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Contractor's all risk insurance for construction, Elite seriesSample

by Madurai Advisory (Sample) · verified by BARREL

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Ordered and invoiced through BARREL — one contract, one GST invoice.

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Madurai Elite contractor's all risk insurance for construction, offered in 3 sum insured options from INR 50 lakh to INR 5 crore. Design: policy wording reviewed for project risks, annual renewal management and endorsements for scope changes. Used by importers and exporters, solar and wind EPC and developers meeting lender conditions. Delivered in line with Insurance Act 1938, IRDAI Regulations and Institute Cargo Clauses. Mobilisation Quote in 2-3 days; serves East & North-East India. Sample listing: illustrative data for testing BARREL Shop, not a real offer.

Brand
Madurai
Model
MAD-D44 series
Listing type
Service
Unit
job
Minimum order
1 job
Lead time
Quote in 2-3 days
Warranty
Claims support included
Standards
Insurance Act 1938, IRDAI Regulations, Institute Cargo Clauses
Delivers to
East & North-East India
GST rate
18 %
Country of origin
India
Delivery terms
Site mobilisation as per work order
Returns
Re-work of defective scope at no cost
Other terms
Sample data for testing; not a real offer.

Variants

VariantSpecificationsMin. order · lead timePrice, ex GST
Sum insuredINR 50 lakhMAD-D44-01Sum insured: INR 50 lakh1 job · Quote in 2-3 dayson quote
Sum insuredINR 1 croreMAD-D44-02Sum insured: INR 1 crore1 job · Quote in 2-3 dayson quote
Sum insuredINR 5 croreMAD-D44-03Sum insured: INR 5 crore1 job · Quote in 2-3 dayson quote

Specifications

Sum insuredINR 50 lakh to INR 5 crore (see variants)
Policy typeCAR
CoverNamed perils
TerritoryImport and exportmade to order: Door to door in India
PeriodProject duration plus maintenancemade to order: Single voyage
Deductible0.5% of loss
Third-party limitINR 1 croremade to order: INR 5 crore
Add-onsStrike, riot and terrorism
Claims supportSurveyor coordination
InsurersPanel of public and private insurers
DocumentsInvoice, packing list, contract

BARREL: Bharat Atom Renewable Resources Energy Limited