Suggested
Commercial Insurance
Bouquet of covers under single policy
Coverage Highlights
Key Benefits under these plansSafeguard Your Business
Running a business comes with its own set of risks & uncertainties. In an unpredictable world, our Commercial Insurance Policies offers the essential protection you need. Whether you own an Office , Grocery Shop, Motor Dealership, Pharmacy, Jewellery Store, Hardware Shop, Our policies have you covered.
Assets Covered
These policies provide coverage for Structure & building, Electrical & electronic equipment's, Furniture fixtures & fittings, stocks etc.
All Round Protection for your Business
Provides comprehensive coverage for your business by protecting against a wide range of risks, including property damage, theft and burglary, machinery breakdown, electronic and electrical damages, third-party liability insurance, business interruption, and natural catastrophes
Customizable Plans
You can choose from different available packages based on your specific needs, ensuring that you have the right coverage for your property type
Commercial Package Insurance Policy Types
Choose the policy best suited for your requirementShopkeeper Package Insurance Policy
Comprehensive coverage for your shop, including protection against fire, theft, burglary, machinery breakdown, electronic and electrical damages, third-party liability, business interruption, and natural catastrophes
Office Package Insurance Policy
Provides comprehensive coverage for office premises, including protection against fire, theft, burglary, mechanical and electrical breakdowns, business interruption, and public liability
Jeweller's Insurance
Comprehensive coverage for jewelry stock, including protection against theft, robbery, fire, shoplifting, and damage during transit or exhibitions
Motor Dealers Insurance
Comprehensive coverage for motor dealers, including protection against fire, theft, burglary, business interruption, public liability, machinery breakdown, and damage to electronic equipment
Commercial Insurance
BestSeller
Shopkeeper Package Policy
BestSeller
Office Package Policy
BestSeller
Jeweller's Insurance
Get instant access to your policy details with a single click.
Mobile Self Risk Assessment
PRIME Inspection app helps to evaluate quality of your property (Shop, Office, Plant or Others) having SI upto INR 50 crs. It is simple to navigate having multiple Q & A designed for client
Instant Generation of Risk Report
It helps Provide Risk Recommendations, Risk Quality Rating (RQR), Peer Comparison & GAP Analysis for the client
Step-by-Step Guide
How to Buy
0
Visit the Bajaj Allianz General Insurance website
1
Fill in the lead generation form with accurate details
2
Get quote, make payment and receive the policy documents
How to Renew
0
Contact the Policy Issuing Office
1
Review expiring policy and share necessary details
2
Receive renewal quote
3
Make renewal payment
4
Receive the renewed policy documents via email
How to Claim
0
Contact us through our customer service touchpoints
1
Submit the claim form along with the necessary documents
2
Provide details of the incident and any supporting evidence
3
Cooperate with the claims investigation process
4
Receive the claim settlement as per the policy terms
Know More
0
For any further queries, please reach out to us
1
Toll Free : For Sales :1800-209-0144
2
Email ID: bagichelp@bajajallianz.co.in
Instant help for your diverse needs
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Smooth Buying Process
The online policy purchase was quick and seamless. I could easily compare multiple options and choose the best one for my needs. The entire process was hassle-free, and I received my policy instantly.
Aryan Verma
Karnataka
15th Jan 2025
Exceptional Customer Support
The customer support team was extremely helpful and guided me through every step. They promptly answered my queries and ensured a smooth experience. I am happy with the service.
Jaya Dhawan
Maharashtra
8th Feb 2025
Instant Policy Issuance
I was amazed at how fast I got my policy. The process was very user-friendly, and within minutes of completing the payment, I received my documents. Highly recommended!
Manish Garg
Uttar Pradesh
22nd Dec 2024
Hassle-Free Claims Process
The claim process was smooth and efficient. The team handled everything professionally, making sure I didn’t face any difficulties. It was truly a hassle-free experience.
Meera Rishi
West Bengal
3rd Feb 2025
Best Value for Money
The policy offers great coverage at an affordable premium. The features are well-designed, and I feel secure knowing I made the right choice. Great service overall.
Sujal Sharma
New Delhi
10th Jan 2025
A commercial insurance policy provides coverage for property damage, business interruptions, and liability risks. It safeguards businesses against financial losses due to unforeseen events like fire, theft, natural disasters, or legal liabilities. This ensures business continuity and financial stability during crises.
Certain types of commercial insurance, such as third-party liability for commercial vehicles and worker compensation policies, are mandatory. However, businesses often opt for additional coverage to protect assets, employees, and financial interests. Having the right insurance policy reduces legal and financial risks.
Add-ons like business interruption cover, liability protection, and cyber insurance enhance your commercial policy. They provide extended financial security by covering lost revenue, legal expenses, and cyber threats that may disrupt business operations. Customised add-ons ensure businesses stay protected against evolving risks.
Filing a claim involves notifying the insurer, submitting required documents, & undergoing a verification process. Once approved, the insurer disburses the claim amount to cover losses. A quick and hassle-free claim settlement helps businesses recover without financial strain. Timely claim submission and accurate documentation speed up the process.
Premiums depend on business size, industry type, risk exposure, and coverage amount. Insurers assess these elements to determine the policy cost. Businesses can optimise their premiums by selecting suitable coverage and risk management strategies. Implementing safety measures and risk mitigation plans can help lower premiums.
Some common types include property insurance (which covers damages to physical assets), liability insurance (which protects against legal claims), marine insurance (covers goods in transit), cyber insurance (which safeguards against data breaches), and employee benefits insurance (which provides coverage for employees).
Choosing the right policy requires a detailed risk assessment of your business operations. Factors like the nature of the business, asset value, number of employees, regulatory requirements, and industry-specific risks should be considered. Consulting an insurance expert or broker can help tailor a policy.
Businesses can enhance their coverage with add-ons like business interruption insurance, professional indemnity, cyber security coverage, and extended liability protection. Customisation allows businesses to adapt their coverage to industry risks, operational requirements, and financial concerns, ensuring they remain protected.
Most commercial insurance policies are valid for one year, requiring renewal before expiry to maintain continuous protection. However, insurers also offer multi-year policies that provide long-term coverage and stability. Renewing on time ensures uninterrupted coverage and prevents financial risks due to policy lapses.
The required documents include business registration certificates, financial statements, property ownership or lease documents, employee details, and risk assessment reports. For specialised policies like marine or cyber insurance, additional documentation may be required. Ensuring all necessary documents are submitted correctly helps speed up the
First, the business must immediately notify the insurer about the incident. Next, necessary documents such as claim forms, invoices, FIR reports (if applicable), and evidence of loss must be submitted. The insurer will then conduct an assessment or survey to verify the claim before disbursing the approved amount.
Simple claims like minor property damage may be settled within a few weeks, while larger claims involving legal or financial reviews may take months. Insurers prioritise efficient settlements, but delays can occur due to incomplete documentation, third-party verifications, or policy exclusions.
Claims can be rejected due to various reasons, such as policy exclusions, late claim submission, incorrect or incomplete documentation, misrepresentation of facts, or failure to meet policy terms. For example, if a business fails to implement safety measures required by the policy, the insurer may deny the claim.
Yes, if a claim is denied, businesses can file an appeal with the insurer by submitting additional supporting documents or explanations. If the issue remains unresolved, businesses can escalate it through the insurer’s grievance redressal mechanism or approach the Insurance Ombudsman for further review.
Many commercial insurance policies provide coverage for fire, floods, earthquakes, and other natural disasters. Some businesses may need to purchase additional disaster coverage if their location is prone to specific risks. It is important to check the policy’s exclusions and coverage limits to ensure adequate protection.
It is recommended to renew a commercial insurance policy at least 30 days before its expiry to ensure uninterrupted coverage. A lapse in policy renewal can expose businesses to financial risks, legal liabilities, and potential penalties. Early renewal also gives businesses time to review coverage and compare policies
Yes, businesses can adjust their coverage, increase or decrease the sum insured, add or remove riders, or switch to a different plan during renewal. It is essential to reassess business risks, asset value, and operational changes before making modifications. Consulting an insurance provider helps in choosing the best-suited coverage options.
If a commercial insurance policy is not renewed on time, it lapses, leaving the business without coverage. This means any damages, legal claims, or financial losses occurring after policy expiry will not be covered. Some insurers offer a grace period for renewal, but once it expires, businesses may have to apply for a new policy.
Premiums can increase or decrease during renewal based on various factors, including previous claims history, business risk exposure, policy updates, and changes in industry regulations. Implementing safety measures, maintaining a good claims record, and choosing optimal coverage can help businesses negotiate lower premiums.
Yes, opting for a multi-year renewal provides several advantages, such as locked-in premiums, discounts, and continuous coverage without the hassle of annual renewals. Some insurers offer long-term policies with reduced rates, helping businesses save on costs while ensuring uninterrupted protection.
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It’s said that making money is art and that good business is the best art. Picasso or Leonardo da Vinci? Take your pick. Well, our artistic skills are more modest, but we are good at Commercial and Retail Insurance solutions.
Running your business is a lot like creating a work of art. Like the deft strokes of a brush that transform a lifeless canvas into a beautiful masterpiece, your business thrives when you make prudent business decisions. But what if a natural or man-made calamity strikes tomorrow and sweeps it all away in a flash?!
Uncertainty in business is a fact of life. In an ideal world, nothing would ever go wrong and there would be no disasters. But in reality, just keeping your fingers crossed is not going to help. No wonder, risk and contingency management plans occupy so much of your time as a senior manager or business owner.
Building resiliency into business processes requires taking the long-term view. You need adequate resource allocation, redundant IT solutions and well-defined outcomes to prevent losses when a crisis strikes.
Business risks come in all shapes and sizes. From natural calamities like earthquakes, fires or floods to man-made ones like labour problems and lawsuits. Your management team needs adequate coverage too so that it can focus on the growth of your business. With Commercial Insurance, you can cater for such emergencies and go from being reactive to proactive.
Since 2001, Bajaj Allianz has helped businesses across domains and geographies take risks in their stride with Commercial Insurance solutions. Some of India’s leading corporates rely on our solutions for their insurance needs. Commercial Insurance gives you additional options when an emergency threatens to destabilize your business. It can form the foundation of a strong, future-ready business that is capable of turning business risks into new opportunities for growth. Bajaj Allianz Commercial Insurance empowers you to take business decisions with confidence.
Don’t you think it is time to put your business on the highway to success? Bajaj Allianz Commercial Insurance solutions are ideal to power your growth.
Choosing the right insurance solution for your business really depends on the kind of industry you operate in. If you own a pizza franchise, your commercial and retail insurance needs would be totally different to a commercial organic farm business. Evaluate the risks you face carefully and decide what type of insurance coverage will best address them.
Broadly, each business needs to protect its primary assets like offices or warehouses and the employees that work in them.
Here’s why:
Every business, irrespective of whether it is small large or medium, needs to ensure their registered office, warehouses or distribution centres are protected. In an emergency, this can go a long way to ensure that your business returns to operational status as early as possible.
Your investment in fixed assets like assembly lines and offices needs adequate protection. Commercial Insurance is recommended to accomplish this.
During day to day operations, contingencies may arise. Labour unrest, outages and production problems can mean that you may not be able to meet delivery timelines and face potential legal complications. To ensure that such emergencies do not derail your business, opt for Commercial Insurance Liability Protection.
One of the most important cogs in the wheel of any business is its employees. Consider the risks that your employees are exposed to during the day to day manufacturing or assembly of goods as well as delivery of services.
Providing adequate employee insurances helps you make sure that in the event of an emergency that results in the death or permanent disability of a co-worker, your business is not adversely affected.
Your office premises are like your second home. You spend countless days and sleepless nights taking your business to the next level and have a lot at stake.
Shipping your products by sea is economical and reliable, but the seas are unpredictable. That’s not all. Transporting finished goods from factory to port also has its fair share of risk.
A lawsuit may cost you a lot of money and cause undue stress. The risk is multiplied if your business is spread across multiple locations.
Suits filed against employers by employees are on the rise and such cases, among other lawsuits, have the potential to put your business at significant financial and legal risk.
You are well aware of the risks that accompany an engineering project. If the execution of your engineering project is affected, the cost and time overruns can affect your business severely.
Everyone in the Oil and Gas Industry surely remembers the “Deepwater Horizon” explosion in 2010 off the Louisiana coast. Mishaps like that can get you into deep financial crisis.
As a good employer, you want to stand by your employee when he is sick or hospitalized. With today’s astronomical medical costs, providing employee benefits can strain your finances.
Dreaming of growing your business and taking it places? Is the fear of risks stopping you from achieving this? You can now let go of your worries with International Insurance Solutions by Bajaj Allianz.
In business, risks represent new opportunities for growth and expansion. With Commercial Insurance, you can take calculated risks that help you succeed. Thankfully, there are different types of Commercial Insurance that can guarantee peace of mind and a good night’s sleep.
Here are the benefits of Commercial Insurance are listed below.
Whether you have a shop or office, your business premises are where you create the products or services that bring your business revenue and recognition. Bajaj Allianz Property Insurance helps safeguard your business space from diverse threats and gives you complete freedom to innovate and excel in your industry.
We know that more than anything else your employees are your real assets. By giving your employees adequate cover, you can motivate them to contribute to the success of your company. A Group Mediclaim Policy or a Group Personal Accident Policy cannot only promote wellbeing among your staff, but it can also create a spirit of belonging among them. Show your employees that you’re committed to their progress by opting for our employee benefit plans.
A business liability can arise at any moment and land your business in a soup. From workplace injuries to consumer complaints, you need adequate protection from unforeseen business risks. Liability Insurance is a form of Commercial Insurance that covers you against legal liabilities.