What is Flexa in insurance?
Insurance against fire and other fortuitous events (FLEXA – fire, lightning, explosion, aircraft + EC – extended coverage, e.g. hurricane, flood, hail, vehicle impact, etc.), enumerating the covered risks.
Which risk is covered under standard fire and special perils policy?
The policy covers buildings as well as contents such as furniture/Fixtures/Fittings, Plant ɪmp; Machinery, Electrical fittings and stock. The standard coverage can be enhanced with Add-On covers (as mentioned below) on payment of additional premium.
What is rsmd?
Rigid spine muscular dystrophy (RSMD) is a form of congenital muscular dystrophy. Disorders in this group cause muscle weakness and wasting (atrophy) beginning very early in life. In particular, RSMD involves weakness of the muscles of the torso and neck (axial muscles).
What is RSMD cover in fire insurance?
The RSMD cover in Fire Insurance forms part of the Standard Covers in Bharat Sookshma Udyam Suraksha (BSUS) and Bharat Laghu Udyam Suraksha (BLUS) policies. This cover can not be deleted from coverage in these policies for a reduction in the premium.
What does RSMD stand for?
What does RSMD stand for? RSMD stands for Riot, Strike and Malicious Damage (insurance)
What are the dangers covered by RSMD?
Perils Covered: Fire Lightning Explosion / Implosion Aircraft damage Riot, Strike, Malicious damage (RSMD Perils) Storm, Tempest, Flood, Inundation, Hurricane, Cyclone, Typhoon and Tornado. Impact by any Rail/ Road vehicle or animal belonging to third parties Subsidence / Landslide including rockslide.