Bharat Laghu Udyam Suraksha Policy
Your Assets, Covered in a Snap!
Compare Multiple Insurers
Expert Risk Guidance
Quick Claim Support
Comprehensive Asset Coverage
Multi-location Protection
Affordable Premium Options
Your Assets, Covered in a Snap!
Compare Multiple Insurers
Expert Risk Guidance
Quick Claim Support
Comprehensive Asset Coverage
Multi-location Protection
Affordable Premium Options
The Bharat Laghu Udyam Suraksha Policy is a standard IRDAI-defined fire and property insurance plan designed for businesses with total asset values between ₹5 crore and ₹50 crore.
It protects your commercial property and assets — including buildings, machinery, furniture, and stock — against damages caused by fire, explosion, natural calamities, and other insured events.
Through BuyVima, you can compare policies from multiple insurers and select one that fits your coverage needs and budget.
The policy typically includes inbuilt covers for additions, alterations, or extensions; temporary removal of stocks; startup expenses; cost of debris removal; stocks on floater basis; specified contents; professional fees; and costs required by municipal regulations.
Eligible for all small and medium enterprises such as offices, hotels, restaurants, and shops.
When you purchase through BuyVima, you get unbiased comparisons and expert support:
Expert advisory to assess business risks and coverage needs
Comparison of multiple insurers offering relevant inbuilt covers
Claim assistance support for documentation and communication with insurers
Only licensed, financially strong insurers featured on the platform
Every business faces risks that can cause major financial setbacks. A single incident can destroy years of hard work.
A single fire incident can destroy years of business assets and inventory, causing devastating financial losses that may take years to recover from.
70% of businesses never recover from major fire incidents
Floods, storms, earthquakes, and other natural calamities can strike unexpectedly, leaving businesses vulnerable and operations completely halted.
Natural disasters cause ₹50,000+ crores in business losses annually
Without insurance, recovery costs can cripple your business permanently. Protect your ₹5-50 crore assets with comprehensive coverage that ensures business continuity.
Protect assets worth ₹5-50 crores with one policy
This policy is designed for businesses with assets between ₹5-50 crores. Find out if it's the right fit for your enterprise.
Shops, Warehouses & Offices
Protect your growing business assets with comprehensive coverage. Ideal for retail shops, warehouses, and office spaces seeking reliable protection.
Asset protection up to ₹50 crores
Quick claim settlement
Affordable premiums
Manufacturing & Retail
Safeguard your manufacturing setups, retail outlets, and production facilities with robust coverage that ensures business continuity.
Machinery & equipment coverage
Stock protection
Multiple location support
Multi-location Operations
Comprehensive protection for businesses with multiple locations or high-value equipment. Perfect for expanding enterprises.
High-value asset coverage
Floater basis for stocks
Professional fee coverage
Bharat Laghu Udyam Suraksha Policy helps safeguard your business assets, inventory, and infrastructure from unexpected fire-related losses and natural calamities. A well-chosen plan ensures financial security and supports quick recovery, so your operations stay uninterrupted.
Comprehensive protection for buildings, machinery, furniture, stock, and other business assets
Protection against multiple perils including storms, floods, theft, and other natural disasters
Compare plans and understand which insurer offers the most suitable coverage scope and premium
Below are standard inclusions and exclusions (as per IRDAI format). Actual coverage may vary by insurer, and BuyVima helps compare these details. Knowing the inclusions and exclusions ensures your business gets the right protection without unexpected gaps.
Fire
lightning
storm, cyclone, typhoon, tempest, hurricane, tornado, tsunami, flood and inundation
Forest fire, bush fire, jungle fire
Missile testing operations
Acts of terrorism
Bursting or overflowing of water tanks, apparatus and pipes
Theft within 7 days from the occurrence of and proximately caused by any of the above insured events
Explosion or Implosion
Earthquake
Subsidence of the land on which your home building stands, landslide, rockslid
Impact damage of any kind, i.e. damage caused by impact of, or collision caused by, any external physical object (e.g. vehicle, falling trees, aircraft, wall etc.)
Riot, strike and malicious damage
Leakage from automatic sprinkler installations
Documents commonly required by insurers include:
Proof of identity and address
Property ownership or valuation certificate
Building plan and asset details
Prior insurance policy (if applicable)
BuyVima guides you on insurer-specific document requirements before purchase.
FAQs About Bharat Laghu Udyam Suraksha Policy
BuyVima answers the most common queries to help you understand coverage before buying.