What is Educational Institution Package Insurance?
Generali Central's “Business Suraksha for Educational Institution” is a comprehensive package Insurance especially designed for Educational institutions like Schools, Colleges, Universities etc. which provides protection to Building and its contents against loss or damage by sudden, unexpected event or accidents, Personal Accidents to employee, Liability insurance and range of other coverages.
Why Choose Generali Central?
Super-fast policy issuance- Swift claiming process
- Zero deductibles
- Convenient claim intimation
- Millions of happy customers
- Customizable plans
- Competitive prices
What Does the Policy Cover?
Equipment damage
Our Educational Institution Insurance covers any unforeseen damages caused to mechanical and electrical appliances. The coverage also extends to portable or electronic equipment present in the premises. We also protect plate glasses and neon signs if you have any.
Infidelity of employees
Sometimes, it’s your very employees that can cause damage to your assets. But there’s no need to get worked up! You can trust your institution to us. Our Educational Institution package plan covers any damages or losses caused by an employee. The losses include any fraud or damage caused by an employee within the premises.
Employee compensation
Any one of your employees can face an accident within institution premises. But don’t worry; our policy protects you against any liabilities towards your employees. In case of an accident, we provide adequate compensation to the employee’s family.
Fire and special perils
● Lightning or explosions
● Fire
● Strikes, damages due to riots
● Malicious intent
● Damage due to aircraft impact
● Bush fires
● Natural calamities like typhoon, cyclone and others
● Bursting of pipes or overflowing of tanks
Personal accidents
Believe it or not, accidents can occur anywhere, anytime.
But we are here to take care of it. Our insurance policy covers you and your employees against any unforeseen accidents.
Our insurance covers:
● Permanent total disablement
● Permanent partial disablement
● Accidental death
Theft or Burglary
Theft of educational books and lab equipment can cause you financial losses. But we make sure you suffer none of it.
Our policy compensates you for the loss of valuable equipment and materials due to burglary.
What is not covered?
EXCLUSIONS
Nuclear or warlike perils
Damage caused by contamination or pollution
Consequential losses
Damage or loss due to gradual wear and tear
