ICICI Lombard Office Package Policy

Features of ICICI Lombard Office Package Policy

The key features of the policy include:

• Property Protection: Covers eligible office premises and contents against specified insured events.
• Fire and Allied Perils: Protects against covered fire-related and other specified risks.
• Burglary Protection: Covers eligible losses arising from covered burglary or theft incidents.
• Electronic Equipment: Provides coverage for insured office equipment under the applicable section.
• Additional Protection: Other covers may be available depending on the selected policy and schedule.
• Customisable Coverage: Allows businesses to choose applicable covers based on their insurance requirements.

ICICI Lombard Office Package Policy: Inclusions

The policy can provide coverage for:

• Fire and Allied Perils: Loss or damage to insured property caused by fire and other covered events.
• Burglary and Theft: Loss of insured assets due to covered burglary or theft, subject to the relevant section.
• Electronic Equipment: Damage to insured office equipment covered under the policy.
• Money Loss: Specified losses involving money where the relevant cover is included.
• Third-Party Liability: Eligible third-party liability where the applicable cover is selected.
• Other Selected Covers: Additional protection available under the policy schedule and selected sections.

Disclaimer: Coverage and limits depend on the policy schedule, selected sections and applicable terms and conditions.

ICICI Lombard Office Package Policy: Exclusions

Common exclusions and limitations may include:

• Wear and Tear: Gradual deterioration, depreciation and normal wear and tear.
• Uninsured Property: Property not included in the policy.
• Intentional Damage or Fraud: Losses arising from deliberate damage or fraudulent acts, as excluded under the policy.
• Unsubstantiated Loss: Losses that cannot be established through the required evidence, where excluded.
• War and Nuclear Risks: Losses arising from excluded war-related or nuclear events.
• Consequential Loss: Indirect financial losses unless specifically covered.

Disclaimer: Refer to the applicable policy wording for the complete list of exclusions.

ICICI Lombard Office Package Policy: Claim Process

To raise a claim:

• Report the Incident: Notify ICICI Lombard promptly after discovering the loss or damage.
• File a Police Report: Report theft or burglary to the police wherever applicable.
• Submit Documents: Provide the claim form, policy details, photographs, invoices and other supporting evidence.
• Assessment: Cooperate with the insurer's surveyor or claims team during the assessment.
• Settlement: The claim is evaluated and settled according to the policy terms, applicable limits and deductions.