Brief description of damages*
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*Please note: If you have checked the box, you will receive calls from Magma even
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Industrial All Risks Insurance provides financial compensation
against accidental loss or damage to your plant, machinery, stock
and building and against loss for consequential business
interruption. This is a comprehensive policy to cover damage to
your assets from all unforeseen circumstances except for those
defined "Exclusions". The Policy also protects your balance sheet
from any adverse consequence arising out of such interruption
Section - II - Business Interruption
Fire Loss of Profit
Machinery Loss of Profit
1. Better coverage
2. Administrative control
The IAR policy is an "All Risks" operational policy that covers
all fortuitous mishaps barring a few named exclusions. These
1. Material Damage Section
A) Excluded causes
B) Excluded property
2. Interruption Insurance Section
The policy does not cover loss resulting from interruption of or
interference with the business directly or indirectly from.
These exclusions are to be deleted in case MLOP cover is opted
2. Business Interruption Section
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.
Images used on this website and the models photographed in them
are for representative purposes
only and are not indicative of anyone's personal thoughts or ideas
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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You will be contacted from our customer service within 24 hours.
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And in case you don't get a call within 24 hours,
please call us on 180030023202 and quote this reference number.
If you are registered with DNC,
then please call us at 180030023202
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