Project Insurance:
The Project Insurance Policies are mainly designed for Huge Projects like Etraction of Major Engineering industries, Construction of Major Roads, Flyovers, Factories, Multistorey Buildings etc. In these major construction works the owners have to engage skilled workers, utilize major construction equipment, lots of material for construction work. All these are exposed to lots of hazards, unexpected events like Fire, explosion, floods, cyclones and other natural calamities. These Projects come up in an open area, then the risk exposure is much more.
The Project insurance policies are designed to take care of all possible risks ,exposures so that the project may be completed as per the schedule. The coverage of insurance is from day one till completion of the entire Project(in many cases it’s a long term like 1-5 years etc.,) in civil works once its completed, in Engineering Projects till the machinery is tested and satisfied.
- We usually find the following policies obtained by the Project owners:
1 Contractors All Risks(Covers all civil works Projects such as Roads, Construction of Big Buildings, Flyovers etc.)
2 Errection All Risks(Covers Engineering Projects, Errection risks, Natural calamities, Fire, Explosion risks, Testing etc.)
At Balla Insurance, we have been serving our custumers with best premium quotes.
Now a days Insurance cover and premium rates are changing. Because the premium each company charges for insurance is not the same. The companies does this based on their claims experience & other factors.
Our Insurance partners are from Public Sector & Private sector who offer the best compititive quotes to enable you choose.
The person who contacted you will be in touch with you throughout to answer all the questions regarding your premiem, payment, policy, claim, premium, payment, etc.
you have to send your current policy copy by Whatsapp or Email. We will take care of the rest.
Just leave your name and mobile number, we call you and get all the details we need over phone and provide you quotes immediately.
Just to make it convenient for you, you have many options to make the premium payment through Debit/Credit cards, UPI, Google Pay, PayTM, online bank transfer , etc.
God forbid if you get involved in an accident and need to make a claim, you can call us for guidance/support. We will help you with every step of claim process.
So, it is all in one place to get help before, during, and after purchase.