Bharat Laghu Udyam Suraksha (BLUS) is a available in India that provides coverage to SMEs and MSMEs against a broad scope or risks like fire, explosion, natural calamities, and terrorism, among many others.
You can purchase a BLUS policy if your business’s total insurable assets at any one location are more than ₹5 Crore but less than ₹50 Crore
Building and attached structures like:
Plant and Machinery including:
Stock of goods or merchandise including:
Other Assets like:
Fire, Lightning, Explosion & Aircraft damage
Earthquake, Landslide or Volcanic eruption
Riots, Strikes & Malicious damage
Missile testing operations
Theft within 7 days of a covered event
Forest fire, Bush-fire
Storm, Tempest, Flood or Inundation
Impact or Collision damage by an extenal object
Acts of Terrorism (in accordance with the Terrorism Clause)
Leakage from automatic sprinker installations
Protection For All Assets
It covers everything from your building and structures, to your machinery and stock, and to your office equipment under one policy.
Comprehensive Risk Coverage
It offers safety from an exhaustive range of risks and perilous events, including terrorism and natural disasters
It offers many in-built covers for no extra premium. These include start-up expenses, professional fees, costs compelled by municipal regulations, movable stocks, and much more.
Learn about Bharat Laghu Udyam Suraksha (BLUS) in detail HERE
If your business’s total insurable assets at any one location are worth more than ₹50 Crore or less than ₹5 Crore , you may want to consider opting for a Standard Fire and Special Perils (SFSP), or a Bharat Sookshma Udyam Suraksha (BSUS) Insurance policy!