Comprehensive Insurance is wide coverage. In Motor Insurance it is protective against any loss of or damage to the Motor as also insured’s liability exposures for bodily injury and property damage due to use of Motor. The shopkeepers comprehensive Insurance Policy covers various risks like Fire and allied perils, theft, burglary housebreaking plate glass, neon sign, cash in transit, cash in safe, cash on till/counter, fidelity guarantee, pedal cycle, public liability, workmen’s compensation loss of profit etc.

A general term meaning an insurance policy that covers a large variety of circumstances. In vehicle insurance, a policy that covers loss or damage due to causes other than collision; for example, theft, fire, or vandalism.

Commonly referred to as a CLUE report, this provides accident or loss history of individuals including claim payments and coverages. Used by agents and carriers to determine eligibility and premiums for coverage. Carriers contribute data to the exchange in order to be able to access the loss information for underwriting purposes.

The trend in recent years has shown that more and more insureds are looking for “all risks” cover. One alternative to covering damage to machinery by means of machinery insurance, fire insurance, MLOP and FLOP is to offer an “ALL RISKS” policies offering all this coverage in one. This policy offers all risks cover of a predominantly engineering nature particularly against machinery breakdown, fire, lightning and chemical explosion as well as natural perils for the entire insured plant with only a few property exclusions and excluded perils. In addition MLOP and FLOP too can be incorporated. The cover can be adapted to the specific features of a risk by means of a series of clauses. The is useful for Power Plants, Transformer Stations, Power Distribution Systems, Equipment at Open-cast mines and ore-dressing plants, Plants in the metal working, steel production, cement factories, stone working, breweries, bottling plants and Transport and traffic systems, wastewater treatment plants and water supply systems. Cover is granted at the business locations specified and also during transportation for the purpose of cleaning, renovation, repair or maintenance.

a policy designed to give the protection offered by both a basic and major medical health insurance policy. It is characterized by a low “deductible” amount, coinsurance feature, and comparatively high maximum benefits.