As business models become increasingly complex, your ability to understand and manage risks becomes critical to success. You need a specialist to take a look.
We take care of your all personal and business risks by
☑ Getting you covers exactly as your risks
☑ Providing you risk management consultancy
☑ Providing you statutory liability covers of your business
☑ Getting you best of terms discounts from insurers
☑ Enhancing protection through unique covers
☑ Ensuring assistance in Claim Settlement
We conduct dealings with our clients with utmost good faith and integrity at all times and act with care and diligence
We provide prompt advice to our clients of any requirements concerning claims and assist them in pursuing their claim
We take any complaint made by our clients with utmost priority and ensure that it is taken up at a senior level in the Company.
The company is founded by Mrs. Meenu Khurana having more than 20 years exposure to general insurance business. Focus of her direct insurance broker company is on retail business of Motor, Marine, Travel, Health and corporate business of Fire, Engineering, Marine Hull, Aviation, Liability and other general insurance of small scale businesses.
We are professionals having more than 100 man years of experience as an insurance facilitator. We ensure aim at underwriting risks correctly to protect our clients of over-underwriting or under-underwriting of insurance risks.
We ensure that enable insurers to quote best of terms and discounts for our clients and at the same time ensure that our make clients to understand insurance cover, its exclusions, conditions, warranties which may affect their claims, if any, at a later stage.
Competitive general insurance companies specialize in a variety of products and our strength lies in ability to identify the product which suits our client the best. On identification we negotiate best of the terms and discounts for our clients. We neither compromise on quality of product nor on its price.
As an Insurance Broker, we represent our customers to the Insurers unlike an Agent who represents the Insurer. The scope of such a representation is enormous since we are more interested in discussing, designing and delivering suitable insurance products for our clients rather than merely displaying the products already available with the Insurers.
The difference is huge since the Insurers' "across the shelf" products are designed by them in a 'general' manner. An Insurance Policy is a future promise against premium and unless the Policy wordings are customized, wherever necessary, the general interpretations could be harmful to policy holders when the time for the 'promise' to be fulfilled comes up.
- "We always ensure customers' win"
A policyholder needs an insurance broker more at the time of claim rather than at the time of underwriting a policy. We know that documentation is the essence of speedy and proper claim settlement. As such we have developed a systematic and scientific mechanism to deal with the claims of our clients. Our teams are committed to follow the system and play a major role in providing assistance to our clients in the event of any unfortunate event happening.
We assist our clients in intimation of accident to the insurer; getting a surveyor appointed at the earliest; guiding on the actions to be taken at the affected premises; visiting the surveyor with client for discussions, if necessary; guiding the client in preparing the claim documents for expeditious claim settlement.
As a part of claim consultancy, we verify Verifying the assessment made by a Surveyor and ensure that the assessment is in accordance with policy terms and conditions; Liaison with Surveyors, Insurers and any other Agencies involved in the investigation or assessment of claims in order to expedite settlement;Maintaining accurate data of claims.
For our esteemed clients we indicate below the documents required for preferring a claim settlement
☑ Motor Insurance policy with schedule and endorsement / clause;
☑ Claim form (signed by Insured);
☑ Registration Certificate; Driving License;
☑ Police FIR (If any);
☑ Fitness Certificate (Commercial Vehicle Only);
☑ Fire Insurance policy with schedule and endorsement / clause;
☑ Claim form (signed by Insured);
☑ Documents to substantiate the stock at the time of loss;
☑ Repair/ Replacement bills for items-If the Policy is on Reinstatement Basis;
☑ Police Report/Fire brigade Report wherever applicable;
☑ Engineering Insurance policy with schedule and endorsement / clause;
☑ Claim form (signed by Insured);
☑ Final bill of repairs / replacement;
☑ Test reports of damaged parts, if suggested by insurer;
☑ Claim form (signed by Insured);
☑ First Information Report / Final Investigation Report (where applicable);
☑ Document to substantiate loss;
The Motor Insurance cover provides a comprehensive package policy for all risk arising out of driving a personal and commercial vehicles.
We ensure maximum discounts on motor insurance; Huge savings with comprehensive coverage through general insurance companies; Instant issuance of cover note; Timely renewal reminders; No claim bonus protection; Inspection on free of cost basis at time of break-in insurance;Special policies to cover depreciation and much more.
Motor Insurance covers the statutory requirement of compulsory insurance of Third Party Liability (TPL) for all motor vehicles put to use in a public place. The liability is for death or bodily injury of or damage to property of third party. A comprehensive policy covers the loss or damage to the motor vehicle also in addition to the TPL requirement as above.
The cover provided under the Own Damage (to the vehicle) section comprises ofAccidental and External Damage; Fire and Explosion; Riot and Strike; Malicious Act; Burglary, housebreaking/ Theft ; Transit; Earthquake; Storm and Flood; Terrorism;
Some products offer payment of claims without depreciation and settlement based on the original purchase price for theft or total loss cases. Host of additional benefits like loss of keys, breakdown assistance, etc., are also offered.
"So many people spend their health gaining wealth, and then have to spend their wealth to regain their health."
With the cost of health care rising at a rate much faster than individual incomes, there is no option but to buy a health policy for individual and family and group of employees. We, at SLK Bima Brokers shall recommend you Health Risk Solution best suited to your needs which would not only covers your hospitalization expenses with cashless services but also savings on your income tax.
Individual Health Insurance covers the cost of hospitalization; pre and post hospitalization expenses; consultation fees; hospital bed and nursing charges; medicines; investigations; ambulance charges; day-care treatment; cost of relevant consumables; terrorism; pre- existing diseases and much more.
Top up products are also available and play a major role in releasing the pressure from the insured on exhaustion of sum insured due to expensive medical treatment and also as there are cheaper risk covers then the entire limit of sum insured purchased.
The insurance market is flooded with multiple products and features it is better you seek guidance of SLK Bima Brokers to choose the product which is most suitable for you. SLK Bima Broker will again assist you in case you face any problem in getting your claim settled.
Employee health is one of the biggest issues in today's high pressure, competitive work environment. Caring for health and wellbeing of employees and their families is one of the best motivators for today's workforce.
The Group Medical Insurance covers the hospitalization costs as in-patient of the employees and or their family members (if covered) up to the limit provided under the policy. There are also floater covers available where the limit operates for the entire family of the insured employee.
The highlight of the policy is the cashless facility for claim payment provided by insurance companies through TPAs. This facility is offered for admission into hospitals across the country with which the TPA has a tie-up.
Travel insurance is a specialized coverage plan designed to protect travelers against unexpected events and financial losses that can occur while they are away from home. This type of insurance typically offers protection for a range of contingencies, including trip cancellations, medical emergencies, flight delays, lost baggage, and more.
Travel insurance can be crucial for international trips where potential medical costs could be significant, or for non-refundable trips where cancellations would result in financial loss. Policies vary widely, both in terms of cost and coverage, so it's essential for travelers to read the fine print and understand what's included and what's not.
Many credit card companies also offer travel insurance as a cardholder benefit. Investing in travel insurance provides peace of mind, ensuring that unforeseen events won't derail one's travel plans or result in significant out-of-pocket expenses.
Package Policy caters to the overall exposures of shopkeepers against the perils of Fire; Lightning; Explosion / Implosion; Aircraft Damage; Riot, Strike, Malicious and Terrorism Damage' Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inun dation; Impact Damage; Subsidence and Landslide including rock slide; Bursting and/or overflowing of Water Tanks, Apparatus and Pipes; Missile Testing operations; Leakage from Automatic Sprinkler Installations; Bush Fire and Earthquake;
Sum Insured is generally Reinstatement Value
Money Insurance provides a shield against loss of money (Cash, Coins, Bank Draft, Currency Notes, Cheques, Travelers' Cheque, Postal Order, Money Order, Pay Order and Current Postage Stamps) at premises in transit between business premises and bank or post office or any specified location. Money can be carried either by business person or by his employee.
Burglary policy covers burglary, theft (following actual, forcible and violent entry of and/or exit from the premises) including Damage to the premises itself by burglary into the premises. It covers loss or damage in respect of contents or any part thereof whilst kept in the insured premises including money contained in Safe or Strong Room; money from cashier's till and/or counter are also covered.
It is a comprehensive Business Protector Policy which specifically for SME &/or office establishments, hotels, restaurants including IT & ITES Sector.
The policy is Ideal for Individuals, SME's and Corporates to protect their business or property against uncontrollable situations that can devastate their property and businesses.
Loss or damage due to Fire, Lightning, Explosion / Implosion; Riot, Strike & Malicious Damage; Storm, Cyclone, Tempest, Hurricane, Tornado, Flood and Inundation; Impact Damage, Subsidence and Landslide including Rockslide; Bursting and/or overflowing of Water Tanks, Apparatus and Pipes;Missile testing operations; Leakage from Automatic Sprinkler Installations and Bush fire; Upto 3% of the claim amount to cover the Architects, Surveyors and Consulting Engineer's Fees and upto 1% of the claim amount to cover the Debris Removal.
Terrorism; Fees for Architects, Surveyors and Consulting Engineers beyond 3% of the claim amount; Expenses for removal of Debris beyond 1% of claim amount; Deterioration of Stocks in Cold Storage premises due to power failure following damage due to an insured peril; Forest Fire; Impact Damage to the property due to Insured's own vehicles; Spontaneous Combustion; Earthquake damage caused by Fire and Shock; Temporary removal of stocks to any other premises for the purpose of production or processing or finishing or similar purposes; Loss of Rent and / or additional expenses of rent for alternative accommodation.
This policy covers all industrial risks (other than risks relatable under the Petrochemical Tariff) which has assets in excess of Rs. 50 Crores and above in one or more locations in India are covered under the Industrial All Risk Policy.
Any person, firm, partnership and Joint Stock Company which undertakes a commercial activity and are at risk of loss of Property insured due to occurrence of a covered Peril under Standard Fire & Special Perils Policy are also at a risk of loss of revenue/ gross profit due to reduction in turnover of the Company. For the purpose of indemnifying the loss in revenue due to Business Interruption in consequence of occurrence of Fire, the firms can take coverage of Fire Loss of Profits.
This Policy covers civil construction projects, such as residential / commercial buildings, theatres, factory sheds, warehouses, roads, bridges, dams, reservoirs, tunnels, oil / gas pipelines, water / sewage disposal works, airports, flyovers, etc.
Coverage begins from the commencement of work or after unloading of the first consignment at the project site, whichever is earlier, and terminates on handing over of the works to the principal or on expiry of the policy, whichever is earlier. This is “all risk” insurance, which covers accidental physical loss or damage to contract works during the execution of a civil engineering project unless specifically excluded.
The Policy covers All Risk except specifically excluded pertaining to Projects during Storage, Erection, Testing and Commissioning. It covers Setting up a new project/individual machines; Expansion of an existing project; Dismantling and re-erection of an existing facility.
Cover begins with commencement of work or after unloading of the first consignment at the project siteand terminates on handing over of the works to the principal or on expiry of the policy. This is “all risk” insurance, which covers accidental physical loss or damage to contract works during the execution of a civil engineering project.
The sum insured is the completely erected value of the plant and machinery, inclusive of freight, customs duty and cost of erection.
Policy covers for physical loss or damage to Machinery and equipment against unforeseen and sudden physical loss due to all kinds of accidental, electrical and mechanical breakdowns as a result of internal and external cause, or damage to the insured items, necessitating their repair or replacement, other than specified excluded perils. Covers remain in effect during the time the machinery is in operation or at rest or in the process of being dismantled, overhauled or during subsequent re-erection at the same premises.
Air Freight; Express Freight (Excluding Air Freight), overtime and holiday wages; Insured’s own surrounding property; Third Party Liability
Fire and related perils; Theft; Overloading experiments; Willful acts or gross negligence; Gradual flaws / defects not necessitating immediate stoppages; Normal wear and tear; Consequential losses; Pre-existing defects; Terrorism
The value is generally replacement cost
Policy covers loss or damage to the contract's construction equipment such as bulldozers, cranes, excavators, compressors etc., due to an accident arising out of external perils. This cover is operative while the equipment are at work or at rest, or during dismantling for cleaning or overhauling, or re-assembly.
Express freight, overtime and holiday rates of wages; Air Freight; Owner's surrounding property; Clearance and removal of debris.
Additional customs duty; Escalation; Third party liability; Earthquake;Act of terrorism
Transit risks from site to site; Electrical & mechanical breakdown; Freezing of coolant or other fluids, defective lubrication, replaceable parts; Explosion due to steam pressure in I.C. engine; Wear and tear, rusting, testing for other purposes; War and nuclear perils; Pre-existing defects at inception; Willful act/negligence of insured; Consequential loss/liability, inventory loss; Cost of alteration, improvement, overhauls, modifications, additions, material changes.
Sum insured is generally replacement value
Any firm, company, factory etc. who are using any Boiler and Pressure Plant, can cover them under this policy.
Policy covers boilers and other pressure vessels; Damage to both fired and unfired against losses due to explosion or collapse;
Damage to surrounding property arising due to explosion or collapse of the Pressure Plant during its normal course of working; Third Party Legal Liability arising due to explosion or collapse of the Pressure Plant during its normal course of working.
Damage to the Owner's existing surrounding property; Legal liability for Third Party bodily injury and property damage; Express Freight (Excluding Air Freight), overtime and holiday rates for wages; Air Freight; Additional Customs Duty;
Fire and allied perils; War and Nuclear perils; Overload experiments / tests imposing abnormal conditions; Gradually developing defects not necessitating stoppage; Normal wear and tear; Failure of individual tubes not leading to explosion / collapse; Loss / Damage during application of test by inspecting authority or otherwise; Willful act / negligence; Pre-existing defects and faults and Consequential losses.
Sum insured is generally reinstatement cost of the Boiler.
Liability insurance is an insurance which protects the insured from the risks of liabilities imposed by lawsuits and similar claims. Liability insurance is designed to offer specific protection against third party insurance claims, i.e., payment is not typically made to the insured, but rather to someone suffering loss who is not a party to the insurance contract.
In India, General Insurance Companies provide variety of Liability Insurance Produces some of which are
as under:
☑ Worker's Compensation
☑ Public Liability Insurance
☑ Professional Indemnity
☑ Product Liability
☑ Commercial General Liability Insurance
☑ Director's & Officers Liability Insurance (D&O)
☑ Employment Practices Liability Insurance (EPLI)
☑ Clinical Trials Liability Insurance
☑ Crime Insurance
The insurance covers all employees of a company in case they are injured, killed or contract a disease during the course of their work. Liability to employees under the Workmen's Compensation Act 1923, Fatal Accidents Act 1855 and at Common Law is covered under this policy. Workers compensation insurance assures that injured workers get medical care and compensation for a portion of the income they lose while they are unable to return to work.
Public liability insurance protects a business against the financial risk of being found liable to a third party for death or injury, loss or damage of property or "pure economic" loss resulting from its negligence. The legal cost and expenses incurred in defending the case are also payable.
This is a mandatory policy to be taken by owners, users or transporters of hazardous substance as defined under Environment (Protection) Act 1986 in excess of the minimum quantity specified under the Public Liability Insurance Act 1991
The policy protects a business from financially crippling and often reputation-damaging claims by unhappy clients. Professional indemnity insurance, also known as Errors and Omissions (E&O) insurance, is the insurance that covers a company, or individual, in the event that a client holds the company or individual responsible for a service provided to client, or failed to provide, that did not have the expected or promised results. The policy protects the company or individual from legal action taken for losses incurred as a result of its advisory services. Risks covered are negligence; Intellectual property; Loss of documents/data.
This policy is suitable for doctors, lawyers, accountants, architects, engine
Marine Insurance covers Marine Hull and Marine Cargo polices. Marine Cargo insurance ensures safety of movement of goods traded by all modes of conveyance i.e. by road, rail, sea, air including couriers. The insurance covers transits both domestic as well as international i.e. imports and exports.
In fact, this is the most ancient forms of insurance policy facilitating the existence and growth of trade and commerce in the international trade. The international insurance market has also standardised set of clauses to be incorporated in the marine policies covering transit between two countries. In India, the Marine Insurance Act, 1963 spells out the law relating to the various aspect of Marine Insurance business.
Householder Insurance is a package policy specially designed to meet the insurance requirements of a householder by combining under a single policy, a number of standard policies usually taken by householders. The covers are available at reasonably priced premiums with insurers.
Policy indemnifies the Insured in respect of loss of or damage to the Contents/ furniture, fixture & fittings, T.V/Video Equipment; Electronic equip/ MBD for other domestic Appliances contained in the insured premises by Fire & Allied Perils; Burglary and/or Housebreaking.
This policy covers loss of or damage to accompanying baggage due to fortuitous accident, burglary, housebreaking, theft, terrorism whilst on journey. Any firm, company, shops whose executives or individual &/or their family are frequently in travel and are exposed to such losses can take this policy cover.
The policy covers damage to portable equipment while being carried around whilst in storage, use including accidental damage and fire and allied perils. Any firm, company, shops or individual who are engaged in commercial activity and who provide the portable equipment to its employees for official purposes and/ or individuals whose Portable Equipments such as Laptops, Mobile Handsets, Jewellery, Cameras and items of similar nature etc. are exposed to losses due to Accident from any fortuitous cause can be covered under this policy.
This Policy is especially designed for firms, corporate and individuals who carry on commercial activities and are exposed to pecuniary/financial losses occasioned by any act of fraud and/or dishonesty committed by the employees of insured.
This policy covers Neon Sign/Glow Sign/Hoardings against loss or damage due to fire, theft or any fortuitous events. Any firm, company, shops or individual who are engaged in commercial activity and whose Neon Sign/ Glow Sign/ Hoardings are exposed to such losses by breakage due to Accident can be covered under this policy.
This insurance is deemed to cover the Insured against loss by Breakage of any of the Glasses and/or Sanitary Fittings due to any fortuitous causes including terrorism.
If you have any questions, just fill in the contact form, and we will answer you shortly.