Qian Insurance Broking is a renowned insurance broker assisting its clients with comprehensive insurance solutions to manage various risks their businesses are exposed to.
Qian Insurance Broking offers individual insurances such as home insurance, health insurance, motor insurance, term life insurance policy, pet dog insurance and travel insurance along with commercial insurance solutions such as Contractor’s All Risk Insurance Policy, Trade Credit Insurance Policy, Group Health Insurance Policy for employees, Workmen’s Compensation Insurance etc. Commercial Businesses can go for affordable liability insurances, employee benefits, and professional and commercial insurances that protect them from unforeseen losses.
In a recently held industry conference, the spokesperson of Qian Insurance Broking revealed, “Factories and Warehouses form the backbone of all the manufacturing and storage-related activities in India. A factory setup involves the building, setup of plant & machinery, and storage of raw materials and finished goods. Additionally, there are electrical equipment, furniture, fixtures, and many other things. Any damage to the factory assets can be financially costly for the factory owner. Hence, a factory owner should always take steps to protect himself from such losses with the help of a factory insurance policy.”
An accident or unfortunate event can happen anytime. Hence, risk management is critical to the overall success of any business.
The team at Qian Insurance Broking offers its clients a comprehensive factory insurance policy customized to suit the requirements of various businesses. The factory and warehouse insurance policy secures all of the factory’s assets and mitigates risk arising from a fire accident. A Factory Insurance Policy reimburses the insured for any material damage to their assets due to a variety of perils, such as fire, natural calamities like earthquakes, storms, and cyclones. The coverages in a Fire Insurance Policy for a factory offered by Qian are comprehensive to suitably secure the factory owner from a majority of the risks. The insurance policy can be extended to include various add-on covers in a fire insurance policy so the additional incremental costs that arise such as expenses for Removal of Debris and Architects, Surveyors and Consultant’s Fees are also covered.
Further, the spokesperson informed, “Our insurance policy for factories can also be extended to cover the business interruption that a factory owner faces for the period the business operations remain interrupted due to the factory being damaged due to a fire accident. This extension is also known as a Business Interruption Insurance Policy or a Fire Loss of Profit Insurance Policy.
“It usually takes time to reinstate a whole factory after it has been damaged by fire. In such a scenario, a Business Interruption Insurance can help the factory owner meet his fixed expenses like salary and rent, which continue even though the revenue and profits have suffered due to interruption of business.
“Thus, we always suggest taking a Business Interruption Cover in addition to the factory insurance policy.”
It is important to take the assistance of an Insurance Broker when purchasing a Factory Insurance Policy. An Insurance Broker will ensure competitive premiums for a Fire Insurance Policy for a Factory by sourcing quotes from multiple insurance companies along with providing comprehensive coverages. An Insurance Broker with an experienced team like Qian will also be of invaluable help at the time claim settlement.
About Qian Insurance Broking LLP:
Qian Insurance Broking offers valuable personal and business insurance via its renowned insurance partners. Whether a client is worried about the cost of fire insurance for factory or concerned about the security of a warehouse, the broker helps them all with its high-quality risk management advice in the insurance domain.
Qian Insurance Broking LLP
125 C, Mittal Court, 12th Floor, opp. Inox Cinema,
Nariman Point, Mumbai, Maharashtra – 400021, India
Phone: +91 22 22044989
Company Name: Qian
Contact Person: Media Relations
Email: Send Email
Phone: +91 22 22044989
Address:125-C, Mittai Court, Opposite Inox Cinema Nariman Point
State: Maharashtra 400021