Plate Glass Insurance

This policy covers accidental breakage of plate glass, fixed to display windows, or showcases of commercial establishments. This policy is ideally suited for all business establishments that have plate glass installed to enhance their visual and aesthetic appeal like showrooms, shopping complexes, restaurants, hotels, theatres, stadiums, etc.

Scope

This Policy indemnifies the Insured in respect of:

• Any Accidental loss of or damage caused to Plate Glass at the Insured Premises occurring during the Policy Period.
• Cost of erecting any temporary boarding necessitated by such loss or damage to Plate Glass.

Benefits

The policy provides you with the following benefits:

• Replacing lettering, sign-writing, or ornamentation affixed to the broken Plate Glass.
• Replacing burglar alarm tape or wiring affixed to the broken Plate Glass.
• Replacing shatter-resistant or reflective film affixed to the broken Plate Glass.
• Replacing damaged window frames, but with due allowance for wear and tear.
• It covers the cost of making good accidental breakage of insured glass by any reason whatever, except those that are specifically excluded
• It also protects loss or damage to ornamental, embossed, lettered, or stained plate or sheet glass

Add on Cover

• Terrorism
• Riot
• Strike
• Malicious Damage

Exclusions

• Damage caused by fire, explosion, gas, and heat
• Damage caused by Act of God perils like flood, earthquake, storm, etc
• Damage due to war and nuclear perils, terrorism, riot, strike
• Breakage or damage during removal, alterations, and/or repairs in or about the premises
• Loss or damage due to glass not being completely and securely fixed
• Breakage of lettering without the breakage of glass itself
• Breakage of a silvered letter, curved, embossed, and ornamental glass and frames, not declared specifically
• Disfiguration or scratching or damage of glass other than fracture, extending through the entire thickness of the glass
• Loss or expense resulting from or arising from or consequential loss
• Any loss or damage arising from the interruption of or delay in the Insured's business during the time intervening between the occurrence of any breakage and reinstatement of such Glass
• Damage to frames
• Cracked or imperfect glasses.

Claim Process

In the event of loss, the following are immediate actions to be taken
To intimate to the insurer the occurrence of loss, submit a full statement in writing of the claim, provide the nature and extent of loss, and also the estimate of loss. Any delay in intimation might jeopardize the claim as the insurer may express an inability in accepting liability of the loss/damage.

• To take all steps to reduce and minimize the extent of loss/damage and liability.
• The proximate cause of the loss and assess the type/extent and whether it is within the scope of the policy.
• To extend full co-operation to the insurer and the surveyor appointed for completion of the survey work and proper assessment of the loss.
• Produce all such records and proof as may be required by the surveyor or the
• The insurer for arriving at the extent of loss and the liability under the policy.
• Provide documents such as claim form, claim bill, copy of Policy, etc.
• Keep the damaged property under the safe custody until advised by the surveyor/insurer regarding its disposal.
• Identification of the subject-matter insured.