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Overview

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 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.

 

 

HOW TO CHOOSE COMMERCIAL INSURANCE THAT SUITS YOUR BUSINESS

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 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:

Place of Business
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.

Operational Risks
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.

Employee Benefits
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.

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TYPES OF COMMERCIAL INSURANCE

Property Insurance

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. 

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Marine Insurance

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. 

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Liability Insurance

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.

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Financial Lines Insurance

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. 

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Engineering Insurance

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. 

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Energy Insurance

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. 

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Employee Benefits Insurance

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. 

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International Insurance Solutions

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. 

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BENEFITS OF COMMERCIAL INSURANCE

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.

  • Protection for Property

    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.

  • Protecting your Employees

    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.

  • Protection from Liabilities

    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.

Set Renewal Reminder

Please enter name
+91
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                                  Please enter policy number
Please enter policy number
Please select date

Thank you for your interest. We will send you a reminder when your policy is due for renewal.

Set Renewal Reminder

Please enter name
+91
Please enter valid mobile number
                                  Please enter policy number
Please enter policy number
Please select date

Thank you for your interest. We will send you a reminder when your policy is due for renewal.

Download Commercial Insurance Documents

Set Renewal Reminder

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+91
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Thank you for your interest. We will send you a reminder when your policy is due for renewal.

Disclaimer

I hereby authorize Bajaj Allianz General Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back at a convenient time. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business. Furthermore, I understand that these calls will be recorded & monitored for quality & training purposes, and may be made available to me if required.

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