ACKO Bharat Laghu Udyam Suraksha

The insurance policy covers loss, damage or destruction of the insured property due to fire, spontaneous heating, natural heating or fermentation.

Loss or damage to the property/stocks due to natural disasters such as earthquakes, storms, cyclones, floods, lightning, landslide, etc., are covered by the policy.

Damages caused due to impact or collision of external physical objects such as vehicles, aircraft, falling trees/walls, etc.

You will receive the policy benefits if your building, plant or stocks are damaged due to man-made disaster such as an act of terrorism, riots, vandalism, etc.

The policy provides coverage if the insured property is damaged due to leakage from sprinkler installations, overflow/ bursting of water tanks and pipes.

Theft of any article/stocks within 7 days from the occurrence of the loss or damage caused due to the above-mentioned events.

Expenses of alterations, additions or extensions to the insured property are covered by up to 15% of the Sum Insured, excluding stocks.

Cost of temporary removal of stocks to other premises is covered up to 10% of value.

Start-up costs incurred by you due to loss or damage to the insured property are covered up to Rs. 5 lakh.

Provides coverage against professional fees of architects, surveyors and consulting engineers. Coverage benefit of up to 5% of the claim amount.

Expenses for removal of debris are covered up to 2% of the claim amount.

Fluctuation in stocks/stocks value subject to certain conditions are covered by the Declaration Policy add-on cover.

Loss or damage to stocks at more than one location subject to certain conditions are covered under the Floater Cover standard add-on.

The policy does not cover the destruction or loss of stocks in cold storage due to the temperature change.

Loss, damage or destruction of any electronic machine due to short circuits, self-heating or leakage of electricity are considered as exclusions of the policy.

Loss or damage to the insured property or stocks caused due to pollution or contamination is not covered by the policy.

Consequential or indirect loss/damage due to the consequences of insured events are not covered by the policy. Loss of earnings, loss by delay, loss of medical expenses, etc., are excluded from the policy coverage.

Damages caused because of war, invasion, war-like operation, foreign enemy hostilities, civil war, etc., are not covered by the insurance plan.

Loss or damage to the insured property due to radiation/contamination from any nuclear fuel or nuclear waste are considered as exclusions of the policy.

The process of insurance purchase/renewal at ACKO is hassle-free, and there is no need for tedious form-filling. ACKO offers a convenient buying experience, and you can purchase ACKO Bharat Laghu Udyam Suraksha Policy within a few minutes.

When you purchase an insurance policy on ACKO, you are directly dealing with us. There are no agents/middlemen involved in between. Hence, you only pay for what you buy - that is the insurance plan.

ACKO’s purchase, renewal and claim processes are tech-based. From claim settlement to renewal, all the processes are digital, transparent, quick and hassle-free. You can access your policy details on your phone/computer - it is that convenient.