Secure commercial assets against a wide range of perils and risks

We understand the range of perils that your assets are exposed to

Property insurance is very broad and may include loss due to fire, transit, burglary/theft, fidelity (employee dishonesty), machinery breakdown for a variety of assets from building, furniture and fixtures, goods in warehouse, money, machinery among others. The buying process is complicated by the fact that for the same risk, covers and add ons as well as insurance premium can differ across the market. We assist in determining various loss scenarios and risk mitigation covers.

Customized Cover to Suit Your Requirements

At Bluerarmour, we believe that every risk is unique and work with you to understand the expectations from the insurance cover and the perils to be covered. Our team works with you to customize policy wordings and terms to ensure that the policy is able to work for you and give you the flexibility that you need.

Cover for Asset damage and more…

Add on covers for business interruption/consequential loss of profit can also insure against loss of profit due to damages claimed under some property insurance policies.


What are the different types of property insurance?

(A) Property: Covers damages to physical assets owned by the insured against perils mentioned in the policy. The same can be a standalone policy or a package cover depending upon the requirements

Fire and Special Perils Policy

Miscellaneous cover for insurance other than fire, marine and motor. These include burglary insurance, money insurance and fidelity insurance

Motor Fleet Insurance

Engineering Asset Insurance: Cover for Contractor Plant and Machinery (CPM), Electronic Equipment Insurance (EEI), Boiler and Pressure Plant (BPP), Machinery Breakdown (MBD).

Pre-designed package policies for specific categories such as for offices, factory and warehouse etc.

(B) Engineering Insurance: Covers damage during storage, assembly/erection, testing and commissioning stage of a project. Can also include an add on cover for delays

Contractor All Risk Insurance (for civil engineering projects)

Erection All Risk (EAR) Insurance (for erection of a single machinery to a large manufacturing unit)

These are covered in more detail under the respective sections

These are covered a bit more in detail under the corresponding sections. At Blue Armor, we can tailor any of the above or a combination of these products based on the risks that you are trying to cover.

What are the typical exclusions under property and engineering insurance?
Typically, war, nuclear threats, regular wear and tear of the asset, willful negligence, faulty design, among others are exclusions. It may be noted that policy terms and conditions, premium can vary significantly across insurers for the same risk. Often, a combination of products is needed for effective risk mitigation of property and engineering assets. Blue Armour Insurance Brokers can advise you coverage terms as well as premium rates across the process.

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Direct Broker (General), IRDA License No 728 (Valid upto 25th August, 2023), Bluearmour Insurance Brokers Private Limited, CIN: U66000HR2019PTC084231