Industrial Insurance in India
Protect Your Industrial Operations from High-Impact Risks
Industrial businesses face complex and large-scale risks that can lead to severe operational and financial disruptions. From manufacturing plants to heavy machinery operations, a single incident can halt production and result in significant losses. At BTW IMF, we offer robust Industrial Insurance solutions designed to safeguard your plant, equipment, workers, and business continuity.
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What is Industrial Insurance?
Industrial Insurance is a specialized insurance policy that provides comprehensive coverage for manufacturing units, processing plants, power stations, warehouses, and other industrial establishments. It includes protection against fire, explosions, natural calamities, machinery breakdowns, third-party liabilities, and employee-related risks.
Whether you operate in heavy engineering, chemicals, textiles, or food processing, industrial insurance helps reduce financial exposure and ensures compliance with safety norms and legal regulations.
Get a Custom Industrial Insurance Plan
Let BTW IMF help you secure your production line, employees, and infrastructure with industry-grade insurance solutions. Request a callback or schedule a consultation with our industrial insurance experts today.
Key Coverages Offered in Industrial Insurance
- Standard Fire and Special Perils Insurance : Covers your plant and inventory against fire, explosion, lightning, storm, flood, earthquake, and other natural and man-made perils.
- Machinery Breakdown Insurance : Provides compensation for sudden and unforeseen physical damage to machinery due to breakdown or internal defects. Essential for industries with high machinery dependency.
- Boiler and Pressure Plant Insurance : Protects against accidental damage to boilers and pressure vessels used in manufacturing processes, including third-party liability due to explosion.
- Electronic Equipment Insurance : Covers damage to electronic systems such as PLCs, CNC machines, servers, and industrial control panels.
- Workmen’s Compensation Insurance : Mandatory under Indian labour laws, it provides coverage for worker injuries, disability, or death during duty. Includes medical costs and legal expenses.
- Industrial All Risk Insurance (IAR) : A comprehensive cover that combines property damage, business interruption, and machinery breakdown under a single policy for medium to large industrial units.
- Public Liability and Product Liability Insurance : Protects your business against legal claims from third parties due to industrial operations or defective products causing injury or property damage.
- Business Interruption Insurance : Ensures compensation for loss of income and fixed operational expenses due to partial or total shutdown from insured perils.
Why Choose BTW IMF for Industrial Insurance?
- Customized Policies for Industrial Needs : We assess your plant size, industry type, and risk exposure to create a policy that fits your specific requirements.
- Expert Risk Assessment Support : Get guidance from insurance professionals who understand industrial safety standards, compliance, and risk mitigation.
- Partnerships with Leading Insurers : We work with top IRDAI-approved insurance companies in India to ensure reliable and long-term protection.
- Claims Assistance and Documentation Support : From claim filing to final settlement, our team supports you at every step with complete transparency.
Industries We Serve
- Engineering and Manufacturing Plants
- Power and Energy Projects
- Food Processing Units
- Chemical and Pharmaceutical Industries
- Textile and Apparel Factories
- Construction and Infrastructure Firms
- Metal and Mining Industries
If your business operates large-scale equipment, employs workers on-site, or handles high-value production, industrial insurance is a must-have.
Ready to insure your Industrial Insurance? Contact us today at BTW IMF
and let us find the best plan for you!
Frequently Asked Questions (FAQs)
Yes. IAR provides broad coverage under a single policy, reducing administrative effort and offering seamless protection for large units.
Yes, both leased and owned premises can be insured. You can also cover tenant improvements and fixtures.
Yes, it’s legally required for employers to cover workplace-related injuries and fatalities under the Workmen Compensation Act.
Typically, loss reports, FIR (if applicable), photographs, invoices, maintenance records, and insurance policy copies are required. BTW IMF will guide you through the full checklist.