Novo Insurance - Professional Insurance Services

Bharat Sookshma Udyam Suraksha (BSUS) and Bharath Laghu Udyam Suraksha

Type: Corporate Insurance | Category: Fire and Burglary Insurance

Policy Details

Learn more about the Bharat Sookshma Udyam Suraksha (BSUS) and Bharath Laghu Udyam Suraksha policy.

Bharat Sookshma Udyam Suraksha (BSUS) and Bharath Laghu Udyam Suraksha

Description

Standardized fire insurance policies mandated by IRDAI for small (BLUS) and micro (BSUS) enterprises with asset value up to ₹5 crore and ₹50 crore respectively.

What is This Policy?

BLUS and BSUS offer easy-to-understand fire protection for MSMEs with the flexibility to add burglary and terrorism cover. Ideal for small warehouses, traders, and retail outlets.

What is Covered

These policies protect your building, stock, plant & machinery, and business contents from fire, lightning, explosion, flood, storm, riot, strike, and other specified perils. You can add burglary insurance to cover losses due to theft or forcible entry, and terrorism insurance for protection against politically motivated damage.

Who Should Buy

Micro, small, and seasonal businesses, Warehouses, shop owners, local manufacturers, Anyone with assets below ₹5 crore (BSUS) or ₹50 crore (BLUS)

Key Features

  • Covers fire and 12 named perils (e.g., flood, storm, riot)
  • Pre-defined wordings and limits for ease of understanding
  • Burglary cover can be added as an optional extension
  • Terrorism cover available on request
  • Quick issuance and simplified documentation

Get in Touch

Request a free consultation for the Bharat Sookshma Udyam Suraksha (BSUS) and Bharath Laghu Udyam Suraksha policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com