Brief description of damages*
Whether any injury/damages *
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*Please note: If you have checked the box, you will receive calls from Magma even
if you are on the DNC list.
When a fire occurs or any of the other perils covered under the
Fire & Special Perils Policy (Material Damage Policy)
occur, the material damage policy will help the insured in
reinstatement/ repair/replacement of the damaged building, plant
& machinery and stock. The time period between the date on
which the loss occurs and the date on which the entire
reinstatement/repair/replacement is complete and normal production
restarts, is called the 'Period of Interruption'. This would result
in a reduction in turnover, causing subsequent loss of profits. The
intention of a Consequential Loss (Fire) Policy is to make good of
The consequential fire policy covers
The basic requirement is that the loss of gross profit and/or
increase in cost of working has to be as a consequence of an
insured peril under the material damage of the Fire and Special
Magma HDI General Insurance Co. Ltd. All Rights Reserved.
IRDAI Reg. No. 149 dated 22nd May, 2012. CIN: U66000WB2009PLC136327
Insurance is the subject matter of solicitation.
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are for representative purposes
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Magma and HDI names and logos are trade names/marks of Magma
Fincorp Ltd., and HDI Global SE
and are being used by Magma HDI General Insurance Co. Ltd., under
agreement with owners of such trade names/marks.
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If you are registered with DNC,
then please call us at 180030023202
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