Business equipment can be covered by standard fire, special perils insurance – Livemint

Mang. Const.

Business equipment can be covered by standard fire, special perils insurance  Livemint

I have some expensive equipment that I have rented out for my business. I want to insure these from theft or other such calamity. How can I do it? —Name withheld on request You can buy a standard fire and special perils insurance for your business equipment. Such a policy will cover damages caused due to fire and 11 other risks, including storm, flood, riots, malicious damage and lightning. The policy can be further enhanced to cover risks of earthquake, forest fire and impact damage due to your own vehicles. The last add-on is especially relevant for equipment where cranes are used or mate…

Source: Mang. Const.