Key Considerations When Choosing Factory Insurance
Comprehensive Coverage
Ensure the policy covers buildings, machinery, raw materials, stock, and third-party liability.
Understanding Exclusions
Check for exclusions like wear and tear, intentional damage, or preexisting conditions.
Claim Settlement Process
Choose an insurer with a transparent, hassle-free claims process for faster recovery.
Risk Management Strategies
Implement safety measures like fire systems, surveillance, and employee training to reduce risks and premiums.
Read More