BRIEF DESCRIPTION OF VARIOUS INSURANCE PRODUCTS PROVIDED BY HGI:

1. FIRE INSURANCE
The premiums charged and the scope of cover provided are controlled by the Beema Samiti (Insurance Board) through Tariff. The standard policy covers loss or damage to the property insured including computers & ancillary equipments, caused by fire or lightning. In addition to this, the policy can be extended to include loss or damage arising from a variety of other perils such as

a . Earthquake.
b . Riot, strikeke and malicious damage.
c . Explosion.
d . Storm, tempest. flood and landslip.
e . Impact damage.
f . Aircraft damage.
g . Terrorism.

If the insured wishes to take a loss of profit policy in addition to the basic fire cover, we can provide that insurance also.

2. HOUSEHOLD INSURANCE:
The company issues a very comprehensive policy covering the private dwelling and / or household contents (including computers and ancillary equipments) contained therein against all of the perils mentioned in 1 above plus loss or damage caused by :-

(a) Bursting or overflowing of water tanks, pipes etc.
(b) Theft or any attempt threat.
(c)Loss of rent or cost of alternative accommodation if the house becomes uninhabitable asa result of an insured peril.
(d) Your legal liability to members of the public as a house owner or occupier.
(e) Personal accident benefits if the insured is injured as a result of an insured peril. The only stipulation is that the house must be of a least pucca (first class) construction

3. MARINE CARGO INSURANCE:
This party insures goods whilst in transit by sea, air, rail or road. Cover can be on an- ALL RISK basis or more limited cover the choices is of insureds. Premium vary upon the commodity.

4. MOTOR INSURANCE:
Although not compulsary, this is perhaps the main class of insurance where one stands to loose financially on virtually a daily basis, whether it be damage to ones own vehicle,damage to another persons vehicle or death injury to a passenger or a member of the public as a result of a car accident. Policies can beissued on a comprehensive basis i.e. covering damage to your own vehicle or for Third Party only i.e. covering your legal liability for death, bodily injury or damage to property of members of the public.

5.PERSONAL ACCIDENT:
No value can be put upon our life nor can money comensate for the loss of a limp but a Personal Accident polisy can reieve the financial burden in the event of sucu injuries. It can also provide weekly benefits for temporarily total disablement or temporary partial disablemant. Whether you are an employer wishing to provide a degree of security for your staff or self employed and desirous of that added cushionin the event of your not being able to work Personal Accident policy is a must. This insurance can be taken as a Group Personal Accident Policy by an employer, wherein some discount is given. We provide Group Personal Accident Insurance for trekers, mountaineers and rafters.

6. BURGLARY:
Any person who has goods of any description contained in a building should protect such goods against theft. A Burglary Policy, in addition to covering the theft of contents from the premises, also incloudes damage caused by thieves to both contents and premises.

7. MONEY:
Most Business often have substantial amounts of money at risk whether it be the daily taking being carried to the bank, money for wages carried from the bank or money on the premises in alocked safe. A money policy is specifically designed to take care of this risk for you.

8. FIDELITY GUARANTEE:
Money and goods can also be at risk due to the dishonesty or fraud of your staff-fiddility policy insures against such losses.

9. PUBLIC LIABILITY:
Owners and occupiers of buildings can incur a legal liability to members of the public for death or bodily injury or damage to property araising from defects in the premises, operation of lifts and machinery or any other / aspects of the business. A public liability provides the necessary protection against such liability.

10. ENGINEERING:
Any major manufacturing process involves heavy investments in a plant and machinery and whereas a fire policy can cover loss or damage caused by fire and numerous other perils it does not cover sudden and unforeseen breakdown of the plant and machinery. Such breakdown can prove to be extremely costly requiring imporatation of parts and expert knowledge repair or reinstate. A machinery breakdown policy will cover such eventualities.

11. CONTRACTOR'S ALL RISKS:
The insurance against loss or damage to the contractor while constructing the buildings, bridges, damps, hydroelectricity plant etc., each covered by Contractor's All Risk policy. This insurance can also be extended to the third party liability of the Contractor duirng the construction period also.

12. AVIATION INSURANCE:
The Aviation Insurance covers the loss or damage to the airplane, (Hull Insurance)third party liability, passenger's legal liability, loss of license of the pilots etc.

13. MEDICAL INSURANCE:
At present, we are providing Hospital Indemnity Plan and Individual Hospital and Surgical Insurance and health insurance under the Medical Insurances.

14. TRAVEL MEDICAL INSURANCE:
The Overseas Mediclaims & Travel Insurance and the International Health Insurance are two different Travel Insurance Policies that we wre issuing which provides the compensation for the Hospitalizations and Mediacl expenses during travel to abroad.