Policy snapshot
A bundled insurance policy covering small and mid-sized office setups against fire, burglary, breakdowns, and liability risks under one plan.
What is Office Package Policy?
The Office Package Policy offers holistic protection for your office space, with options to include burglary and terrorism risks. Perfect for service-based and digital businesses.
What can it cover?
- The policy protects office infrastructure and contents against fire, lightning, short-circuiting, accidental damage, and burglary. It can be extended to cover theft, terrorism, loss of money in transit, third-party liability, and personal accident for staff—making it a one-stop solution for office risk management.
Who should consider it?
- IT companies, law firms, consulting offices, Startups, coworking spaces, design studios, Any office-based business with valuable equipment and sensitive documents
Key features to understand
- {"heading": "Key Features", "bullets": ["Covers fire, electronic equipment, theft, and employee accident", "Burglary and theft can be included or enhanced", "Optional terrorism cover available", "Suits both owned and rented office premises", "Covers documents, data, money in transit, and more"]}
What deserves attention before you buy?
Coverage, exclusions, sub-limits, deductibles, waiting periods, warranties and underwriting can vary between insurers and policy versions. The policy wording and schedule remain the definitive contract. Novo can help you review the relevant terms for your requirement.
Read the wording, not just the brochure
The schedule and policy wording determine the actual contract.
Compare meaningful differences
Look at exclusions, limits, deductibles, conditions and claim requirements—not premium alone.
Think beyond purchase
Servicing and claims-related support can matter as much as placement.