Fire Insurance for Garment Manufacturers

Fire Insurance for Garment Manufacturers provides coverage against loss or damage caused due to garment manufacturing plants due to fire accidents. The insurance plan also provides coverage for the loss or damage caused to the content that is specified in the plan.

Read more
Get ₹7 Lacs Cover at just ₹124*
₹50 lakh cover @ just ₹3400*

Expert Advice

Buy Right

Instant Policy

Quick & Hassle free

Dedicated Team

Speedy Claims

*Premium varies on the basis of Occupancy, Business Activity & Coverage Type

Plan starts from ₹280/month*
We have an ideal plan for you

Step 1/2
Or Contact us on: 1800-309-0988
Get Updates on WhatsApp
By clicking on "" you agree to our Privacy Policy and Terms Of Use, and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover.

*Premium varies on the basis of Occupancy, Business Activity & Coverage Type

Just a step away from the quotes
Step 2/2

Popular Cities

Or Contact us on: 1800-309-0988
Get Updates on WhatsApp
By clicking on "" you agree to our Privacy Policy and Terms of Use, and also provide us a formal mandate to represent you to the insurer and communicate to you the grant of a cover.

*Premium varies on the basis of Occupancy, Business Activity & Coverage Type

Fire Insurance for Garment Manufacturers: Inclusions

The Insurance for Garment Manufacturers provides coverage for the following perils:

  • Fire: Coverage for damages caused due to a fire accident.
  • Explosion: Damage caused due to any kind of explosion that leads to a fire incident.
  • Lightning: Coverage against damage caused due to lightning.
  • Damage by Aircraft: If an aircraft crashes or drops anything during a flight that damages the structure of the manufacturing plant.
  • Natural Calamity: Damages caused due to storms, cyclones, typhoons, etc.
  • Overflowing of Water Tank: In case the water tank kept on the roof of the manufacturing plant bursts out and damages the structure of the plant or the covered specified content in the plan.
  • Bush Fire: In case of a bush fire, the damages caused will be covered.

Fire Insurance for Garment Manufacturers: Exclusions

The insurance policy for garment manufacturers does not provide cover for the following perils:

  • Willful or intentional damage is not covered
  • Damage caused due to pollution or contamination
  • Any kind of damage caused to the electrical machines is not covered
  • Damage caused due to terrorist attacks is not covered
  • Any damage caused due to nuclear peril or attack is not covered
  • Loss caused to the policyholder in the share market is not covered.

Fire Insurance for Garment Manufacturers: Claim Process 

In order to raise a claim under this insurance policy, follow the steps given below:

  1. Inform the insurer as soon as the fire accident takes place.
  2. Call the fire brigade to extinguish the fire
  3. The insurer will send an inspector to inspect the damaged premises
  4. Stay with the inspector and tells him/her everything they want to know
  5. Give a detailed account of the damaged perils
  6. Provide an estimated amount of the damage caused
  7. Once the inspection is done, the inspector informs the insurance company.
  8. The company begins the process of claim settlement from its end and settles the claim within the specified number of days.

Documents Required to File Claim

To raise the claim under this fire insurance plan, you will have to provide the following set of documents to the insurer:

  • Policy copy with schedule and included clauses
  • Filled claim form
  • If the incident gets published in a newspaper then attach the newspaper cutting as well
  • FIR, if any
  • Previous claims, if any
  • The report provided by the fire brigade
  • Any other documents required by the insurer

Fire Insurance for Garment Manufacturers: FAQs

Written By: PolicyBazaar - Updated: 01 March 2023
Couldn't find the right plan?
Let's navigate the complex world of insurance together. It's actually quite simple!