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Speciality Insurance

Speciality insurance can be purchased for areas of business or items that are special or unique. It is important for areas not typically covered under other insurance policies.

Directors and Officers Insurance

  • A director or officer of a company is personally liable to its shareholders, employees and various regulatory authorities. This cover protects them from such liability.

Title Insurance

  • This insurance protects you from third party claims against defects in the titles of real property and from the invalidity or unenforceability of mortgage loans. Allianz steps in to compensate them for any loss suffered in such situations. There are two type of policies available.

Mortgagor’s Policy

This cover is available to bank and/or other lending institutions on the title of a prospective buyer to a particular land.

Owner’s Policy

The cover is available for the owner of a land who would like to protect his rights and secure his land.

Credit Insurance

  • As a businessman, you face risk on a daily basis, some of which could seriously affect your profitability. One of your main worries is that your clients may not meet your bills. With Allianz as your partner, you are protected from this risk. If an insured client has not paid you after a certain period (known as the ‘waiting period’), Allianz reimburses you, the policyholder, upto 90% of the insured’s debt. The policy specifies the risks covered, and typically excludes secured transactions, consumer credit, inter-company transactions and long-term risk.
  • You also have the benefit of support and reinsurance provided by Euler Hermes, the world’s largest credit insurance company, also a member of the Allianz Group. In our credit insurance business, Allianz benefits substantially from the global reach, technical and marketing support and reinsurance of Euler Hermes, and we are happy to pass on these benefits to you.

Event Cancellation Insurance

  • Events are often cancelled for many and varied reasons. This could result in financial losses arising from irrecoverable expenses. We safeguard you from the devastating effects of such losses.

SearchWould you like to purchase Speciality Insurance ? Or simply learn more?

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