Novo Insurance proudly partners with the Vijayawada Sunrisers as a Co-Sponsor for APL 2025. Our commitment to security mirrors their passion for victory.
Explore tailored coverage for your needs
Find specialized insurance solutions
Comprehensive policies for complete peace of mind
A health insurance policy that provides medical coverage to a group of employees and their dependents under a single master policy.
An accident policy that offers financial compensation in the event of death, disability, or injury of employees due to an accident.
A life insurance policy that pays a lump-sum benefit to an employee’s nominee in the event of their death during the policy term.
Mandatory insurance that covers legal liability of an employer for injury, disability, or death of a worker during the course of employment.
Standardized fire insurance policies mandated by IRDAI for small (BLUS) and micro (BSUS) enterprises with asset value up to â‚ą5 crore and â‚ą50 crore respectively.
A traditional property insurance policy that covers damage to business assets caused by fire and a wide range of specified natural and man-made perils.
All-inclusive insurance plans for large industrial undertakings, combining fire, burglary, accidental damage, machinery breakdown, and business interruption under one policy.
A bundled insurance policy covering small and mid-sized office setups against fire, burglary, breakdowns, and liability risks under one plan.
A modular insurance plan offering comprehensive protection for commercial establishments by combining fire, burglary, liability, and operational risks into one policy.
This is a standardized home insurance policy mandated by IRDAI that provides protection to homeowners for their residential buildings and household contents against fire, natural calamities, and other specified perils.
A comprehensive, customizable insurance policy that protects both the structure and contents of your home against multiple risks including fire, burglary, liability, and accidents.
EAR covers risks associated with the erection, installation, and testing of electrical, mechanical, and heavy industrial equipment at project sites.
CAR is a comprehensive insurance solution for civil construction projects, covering physical damage and third-party liabilities during construction.
This combined policy covers transit risks (marine inland or overseas) and the subsequent erection/installation risks at the project site.
CPM insurance covers heavy construction equipment and machinery used at project sites, whether working or at rest.
This policy provides coverage for sudden and unforeseen physical damage to fixed machinery and plant during operations in industrial premises.
This policy provides cover for boilers and pressure vessels against explosion risks during operation, including third-party damage and legal liability.
EEI covers loss or damage to sensitive electronic devices such as servers, computers, medical equipment, or communication systems.
Also known as a Single Transit Policy, this covers one-time movement of goods from a specific origin to a specific destination — within India or internationally.
A formal insurance policy that provides ongoing protection for all shipments within a defined limit and period — similar to Open Cover but issued as a policy with set limits and automatic coverage.
STOP is a marine-cum-storage insurance product that covers all movement and incidental storage of goods, based on a company's annual sales turnover instead of specific transits.
A comprehensive liability policy that protects businesses from third-party claims of bodily injury, property damage, and personal injury arising out of business operations.
This policy covers legal liability arising out of defects in products that cause bodily injury or property damage to third parties.
Product Recall Insurance covers the costs incurred by a company when it must recall a defective or dangerous product from the market due to the risk it poses to consumers, regulatory action, or reputational harm.
Covers professionals against claims arising from errors, omissions, or negligence in the discharge of their professional duties.
A form of professional indemnity designed for service providers and consultants, especially in IT, media, finance, and marketing.
Covers directors and officers of a company against personal liability arising from wrongful acts in their managerial capacity.
Protects organisations from financial losses arising from cyber-attacks, data breaches, and regulatory fines.
Provides coverage for financial losses resulting from acts of dishonesty, theft, fraud, or embezzlement by employees or third parties.
A mandatory insurance under the Public Liability Insurance Act, 1991, for companies handling hazardous substances to cover third-party injury or property damage.
A broader public liability cover designed for industrial and large commercial establishments, beyond the statutory Public Liability Act policy.
A specialised D&O cover taken when a company is going for IPO, FPO, rights issue, or private placement — to cover liabilities arising from misstatements in offering documents.
W&I insurance covers losses arising from breaches of warranties or representations in mergers and acquisitions (M&A) transactions.
Clinical Trials Liability (CTL) Insurance protects the sponsor, investigator, and trial site from legal liability arising out of injuries or harm caused to participants during the conduct of clinical trials.
Fidelity Guarantee Insurance protects an employer from direct financial loss caused by dishonest acts of employees such as theft, embezzlement, or forgery.
K&R Insurance provides financial protection and crisis response support to individuals and organizations facing threats like kidnapping, extortion, or illegal detention, especially in high-risk zones.
Structuring and placement of proportional (quota share/surplus) and non-proportional (excess of loss) treaties across P&C and specialty lines.
Tailor-made facultative placements for large or high-risk exposures, across fire, engineering, liability, marine, aviation, and specialty classes.
Arranging reinsurance of reinsurance portfolios to diversify and protect reinsurers' capital.
Solutions for agriculture, cyber, credit & surety, D&O, energy, catastrophe, and parametric covers — with access to Lloyd’s and global markets.
A bond that guarantees the bidder will honor their bid and sign the contract if awarded.
A bond that guarantees the contractor will perform the project as per the agreed terms, timelines, and quality standards.
This bond guarantees that the contractor will properly use the advance payment made by the project owner and will refund it if contractual obligations are not met.
A bond that guarantees the contractor will fix defects or maintenance issues that arise within the defect liability period post-handover.
A bond provided in lieu of cash retention (usually 5–10%) that guarantees the contractor will fulfill post-completion obligations.
Credit Insurance protects businesses against non-payment or delayed payment by buyers (domestic or export), due to insolvency or political risk.
Covers financial loss due to disruption or cancellation of film or TV production caused by accidents, weather, equipment failure, or cast-related issues.
Aviation Insurance covers aircraft hull (own damage) and legal liability to third parties, passengers, and cargo during operations.
Covers loss or damage to drones and legal liability arising from drone operations.
Parametric Insurance pays out a fixed amount when a pre-defined event threshold (like rainfall, temperature, or earthquake magnitude) is met — no physical loss assessment required.
Event Insurance provides financial protection against losses arising from unforeseen incidents such as cancellation, property damage, or third-party liabilities during an organized event.
Crop Insurance compensates farmers for crop loss or damage due to natural calamities, pests, or weather fluctuations.
Covers the death or disability of livestock (e.g., cows, buffaloes, poultry) due to accident, disease, or natural calamity.
Covers fish farmers from financial loss due to mortality of fish stock caused by diseases, pollution, oxygen depletion, or natural calamities.
A basic and mandatory policy that covers financial liability arising due to damage, injury, or death caused to a third party by the insured vehicle.
A complete policy offering financial protection for own vehicle damage, third-party liabilities, theft, fire, and natural disasters.
A policy specifically covering damage to the insured vehicle due to accidents, natural or man-made calamities, and theft.
