniture, Fixture, Fittings: In cases of a total loss, we will pay for the total value of the building, plant and machinery or furniture, fixture, and fittings. If required, we will also pay for the reconstruction of a new building on the same site or another site. In case of reconstruction on another site, we will only pay up to the amount required to reconstruct the property on the same site. Any additional expenses incurred due to site changes must be borne by you.
For Stock: For total losses in stock, we will pay you,
- The landed cost at your premises for stock of raw materials.
- The total manufacturing cost for stock of finished goods.
- The input value of stock in process at the time of loss.
- In Case of Goods Sold But Not Dispatched: The claim amount will be paid on the basis of the contract price of goods if the sale is cancelled wholly or to the extent of loss or damage caused by an insured event.
Characteristics of Burglary Insurance by Tata AIG
Wide Coverage
We understand how much you value your possessions. Therefore, we cover any loss or damage to the contents caused by burglary/housebreaking or hold-up. Additionally, you get coverage for any damage to the premises described in the policy schedule during burglary/housebreaking or hold-up.
Safety Measures
In case of an unfortunate incident, we compensate you for the reasonable cost incurred by you for the repair/ replacement of damaged locks and keys of safes and strong room within the insured premises (subject to a limit of 5% of admissible claim) to ensure your safety in the future.
Cost of Repairs
Repairs are expensive! Understanding this, we compensate you for the repair cost of underground cable, pipes, and overhead tanks damaged during burglary/housebreaking or holdup (subject to a limit of 5% of admissible claim).
Affordable Premium
Burglary and housebreaking can result in expensive potential damages. Hence, burglary insurance premiums are usually pretty high. However, at Tata AIG., we try to give you the best possible protection for your prized possessions at affordable premiums.
Digital Process
You get a paperless, digital, and transparent process with Tata AIG that starts right from buying a burglary insurance plan online to filing an online claim against your policy.
Add-Ons in Fire Insurance Policy
Enhance the protection under your fire insurance policy with the following add-on covers available with TATA AIG. These additional optional covers will be included in your policy schedule when you opt for them after paying an additional premium. Here are some add-on covers you can opt for to enhance coverage under your fire and burglary insurance:
Floater Cover
This add-on covers physical loss or damage to stocks present at more than one location, such as a warehouse, store or distribution centre.
Declaration Policy for Stocks
You pay a basic premium upfront, then declare the actual value of your stock later and adjust your payment accordingly.
Omission to Insure, Additions, Alterations or Extensions
This add-on automatically covers any new buildings, machinery, plant and other contents for up to a limit of 5% of the total sum insured.
Escalation Clause
Your coverage amount increases automatically (up to 25%) each year to keep up with inflation or business growth. This is bought for an extra fee premium, which is paid in advance.
Accidental Damage Cover
Covers accidental loss or damage to the property by any external, visible, and violent means.
Involuntary Betterment
If your damaged equipment can't be replaced with the exact same model (because it's outdated or no longer meets regulations), this coverage covers the cost of purchasing newer, equivalent equipment.
Rent Insurance
Pays the rent of any temporary office or workspace you have to move to if your main location becomes unusable due to fire or burglary damage.
Protection and Preservation of Property
This covers emergency costs to protect your property from further damage (like boarding up windows after a storm or moving inventory to safety).
Contract Works
For construction projects - covers the building work in progress, materials on site, and temporary structures during construction.
New Location Cover
Automatically protects property at new locations you acquire for the first 15 days, giving you time to update your main policy.
Brands and Trademarks
If branded products are damaged, this covers the removal of logos and labels (up to 25% of SI), allowing you to sell the goods as unbranded items at a lower price.
Electrical Injury
Covers fire damage to electrical equipment caused by power surges, short circuits, or other electrical problems.
Terrorism Damage
Protects against property damage from terrorist attacks or sabotage at your covered locations.
Theft:
Protects against theft involving the intention to steal, even without forced entry. It covers losses from burglary and theft of movable property.
Eligibility Criteria to buy Fire and Burglary Insurance Policy
The following categories of people or organisations can buy fire and burglary insurance:
- Any individual, organisation, institution, or firm that needs to protect their business financially from the damages and losses due to fire and burglary.
- Any person who owns a building, furniture, household articles, etc.
- Retail store owners or godown keepers.
- Owners of banks, or financial, education, or research institutes, etc.
- Owners of medical clinics, restaurant and hotel owners, service suppliers, lodging, medical stores, etc.
- Owners of manufacturing and industrial firms and transporters.
Other types of Insurance
Fire and Burglary
This is a fire insurance policy with a burglary cover. It offers coverage for loss or damage to the contents caused by fire and allied perils and burglary/housebreaking or hold-up. Under this combination, you can expect coverage for Damages to the contents and/or premises as described in the policy terms.
Fire and Burglary + Money Insurance
Money here implies cash, coins, bank and currency notes, including foreign currency, bank drafts, cheques, money orders, stock, share certificates, and other assets of monetary value. Under this combination, we offer covers for three types of money insurance:
Money in Safe
- Loss of money belonging to the business of the insured (you) within the insured premises (as stated under your policy terms) caused by burglary, robbery, housebreaking, theft, or hold-up.
- Loss of money belonging to the business of the insured (you), while kept at the owner/ director/ proprietor's permanent place of residence, which lies within the geographical area, necessitated only by bank/ government holiday.
- This money would otherwise be kept in any safe, strong room or cash box securing money within the insured premises. This cover is valid for up to 24 hours from the time of withdrawal from the bank.
- Reimbursements for repairs costs for safes, strong rooms, or cash boxes securing the money damaged during a covered incident up to 5% of the admissible claim.
Money in Transit
We will cover losses of money belonging to the business of the insured (you) caused by burglary, robbery, theft, or any other cause while the money is in transit between either:
- The named business premises of the insured and/or,
- The named business premises of the insured and the premises of the insured’s bankers and/or,
- The locations or situations specified in the policy’s terms.
Money at Hand/Till/Counter
- Loss of money in the till and/or counter incurred during hold-up or robbery during business hours at the insured premises.
- Repair costs for the till and/or counter securing the money, which is payable up to 5% of an admissible claim subject to liability being admitted by the insurance company.
Fire and Burglary + Public Liability
In addition to Fire and Burglary cover, Public Liability cover is an important cover that if opted, will ensure that we will indemnify you against your legal liability to pay compensation including Claimant’s costs, fees, and expenses anywhere in India, in accordance with Indian Law and as per limits of liability opted under this cover. This cover applies to claims arising out of accidents occurring in your insured premises during the period of insurance. You will be indemnified for liability arising out of injury and / or Damage but only against claims arising out of or in connection with the business specified in the Policy.
Additional Covers Applicable to Separate Sections Under Your Policy Schedule
Public Liability
Public liability coverage protects your business activities from accidentally causing injury to someone or damage to someone else’s property. It helps cover legal expenses and compensation you might have to pay in such situations. This ensures that your business is financially safeguarded against unexpected liabilities.
Plate Glass
It covers accidental damage to plate glass assembled on your office’s windows or at the front of a store. Additionally, it can extend to cover the cost of repairing and reinstating frames and/or frameworks by any cause as stated in your policy. Repair or reinstatement of the plate glass is subject to a maximum payment of ₹5,000 or as specified in the policy Schedule for every claim.
All Risk
It covers repair and/or replacement costs of portable equipment, such as laptops, tablets, mobile phones or any other equipment that belongs to your business. These are covered when the damage arises due to any unexpected events other than those included in the policy. A reinstatement value cover will be applied based on whether it is a partial or total loss. This is how it is calculated:
-Under partial loss, we cover the depreciation deducted on parts with a limited lifespan.
-Under total loss, we cover the replacement value, including costs, such as freight, installation and customs duties, if included in the sum insured.
The Company will also pay any normal charges for the dismantling of the destroyed machinery.
Burglary
Theft coverage can be opted as addon in Burglary cover. Theft here means the intention of taking movable property dishonestly, without actual forcible and violent entry of or exit from the premises by the person(s) committing the act.
Consequential Loss (Fire)
This section provides coverage for losses caused by pausing your business operations due to the fire incident. It also includes the loss incurred in the business due to physical destruction of your property that prevents access to the premises.
Electronic Equipment
This policy covers loss or damage to your business's electronic equipment from any cause except those specifically excluded. It can also include:
-Coverage for unlisted additions, alterations, or extensions, up to 5% of the insured sum. -Notification and payment for any new insurance coverage as soon as you’re aware.
This ensures your equipment stays protected as your business evolves.
Neon Sign
It covers repair or replacement costs due to accidental physical loss or damage to neon signs fixed at your shop or office. It covers damage caused by any cause other than those specifically excluded under the policy. It can also be extended to include third-party liability.
Selecting Sum Insured for Fire and Burglary Insurance
Selecting an appropriate sum insured is essential when buying fire insurance. Choosing an unnecessarily high sum assured results in an excessively high premium. On the other hand, choosing a lower amount than your requirement will leave you with insufficient financial support in case of a mishap. Here, using a fire and burglary insurance premium calculator can help you plan the coverage based on the premium estimate.
To select the correct sum assured for your Tata AIG fire and burglary insurance plan, consider the following:
Stock
Building
Plant and machinery
Furniture
Other important personal items
Who Needs a Fire and Burglary Insurance?
Micro Business Owners
Micro business owners that have a lot of investment of less than ₹1 crore and a turnover less than ₹5 crores, such as a training institute, a mobile repair shop or a salon.
Small Business Owners
Small independent businesses with a turnover less than ₹40 crores, such as a fashion clothing store or home furnishing and decor store, can protect for a reasonable premium against fire, burglary and similar damages.
Medium Business Owners:
Medium-sized businesses, such as chains of restaurants or apparel stores, with total investment amount not exceeding ₹50 crores seek protection against damages caused by fire and burglary.
Large Business Owners
Large businesses with multiple properties and high stakes due to a large-scale operation, such as an IT company or a pharmaceutical factory. With our fire and burglary insurance policy, you can secure all your properties and reduce the risk of loss or damage.
Additional Coverage Under Business Guard Sookshma and Laghu Package Policies
The policy provides the below-mentioned In-built covers without charging additional premium:
Additions, Alterations or Extensions.
Temporary Removal of Stocks
Specific Contents Coverage
Start-Up Expenses
Professional Fees
Debris Removal Costs
Costs Compelled by Municipal Regulations
For further reading on the terms and conditions of these in-built covers please refer to our policy wording documents, or you can contact us directly to get your queries resolved.
What does fire insurance cover?
What does fire insurance cover?
Fire insurance covers the following incidents:
- Fire
- Bush fire, forest fire, jungle fire
- Explosion or implosion
- Lightening
- Landslides, rockslides
- Impact damage
- Missile testing operations
- Riots, strikes, malicious damages
- Bursting or overflowing of water tanks, apparatus, and pipes
- Leakage from automatic sprinkler installations
- Earthquakes and volcanic eruptions
- Storms, cyclones, typhoons, tempests, hurricanes, tornadoes, tsunamis, floods, and inundations
- Theft within 7 (seven) days from the occurrence of and proximately caused by any of the above Insured Events
What is covered in burglary insurance?
- Loss or damage to the contents
- Damage to the premises
- Repair or replacement of locks and keys of safes and strong rooms
- The repair cost of underground cables, pipes, and overhead tanks
- Loss or damage to assets or equipment (except stock)
How can I file a claim against my fire and burglary insurance policy with Tata AIG?
Follow these steps to file a claim against your fire and burglary insurance policy with Tata AIG:
- Visit the Tata AIG official website.
- Click on 'Claims' on the top tab of the homepage.
- Click 'Initiate A Claim' and choose your product type; in this case, it will be 'AIGC'.
- Login with your registered phone number.
- Fill out the claims form and upload any necessary documents.
- After submitting your claim, an insurance agent will contact you to guide you through the process.
What are the benefits of fire and burglary insurance?
- Financial Protection: The primary benefit of a fire and burglary insurance plan is that it provides financial protection to the insured. You get reimbursed for losses resulting from fire damage, theft, or burglary. It helps in coping with the financial burden of repairing or replacing property and belongings.
- Peace of Mind: A fire and burglary insurance plan offers peace of mind. You are rest assured that you are protected against unexpected events. It allows you to focus on your personal or business activities without constantly worrying about the financial consequences of fire or theft.
- Comprehensive Coverage: Fire and burglary insurance together provide comprehensive coverage against a wide range of risks and perils. The comprehensive coverage protects you against destruction caused by a fire or the loss of valuables and property due to burglary.
How can we define burglary legally?
Theft following unforeseen and unauthorized entry into or exit from Premises by forcible, violent and visible means with the intent to steal contents/property therefrom.
Burglary can be considered as the specific intention of a burglar who intentionally enters a building to commit a crime. Burglary is also called housebreaking.
How is burglary different from theft?
Burglary is the act of breaking into a property through violent or forcible means. So if a person breaks a door or a window to get into the house or breaks open your locker or cupboard to steal, it is considered burglary.
On the other hand, theft means that the person has access to the property or its valuables. For example, you drop your house keys, and the thief picks them up and steals from your house.
Theft is an add-on under burglary insurance, as in most cases, it happens due to negligence.
How can I reduce my fire and burglary insurance premium?
Certain preventive measures at your end can assure the insurer of your responsible attitude and help reduce your policy premium. These include:
- Installing smoke detectors wherever necessary. Fire alarms and warning sensors can be installed to detect fire and smoke instantly.
- Compare different plans and shop around to choose the best option with the maximum coverage for a reasonable policy premium.
- Keep an updated record of your valuables and properties. Provide the insurer with the correct information and value of your properties at the time of purchasing the property.
What are policy add-ons? Can I get them with my Tata AIG Fire and Burglary Insurance Policy?
Add-ons are additional coverage options that you can add to a standard insurance policy for an additional premium. They increase the coverage you get with your insurance plan. With Tata AIG Fire and Burglary Insurance Policy, you get to choose from over 16 add-ons/optional covers available under the Fire section to add to your policy for enhanced protection.
Is filing an FIR necessary to claim burglary insurance?
Yes, filing an FIR is mandatory to file a claim against a fire and burglary insurance policy.
How long does my fire insurance policy protect me?
The fire and burglary insurance policy keeps you insured for a duration of one year. You can renew your policy through a quick online process.
Can I cover my chain of restaurants with the Tata AIG Fire and Burglary Insurance policy?
Yes, our Tata AIG Fire and Burglary Insurance is suitable for independent single and multi-location business.
Can I partially select my assets to insure under my fire and burglary insurance plan?
No, the policy covers the entire value of the plant, machinery, stock, and FFF to insure them as per the risk premise.
Can I have both fire and burglary insurance under the same policy?
Yes, with Tata AIG, you can protect your property and valuables against losses and damages due to fire and burglary under a single policy.
How is the value of my property determined for insurance purposes?
Consider factors such as the market value of the property, the replacement cost of the building and its contents, and the value of any valuable belongings to assess your property’s value. You can record and document your belongings through photographs, receipts, or appraisals to add as supporting documents with your insurance claim.
I left my door unlocked before the theft. Will it be covered under burglary insurance?
Leaving a door unlocked is considered an act of negligence and is not covered under burglary insurance.
How to Choose the Right Fire & Burglary Insurance Policy for Your Business
- Evaluate the worth of your business assets. For example, if you own a grocery store, calculate the property value and your stock’s value before choosing the coverage value or sum insured.
- Once you know the coverage you need, ensure the burglary & fire insurance for your business covers the full value of your assets to avoid being underinsured. Compare the coverage options from among the bundled policy options and get the maximum coverage.
- Review what the policy doesn’t cover to avoid surprises during claims. For example, suppose you opt for burglary insurance for your business to protect from common thefts, as it is based in a theft-prone area. In this case, the standard coverage will not cover theft. It will only be covered with an add-on.
- We offer cost-effective plans that help you balance adequate coverage with a premium that fits your budget so that you receive comprehensive yet affordable coverage to seamlessly recover from a tragic accident.
Types of Fire and Burglary Insurance Plans by TATA AIG
Also Read: Types of Fire Insurance
Business Guard Sookshma Package Policy
This policy provides coverage for your property up to a sum insured of up to ₹5 Crores at a single location. It includes coverage against fire, burglary, theft and money insurance for all your declared assets and properties.
Business Guard Laghu Package Policy
This policy provides coverage for your property for a sum insured from ₹5 Crores to a maximum of ₹50 Crores at one location. This offers higher coverage for your high-value assets against fire, theft and burglary.
How Does TATA AIG’s Fire & Burglary Insurance Protects Indian Businesses?
TATA AIG’s Fire & Burglary Insurance protects all types of Indian businesses, regardless of their size, with extensive coverage. Our plans provide coverage for property, stock and expensive equipment against fire, burglary and related damages. We also offer 10+ broad add-on covers for enhanced protection, including debris removal, all-risk cover, alternative accommodation expenses cover and more.
With TATA AIG’s robust customer service and quick claim process, you can reduce operational disruptions and recover quickly. With flexible coverage options and competitive premiums, it’s tailored to meet the diverse needs of businesses, from SMEs to large enterprises, ensuring financial stability during unforeseen crises.
How to File a Fire & Burglary Insurance Claim?
Notify TATA AIG
Notify us of the incident within 30 days of the incident via email (general.claims@tataaig.com) or through the TATA AIG website.
File Complaints
Notify the respective local authorities, such as the local police and file the necessary legal documents.
Claim Form and Documents
Fill out the claims form and upload any necessary documents, including KYC documents and proof of the incident.
Gather Evidence
Assist our representatives while they gather evidence and inspect your property for damage and claim requests.
Receive Reimbursement
Based on the provided details, we will reimburse the burglary & fire insurance claim amount to your bank account, excluding deductibles and uninsured items.
Omprakash Yogi, Laxmi Garments and Footwear
My company, Blistering Electronics Pvt Ltd, unfortunately caught fire at its Noida plant in June 2023. It was a very stressful situation. We had a fire insurance policy from TATA AIG.
They ensured that a surveyor was promptly deputed within 12 hours of the incident. The surveyors thoroughly surveyed the affected area for damage and forensics. The entire process was very smooth and hassle-free.
The surveyors and the entire TATA AIG team were very supportive and guided us through the documentation and the claim settlement process. With their help and assistance, we got the claim amount in a very short period of time.
I would like to thank TATA AIG for their guidance and cooperation throughout the process. Their prompt actions and cooperation helped us get out of the crisis without any stress. The insurance policy gave us the much-needed financial support to get over the difficult times. And with the great experience that I had with TATA AIG, I would like to recommend everyone to get their insurance solutions from TATA AIG.
I am the owner of Laxmi Garments and Footwear. On the 10th of December at 5 AM, my shop was engulfed in a fire. I had an insurance policy for my shop worth INR 10 Lakhs and a CC limit of 7 Lakhs. I had opted for the policy from TATA AIG.
A team of surveyors who came to survey the affected area did their job without charging a penny and conducted a thorough inspection. After completing a successful survey, they reimbursed the settlement amount. I received a claim amount of INR 9,94,228 after a smooth claim process.
I am very impressed with the insurance company's service. With a nominal deduction of INR 4000, I received the entire claims amount in my bank account.
The incident that happened to me could happen to anyone, so it is always wise to stay insured for your own benefit.
I am extremely thankful to TATA AIG for their support.
In March 2023, our office suffered from huge losses due to an unfortunate fire incident. Our office was completely damaged. Fortunately, we had already bought a fire insurance policy from TATA AIG, and it helped us a lot.
Once we informed the insurance company about the incident, they immediately appointed a surveyor for the loss location. The surveyors visited our office and inspected the site, and did the necessary survey and within some time, we received an interim relief amount of INR 50 Lakhs. The amount helped us in the restoration of our office and boosted our confidence.
Further, the surveyors and the support team helped us with all the documentation and the claim process to get our full and final claim settlement.
We are extremely satisfied with the services and support from TATA AIG. I would wholeheartedly recommend TATA AIG for their prompt and efficient service. They helped us get a claim settlement for the loss of approximately 1.5 crores. With their prompt support and service, TATA AIG proved their tag line “With You Always” true in every essence. I can undoubtedly say that TATA AIG is a trusted name that delivers excellent work. I would like to thank TATA AIG for their support during my hard times.
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