Swathi Arbl Projectjkjkfj

REDUCTION OF INSURANCE COST
INTRODUCTION TO FINANCIAL MANAGEMENT:

MEANINIG OF FINANACE:
Finance is the science of funds management. Finance includes saving money and
often includes lending money. The field of finance deals ith the conce!ts of time" money and
#is$ and ho they a#e inte##elated. It also deals ith ho money is s!ent and %udgeted.
Finance is #elated to money and money management. Incidentally" it is also #elated to the
inflo and outflo of funds. In vie of the fact it is the life %lood of economic activity.
FINANCIAL MANAGEMENT:
Financial management mainly involves #ising of funds and thei# effective utili&ation
ith the o%'ective of ma(imi&e sha#eholde#s ealth.
Financial management is an o!e#ational activity of a %usiness that is #es!onsi%le fo#
o%taining and effectively utili&ing the funds necessa#y fo# efficient o!e#ations.
Financial management is conce#ned ith the ac)uisition" financing and managing the
assets of the o#gani&ations.
Financial management is the !#ocess of managing the financial #esou#ces" including
accounting and financial #e!o#ting" %udgeting" collecting accounts #eceiva%le" #is$
management" and insu#ance fo# a %usiness.
The financial management system fo# a small %usiness includes %oth ho you a#e
financing it as ell as ho manage the money in the %usiness.
FINANCIAL FUNCTIONS:
It may %e difficult to se!a#ate the finance functions f#om !#oduction" ma#$eting and othe#
functions" %ut the functions themselves can %e #eadily identified. Financial functions include*
+ong te#m asset mi( o# investment decisions
Ca!ital mi( o# financing decisions
,#ofit allocation o# dividend decisions
-.C.R.INSTITUTE OF .ANA/E.ENT STUDIES
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Sho#t te#m asset mi( o# li)uidity decisions
FINANCIAL GOALS:
The fi#m0s investment and financing decision a#e unavoida%le and continuous. In o#de#
to ma$e the #ationally" the fi#m must have a goal. The folloing a#e the goals.
,#ofit ma(imi&ation
1ealth ma(imi&ation
.a(imi&ing ea#ning !e# sha#e
MEANING OF INSURANCE:
Insu#ance is a !olicy f#om a la#ge financial institution that offe#s a !e#son" com!any" o#
othe# entity #eim%u#sement o# financial !#otection against !ossi%le futu#e losses o# damages.
Insu#ance is legal contact %eteen to !a#ties. 1he#e %y one !a#ty" called the 2Insu#e#
o# the insu#ance com!any3. Unde# ta$es to com!ensate the othe# !a#ty called the 2Insured 2fo#
any loss o# damage suffe#ed %y the latte#" in conside#ation of !ayment of 2!#emium3 fo# a
ce#tain !e#iod of times is $non as 2Insurance.
Every veic!e "n #e r"ad is c"vered $y %"#"r insurance as i# is a %anda#"ry
re&uire%en#3. A sim!le e(am!le ill ma$e the meaning of insu#ance easy to unde#stand. A
%ic$e# as alays su%'ected to the #is$ of head in'u#y. 4ut it is not ce#tain that the accident
causing him the head in'u#y ould definitely occu#.Still"!eo!le #iding %i$es cove# thei# heads
ith helmets in such cases acts as insurance %y !#otecting him'he# f#om any !ossi%le dange#.
The !#ice !aid as the !ossi%le inconvenience o# act of ea#ing the helmet. This e)uivalent to
the insu#ance !#emiums !aid.
DEFINITION OF INSURANCE:
In la and economics" insu#ance is a fo#m of #is$ management !#ima#ily used to hedge
the #is$ of a contingent" unce#tain loss. Insu#ance is defined as the e)uita%le t#ansfe# of the #is$
of a loss" f#om one entity to anothe#" in e(change fo# !ayment. An insu#e# is a com!any selling
the insu#ance5 an insu#ed o# !olicyholde# is the !e#son o# entity %uying the insu#ance !olicy. The
insu#ance #ate is a facto# used to dete#mine the amount to %e cha#ged fo# a ce#tain amount of
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insu#ance cove#age" called the !#emium. Ris$ management" the !#actice of a!!#aising and
cont#olling #is$" has evolved as a disc#ete field of study and !#actice.
Insu#ance can %e define as the !#ocess of #eim%u#sing o# !#otecting a !e#son f#om
contingent #is$ of losses th#ough financial means" in #etu#n fo# #elatively small" #egula#
!ayments to the insu#ing %ody o# insu#ance com!any.
Insu#ance is the !ooling of fo#tuitous losses %y t#ansfe# of such #is$s to insu#e#s" ho
ag#ee to indemnify insu#eds fo# such losses" to !#ovide othe# !ecunia#y %enefits on thei#
occu##ence" o# to #ende# se#vices connected ith the #is$.
INSURANCE ACT:
6The 2Insu#ance Regulato# and Develo!ment Autho#ity3 2Act 788839.
It also aims to amend the insu#ance 2Act 78:;3. The +ife Insu#ance Co#!o#ation 2Act 78<=3
in o#de# to end the .ono!oly of the 6+IC9 fo# +ife Insu#ance %usiness and /ene#al Insu#ance
Co#!o#ation and its su%sidia#ies fo# gene#al insu#ance %usiness.
T()ES OF INSURANCE:
Insu#ance can %e classified as eithe# !#ivate o# gove#nment insu#ance. ,#ivate
insu#ance includes life and health insu#ance and !#o!e#ty and lia%ility insu#ance. /ove#nment
insu#ance includes social insu#ance !#og#ams and all othe# gove#nment insu#ance !lans. Thus"
the ma'o# ty!es of insu#ance" %oth !#ivate and !u%lic" can %e classified as follos*
)RI*ATE INSURANCE:
i. +ife and health insu#ance
ii. ,#o!e#ty and lia%ility insu#ance
GO*ERNMENT INSURANCE:
i. Social insu#ance
ii. Othe# gove#nment insu#ance
CONCE)ET OF T+E INSURANCE COST REDUCTION:
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.ARINE INSURANCE
>EA+T> INSURANCE
REDUCTION OF INSURANCE COST:
>o does the o#gani&ation gain advantage du#ing times of economic tu#moil0s this
)uestion is u!!e#most in the minds of %usiness leade#s today. Th#ough ou# Accentu#e #esea#ch"
e $no high !e#fo#mance %usinesses act decisively at all times and ta$e advantage of
focused g#oth o!!o#tunities. They also !#actice #a!id and sustained cost management
!#inci!les to gene#ate cash flo and #einvested a !o#tion of that %ac$ into thei# %usiness to
su!!o#t g#oth and othe# st#ategic initiatives.
In an unce#tain economy" #educing cost )uic$ly ithout sloing g#oth is a f#ont ?
and@cent#e issue that ma$es #a!id and sustained cost management a c#itical st#ategy fo#
com!anies dete#mined to succeed du#ing afte# an economic slodon. Accento#0s a!!#oach is
to focus on to $inds of initiatives* those that d#ive o!e#ating advantage and those that d#ive
st#uctu#al advantage.
4usiness folloing a disci!lined" analytical d#iven cost #eduction a!!#oach
out!e#fo#ms thei# !ee#s in #evenue g#oth" !#ofita%ility" cash flo and total #etu#n to
sha#eholde#s" and the sustained and inc#ease thei# ma#$et leade#shi! ove# time.
,olicy of cutting cost to im!#ove !#ofita%ility. It may %e im!lemented hen a com!any
having a financial !#o%lems and must 2tighten its %elt3. In some cases" the fi#m is initiating a
!olicy to eliminate aste and inefficiency. A cost #eduction !#og#am may det#act f#om the
)uality of ea#nings hen significant cuts a#e made in disc#etiona#y costs.
>o to #educe insu#ance cost*
Negotiations
4iddings
,#emium #eduction
Ta$ing safety measu#es
A!!#oved t#ans!o#te#s
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>andling ca#e fully
Using innovations and mode#n methods fo# loading and unloading.
Ris$ facto#y
-aluation of assets
INDUSTR( )ROFILE
INTRODUCTION:
This cha!te# deals ith indust#y !#ofile hich gives a%out the info#mation #ega#ding the
%atte#ies and its #elated !#oducts" cha#acte#istics and in hich secto# these a#e useful. A %atte#y
is an elect#ochemical device in hich the f#ee ene#gy of chemical #eactions is conve#ted into
the elect#ical ene#gy.
The chemical ene#gy contained in the active mate#ials is conve#ted into elect cal ene#gy
%e means of elect#ochemical o(idation@#eduction #eaction.
+O, A -ATTER( ,OR.S:
1hen you !lace the $ey in you# ca#0s ignition and tu#n the ignition sitch to 2ON3 a
single is sent to the ca#0s %atte#y. U!on #eceiving this signal the ca# %atte#y ta$es ene#gy that it
has %een st#ong in chemical fo#m and #eleases it as elect#icity. This elect#ic !oe# is used to
c#an$ the engine. The %atte#y #eleases ene#gy to !oe# the ca#0s lights and othe# accesso#ies. It
is the only device" hich can sto#e elect#ical ene#gy in the fo#m of chemical ene#gy" and hence
it is called as a st#ong %atte#y.
SEALED MAINTENANCE FREE /SMF0 -ATTERIES:
Sealed maintenance f#ee 6S.F9 %atte#ies technologies a#e loading the %atte#y indust#y
in #ecent yea# in automo%ile and indust#ial secto# a#ound the glo%e.
S.F %atte#y come unde# the #echa#gea%le %atte#y catego#y so is can %e use a no. of time in the
life of a %atte#y0s %atte#ies a#e mo#e economical than nic$el cadmium %atte#ies .these %atte#ies
a#e mo#e com!act than the est ty!e %atte#ies. It can %e use at any !osition5 these %atte#ies a#e
ve#y !o!ula# fo# !o#ta%le !oe# #e)ui#ements and s!ace const#aint a!!lication.
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*ALUE REGULATED LEAD ACID /*RLA0 -ATTERIES:
-R+A %atte#ies a#e lea$ !#oof" s!ill@!#oof and e(!losion ? #est#ict and having life
du#ation of 7A@=B yea#s. These %atte#ies ithstand the envi#onmental conditions due to high
technology" in %uilt in the %atte#ies. Each cell is housed in a !oe# coated steel t#ay ma$ing
them convent t#ans!o#t and installation0s t#ansit damages a#e minimi&ed in cases of %atte#ies.
Sealed maintenance f#ee 6S.F9 %atte#ies and value #egulated lead acid 6-R+A9 %atte#ies
technology a#e leading the %atte#ies indust#ies in #ecent yea#s. In auto mo%ile and indust#ial
%atte#y secto# a#ound the glo%e -R+S %atte#ies have %ecome the !#efe##ed choice in va#ious
a!!lications such as uninte##u!ted !oe# su!!ly" eme#gency lights" and secu#ity systems and
eighting scales.
CLASSIFICATION OF -ATTERIES:
4atte#ies a#e %#oadly classified into to segments li$e*@
Automotive %atte#ies
Indust#ial %atte#ies
AUTOMOTI*E -ATTERIES:
A!a#t f#om mo!eds all othe# automo%iles including need sto#age %atte#y0s automotive
%atte#ies a#e !laying !#e?dominant #ole in automo%ile secto# %y influencing custome#s in the
automo%ile ma#$et. Automo%ile %atte#ies can %e fu#the# distinguished as the o#iginal
e)ui!ment 6OE9 ma#$ets as lo as A@CD.OE segment has the advantage of secu#ing
continuous o#de# and in )ue#ies. This ena%les manufactu#es to st#eamline !#oduction facilities"
!lan !#oduction schedules and attain ce#tain level of o!e#ational efficiency.
The #e!lacement ma#$et" on the othe# hand" is much la#ge#. The #e!lacement ma#$et is
cha#acte#iesed %y the !#e sense of la#ge uno#gani&ed secto#" hich constitutes a#ound AA@CBD
of the total #e!lacement ma#$et. This is !ossi%le due to lo ca!ital ent#y %a##ie#. These !laye#s
have the advantage of in a!!lica%ility duties.
INDUSTRIAL -ATTERIES:
The indust#ial %atte#y segment com!#ises of to main catego#ies. One com!#ise of the
2stationa#y segment 2and second #elating to3 motive !oe# and eclectic vehicles3. The motive
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!oe# and the elect#ic vehicle segment com!#ising of telecom" #ailays and !oe# indust#ies
have #egiste#ed a g#oth In e(cess of =BD and this t#end is li$ely to continue in the ne(t five
yea#s.
The Indust#ial segment is highly technological intensive and access to high )uality
o#ld@class technology is an im!o#tant facto# and is vital fo# %#and #efe#ence. The total
demand fo# the indust#ial %atte#y segment is met %y indigenous !#oduction ith small saves of
a%out 7BD %y im!o#ts. The demand fo# indust#ial %atte#ies has g#on sloly and steadily. All
fo# as indust#ial %atte#ies a#e conce#ned the evolving consciousness among Co#!o#ate and
/ove#nment de!a#tments #ega#ding envi#onment facto#s ill #esult in a shift toa#ds
!ollution@f#ee technology. The#e has %een a !#efe#ential shift in this segment f#om the
Conventional +ead %atte#ies to sealed maintenance f#ee %atte#ies 6S.F9. The %ull of %atte#y
indust#y admits that the sales a#e fallen %ut at the same time they a#e e(!ecting la#ge# o#de#s
es!ecially f#om telecom indust#y" hich gets going. Due to st#ong custome#s li$e telecom"
#ailays and elect#icity %oa#ds" the indust#ial %atte#ies a#e on !#os!e#ous scale
)ORTA-LE )O,ER S(STEM:
,o#ta%le !oe# system offe#s the convenience of Alte#nating Cu##ent 6AC9 !oe#.
1heneve# utility is unavaila%le. Due to thei# non@#eliance on gi#d lines" !oe# !ac$s ma$e an
ideal com!anion to %e along on vocations to delive# hou#s of !oe# to a cellula# !hone" a
la!to! com!ute#" o# a !o#ta%le television.
REC(CLING -ATTERIES:
4atte#y acid is #ecycled %y neut#ali&ing it into ate# of conve#ting it to sodium
sul!hate fo# laund#y dete#gent" glass and te(tile manufactu#ing. Cleaning the %atte#y cases"
meeting the !lastic and #efo#ming it into unifo#m !ellets #ecycle !lastic. +ead" hich ma$es u!
ABD of eve#y %atte#y" is method" !ou#ed into sla%s and !u#ified.
The folloing a#e the ma'o# manufactu#e#s in %atte#y indust#y in India"
E(ide Indust#ies
Standa#d 4atte#ies
Amco 4atte#ies
Tudo# India
Ama#a Ra'a 4atte#ies +td.
>yde#a%ad 4atte#ies +td.
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Sealed .aintenance F#ee 6sum9 %atte#ies and -alue Regulated +ead Acid 6-R+A9
technologies a#e leading the %atte#y indust#y in the #ecent yea#s in the !#efe##ed choice in
va#ious a!!lications such as uninte##u!ted !oe# su!!ly" eme#gency lights" and Secu#ity
systems and eighing scale.
C+ARACTERISTICS OF *RLA -ATTERIES:
D.F %atte#ies a#e comes unde# the #echa#gea%le %atte#y catego#y so it can used a num%e# of
times in the life of %atte#y.
S.F %atte#ies a#e mo#e economical than nic$el cadmium %atte#ies. These %atte#ies a#e
mo#e com!act than the et ty!e %atte#ies. It can %e used at any !osition* these %atte#ies a#e
ve#y !o!ula# fo# !o#ta%le !oe# #e)ui#ements and s!ace const#aint a!!lications.
-R+A %atte#ies a#e lea$ !#oof" s!ill !#oof and e(!losion #esistant and having life du#ation of
7A@=B yea#s. These %atte#ies ithstand the envi#onmental conditions due to high technology in
%uilt in the %atte#ies. Each cell is housed in a !oe# coated steel t#ay ma$ing them convenient
to t#ans!o#tation and installation" so t#ansit damages a#e minimi&ed in the case of the %atte#ies.
)ROS)ECTS OF SMF'*RLA -ATTERIES IN INDIA:
The folloing facto#s a#e influencing the demand fo# -R+A technology %atte#ies.
Ent#y to multinational in Telecom indust#y.
DOT0s !olicy decisions to u!g#ade the ove#all technology %ase.
Const#aints in the use of use of conventional %atte#y in #adio !aging and cellula# segments.
Due to !#o'ect e(!ansion in Telecom E Railays" the demands fo# -R+A 4atte#ies a#e
g#eate# than othe# indust#ial %atte#ies.
Telecom The /ove#nment0s !olicy to inc#ease the ca!acity f#om 7B million to =7
million lines %y =BBB inc#eased the demand fo# sto#age %atte#ies conside#a%ly the value added
se#vices li$e #adio !aging and cellula# ill inc#ease the demand fo# sto#age %atte#ies in futu#e
conside#a%ly.
RAIL,A(S:
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In Railays" the demand estimate is %ased on the annual coach !#oduction this comes
to =ABB num%e#s %y Railays itself and 7BBB num%e#s mo#e %y va#ious othe# segments"
#e!lacement demand and annual #e)ui#ement fo# #ailays elect#ification.
FIRST NATIONAL -ATTERIES1LEAD ACID -ATTERIS FOR ALL
A))LICATIONS:
Fi#st national %atte#ies is the leading manufactu#e and dist#i%uto# of lead acid %atte#ies
fo# use in mine lighting" automotive and othe# indust#ial a!!lications in South Af#ica. At
!#esent" a significant sha#e of all ne moto#.
Fi#st national %atte#ies a#e cu##ently the o#iginal e)ui!ment su!!lie# to the folloing
South Af#ican moto# manufactu#e.
Daimle# Ch#ysle#
Toyota
.itsu%ishi
..A.N
4.1 and Nissan.
MISSION STATEMENT OFAMARARA2A:
)O,ER SECTORS:
In this secto#" the estimated 8B !#ivate !oe# !#efects ho a#e e(!ected to !#oduce
FB"BBB .- ith an a!!#o(imate ca!ital outlay of RS. 7" FB"BBB c#o#es ould $ee! the
indust#y0s futu#e %#ighte# in the coming yea#s.
The demand of -R+A %atte#ies is inc#easing due to its !e#fo#mance ove# conventional
%atte#ies. So it is mo#e acce!ta%le to consume#s. The#e a!!ea#s to %e a conside#a%le !oteFntial
fo# elect#ically o!e#ated mate#ial handling e)ui!ment and #elated vehicle %esides the
!#ivati&ation of technology. It is e(!ected to gene#ate demand fo# va#ious a!!lications. The
!oe# secto# is also o!ening u! a setting u! !f gene#ating stations ill give a %oost to demand
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levels. The demand is OE. segments ill g#o time ith the g#oing automation in
indust#ies.
The domestic sto#age %atte#y indust#y is in the !#ocess of t#anscending the !ast
limitations in the technology f#ont and the ne so!histicated %atte#y ill %e int#oduced in
futu#e th#eat f#om the ove#seas su!!lies do not at the cu##ent moment a!!eal to %e significant.
STORAGE -ATTERIES:
In the sto#age %atte#y indust#y" some ne units have come u!. The latest develo!ment
in this field is maintenance f#ee #echa#gea%le sto#age %atte#y. These a#e also $non as -alue
Regulated +ead Acid 6-R+A9 o# Sealed .aintenance F#ee 6S.F9 %atte#ies. Im!#ovement of
technology in this indust#y is %enefiting custome#s.
)LASTIC -ATTER( COM)ONENTS:
Fi#st national %atte#y has !lastic !#ocessing !lant he#e mo#e than =B million %atte#y
com!onents is !#oduced annually on !lastic in'ection moldings e)ui!ment f#om ABt to ;At
ca!acity.
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COM)AN( )ROFILE
Ama#a #a'a %atte#ies limited 6AR4+9 inco#!o#ated unde# the com!any0s act 78AC on
7:th Fe%#ua#y 78;A and conve#ted in to !u%lic limited com!any on 7Cth Se!tem%e# 788B.
The chai#man and managing di#ecto# of the com!any is 2S#i /alla Ram Chand#a Naidu3.
AR4+ is the fi#st com!any is India hich manufactu#es value #egulated lead acid 6-R+A9
%atte#ies. the main o%'ective of the com!any is manufactu#ing of good )uality of 2sealed
maintenance f#ee3 6S.F9 acid %atte#ies .The com!any is setting u! to #s.7"8=B la$hs !lant is in
7;A ac#es in $a#a$am%adi village" Renigunta .andal. The !#o'ect site is notified unde# 243
catego#y.
The com!any has the clea#@cut !olicy of di#ect selling ithout any inte#mediate. So they
have setu! si( %#anches and a#e o!e#ated %y co#!o#ate o!e#ations office located in Chennai.
The com!any has vi#tual mono!oly in highe# A.> 6Am! >ou#9 #ating ma#$et its !#oduct
-R+A. It is also having the facility fo# indust#ial and automotive %atte#ies.
Ama#a #a'a is A GS0 com!anies and its aim is to im!#ove the o#$ !lace envi#onment %y using
A GS0 techni)ues hich is*
A systematic and #ational a!!#oach to o#$ !lace and methodical house $ee!ing ith
a sense of !u#!ose" of folloing five elements.
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3. SEIRI @ So#t out "
@ Seg#egate necessa#y f#om unnecessa#y.
@ Disca#d hat is not #e)ui#ed.
@ Decide on f#e)uency of so#ting.
4. SEITION @ Systematic a##angement
@ A##anging in o#de#
@ A !lace fo# eve#ything and eve#ything in it !lace
5. SEISO @ S!ic and s!am
@ Cleaning the o#$ !laceHe)ui!ment
@ Ensu#ing ti! to! condition
6. SEI.ETSU @ Standa#dition
@ 1o#$ing methodology 6!#ocedu#es and o#$ inst#uments9
7. S+ITSU.E @ Self disci!line
@ Fo#ming the ha%it@4e disci!line
T+E( )UR)OSE TO ACCOM)LIS+ T+IS -(:
T#aining the !eo!le and c#eating aa#eness on A0s0
.otivating and changing the %ehavio# !atte#ns of the ,eo!le
Esta%lishing standa#dH!#ocedu#es fo# the Im!lementation of each element of A0s0
They %elieve that effective im!lementation of A0S0techni)ues ill #esult in*
Consistent and %ette# )uality !#oduct
>ighe# !#oductivity
+esse# accidents
>ighe# em!loyee mo#ale
COLLABORATION:
Ama#a #a'a %atte#ies limited e#e a st#ategic tie u! ith 2Iohnson cont#ols Inc3 of
USA ho ons =CD stac$ in this com!any .It is the la#gest manufactu#es of lead acid %atte#ies
in No#th Ame#ica. The main o%'ective of the com!any is manufactu#ing of good )uality of
2sealed maintenance f#ee acid %atte#ies 6S.F9.The annual g#oth #ate of a com!any is
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=.AD!e# annum. The !#esent tu#nove# of the com!any is Rs.=<Bc#o#es..a'o# custome#s a#e
4SN+" -SN+" SIE.EN" and 4>E+" ETC.
Ama#a #a'a has alays offe#ed time tested o#ld class technology and !#ocess
develo!ment on inte#national standa#ds. >igh integ#ity -R+A systems li$e !oe# stac$ and
!oe# !lus o# the #ecently launched high !e#fo#mance U,S 4atte#y@JO.4AT And
A.ARON hi@life automotive %atte#ies a#e the !#oducts of the colla%o#ative %atte#y effo#ts of
enginee#ing at Iohnston cont#ols Inc and ama#a#a'a.AMARON launched in Ianua#y =BBB"
Ama#a #a'a has !ionee#ed the int#oduction of hi@cu%e automotive %atte#ies in India. This &e#o
maintenance !#oduct uses the #evolutiona#y !atend silve# K technology develo!ed %y Iohnson
cont#ols fo# high envi#onments and inco#!o#ates .ay su!e#io# featu#es that ma$e it the most
advantage %atte#y on #oads anyhe#e in the o#ld.
STRENGT+S: ,#oven technology f#om /N4 and %eing a !ionee#*
St#ong and ell o#gani&ed custome# %ase
Full@o#gani&ed inf#ast#uctu#e in !lace
.anufactu#ing facilities !e#ceived as a %enchma#$ in India
Com!lete #ange of -R+A %atte#ies
,#oven field !e#fo#mance in all use# segment
A!!#oved vendo# status in ma'o# use# segments
2To t#ansfe# ou# s!he#es of influences and en#ich the )uality of life %y %uilding institutions
that !#ovides %ette# access to %ette# o!!o#tunities" goods and se#vices. To mo#e !eo!le GAll the
time0.
*ALUES 8 -ELIEFS:
They %elieve in t#eating each othe# ith honesty" fai#ness" dignity and #es!ect and in
c#eating a safe "healthy and !leasant o#$!lace
They %elieve in innovative and o!timum use of ou# continuous im!#ovement eve#ything
e do" as they a#e !#e@#e)uisites fo# sustained g#oth.
They %elieve that the em!oe#ment of ou# !eo!le is the foundation of ou# st#ength. 1e
ill hel! each othe# to o#$ in teams and hold each othe# accounta%le to fai#
cont#i%ution in achieving ou# collective goals"
Page13
They ill st#ive to e(ceed ou# custome#0s eve# inc#easing e(!ectations though
continuous im!#ovement in )uality" se#vice su!!o#t and time com!#ession.
SOCIAL )ROGRAMMES:
>ousing colony fo# em!loyees in !#og#ess. Total !lan" ABB families ove# five yea#s.
,lan to !#ovide community hall" o!en audito#ium" !a#$s and !lay g#ound.
T#aining cente# fo# em!loyees.
4achelo#0s hostel" co@o!e#ative sto#es %an$s in o!e#ation.
Roads" ate# su!!ly" st#eetlights" g#eene#y educational villages.
Aa#d and #ea#d to the younge# gene#ation fo# im!#ovement of education.
.ode#ni&ation of !u%lic !a#$s fo# the fledged #ec#eation of child#en.
,u%lic aa#eness !#og#ams 6in .um%ai9 on envi#onmental !#otection" th#ough st#eet
Theat#e3hose .um%ai is it any ay3 on the occasion Of Ea#thday A!#il =:
#d
=BB7.
-RAND:
Ama#a #a'a0s #eflects the innate dynamism of the com!any .the em%lem demonst#ates the
inte#!lay of the unive#sally in Lang sym%ols and the !hiloso!hy of %alanced fo#ces. the colo#
g#een and %lac$ em!hasi&e the !e#fect symmet#y of a%so#%ing and #eleasing ene#gies" hile
the enti#e fo#m in continuous motion signifies un#elenting !#og#ess. The colo# g#een also
elucidates the #ole of technology as an integ#al !a#t of the com!any0s g#oth. Not incidentally"
it also connotes the com!any0s #esolve to !#ese#ve and natu#e the envi#onment.
CULTURE AND EN*IRONMENT:
Ama#a #a'a is !utting a no. of >RD initiatives to foste# a s!i#it of togethe#ness and a
cultu#e of me#itoc#acy. Involving em!loyees at all levels in %uilding o#gani&ational
su!!o#t !lans and in evolving ou# vision fo# the o#gani&ation.
AR4+ encou#age initiative and g#oth of young talent allos the o#gani&ation to
develo! innovative solution and ideas.
Page14
4enchma#$ !ollution cont#ol measu#es" ene#gy conve#sation measu#es" aste #eduction
schemes" massive g#een %elt develo!ment !#og#ams. Em!loyee health monito#ing and
indust#ial safety !#og#ams have hel!ed AR4+ to ta$e fu#the# envi#onment management
!#og#am.
9UALIT( )LOIC(:
AR4+0s main aim is to achieve custome# satisfaction th#ough the collective
commitment of em!loyees in design5 manufactu#e and ma#$eting of #elia%le !oe# systems"
%atte#ies" allied !#oducts and se#vices.
TO ACCOM)LIS+: AR-LFOCUS ON:
Esta%lishing su!e#io# s!ecifications fo# ou# !#oducts and !#ocesses
Em!loying state ?of@the@a#t technologies and #o%ust design !#inci!les.
St#iving fo# continuous im!#ovement in !#ocess and !#oduct )uality.
Im!lementing methods and techni)ue to monito# )uality levels.
,#ovided !#om!t afte# sales se#vice.
RESEARC+ 8 DE*ELO)MENT
S!ecific a#eas in hich the com!any ca##ies out RED a#e,
Ne !#oduct develo!ment
,#ocess technology u! g#adation
A!!lication enginee#ing fo# ne ma#$et !lace
Muality im!#ovements
-ENEFITS DERI*ED AS A RESULT OF A-O*E R 8 D:
FvH=BBah %atte#ies
Design o!timi&ation of highe# A> %atte#ies fo# DOT a!!lication
Design o!timtsation of %atte#ies8=vH7=;A fo# T+HAC@#ailay a!!lication.
Fo#mation cycle o!timi&ation #esults in #educed du#ation and #e'ection
Chemist cu#ing cycle o!timi&ation
.anufactu#e# of automo%ile %atten0s fo# fou#@heele# vehicles.
Page15
Comme#ciali&ation of moto#@cycle %atte#ies develo!ment
FUTURE )LAN OF ACTION:
A ne #ange high integ#ity -R+A cell design
Esta%lishment of !#oduct fo# ne a!!lication segment
Studies on !aste additives to enhance the %atte#y !e#fo#mance
In@de!t evaluation of metal su#face t#eatment chemicals to #educe the !#ocess cycle
time
-alidating alte#native g#ades of !#o!ylene to conve#se ene#gy and to im!#ove
!#oductivity.
A,ARDS:
>ono#a%le docto#ate deg#ee3 ? =BB;%y S - Unive#sity" Ti#u!atthi and INTU "
>yde#a%ad
2The s!i#it of e(cellence3 ? Aa#d %y academy of fine a#ts" Ti#u!atthi
24est ent#e!#eneu# of the yea# 788;3 @ %y >yde#a%ad association
2Indust#ial economist %usiness e(cellence aa#d@78873 ? aa#d %y the indust#ial
economist Chennai.
2E(cellence aa#d3 ? %y institution of Economic Studies 6ES9" Ne Delhi.
2Undying #attan aa#d3 ? %y institution of ES I" ne Delhi
2M7 ce#tificate@=BB=3 ? %y FORD Com!any.
AMARARA2A GROU) OF COM)ANIES:
A.ARARAIA ,O1ER SLSTE. ,U4+IC +TD 6AR,S+9 " Ja#a$am%adi " Ti#u!ati
.AN/A+A ,RECISION ,RODUCTS ,U4+IC+TD. 6.R,+79" $a#a$am%adi"
Ti#u!ati.
.AN/A+A. ,RECISION ,RODUCTS ,U4+IC+TD6.R,,+;9" ,etamitta" chittoo#
A.ARARAIA E+ECTRRONICS ,U4+IC +TD" 6ARE,+9" Dighavamgham" chittoo#
/A++A FOODS ,U4+IC +TD6/F,+9" ,uthala!attu" chittoo#
GENERAL INFORMATION*
AR-L
Indus#ria! $a##ery divisi"n Au#" $a##ery divisi"n
Page16
Railay coaches
Telecom
U,S
INDUSTRIAL -ATTER( DI*ISION:
Ama#a #a'a has %ecome the %enchma#$ in manufactu#e# of indust#ial %atte#ies. India
has one of the la#gest and fasted g#oth ma#$ets fo# indust#ial %atte#ies in the o#ld. Ama#a
#a'a has leading in the f#ont5 ith an ;BDma#$et saha#e is stand %y -R+A %atte#ies !oint of
vie .It is also having the facility fo# !#oduction !lastic com!onents.AR4+ is the fi#st
com!any in India to manufactu#e# -R+A 6S.F9 %atte#ies .The initial investment of the
com!any has Rs.78=Bla$hs5 the total land is a#ound 7; ac#es in $a#a$am%adi village" and
Renigunta .andal. The !#o'ect site is notified unde# G40 catego#y.
AUTOMOTI*E -ATTER( DI*ISION /A-D9*
AR4+ has inaugu#ated its ne automotive !lant at $a#a$am%adi in Ti#u!atthi on
Se!tem%e# =F
th
"=BB7.This !lan is a !a#t of the most com!letely integ#ated %atte#y
manufactu#ing facility in India ith all c#itical com!onents" including !lastics sou#ced in
house fo#m e(isting facilities on site. In this !#o'ect" Ama#a#a'a Gs st#ategic alliance !a#tne#s
Iohnson cont#ols Inc." of USA have closely o#$ed ith thei# Indian counte#!a#ts !ut togethe#
the latest advances in manufactu#ing and !lant enginee#ing. It is also having the facility fo#
!#oducing !lastic com!onents #e)ui#ed fo# automotive %atte#ies.
CA)ACIT(:
The ca!acity !e# the yea# =BBA@=BBC of I4D is :" <B"BBB cells !e# annum.1ith an e(isting
!#oduction ca!acity of A la$h units of automotive %atte#ies" the@ne /#eenfield !lant ill no
%e a%le to !#oduce one million %atte#ies !e# annum.This is the fi#st !hase in the enhancement
of Ama#a#a'a0s !#oduction ca!acity" fo# this the fi#st com!any has invested Rs.FA c#o#es and
the ne(t !hase" at an additional cost of Rs =A c#o#es " fo# the !#oduction ca!acity ill %e
inc#ease to to million units and the com!any has estimated to com!lete a#ound : yea#s"afte#
that AR4+" ill %ecome the single la#ges %atte#y manufactu#e# in Asia . The fiscal yea# =BBA@
=BBC0s ca!acity of a%d is =.= million num%e#s !e# yea#.
Page17
CUSTOMERS:
AR4+ has !#estigious OE. 6O#iginal E)ui!ment .anufactu#e#9 clients li$e FORD"
/E>ERA+ .OTORS"
DAE1OD .OTORS"
.ERCEDS 4ENN"
DAI+.+ER"
.ARUT>I UDLO/E +TD."
,#emie# auto +td" and
Recent ac)ui#ed a !#efe#ence su!!lie# alliance ith AS>OJ +EL+AND"
>INDUSTAN .OTORS" TE+CO" .A>INDRA E .A>INDRA and S1ARAI
.ANAD.
COM)ETITORS:
The ma'o# com!etito#s fo# Ama#a#a'a %atte#ies !#oducts a#e*
o E(ide Indust#ies +td
o >yde#a%ad 4atte#ies +td
o /N4 Indust#ies 6US %ased9
)RODUCTS:
Ty!e of -R+A %atte#ies manufactu#ed in I4D is*
,O1ERSTACJ
JO.4AT6U,S 4atte#y9
4RUTE
Page18
/EN,RO
FEATURES 8 -ENEFITS OF T+E )RODUCT:
A%so#%ed Elect#olyte @safe" no fee acid
const#uction @s!ells !#oof and lea$
O(ygen #ecom%ination cycle @no e(te#nal gassing
Resealing safety value @e(!losion !#oof and
,#essu#e #egulated
Co!!e# co#e te#minal @ im!#oved connection
S!ecial hy%#id alloy @ Dee! cycle ca!a%ility
Facto#y cha#ged @ Ready to use
)RODUCT )ROFILE
-R+A %atte#ies manufactu#ed in the indust#ial %atte#y division and thei# a!!lications
a#e as follos*
)O,ER STAC.:
Page19
A;;!ica#i"ns: ,oe# !lants" !#ocess and se#vice indust#y" Railays"
Telecommunication" Uninte##u!ta%le !oe# su!!ly 6U,S9 systems" elect#onic !#ivate
automatic %#anch e(change 6E,A4K9 " Defence 6Onsho#e E Off sha#e i#eless
communication cellula# #adios9" .otive !oe#.
.OM-AT /U)S -ATTER(0:
A;;!ica#i"ns: U)S" E,4K" Engine sta#ting" eme#gency lighting" S,-" !o#ta%le
!oe#" secu#ity systems
-RUTE:
A;;!ica#i"ns: Fo#$lifts" !ellet t#uc$" stac$e#s" ;!latfo#ms t#uc$s.
)RODUCTION FACILITIES:
Du#ing the yea# unde# #evie AR4+ has !#io#ities and di#ected its o%'ectives toa#ds
st#eamlining the !#oduction !#ocess %y assimilating and synch#oni&ing ca!acities of diffe#ent
section of !lant to o!timi&e the ca!acity utili&ation. As a !a#t of this !#og#ahhe" AR4+ has
!#o!osed to inc#ease the ca!acity of assem%ly and fo#mation section. The #easons fo# the
ca!acity a#e as follo*
E<)ANSIONS IN AN AS UNDER:
To meet the g#oing demand fo# the !oe# stac$ %atte#ies.
To co!e@u! ith the !ea$ level o!e#ations du#ing the second half of the fiscal yea#0
To im!#ove the ove#all !#oductivity E )ualityH
To %alance the 2line ca!acity3 of the !lant ith essential utilities E facilities.
To achieve the a%ove" AR4+ had conducted an ela%o#ate study on the ca!acities of
diffe#ent sections and identified the section ide #e)ui#ements.
This had clea#ly s!elt out the need fo# ca!acity e(!ansion in !oe# stac$ assem%ly
line fo#mation section" on com!letion of the e(!lanation !#og#ammed the ca!acity ill
inc#ease f#om 7"BB"BBB to 7"CB"BBB %atte#ies !e# annum.
GALLA FOODS )RI*ATE LIMITED /GF)L9*
/F,+ inco#!o#ated in 77
th
ma#ch =BBFand having the it0s #egiste#ed office at
Eangam!et village" !uthala!attu mandal" Chittoo# dist#ict" And#a,#adesh.
It is the !#ocess of setting u! at o#ld class food !#ocessing unit on !a# ith the
inte#national standa#ds fo# e(t#acting natu#al f#uit concent#ates f#om t#o!ical f#uits and
e(!o#t to USA" Eu#o!e and othe# advanced inte#national ma#$et.
Page20
)RODUCT )ROFILE
Page21
Page22
S.NO ,RODUCT NA.E FEATURES A,,+ICATIONS
7 A.ARON >AR-EST
>igh !e#fo#mance" Totally
maintenance f#ee" >igh
!oe# cha#ge acce!tance
Fo# T#acto#s
= A.ARON S>IE+D
Ready to fit" long life lo
maintenance >ighe#
c#an$ing !oe#
Fo# Inve#te#s
:
A.ARON >I@+IFE
4ATTERIES
+ong life maintenance f#ee"
fully scaled and tested No
lea$ageHim!#oved safety
Ca#s" Utility
-ehicles" T#acto#s" F
1heele#s" >C-0s
/enets E +C-0s
F JO.4AT
>igh discha#ge" >igh
!e#fo#mance %atte#ies
hich a#e com!act light
eight facto#y cha#ge"
e(!losion #esistant and
envi#onmental f#iendly
U,S" E,4K" Engine
sta#ting" Eme#gency
lighting" S,4"
!o#ta%le !oe#" Fi#e
ala#m secu#ity
systems.
A
A.ARA
RAIA6,O1ER
STACJ9INDUSTRIES
+ight eight" study
eathe# !#oof and long
lasting" >igh integ#ity"
>igh ene#gy density.
Indust#ial
a!!lications" ,oe#
!lants" Railays"
Telecommunications"
!#ocess and se#vice
Indust#y" Defense"
.otive" ,oe# sola#
,hoto voltaic"
Elect#ic vehicle"
Eme#gency lighting.
C
A.ARA RAIA
/EN,RO
Ne#o maintenance" No
s!ecific g#avity chec$s" No
ate# ta!!ing u! #e)ui#ed
long life" ideal si&e facto#y
cha#ged" the#efo#e #eady to
use assu#ed sta#ting and
se#vice.
Fo# /ene#ato#s
<
A.ARON >I@1AL
4ATTEIRS
+ong life" Ult#a lo
maintenance #eady to fit"
>ighe# c#an$ing !oe#.
Fo# T#uc$s
; MUANTA @@ U!s 4atte#ies
LOCATION OF AR-L
Page23
+IERARC+(
Page24
M.D
Vice-President-
Finance
AGM-
Financial
AGM-
Secretaria
l
Manager
MIS
Sr. Manager
asr!
Manager
Commercial
Asst.
Manager

Sr. Ofcer Ofcer Ac
recei!a"le
Manager
g
Sr. Ofcer
Co#
Or$inato
r
Co#
Or$inato
r
Co#
Or$inator
Co#
or$inator
Co#
Or$inator
Co#
Or$inator
)ROS)ECTUS OF MF1*RLA -ATTERIES IN INDUSTRIAL -ATTER(:
The !#os!ectus of .F@-R+A %atte#ies technology and the demand fo# -R+A %atte#ies in
va#ious segments in estimated %ased on the folloing*
Ent#y of multinationals in telecom secto#.
Data !olicy decision to u!g#ade the ove#all technology %ase.
Const#aint in use of conventional %atte#y in #adio !aging cellula# segments
Sitch ove# #ailays to .aintenance F#ee ? -alue Regulated fo# +ead Acid 6.F@
-R+A9 fo# coach ai# conditioning to 7BBDlevel and the e(!ected g#adual shift fo#
a!!lication li$e T+" SET and #ailay elect#icians.
Technology u! g#aduation and !#ivati&ation of the !oe# segment.
St#ong !e#fo#mance toa#ds -R+A in the office automation indust#y 6U,S and
E,A4K a!!lication due to use# f#iendly and com!act featu#es9.
)RODUCTION FACILITIES: CA)ACIT( E<)ANSION AND )LASTIC
)RO2ECT:
Du#ing the yea# unde# #evie" AR4+ had !#io#iti&ed and di#ected its o%'ectives toa#d
st#eamlining the !#oduction !#ocess %y assimilating and synch#oni&ing ca!acities of diffe#ent
section of the !lans to o!timi&e the ca!acity utili&ation. As a !a#t of this !#og#am" AR4+ has
!#o!osed to inc#ease the ca!acity assem%le and fo#mation section. The #easons fo# the
ca!acity e(!ansion a#e as unde#
To meet the g#oing demand fo# the !oe# stac$ %atte#ies.
To co!e@u! ith tha !ea$ level o!e#ations du#ing second half of the fiscal yea# .
To im!#ove the ove#all !#oductivity E )uality.
To %alance the 2line ca!acity3 of the !lant ith essential utilities and lia%ilities.
To achieve the a%ove" AR4+ had conducted and ela%o#ated study on the ca!acities o
diffe#ent sections and identified the section ide #e)ui#ements. This had clea#ly s!elt out fo#
ca!acity e(!ansion !#og#am .The !lant ca!acity ill inc#ease f#om 7" CB"BBB to =" <A"BBB
%atte#ies !e# annum. The estimated cost of e(!ansion is Rs.7" B;B co#es.
Page25
RESEARC+ 8 DE*ELO)MENT:
S!ecific a#eas in hich the com!any ca##ies out R E D.
Ne !#oduct develo!ment.
,#ocess technology u! g#aduation.
A!!lication enginee#ing fo# ne ma#$et !lace.
Muality im!#ovements.
FUTURE )LAN ACTION:
Comme#ciali&ation of moto#@cycle %atte#ies.
Develo!ment of ne #ange high integ#ity -R+A cell design.
Esta%lishment of !#oducts fo# ne a!!lication segment.
Studies on !aste additives to enhance the %atte#y !e#fo#mance.
In@de!th evaluation of metal su#face t#eatment chemicals to #educe the !#ocess cycle
time.
MA2OR USERS:
A. RAIL,A(S:
T#ain lighting" ai# conditioning" diesel engine sta#ting" signaling systems"
cont#ol systems" eme#gency %#ea$ing systems and telecommunications.
-. TELECOMMUNICATION:
Cent#al office !oe# !lants" mic#oave #e!eate#s station" RAK in !u%lic %uilding"
eme#gency lighting systems at ai# !o#ts" fi#e ala#amsystem etc.
C. )O,ER S(STEMS:
Sitch gea# cont#ol systems" !oe# hose cont#ol systems" #u#al st#eet lighting etc.
D. U)S S(STEMS:
4ac$u! !oe# to com!ute#s in !#og#ess cont#ol system in indust#y etc."
E. TRACTION:
Fo#$lift t#uc$s" ea#th motioning machine#y" mining locomotives and #oad vehicles
Etc.
F. )ETROC+EMICALS:
Off@sho#e and On@sho#e !ill e(!lo#ation lighting systems" secu#ity systems etc.
G. DEFENCE:
Page26
Defense communication" ai#c#aft and helico!te# g#ound sta#ting" stationa#y and
mo%ile diesel engine sta#ting etc.
FLO, C+ART -ATTERIES )ROCESS FLO,

-OARD OF DIRECTORS:
The com!any has a non@e(ecutive chai#man and the num%e# of inde!endent di#ecto#s
is : #e!#esenting ::.::D of the total num%e# of di#ecto#s i.e. mo#e than one@thi#d of the total
num%e# of di#ecto#s. The num%e# of the total non@e(ecutive di#ecto#s a#e ; i.e. ;;.;8D hich
is mo#e than ABD of the total num%e# of di#ecto#s. >ence the %oa#d of the com!any has an
Page27
C"n#erting
$re Lead
int" Lead
O%ide
Paste &i%ing '!
Adding
sl$(ric Acid
and )ater
Gird
Casting
Pasting Gird
)it( Lead
O%ide Paste
*inding t(e
$asted Grid
)it(
Se$arat"r
Gr"$
inserti"n +ar
Sealing t(e +ar
F"r&ati"n
Finis(ing
o!timum com%ination of e(ecutive and non@e(ecutive di#ecto#s in confo#mity ith the
!#ovisions clause F8 of the listing ag#eement.
None of the mem%e#s of the %oa#d is holding mem%e#shi! in mo#e than 7B committees
o# chai#manshi! in mo#e than A committees as s!ecified in clause F8 of the listing ag#eement.
The com!osition and catego#y of the %oa#d of di#ecto#s as at .a#ch :7" =BB; and the
num%e# of othe# di#ecto#shi!sHcommittee mem%e#shi!s held %y them a#e as unde#*
S.n". Na%e "= #e Direc#"r Ca#e>"ry
7. D#. Rama Chand#a N /alla ,#omote#HNon@e(ecutive chai#man
=. .#. Iayadev /alla ,#omote#H.anaging Di#ecto#
:. D#. /.Ramadevi ,#omote#HNon@e(ecutive Di#ecto#
F. .#. F#an$ E J#aic$ Non@E(ecutive Di#ecto#
A. .#. Raymond I 4#on Non@E(ecutive Di#ecto#
C. .#. Shu Ming Lang Non@E(ecutive Di#ecto#
<. .#.,.+a$shmana Rao Inde!endent Di#ecto#
;. .#. Ravi 4hamidi !ati Inde!endent Di#ecto#
8. .#.Naga#'un -allu#i!alli Inde!endent Di#ecto#
7B. .#. Rohit Jotcha# Alte#nate di#ecto# to .#.Shu Ming Lang

AMARA RA2A NET,OR.
Registe#ed Office @ Ja#a$am%adi" Ti#u!athi.
Co#!o#ate O!e#ations Office @ Chennai" >yde#a%ad
Page28
.a#$eting Offices E Se#vices Cente#s @ 4angalo#e" .um%ai" Jol$ata" Ne Delhi"
>yde#a%ad and Chennai
SELLING )OLIC(:1
The Com!any is ado!ting the !olicy of di#ect selling ithout any inte#mediates
as the !#oduct falls unde# the catego#y of Ca!ital /oods. The Com!any esta%lished it0s
%ased and in ma'o# cities li$e .um%ai" Calcutta" Ne Delhi" .yso#e" 4angalo#e and
>yde#a%ad. All these units a#e fully e)ui!!ed ith e(!e#ienced staff and inf#ast#uctu#e.
AR,S has also idened se#vices neto#$. As a mem%e# of Ama#a Ra'a 4atte#ies
automotive %#anch0s facilities fo# se#vice !oints to se#ve the need of its clientele %ette#.
)RODUCT LINE:1
Conventional 4atte#ies Cha#ges * U! to ==B- H ABB A =F - H=BBB A.
Sitch .ode ,oe# Su!!ly 6S.,S9 * .odules of F; -H=AA u! to =BBA and
F;-H7BBA u! to :=BBA Integ#ated ,oe# Su!!ly 6I,S9 Systems S!ecially.
Designed fo# Railay Signaling E Telecommunications.
DCHAC Dist#i%ution 4oa#ds.
AMARA RA2A -ATTER( )RODUCTS:
,oe# stac$s 6gene#al !u#!ose %atte#y9 * FBA> to CBBBA>.
4#ute 6.otive ,oe# 4atte#y9 * FBA> to 7ABBA>.
Com%at 6U,S %atte#y9 * FBA> to ;B A>.
Diagnostic Tools
4eta Chec$ 6>ealth .onito#9 * 7BBA E :BBA.
EN*IRONMENTAL )ROGRAMS:1
Advancement fo# ISO@FBB7 Ce#tification.
>ealth monito#ing and aa#eness ,#og#amme.
Page29
4oth !e#sonal and Indust#ial Safety ,#og#amme.
Sta#t u! of E.S im!lementation ,#og#amme.
Nil discha#ge and loest emission aa#eness and im!lementation ,#og#amme.
1aste Reduction Scheme.
Ene#gy Conse#vation ,#og#amme.
Continuous and massive g#een%elt develo!ment ,#og#amme.
/#ound 1aste Collection" T#eatment" Sto#age and Safe Dis!osal ,#og#ammed.
Cent#al 1aste Collection" T#eatment" Sto#age and Safe Dis!osal ,#og#amme.
,e#sonal health Safe /ua#ding ,#og#amme.
SOCIAL )ROGRAMS:1
>ousing Colony to the Em!loyees is in ,#og#ess.
Total ,lan ABB families ove# five yea#s" 7B; al#eady commissioned.
,lant !#ovide Community >all O!en Audito#ium" Rec#eation clu%"
,a#$ and !lay /#ound.
T#aining Cent#e fo# Em!loyees.
4achelo#0s hostel" Co@o!e#ative Sto#e and 4an$s in O!e#ation.
Roads" 1ate# Su!!ly" St#eet +ights" /#eene#y" Educational and Cultu#al Activities.
Enhancement in neigh%o#ing villages.
Aa#ds and Rea#ds to the Lounge# /ene#ation fo# im!#ovement of education
.ode#ni&ation of ,u%lic ,a#$s fo# the fledged of Child#en.
AMARA RA2A GROU) OF COM)ANIES:
7. Ama#a Ra'a 4atte#ies +imited 6AR4+9.
=. Ama#a Ra'a ,oe# Systems +imited 6AR,S+ 9
:. .angal ,#ecision. +td." 679
F. .angal ,#ecision.+td. 6=9.
A. Ama#a Ra'a Elect#o Systems +td.
C. /alla Foods +td.
+ISTOR( OF T+E ORGANISATION:
Page30
DEC 78;A @Foundation stone laid fo# Ama#a #a'a.
.AL 788= @Designed and im!lemented the most advanced %atte#y manufactu#ing
facility in India.
FE4 788< @Received the ISO 8BB7 ce#tification.
DEC 788< @Commissioned on !lastics and tool #oom sections.
Signed Ioint -entu#e ith Iohnson cont#ols.
.AL 7888@Received MS 8BBB ce#tification.
IAN =BBB@ +aunched Ama#on %atte#ies.
A!#il =BB7@+aunched the ne co#!o#ate logo.Se! =BB7@Aa#ded the ISO 7FBB7
ce#tification
Ne co#!o#ate logo launched.
.ay =BB=@commissioned !hase7 of ne automotive %atte#y !lant ith a ca!acity of =
million %atte#ies.
IU+ =BB=@+aunched Muanta U,S %atte#ies.
AU/ =BB=@+aunched Ama#on >iay and >a#vest %atte#ies.
.AR =BBF@Received Fo#d 1o#ld E(cellence Aa#d.
SE, =BBF@+aunched Ama#on ,RO"/O and FRES> automotive %atte#ies
OCT =BBF@OE ag#eement ith .a#uthi Udyog +td.
IUN =BBA@OE ag#eement ith >yundai .oto#s.
AU/ =BBA@NJ se#ies limited edition %atte#ies launch.
DEC =BB<@+aunched !oe# &one. +aunched ne@loo$ Ama#on #ange ith Ama#on
4lac$" Flo %atte#ies.
.AL =BB;@+aunched Ama#on ,RO 4IJE RIDER = %atte#ies.
,u%lic aa#eness !#og#ams 6in .um%ai9 on envi#onmental !#otection"
th#ough st#eet theat#e3hose .um%ai is it any ay3 on the occasion Of Ea#th day
A!#il =:#d =BB7.
Page31
NEED OF T+E STUD(
The %asic need of the study is to lea#n a%out the insu#ance and the conce!ts of the
insu#ance .this study has made to lea#n a%out the insu#ance !olicies too$ %y the com!anies to
!#otect themselves and to #educe the #is$. Th#ough this study e can #educe insu#ance
!#emium cost and insu#ance claims %ased ma#ine insu#ance and health insu#ance.
,eo!le gene#ally #ega#d insu#ance as a scheme hen and he#e you have to lose a lot
to gain a little. Neve# the less" insu#ance is still the most #elia%le tool an individual can use to
!lan fo# his futu#e.
The chances fo# a facility o# an in'u#y to occu# to the ave#age individual may not %e
!a#ticula#ly high %ut then no one can #eally affo#d to com!leting dis#ega#d his o# he# futu#e
and hat it holds.
Page32
O-2ECTI*ES OF T+E STUD(
The main o%'ective of the study is to #educe the insu#ance cost 6ma#ine and health
insu#ance9 %y analy&ing claims.
To study the insu#ance !olicies is conce#n.
To #emove unanted !olicies hich eat mo#e money and did not cove# #is$
To advice those !olicies hich cove# mo#e #is$ and less !#emium
To !#e!a#e tailo# made !olicy ith s!ecial !e#ils and g#ou! mode
To #educe the insu#ance claims and to #educe the health insu#ance cost
To #educe the !#emium cost
+ife insu#ance can %e a!!lied to !ay off you# mo#tgages" c#edit ca#d de%ts o# any othe# of
de%ts.
Page33
SCO)E OF T+E STUD(:
The study as conducted in Ama#a Ra'a 4atte#ies +td" Ti#u!athi and it cove#s the
insu#ance !olicies too$ %y the com!any. The g#oth of com!any !#oductions and #e)ui#ements
ill leads to the additional !olicies. This study is contained to analy&ing the !#emiums !aid to
insu#ance com!anies" claims #aised unde# ma#ine and health insu#ance of !ast financial yea#s"
and analy&ing the t#ans!o#tation claims.
Page34
LIMITATIONS OF T+E STUD(
+oss" damage o# lia%ility due to !ollution is #est#icted to a sudden and accidental
ha!!ening.
Confede#ation of autho#ities
1a#" invasion" act of fo#eign enemy" hostilities" civil a#" #e%ellion" #evolution"
insu##ection" milita#y o# !oe#" looting" sac$ing o# !illaging.
Indust#ial dis!utes o# deli%e#ate acts.
To the e(tent he#e #eim%u#sement is availa%le f#om any othe# sou#ce" e.g.insu#ence
o!e#ations o# gua#antees.
Illegal o!e#ations o# activities.
Dest#uction" co##u!tion o# e#asu#e of elect#onic data is limited to O7Bm collectively fo#
all !a#tici!ating mem%e#s of Ris$ Cove# and in the agg#egate any one !e#iod of cove#.
Page35
RESEARC+ MET+ODOLOG(:
Resea#ch methodology is a ay to systematically solve the #esea#ch !#o%lem. It may
%e as a science of studying ho #esea#ch is done identifia%ly. In it e study the va#ious ste!s
that a#e gene#ally ado!ted %y a #esea#ch in studying hi #esea#ch !#o%lem %ehind them.
Da#a c"!!ec#i"n a;;r"ac: The study ith de!ending u! on the !#ima#y data and as ell
as seconda#y data.
)ri%ary da#a s"urce: Su!e#io# em!loyees and othe# office staff gave the data and also
collected the data f#om %oo$s.
Sec"ndary da#a S"urce: ,olicy documents of va#ious insu#ance com!anies made %y the
AR4+ a#e f#om Seconda#y sou#ce li$e 4oo$s" Iou#nal" Com!any and Inte#net.
7. Used the Sim!le 4a# cha#ts and !ie cha#ts fo# easily analysis of the data
=. Used the Sum fo#mulas fo# calculations
The seconda#y data collected f#om the financial #e!o#ts" !#evious #e!o#ts" !u%lished
#eco#ds and othe# statements !#ovided %y finance de!a#tment of AMARA RA2A
-ATTERIES )*T LTD.
S#a#is#ica! #""!s used:
,e#centage Analysis and Facto# analysis
DATA COLLECTION:
Seconda#y data is a al#eady sto#age info#mation
Ta$en f#om com!any annual #e!o#ts
Info#mation ta$en f#om 'ou#nals" %oo$s and inte#net.
DATA ANAL(SIS:
o Lea# ise com!a#ison of !#emiums
o Lea# ise com!a#ison of claims
Page36
,+AT IS INSURANCE?
Insu#ance is a fo#m of #is$ management !#ima#ily used to hedge against the #is$ of a
contingent" unce#tainty loss. Insu#ance is defined as the e)uita%le t#ansfe# of the #is$ of a loss" f#om
one entity to anothe#" in e(change fo# !ayment. An insu#e# is a com!any selling the insu#ance5 the
insu#ed" o# !olicyholde#" is the !e#son o# entity %uying the insu#ance !olicy. The amount to %e
cha#ged fo# a ce#tain amount of insu#ance cove#age is called the !#emium .Ris$ management the
!#actice of a!!#aising and cont#olling #is$" has evolved as a disc#ete field of study and !#actice.
The t#ansaction involves the insu#ed assuming a gua#anteed and $non #elatively small loss
in the fo#m of !ayment to the insu#e# in e(change fo# the insu#e#Ps !#omise to com!ensate
6indemnity9 the insu#ed in the case of a financial 6!e#sonal9 loss. The insu#ed #eceives a cont#act
called the insu#ance !olicy hich details the conditions and ci#cumstances unde# hich the insu#ed
ill %e financially com!ensated.
NATURE OF INSURANCE:
On the %asis of the definition of insu#ance discussed a%ove" one can o%se#ve its folloing
cha#acte#istics*
RIS. S+ARING AND RIS. TRANSFER
Insu#ance is a mechanism ado!ted to sha#e the financial losses that might occu# to an
individual o# his family on the ha!!ening of a s!ecified event. The event may %e death of
ea#ning mem%e# of the family in the case of life insu#ance" ma#ine@!e#ils in ma#ine insu#ance"
fi#e in fi#e insu#ance and othe# ce#tain events in miscellaneous insu#ance" e.g." theft in %u#gla#y
insu#ance" accident in moto# insu#ance" etc. The loss a#ising f#om these events a#e sha#ed %y
all the insu#ed in the fo#m of !#emium. >ence" #is$ is t#ansfe##ed f#om one individual to a
g#ou!.
CO1O)ERATI*E DE*ICE:
Insu#ance is a coo!e#ative device unde# hich a g#ou! of !e#son ho ag#ee to sha#e
the financial loss may %e %#ought togethe# volunta#ily o# th#ough !u%licity o# th#ough
Page37
solicitations of the agents. An insu#e# ould %e una%le to com!ensate all the losses f#om his
on ca!ital. So" %y insu#ing a la#ge num%e# of !e#sons" he is a%le to !ay the amount of loss.
T()ES OF INSURANCE:
Insu#ance occu!ies an im!o#tant !lace in the mode#n o#ld %ecause the #is$ " hich
can %e insu#ed" have inc#eased in num%e# and e(tent oing to the g#oing com!le(ity of the
!#esent day economic system. It !lays a vital #ole in the life of eve#y citi&en and has
develo!ed on an eno#mous scale leading to the evolution of many diffe#ent ty!es of insu#ance.
In fact" no a day almost any #is$ can %e made the su%'ect matte# of cont#act of insu#ance.
The diffe#ent ty!es of insu#ance have come a%out %y !#actice ithin insu#ance com!anies" and
%y the influence of legislation cont#olling the t#ansacting of insu#ance %usiness.
4#oadly" insu#ance may %e classified into the folloing catego#ies*
/30 CLASSIFICATION ON T+E -ASIS OF NATURE OF INSURANCE:
6a9 +ife Insu#ance
6%9 Fi#e Insu#ance
6c9 .a#ine Insu#ance
6d9 Social Insu#ance
6e9 .iscellaneous Insu#ance
/40 CLASSIFICATION FROM -USINESS )OINT OF *IE,:
6a9 +ife Insu#ance
6%9 /ene#al Insu#ance
/50 CLASSIFICATION FROM RIS. )OINT OF *IE,:
6a9 ,e#sonal Insu#ance
6%9 ,#o!e#ty Insu#ance
6c9 +ia%ility Insu#ance
6d9 Fidelity /ua#antee Insu#ance
Page38
T()ES OF INSURANCES:
FIRE 8 ALLIED )ERILS:
4usinesses a#e !#one to unfo#eseen losses. These losses can lead a flou#ishing %usiness
into disaste# due to the loss of !#o!e#ty" stoc$s" machine#y" tools and facilities" ultimately
i!ing out the ca!ital and causing conse)uential losses. .oneta#y #elief is essential in #e@
%uilding H #esto#ing the damaged !#o!e#ty. Fi#e insu#ance cove# !lays a vital #ole in
safegua#ding the financial inte#ests of an ente#!#ise. Cove#s The fi#e insu#ance !olicy cove#s
immova%le and mova%le !#o!e#ty5 %uildings" !lant and machine#y" fu#nitu#e" fi(tu#es" fittings"
contents" stoc$s H stoc$ in !#ocess" #a mate#ial" goods held in t#ust o# in commission"
including stoc$s at su!!lie#s H custome#Ps !#emises" machine#y tem!o#a#ily #emoved f#om the
!#emises fo# #e!ai#s due to loss o# damage %y fi#e o# due to any of the !e#ils mentioned
he#eunde#. Q +ightning. Q E(!losion H im!losion. Q Ai#c#aft and a#ticles d#o!!ed the#e f#om. Q
Im!act damage due to #ailH#oad o# animal. Q Riot st#i$e" malicious damage. Q Su%sidence and
land slide. Q Sto#m" cyclone" flood and inundation. Q S!#in$le# lea$age. Q Ove#flo" lea$age of
ate# tan$s" !i!es" etc. In the case of a !a#tial loss" !ayments fo# #e!ai#s o# #e!lacement a#e
made. In case of a !olicy ith a #einstatement value clause" the cost of #einstatement ill %e
!aid on com!letion of #einstatement" su%'ect to an ove#all limit of the sum insu#ed. The
insu#ance com!any" at its disc#etion" may #e!ai# o# #e!lace the affected !#o!e#ty instead of
!aying fo# the cost of #esto#ation. ,#emiums a#e %ased on the ty!e of occu!ancy" !hysical
featu#es" value at #is$" #e)ui#ement of additional cove#s E info#mation !#ovided on a
com!leted !#o!osal fo#m. The#e a#e a num%e# of e(ce!tions and e(clusions" hich a#e !a#t of
the !olicy te#ms E conditions.
)RO)ERT( ALL RIS.:
This ,olicy indemnifies against the accidental !hysical loss o# damage to the ,#o!e#ty
Insu#ed desc#i%ed in the !olicy. It includes loss o# damage due to fi#e" lightning" ai#c#aft"
e(!losion" ea#th)ua$e" st#i$e" #iot" civil commotion" malicious damage" sto#m" tem!est" flood"
%u#sting and o# ove#floing of ate# tan$s" !i!es and a!!a#atus6including s!#in$le# lea$age9"
Page39
im!act %y on vehicles " theft o# attem!ted theft 6%y violent and fo#ci%le ent#y to o# e(it f#om
the !#emises9 and accidental loss o# damage. The sum insu#ed can eithe# %e on the %asis of the
actual value o# the ne #e!lacement value of the !#o!e#ty" %ut should %e ade)uate to cove# the
total e(!osu#e. The insu#ed can !#ovide the sum insu#ed" o# may see$ the Assistance of ou#
technical staff to dete#mine the ade)uacy. ,#emiums a#e %ased on the ty!e of occu!ancy"
!hysical featu#es" values at #is$" #e)ui#ement of additional cove#s. The#e is a deducti%le fo#
each and eve#y loss unde# the !olicy and cove#age is su%'ect to e(ce!tions and e(clusions"
hich fo#m !a#t of the !olicy te#ms and conditions.
MONE( INSURANCE:
.oney is alays susce!ti%le to misha!s such as %u#gla#y and the li$e. To !#otect
against this #is$" 2.oney Insu#ance Cove#3 may %e !u#chased. .oney shall mean cash" notes"
che)ues" secu#ities" stam!s and the li$e. This cove# is availa%le against #is$s hilst5 In t#ansit
f#om !#emises to %an$ and vice ve#sa. In a safe" in office !#emises. Out of the safe du#ing
o#$ing hou#s. In a 4an$s0 safe. In the ca#e E custody of com!any0s designated staff. Othe#
E(tensions incidental to .oney Insu#ance can also %e !#ovided. These can %e tailo# made to
the e(act #e)ui#ements of the custome#. In g#anting the 2.oney Insu#ance Cove#3" the
folloing facto#s a#e ta$en into conside#ation* Estimated annual ca##ying .a(imum limit fo#
any one ca##ying .a(imum limit fo# safe@$ee!ing at any given time. The !#emiums a#e
calculated on the estimated annual ca##yings and amount of money in the safe o# on the
!#emises. Fu#the#mo#e the !#emiums a#e %ased on the natu#e of the %usiness" location and the
secu#ity measu#es in !lace. Fo# a tho#ough unde#standing of the !#oduct" !lease #efe# to ou#
standa#d !olicy te#ms and conditions. E(clusions unde# the !olicy a#e5 Theft %y on
em!loyee. .oney out of safe. +oss of !#emises folloing use of $ey" unless" $ey is o%tained
violent %ehavio# of th#eats.
,OR.MAN@S COM)ENSATION:
1o#$e#s in any o#gani&ation a#e e(!osed to o#$ #elated accidents and a#e the#efo#e
ell !#otected unde# the UAE Fede#al +a No.; of 78;B and su%se)uent amendments the#eto.
The Fede#al +a of UAE ma$es it mandato#y fo# the em!loye#s to !ay com!ensation to the
em!loyee6s9 due to an accident a#ising out of and in the cou#se of thei# em!loyment.
1o#$menPs Com!ensation ,olicy indemnifies the em!loye# against all sums !aya%le unde# the
Page40
U.A.E. Fede#al +a No. ; of 78;B and su%se)uent amendments to !ay com!ensation to any
em!loyee due to accident a#ising out of and in the cou#se of em!loyment. The E(tensions
availa%le to this insu#ance a#e5 .edical E(!enses* .edical e(!enses %enefit fo# o#$ #elated
accidents fo# u! to AED 7B"BBBH@ !e# !e#son" su%'ect to the t#eatment %eing confined to
/ove#nment hos!italHclinics. 6>ighe# limits and !#ivate hos!itals H clinics can %e o!ted at e(t#a
!#emium9 E(!enses fo# Re!at#iation* Re!at#iation e(!enses fo# t#ans!o#ting the deceased
%ody folloing a o#$ #elated accident u! to AED A"BBBH@ !e# !e#son. 6>ighe# limits can %e
conside#ed at an e(t#a !#emium9 Em!loye#Ps +ia%ility* U! to AED 7"BBB"BBBH@Any One
Accident EHo# in the annual agg#egate. The !#emium #ate is a!!lica%le on the Estimated
Annual Ea#nings of the em!loyees hich is ad'usta%le at the end of the !olicy !e#iod %ased on
the actual annual ea#nings. The !#emium cha#gea%le de!ends on the natu#e of o#$" #is$
involved fo# the cove#He(tensions to the !olicy.
FIDELIT( GUARANTEE:
Des!ite the %est inte#nal cont#ol measu#es in any co#!o#ate activity" misha!s li$e
misa!!#o!#iation and em%e&&lements %y em!loyees do ta$e !lace. Fidelity /ua#antee
Insu#ance ,olicy !#otects em!loye#s against such e(!osu#es. Em!loye#s should conside# the
folloing !oints hile o!ting fo# Fidelity /ua#antee Insu#ance. Num%e# of em!loyees
handling cash" valua%les o# stoc$s E %onds. +imits of e(!osu#es. Em!loyees status and
c#edi%ility the !olicy cove#s any loss caused due to any act6s9 of Fo#ge#y o# em%e&&lement"
la#ceny E Ho# f#audulent act committed %y an em!loyee in the cou#se of thei# duties. The
!#emiums a#e calculated on the %asis of agg#egate limit of indemnity in addition to !e# ca!ita
!#emium.
LIA-ILIT( EM)LO(ERS:
Insu#ance as an e(tension to the 1o#$men0s Com!ensation Insu#ance" it can hoeve#"
%e issued as a stand@alone !olicy as !e# the #e)ui#ements of the custome#. Em!loye#0s
+ia%ility Insu#ance indemnifies em!loye#s to !ay com!ensation hich they a#e legally
#e)ui#ed to !ay unde# the Common +a fo# !e#sonal in'u#y o# death %y accident a#ising out of
and in the cou#se of the em!loyment. The ,olicy also !ays fo# all costs and e(!enses incu##ed
in defending any claim fo# com!ensation" %ut ith the !#io# consent of the com!any. The
ma(imum limit of lia%ility g#anted is AED 7"BBB"BBBH@ on any one occu##ence in the
Page41
agg#egate" %ut limited to AED =BB"BBBH@ !e# !e#son !e# accident" including all costs and
e(!enses du#ing the !e#iod of insu#ance. The indemnity !#ovided as com!ensation fo#
damages and costs E e(!enses of litigation shall %e as !e# UAE la and the 'u#isdiction is
United A#a% Emi#ates. The !#emium #ate is a!!lied on the +imit of Indemnity. The !#emium
#ate de!ends on the natu#e of o#$ and the #is$ involved.
LIA-ILIT( A )U-LIC:
The cove# suits all the ent#e!#eneu#s e(!osed to lia%ility due to negligence a#ising out
of accidents du#ing the cou#se of thei# %usiness o!e#ations. Salient Featu#es This !olicy
indemnifies against the amount the insu#ed is legally lia%le to !ay as damages to the
thi#d !a#ty victims. These may %e5 Com!ensation fo# accidental death" %odily in'u#y o# disease
to thi#d !a#ties. Damage to o# loss of !#o!e#ty %elonging to thi#d !a#ties a#ising out of an
accident" including legal costs incu##ed ith the !#io# consent of the insu#e#. +egal and civil
lia%ilities of the di#ecto#s and office#s of the com!any. E(tensions fo# !ollution and
t#ans!o#tation #is$s can %e conside#ed as !e# the #e)ui#ements of custome#s at additional #ates"
te#ms and conditions. ,#emium #ates de!end u!on the ty!e of #is$ %ased on ha&a#d g#ou!s
classified" the limit of lia%ility" the annual antici!ated tu#nove# and the natu#e H sco!e of
se#vices !#ovided. As the !#evailing !u%lic la is st#ingent and the cou#ts a#e aa#ding huge
sums a#ising out of lia%ilities" it is !#udent to ta$e such an insu#ance cove# even in cases he#e
it is not mandato#y.
ERECTION ALL RIS.:
E#ection All Ris$s Insu#ance REARS !#otects the inte#ests of !#inci!als and cont#acto#s
involved in e#ection of ,lants" .achine#y" >eavy E)ui!ments etc" against thei# e(!osu#e to
loss" damage o# lia%ility %y va#ious e(te#nal and inte#nal causes du#ing the cou#se of e#ection.
Cove#* Section@7 ,hysical +oss o# Damage* This Section !#ovides cove#age fo# losses and H o#
damages to mate#ials and e#ection o#$s oned %y !#inci!als and cont#acto#s H su%cont#acto#s
against5 Accidental damage du#ing const#uction. Fi#e" lightning. 1ate# damage" flood" sto#m
and tem!est. Colla!se" collision" im!act" %u#gla#y" theft and malicious damage" ai#c#aft.
4#ea$don o# e(!losion to any !a#t of the cont#act. Conse)uent damages due to defects in
mate#ial casting" o#$manshi! E design. Riot" st#i$e" su%sidence" landslide" cyclone"
hu##icane" ea#th)ua$e" and volcanic e#u!tions. Section@ = Thi#d ,a#ty +egal +ia%ility* This
Page42
section !#ovides indemnity to the thi#d !a#ty due to the +egal lia%ility of the insu#ed 6su%'ect
to the limits unde# the !olicy9 #esulting f#om negligence of the insu#ed o# his em!loyees
causing5 Accidental %odily in'u#y EHo# death to thi#d !a#ties 6Not mem%e#s of the insu#edPs
family o# thei# em!loyees9" Accidental damage to !#o!e#ty 6e(cluding !#o!e#ty %elonging to o#
in the custody o# unde# the cont#ol of the Insu#ed" his family mem%e#s o# his em!loyees9" and
+egal e(!enses fo# defending any !#oceedings ith Insu#e#Ps consent. .aintenance ,e#iod
RisBs: Afte# the E#ection o#$s" including testing and commissioning" cove#ed unde# the EAR
!olicy has %een com!leted" maintenance !e#iod cove# comes to effect. Du#ing This !e#iod the
cove# is against any loss EHo# damage that occu#s in the cou#se of the com!liance ith the
maintenance o%ligation unde# the cont#act. The !#emium is calculated on the total e#ection
value of the cont#act and is %ased on facto#s such as du#ation of cont#act" natu#e" location of
!#o'ect site" !e#iod of e#ection" e(!e#ience of the e#ecto#s etc.
CONTRACTOR ALL RIS.:
Cont#acto#sP All Ris$s Insu#ance RCARS !#otects the inte#ests of cont#acto#s involved in
civil" mechanical o# elect#ical cont#acts li$e const#uction of %uildings" %#idges" dams" toe#s
etc" against thei# e(!osu#e to loss" damage o# lia%ility %y a va#iety of e(te#nal and inte#nal
causes du#ing the cou#se of const#uction. Section 7* ,hysical +oss o# Damage* This section
!#ovides cove#age fo# losses on mate#ials and cont#act o#$s f#om a va#iety of #is$s such as5
Accidental damage du#ing const#uction Fi#e" lightning 1ate# damage" flood" sto#m and
tem!est Colla!se" collision" im!act" %u#gla#y" theft and malicious damage" ai#c#aft 4#ea$don
o# e(!losion to any !a#t of the cont#act e.g. +ifts in %uildings etc. Conse)uent damages due to
defects in mate#ial casting" o#$manshi! and design Riot" st#i$e" su%sidence" landslide"
cyclone" hu##icane" ea#th)ua$e" volcanic e#u!tions. Section =* Thi#d ,a#ty +egal +ia%ility* This
section !#ovides indemnity to thi#d !a#ty due to the +egal lia%ility of the insu#ed #esulting
f#om negligence of the insu#ed u! to an ag#eed limit6s9 fo#5 Accidental %odily in'u#y EHo#
death to thi#d !a#ties Accidental damage to !#o!e#ty 6e(cluding !#o!e#ty %elonging to o# in the
custody o# unde# the cont#ol of the insu#ed" and legal e(!enses fo# defending any !#oceedings
ith com!any0s consent. .aintenance Cove#* .aintenance ,e#iod Cove# !#otects the insu#ed
against any loss EHo# damage that occu#s in the cou#se of the com!liance ith the
maintenance o%ligation unde# the cont#act" su%'ect to the cause of such loss o# damage having
o#iginated du#ing the !e#iod of insu#ance. The !#emium is calculated on the %asis of cont#act
Page43
value" !e#iod of cont#act" value of Const#uction ,lant E .achine#y" natu#e and ty!e of !#o'ect"
!#evious loss histo#y of the cont#acto# and the e(!e#ience of the cont#acto#s in simila# ty!e of
!#o'ects.
INDI*IDUAL )ERSONAL ACCIDENT:
This cove# o!e#ates =F hou#s and on a o#ldide %asis. It !#ovides fo# !ayment of
s!ecified ca!ital %enefits folloing accidental death" %odily in'u#y" !e#manent total
disa%lement" and !e#manent !a#tial disa%lement" tem!o#a#y total and tem!o#a#y !a#tial
disa%lement caused %y an accident. In addition" the cove# also !#ovides #eim%u#sement of
eme#gency t#ans!o#tation to the nea#est hos!ital and also e(!enses incu##ed fo# !#e!a#ation
and #e!at#iation of the mo#tal #emains of the insu#ed !e#son f#om the !lace of death to the
count#y of #esidence. This cove# can also %e e(tended to cove# medical e(!enses. Cove#*
Accidental death* com!ensation is 7BBD ca!ital sum insu#ed. ,e#manent total disa%ility*
com!ensation is 7BBD ca!ital sum insu#ed. ,e#manent !a#tial disa%ility* com!ensation is as
!e# continental scale. Tem!o#a#y total disa%ility* com!ensation is calculated on the %asis of
sala#y ith a ma(imum of A= ee$s. .edical e(!enses* com!ensation u! to AED A"BBBH@ !e#
!e#son !e# in'u#y. Re!at#iation e(!enses* com!ensation fo# t#ans!o#tation o# %u#ial u! to AED
A"BBB !e# !e#son. ,#emiums a#e %ased on the sum insu#ed selected" age" natu#e of o#$" sala#y
levels and the o!tional %enefit selected.
GROU) )ERSONAL ACCIDENT:
This cove# o!e#ates =F hou#s and on a o#ldide %asis. It !#ovides fo# !ayment of
s!ecified ca!ital %enefits folloing accidental death" %odily in'u#y" !e#manent total
disa%lement" and !e#manent !a#tial disa%lement" tem!o#a#y total and tem!o#a#y !a#tial
disa%lement caused %y an accident. In addition" the cove# also !#ovides #eim%u#sement of
eme#gency t#ans!o#tation to the nea#est hos!ital and also e(!enses incu##ed fo# !#e!a#ation
and #e!at#iation of the mo#tal #emains of the insu#ed !e#son f#om the !lace of death to the
count#y of #esidence. This cove# can also %e e(tended to cove# medical e(!enses. Cove#*
Accidental death* com!ensation is 7BBD ca!ital sum insu#ed. ,e#manent total disa%ility*
Page44
com!ensation is 7BBD ca!ital sum insu#ed. ,e#manent !a#tial disa%ility* com!ensation is as
!e# continental scale. Tem!o#a#y total disa%ility* com!ensation is calculated on the %asis of
sala#y ith a ma(imum of A= ee$s. .edical e(!enses* com!ensation u! to AED A"BBBH@ !e#
!e#son !e# in'u#y. Re!at#iation e(!enses* com!ensation fo# t#ans!o#tation o# %u#ial u! to AED
A"BBB !e# !e#son. ,#emiums a#e %ased on the sum insu#ed selected" age" natu#e of o#$" sala#y
levels and the o!tional %enefit selected.
+ULL 8 MAC+INER(:
Shi!@one#s H Shi! .anage#s a#e e(!osed to va#ious ma#itime !e#ils and e !#ovide
the folloing cove#s #elated to it5 >ull E .achine#y Insu#ance RTime E -oyageS. Collision
+ia%ility. ,#otection E Indemnity Clauses ?>ulls. The Sum insu#ed is the value of the hull"
hich is #e)ui#ed to %e asce#tained and ag#eed u!on %y an inde!endent and )ualified .a#ine
Su#veyo#. The facto#s to %e conside#ed to a##ive at the !#emium a#e %ased on the folloing.
Ty!e of >ull. Tonnage. Fleet o# singleton. T#ade of the vessel. One#shi! H management.
Classification. Flag E #egist#y. -aluation of the vessel. ,ast loss histo#y. Insu#ance Conditions
offe#ed.
MARINE CARGO:
.a#ine Ca#go insu#ance !#otects all goods hilst in t#ansit" de!ending u!on the needs
of the client. Th#ee %#oad ty!es of cove# a#e availa%le" i.e. Institute Ca#go Clauses TAT" T4T
and TCT. The cove# ta$es ca#e of #is$s associated ith diffe#ent modes of t#ans!o#tation5
Cove#age may %e !#ovided fo# individual shi!ments o# unde# an ongoing cont#act $non as an
To!en !olicyT. An o!en !olicy is a cont#act !#e!a#ed in gene#al te#ms cove#ing s!ecified goods
on te#ms ag#eed and can %e issued to cove# goods shi!!ed anyhe#e in the o#ld on a
decla#ation %asis. Cove#age can va#y as unde#" %ased on the natu#e and ty!e. All #is$s %y sea o#
ai# o# !a#cel !ost.. All #is$s land t#ansit. Rest#icted cove# %y sea" ai#" !a#cel !ost o# land. The
Sum Insu#ed is the ag#eed value" hich in most cases ill %e CIF andHo# CEF !lus 7BD o#
FO4 !lus 7B to =BD. The facto#s ta$en into account fo# calculating the !#emiums de!end on
the natu#e and ty!e of ca#go" method of !ac$ing" mode of shi!ment" age and ty!e of vessel and
the !o#ts to %e used.
*E+ICLE E<)ORT INSURANCE:
Page45
Unde# this !olicy the cove# is g#anted hilst the vehicles a#e %eing t#ansfe##ed f#om
one Emi#ate to anothe# ithin the UAE %y vi#tue of the E(!o#t ,late g#anted %y the conce#ned
T#affic De!a#tment fo# the same !u#!ose. The insu#ance cove# e(!i#es hen the vehicle is
#egiste#ed at a final destination o# e(!i#y of num%e# of days cove#ed" hich eve# shall occu#
fi#st.
MOTOR T+IRD )ART( LIA-ILIT(:
Unde# this !olicy the com!any unde#ta$es to com!ensate the insu#ed in the
event of an accident caused %y o# a#ising out of the use of the moto# vehicle su%'ect to the
limits s!ecified in this !olicy" against all sums hich the insu#ed shall %ecome legally lia%le to
!ay as com!ensation. Death o# %odily in'u#y to any !e#son including the !assenge#s in
the vehicles" e(ce!t the insu#ed o# the d#ive# at the time of the accident and thei# families
s!ouse" !a#ents and child#en and the em!loyees of the insu#ed if they a#e in'u#ed du#ing the
o#$ing hou#s o# as a #esult of thei# o#$. Damages fo# mate#ials and !#o!e#ty" e(ce!t those
oned %y the insu#ed o# the d#ive# at the time of the accident o# !#o!e#ty held in t#ust o# in
thei# custody o# cont#ol.
MOTOR COM)RE+ENSI*E:
Unde# the moto# insu#ance !olicy" the Com!any indemnifies the insu#ed as
unde#5 SECTION 7 The Com!any unde#ta$es to indemnify the insu#ed fo# loss of o# damage
to the insu#ed vehicle" its accesso#ies and s!a#e !a#ts hilst the#eon5 4y accident o# accidental
collision o# ove#tu#ning conse)uent u!on mechanical %#ea$don o# conse)uent u!on ea# and
tea#. 4y fi#e" e(te#nal e(!losion" self ignition" lightning o# thunde#%olt. 4y %u#gla#y o# theft.
4y malicious act of any thi#d !a#ty. 1hilst %eing in t#ansit 6including the !#ocess of loading
and unloading incidental to such t#ansit9 %y #oad" #ail" inland ate#ay" lift o# elevato#"
#elating to the said t#ans!o#tation. SECTION = against Thi#d ,a#ty +ia%ility. The com!any
shall com!ensate the insu#ed in the event of an accident caused %y o# a#ising out of the use of
the moto# vehicle" su%'ect to the limits s!ecified in this !olicy" against all sums hich the
insu#ed shall %ecome legally lia%le to !ay as com!ensation fo#. Death o# %odily in'u#y to any
!e#son including the !assenge#s in the vehicles e(ce!t the insu#ed o# the d#ive# at the time of
the accident and thei# families s!ouse" !a#ents and child#en and the em!loyees of the insu#ed if
Page46
they a#e in'u#ed du#ing the o#$ing hou#s o# as a #esult of thei# o#$. Damages fo# mate#ials
and !#o!e#ty" e(ce!t those oned %y the insu#ed o# the d#ive# at the time of the accident o#
!#o!e#ty held in t#ust o# in thei# custody o# cont#ol.
DETERIORATION OF STOC. INSURANCE:
The cove# indemnifies the insu#ed against !hysical loss o# damage to stoc$s such as
f#o&en foods and othe# chilled and f#o&en items hich a#e dest#oyed due to unfo#eseen o#
sudden %#ea$don of #ef#ige#ating e)ui!ment. The Dete#io#ation of Stoc$ Insu#ance is
designed to !#ovide cove#age against damage o# loss f#om dete#io#ation of stoc$s in a
cont#olled tem!e#atu#e due to the %#ea$don of #ef#ige#ating e)ui!ment H machine#y. In o#de#
to have a full unde#standing of the natu#e and sco!e of cove#age it is #ecommended that !olicy
o#dings may %e #efe##ed to" o#" contact ou# technical staff ho ould %e ha!!y to assist you.
,#emiums a#e calculated on the %asis of facto#s such as value of stoc$ in cold sto#age" age and
condition of #ef#ige#ating machine#y" location" const#uction of %uilding" natu#e and ty!e of
#is$" indust#y e(!e#ience" !#evious loss histo#y etc.
ELECTRONIC E9UI)MENT:
Elect#onic e)ui!ment used in va#ious indust#ial o!e#ations and offices a#e e(!osed to
#is$s of unfo#eseen o# sudden causes #esulting in loss o# damage. This !olicy cove#s elect#onic
e)ui!ment against any unfo#eseen o# sudden !hysical loss o# damage" e(ce!t those s!ecifically
e(cluded unde# !olicy te#ms. The !olicy cove#s the insu#ed items at o#$ o# at home" o#
%eing dismantled fo# the !u#!ose of cleaning" ove#hauling o# %eing shifted ithin the
!#emises" o# in the cou#se of the afo#esaid o!e#ations" o# du#ing su%se)uent e#ection afte#
commissioning. The sum insu#ed should %e the #e!lacement cost including f#eight" duty" cost
of e#ection and othe# dues. If the sum insu#ed is found to %e inade)uate" ou# !olicy ill !ay in
such !#o!o#tion as the sum actually insu#ed %ea#s to the sum that should have %een insu#ed at
the outset. ,#emium calculations a#e %ased on facto#s such as values" ty!e" ma$e" model and
age" natu#e and ty!e of indust#y he#e the e)ui!ment is %eing used" e(!e#ience of the indust#y"
loss histo#y.
MAC+INER( LOSS OF )ROFITS:
Page47
Conse)uential losses folloing a %#ea$don of machine#y" !lant o# e)ui!ment due to a
sudden o# unfo#eseen event can sometimes %e o#se than the e(tent of the !hysical damage.
,#oduction and %usiness o!e#ations may cease. >oeve#" fi(ed e(!enses such as sala#y"
ages" inte#est on ca!ital" #ent etc" ill continue to %e incu##ed" #esulting in the loss of g#oss
!#ofits and inc#eased cost of o#$ing du#ing the inte##u!tion !e#iod. .achine#y +oss of
,#ofits ,olicy !#otects the insu#ed %y indemnifying the loss in g#oss !#ofits and the inc#eased
cost of o#$ing du#ing the inte##u!tion !e#iod in such contingencies as stated a%ove. The
.achine#y +oss of ,#ofits ,olicy can only %e issued hen the machine#y %#ea$don cove# is
in !lace. ,#emium calculations a#e %ased on facto#s such as total tu#nove#" estimated g#oss
!#ofits" !e#iod of indemnity" volunta#y time e(cess" natu#e and ty!e of #is$" location" indust#y
e(!e#ience " !#evious loss histo#y etc.
+EALT+ INSURANCE:
>ealth Insu#ance One of the most im!o#tant ty!es of insu#ance to have is health
insu#ance. Lou# good health is hat allos you to o#$ and ea#n money and othe#ise en'oy
life. If you e#e to come don ith a sic$ness o# have an accident ithout health insu#ance
you may find you#self una%le to #eceive t#eatment o# even in de%t to the hos!ital. Than$fully"
many em!loye#s !#ovide health insu#ance %enefits to full@time and even some !a#t@time
em!loyees. If you do not cu##ently have health insu#ance cove#age this is the fi#st !lace to
chec$ as it ill gene#ally %e the most affo#da%le. If you a#e ma##ied" you may %oth %e a%le to
#eceive cove#age unde# 'ust one of the em!loye# !lans. If you# em!loye# does not offe# health
insu#ance o# you a#e self@em!loyed you still need it. 1hile it may not %e chea! the fact
#emains5 hat do you have if you don0t have you# healthU Even a %asic hos!ital %ill ithout
insu#ance can #un into the thousands of dolla#s. It isn0t o#th #is$ing financial #uin to save a
fe %uc$s on a health insu#ance !#emium.
LIFE INSURANCE:
This ty!e of !olicy is mo#e im!o#tant if you a#e ma##ied andHo# have child#en. Lou# life is
valua%le %ecause it is hat allos you to o#$ and ea#n an income to !#ovide fo# you# family.
1hen you a#e gone you c#eate an income ga! hich could !ut you# s!ouse o# child#en in
financial t#ou%le. Death is ha#d enough5 don0t ma$e it even ha#de# %y !utting you# loved ones
in a financial 'am if the unfo#tunate does ha!!en. Fune#als alone can %e e(!ensive and it
Page48
c#eates even mo#e st#ess on the family. At the ve#y least you should have enough to cove#
%asic fune#al e(!enses and !#ovide a cushion fo# you# family" and at most it should !#ovide a
st#eam of income fo# you# family that can #e!lace hat is no gone. If you do not cu##ently
have life insu#ance you# %est %et is to chec$ ith you# em!loye# fi#st. .any em!loye#s offe# a
%asic life insu#ance as a %enefit and some even allo you to !u#chase additional cove#age at a
ve#y affo#da%le #ate. Outside of em!loye# !lans the#e a#e hund#eds of insu#ance com!anies
that can !#ovide the #ight cove#age fo# you.
T()ES OF RIS.S:
1ith #ega#ds insu#a%ility" the#e a#e %asically to catego#ies of #is$s.
7. S!eculative o# Dynamic #is$s.
=. ,u#e o# static #is$.
S)ECULATI*E OR D(NAMIC RIS.:
S!eculative #is$ is a situation in hich eithe# !#ofit o# loss is !ossi%le.
F"r eCa%;!e" %etting on ho#se #ace" investing in stoc$H %onds and #eal estates. in the %usiness
level " in the daily conduct of its affai#s " eve#y %usiness esta%lishment faces decision that
entail an element of #is$. The decision to ventu#e into a ne ma#$et " !u#chase ne
e)ui!ments" dive#sify on e(isting !#oduct line " e(!and o# cont#act a#eas of o!e#ations "
commit mo#e to adve#tising " %a##o additional ca!ital etc ." ca##ies #is$s inhe#ent to the
%usiness .The outcome of the s!eculative #is$ is eithe# %eneficial o# loss s!eculative #is$ is a
non insu#a%le .
)URE OR STATIC RIS.:
,u#e 6static9 is a situation in hich the#e a#e only the !ossi%ilities of loss o# no loss" as
o!!ose to loss o# !#ofit ith s!eculative #is$. The only outcome of !u#e #is$s a#e adve#se 6in a
loss9 o# neut#al 6ith no loss9" neve# %eneficial. E(am!le of !u#e includes !#e matu#e death
occu!ational disa%ility" catast#o!hic medical e(!enses" and damage to !#o!e#ty due to fi#e"
lighting o# flood.
Page49
It is im!o#tant to distinguish %eteen !u#e and static #is$ fo# th#ee #easons. Fi#st"
th#ough the use of comme#cial" !e#sonal and lia%ility insu#ance !olicies" insu#ance com!anies
in the !#ivate secto# gene#ally insu#e only !u#e #is$.
T()ES OF )URE /STATIC0 RIS.S:
The ma'o# ty!es of !u#e #is$s that a#e associated ith g#eat economic and financial
insecu#ity include.
o
,e#sonal #is$
o
,#o!e#ty #is$
o
+ia%ility #is$
,e#sonal Ris$s a#e #is$s that di#ectly affect an individual .They involved the !ossi%ility of loss
o# #eduction of income" of e(t#a e(!enses" and the elimination of financial assets.
T+ERE ARE FOUR MA2OR )ERSONAL RIS.S:
Ris$s of !oo# health include %ills and the loss of ea#ned income. . ,#o!e#ty #is$s a#e
the #is$ of having !#o!e#ty damaged o# loss f#om nume#ous !e#ils. ,#o!e#ty loss can occu# as a
#esult of fi#e " lightening" indsto#ms" hail" and a num%e# of othe# causes.
+ia%ility #is$s a#e anothe# im!o#tant ty!e of !u#e #is$ that many !eo!le face. .o#e than
eve#" e a#e living in a litigious. One can %e used fo# any f#ivolous #eason. One has to defend
himself hen used" even hen the suit is ithout me#it.
FUNDAMENTAL RIS. AND )RO)ERT( RIS.S:
Fundamental #is$ affects the enti#e economy o# la#ge num%e# of !eo!le o# g#ou!s
ithin the economy. E(am!le of fundamental #is$ is inflation" UN em!loyment" a# and
natu#al disaste#.
T()ES OF )OLICIES ,+IC+ A)ROAC+ FOR AR-L:
3. INDUSTRIAL ALL RIS. )OLIC( /IAR0:
.E( FEATURES:
It is an all #is$ !olicy defined %y e(clusions.
Unde#insu#ance u! to 7AD is aived.
Page50
It !#ovides cove# fo# mate#ial damage fo# fi#e and allied !e#ils and also %#ea$don
along ith conse)uential loss cove# less than one !olicy document.
,+AT DOES T+IS INSURANCE CO*ER?
This !olicy offe#s #is$ solutions suita%le to TAllT insu#ance #e)ui#ements of most small
and medium ente#!#ises
STANDARD FIRE AND S)ECIAL )ERILS:
Cove#s you# !#o!e#ty against loss o# Damage due to Fi#e +ightning E(!losion H Im!losion
Ai#c#aft damage
Riot st#i$e and malicious damage
Sto#m" cyclone" ty!hoon" tem!est hu##icane" to#nado" flood and inundation
Im!act damage due to #ail #oad vehicle o# animal not %elonging to insu#ed" Su%sidence
and landslide including #oc$slide
4u#sting andHo# ove#floing of ate# tan$s a!!a#atus and !i!es
.issile testing o!e#ations
+ea$age f#om automatic s!#in$le# installations E
4ush fi#e
,+AT ARE T+E OT+ER CO*ERS A*AILA-LE ,IT+ T+IS
INSURANCE?
Lou can o!t fo# the folloing o!tional cove#s %elo*
-URGLAR(: Cove#s all contents 6cove#ed unde# Standa#d Fi#e E S!ecial !e#ils9
against 4u#gla#y o# >ouse%#ea$ing 6theft folloing u!on an actual fo#ci%le and
violent ent#y of o# e(it f#om the !#emises9" o# >oldu! including Ro%%e#y.
MONE( IN SAFE: Cove#s loss of money 6cash" %an$ notes" cu##ency notes H coins"
%an$ d#afts" che)ues " !ostal o#de#s" money o#de#s" t#easu#y notes" cu##ent !ostage and
#evenue stam!s9 %elonging to the %usiness of the insu#ed hilst secu#ely $e!t in the insu#ed
!#emises and loss o# damage to any safe" st#ong #oom o# cash %o( secu#ing money.
Page51
MONE( IN TRANSIT: Cove#s loss of money %elonging to the %usiness of the insu#ed
hilst in t#ansit %eteen the %usiness !#emises and H o# !#emises of insu#edPs %an$e#s and H
o# locations o# s!ecified.
ELECTRONIC E9UI)MENT: Cove#s elect#onic e)ui!ments 6e.g. com!ute#s"

!#inte#s" fa(" U,S9 e.t.c." against any unfo#eseen sudden !hysical loss o# damage unless
e(cluded s!ecifically.
)ORTA-LE E9UI)MENTS: Cove#s !o#ta%le e)ui!ments e.g. la!to!s e.t.c." against

any loss" dest#uction o# damage %y Fi#e" Riots and st#i$es" Theft %y visi%le !hysical fo#ci%le
and violent means and accidental occu##ence unless e(cluded s!ecifically.
MAC+INER( -REA.DO,N: ,#ovides cove# fo# unfo#eseen and sudden !hysical

damage due to elect#ical o# mechanical %#ea$don e.g. ai# conditione#s" #ef#ige#ato#s"
!hotoco!ying machines.
)LATE GLASS: Cove#s loss o# damage to the ,late glass com!letely and secu#ely fi(ed
in the insu#ed !#emises %y accidental means.
NEON SIGN: Cove#s loss o# damage to the neon H glo sign secu#ely fi(ed in the
insu#ed !#emises %y accidental means including Fi#e" Riot and st#i$es.
,OR.MENDS COM)ENSATION: Cove#s Lou fo# you# lia%ility unde# the

1o#$menPs Com!ensation ActP 78=: and Ho# Fatal accidents ActP7;AA and H o# Common la
to !ay com!ensation to em!loyees fo# %odily in'u#y o# death caused due to
accidentsHoccu!ational diseases a#ising out of and in cou#se of em!loyment
)ERSONAL ACCIDENT: Cove# death H disa%ility caused to you# em!loyees due to

sudden" unfo#eseen" uncont#olla%le and une(!ected !hysical event caused %y e(te#nal"
violent and visi%le means.
)U-LIC LIA-ILIT(: ,#otects Lou against you# legal lia%ility in #es!ect of accidental
%odily in'u#y to thi#d !a#ties and o# accidental loss and Ho# damage to !#o!e#ty %elonging to
thi#d !a#ties" Offe#s Food E 4eve#age #ide#" E(t#a Facility #ide#" Ca#e" Custody and Cont#ol
#ide#" Act of /od #ide#
Page52
-AGGAGE: Cove#s loss" dest#uction o# damage to the accom!anied !e#sonal %aggage of

the Insu#ed
FIDELIT( GUARANTEE: Insu#es you against di#ect financial loss due to f#aud o#
dishonesty of the em!loyee.
,+AT IS NOT CO*ERED UNDER T+IS INSURANCE?
STANDARD FIRE 8 S)ECIAL )ERIL:

+oss" dest#uction o# damage caused %y
o
1a# o# a# li$e o!e#ations
o
Ioni&ing #adiations" contaminations %y #adioactive" nuclea# fuels o# aste
o
,ollution o# contaminations losses
o
+osses of ea#nings o# loss of .a#$et
o
Te##o#ists act.
-URGLAR(:
+oss" Dest#uction o# damage caused %y*
o
Fi#e o# e(!losions
o
Inmates o# mem%e# of the insu#edPs household o# %usiness staff.
ELECTRONIC E9UI)MENT: +oss" dest#uction" o# damage caused %y

o
1ea# E Tea#
o
Faults o# detects e(isting at the time of commencement of insu#ance ithin the
$noledge of insu#ed o# his #e!#esentative
)ORTA-LE E9UI)MENT: +oss" dest#uction o# damage caused %y

Page53
o
,#ocess of cleaning" #esto#ing" #e!ai#ing o# dete#io#ation a#ising f#om ea# and tea#"
moth ve#min" insects o# any othe# g#adually occu##ing cause
o
C#ac$ing" sc#atching
o
Detention o# confiscation %y customs o# othe# autho#ities
o
Conse)uential losses o# legal lia%ility of any $ind
MAC+INER( -REA.DO,N: +oss" dest#uction o# damage caused %y

o
1illful act o# neglect o# g#oss negligence
o
Dete#io#ation o# ea#ing aay H out %y no#mal use
MONE(: +oss caused %y

o
Collusion %y any em!loyee o# agent of the Insu#ed
o
Use of $eys o# du!licate $eys
o
Use of counte#feit money
)LATE GLASS 8 NEON SIGN: +oss" dest#uction" o# damage caused %y

o
Sc#atches E C#ac$s
o
1hilst #emoving" #e!lacing o# in cou#se of alte#ation
,OR.MENDS COM)ENSATION: +ia%ility a#ising out of

o
1illful o# intentional non com!liance of any statuto#y !#ovision
o
Fines" !enalties" !unitive and H o# e(em!la#y damage.
)RO)ERT( RIS. INFORMATION:
Const#uction @ Ty!e Of Const#uction
Occu!ancy @ The .anufactu#ing Activity
,#otection @ Fi#e ,#otection And Safety .easu#es
Page54
E(!osu#e @ Su##ounding And Catast#o!he
,#ocess Desc#i!tion
,olicy Details @ Sum Insu#ed
+oss >isto#y H Claims E(!e#ience
4. MARINE CARGO O)EN )OLIC( /TATA AIG0:
.a#ine ca#go o!en !olicy cove#s the all t#ans!o#tation #is$ fo# all mate#ial damage due to
accidents.
INTEREST INSURED:
Im!o#ts 6including im!o#ts on CIF %asis9* Ra mate#ials" inte#mediates finished
!#oducts" !ac$ing mate#ials" semi finished !#oducts" machine#y" consuma%les and s!a#es and
such othe# incoming mate#ial !e#taining to assu#eds manufactu#ing activity. The inte#est
insu#ed includes duty 6!aidHnotional9" including lead.
MARINE TRANSIT )OLICIES:
7..ARINE O,EN ,O+ICL
=..ARINE O,EN CO-ER
MARINE O)EN )OLIC(:
Floating !olicy@ Inland t#ansit

Not necessa#y to ta$e individual !olicies fo# each t#ansit.
,e#iodical decla#ations.
S.I. Fi(ed on the %asis of monthly o# annual estimated des!atches.
Afte# 7= months" !#emium #efunded against undecla#ed S.I.
,olicy e(!i#es afte# 7= months o# S.I. E(hausted hicheve# fi#st occu#s.
Continuous insu#ance !#otection.
Page55
RIS. CO*ERAGES:
Inland T#ansit Clause 2A3@All Ris$
Fi#e
+ightning
4#ea$age of %#idges
Collision ith o# %y the vehicle
De#ailment o# accident to the vehicle
Non delive#y
Theft and !ilfe#age
F#esh andHo# #ain ate# damage and damage %y hoo$s" oil" mud" acid etc.
DURATION:
Ris$ sta#ts f#om the commencement of t#ansit till it #eaches the a#ehouse at
destination o# until e(!i#y of < days f#om a##ival of vehicle at the destination ton"
*ALUATION:
C.I.F V 7BD
Decla#ations %ased on this valuation
,#o#ate !#emium on undecla#ed Sum Insu#ed #efunded afte# the !olicy e(!i#e
CLAIM DOCUMENTS:
O#iginal !olicy %eing document of title
Cont#act of af#eightment li$e
Railay Recei!t 6R.R.9
+o##y Recei!t 6+.R.9
Page56
Invoice
,ac$ing list
Su#vey #e!o#t
Claim fo#m
Discha#ge fo#
RECO*ER( DOCUMENTS LI.E E.
+ette# of Su%#ogation
S!ecial ,oe# of Atto#ney
O!en delive#y ce#tificate
Non delive#yHsho#t delive#y ce#tificate
Co!y of claim lodged on ca##ie#s
MARINE RECO*ER(:
In the event of lossHdamage to ca#go" the Insu#ed to file a claim notice %y ay of #egd
!ost ac$ due against the ca##ie#s" ho a#e %ailees" ithin C months in case of #ailH#oad
t#ansit.
Afte# notice of claim as a%ove" the Insu#ance Com!any ill initiate the suit
!#oceedings %y vi#tue of lette# of su%#ogation.
MARINE O)EN CO*ER:
Floating Cove# fo# 7= months ? Im!o#tsHE(!o#ts On decla#ation" the Insu#ance Co.
issues Ce#tificate of Insu#ance against !#emium de!osit. Offe#s continuous !#otection even if
one dis!atch is not decla#ed e##oneously o# delayed.
RIS.S CO*ERED
Fi#e o# e(!losion
Page57
-essel st#anded" g#ounded o# sun$
Ove#tu#ningHde#ailment of land conveyance.
Collision of vessel ith any e(te#nal o%'ect
Discha#ge of ca#go at a !o#t of dist#ess
Ea#th)ua$eHvolcanic e#u!tion o# lightning
/ene#al Ave#age sac#ifice
Iettison
1ashing ove#%oa#d
Ent#y of sea ate# in to the vessel
Total loss of any !ac$age lost ove#%oa#d o# d#o!!ed hile loading and unloading
All Ris$s I.C.C 6C9 Cove#s all the a%ove #is$s !lus all othe# #is$s li$e TheftH!ilfe#ageHnon
delive#y" %#ea$age" lea$age and any othe# e(t#aneous facto#s.
RIS. E<CLUSIONS:
Insufficiency o# unsuita%ility of !ac$ing.
O#dina#y lea$ageHloss in eightHea# and tea#.
Damage due to inhe#ent natu#e of goods
+oss due to insolvency of the one#sHo!e#ato#s of the vessel.
damage due to use of ea!on o# a# em!loying atomic o# nuclea# fusion
O)EN CO*ER CLAUSES:
,e# %ottom limitH!e# location limit
4asis of valuation* C.I.F V7BD Incidental cha#ges
Page58
Du#ation* On #eaching the a#ehouse at destination o# on e(!i#y of CB days afte#
discha#ging f#om the ove#seas vessel at the final !o#t of discha#ge" hicheve# fi#st
occu#s.
Ris$ of a !a#ticula# shi!ment uninsu#ed th#o0 ove#sight@Unintentional failu#e to #e!o#t
a shi!ment does not void o!en cove# !#ovided sufficient !#emium in de!osit.
IM)ORT CLAIM DOCUMENTS:
O#iginal !olicyHCe#tificate of Insu#ance %eing document of title.
Cont#act of Aff#eightment *4ill of +adingHAi# 1ay %ill
Invoice
,ac$ing +ist
Su#vey Re!o#t
Recove#y documents* +ette# of Su%#ogationHS!ecial ,oe# of atto#ney.
4ill of Ent#y
+ost Ove#%oa#d Ce#tificate
+anding #ema#$s*
Issued %y ,o#t Auth. Confi#ming the condition of ca#go on a##ival.
Co!y of Claim lodged on Ca##ie#s.
+ost Ove#%oa#d Ce#tificate
+anding #ema#$s* Issued %y ,o#t Autho#ities confi#ming the condition of ca#go on
a##ival. Co!y of claim lodged on ca##ie#s fo# #ecove#y of loss o# damages.
MARINE RECO*ER(:
In the event of lossHdamage to ca#go" the Insu#ed to file a notice of claim against the
ca##ie# %y ay of Regd !ost act ithin s!ecified !e#iod of < @ =7 days de!ending u!on the
mode of conveyance.
In case the ca##ie# does not ma$e good the loss" the Insu#e# files a suit against the
ca##ie# ithin a yea# in case of sea %o#ne ca#go.
Page59
5. -USINESS GUARD )OLIC( /TATA AIG INSURANCE0:
4usiness gua#d !olicy is insu#ance !olicy" it cove#s all %usiness assets.
-USINESS GUARD A COMMERCIAL:
ATTAC+ED TO AND FORMING )ART OF T+E )OLIC( NO: FG57FF64GH.
CONDITIONS:
Su%'ect to the folloing additional conditionsHa##anties to %e #ead ith the o#dings of the
,olicy 6and Ride#s #ef e##ed if any9 he#eto.
CO*ERAGE SECTIONS A /FIRE -UILDING AND 'OR CONTENTS9*
Ea#th)ua$e Fi#e E Shoc$ Endo#sement
Te##o#ism Damage Cove# Endo#sement
E(cluding !#o!e#ties of clientsHcustome#sH/uestsHem!loyee
E(cluding money" moneta#y inst#uments and valua%les of eve#y desc#i!tion
Reinstatement -alue Clause
+ocal Autho#ities Clause
Designation of ,#o!e#ty Clause
Im!act Damage %y Insu#ed On vehicles Clause
Theft
<= ># Clause
On Account ,ayment Clause
1a##anted that the unit !#o!osed fo# insu#ance is occu!ied as stated and not othe#ise.
1a##anted the locations a#e not used as godons H stand alone sto#ages of any ty!e" o#
fo# any othe# activity not di#ectly #elated to stated occu!ancy" no# any activity that can
!otentially im!act #is$ !e#ce!tions on the said occu!any.1a##anted the #is$ location6s9
a#e not used as sho!sHsales ect.
)RINCI)AL E<CLUSIONS:
IAJ A))LICA-LE TO NON TARIFF CO*ERAGE SECTIONS:
R7S Te##o#ism
R=S Invento#y +osses
R:S /lass not ade)uately fi(ed
RFS Costs toa#ds design" gla&ing of glass o# simila# 'o% o#$s
Page60
RAS Su!e#ficial sc#atches
I-J FOR TARIFF CO*ERS 1 AS )ER RES)ECTI*E TARIFFS ICJ LEI
CO*ER IS E<CLUDING:
Te##o#ism Ris$ as the same is deemed included in SFS, Cove#" if not included H else an
Additional #ate of B.=B !e# mille ill %e a!!lica%le
CO*ERAGE SECTION - /-URGLAR(9*
E(cluding money" moneta#y inst#uments and valua%les of eve#y desc#i!tion unless
s!ecifically cove#ed.
=AD Fi#st +oss 4asis
CO*ERAGE SECTION C /MONE(0 MONE( IN SAFE:
1a##anted $eysHcom%ination notes of safe not to %e left on !#emises .oney in T#ansit
1a##anted money not to %e left unattended anytime anyhe#e
1a##anted e(isting !#otection" detection and ala#m systems to %e in full o!e#ation at all
times
1a##anted daily #econciliation of ca##yings Ht#ansactions
MONE( IN TRANSIT:
.oney in T#ansit E(tension as !e# Anne(u#e attached
1a##anted money not to %e left unattended anytime anyhe#e
1a##anted daily #econciliation of ca##yings Ht#ansactions
1a##anted ca##yings to %e !#efe#a%ly in Insu#ed s on vehicleHta(i
Condition < of the ,olicy #elating to ,#emium Ad'ustment stands deleted. The Insu#ed
shall. >oeve# $ee! a com!lete #eco#d of all amounts in t#ansit du#ing the ,e#iod of
Insu#ance.
1a##anted that Cash t#ansits a#e done ithin AB $ms #adius o# munici!al limits of the
conce#ned office hicheve# is less E e(cluding ove#night cove#.
1a##anted no use of !u%lic t#ans!o#t fo# cash e(ceeding Rs ABBBBH@
CO*ERAGE SECTION D /)U-LIC LIA-ILIT(0:
E(cluding ,#ofessional +ia%ility Cove#
Page61
E(cluding ,#oducts +ia%ility Cove#
E(cluding Cove# in Res!ect of Food and 4eve#ages
E(cluding all Const#uction Related +ia%ility Ris$s
E(cluding #esidentsH tenantsH em!loyees and othe# !e#manent occu!ie#s of the Insu#ed
!#emises.
No cove# fo# !#o!e#ty unde# ca#e" cont#ol and custody of the insu#ed.
CO*ERAGE SECTION F /EM)LO(EE FIDELIT(0:
1a##anted #eco#d of all insu#ed em!loyees to %e maintained and no em!loyee to %e
#elieved.
F#om the em!loyment of the Insu#ed 6T#ansfe#s to associate H g#ou! H !a#ent com!anies
shall %e deemed as cessation of em!loyment9 until full #econciliation is com!leted.
1a##anted dual cont#ol systems to !#evail on all t#ansactions and dual signato#ies on all
moneta#y inst#uments H inst#uctions.
1a##anted daily cash@%oo$ #econciliation and #egula# !e#iodic #econciliation of all
asset
.ovements and moneta#y t#ansactions including ith %an$s and thi#d !a#ties.
E(cluding all monies due to the def#auding em!loyee %y ay of te#minal %enefits.
E(cluding !e#sons on sho#t te#m cont#acts H a!!#entices H and e(cluding em!loyees of
Cont#acto#s H su% cont#acto#s H !#inci!als.
Any one occu##ence shall mean one claim o# se#ies of claims a#ising out one o# mo#e
acts of
F#aud H dishonesty on the !a#t of one o# mo#e em!loyees acting in collusion involving
one o# mo#e %usiness locations
CO*ERAGE SECTION G /)LATE GLASS0
o E(cluding damage o# loss as a conse)uence o# a#ising out of any alte#ation o# o#$
ca##ied out in the !#emises.
CO*ERAGE SECTION R /ALL RIS.S 1 )ORTA-LE E9UI)MENT0:
o 1a##anted insu#ed items to %e !e#sonally hand@ca##ied hilst in t#ansit. Fu#the# a##anted
o Recove#ies f#om ca##ie#sH agents %e !#om!tly !u#sued in #es!ect of e)ui!mentH inst#ument
Page62
o Undelive#edH delive#ed damaged if ta$en into the custody of ca##ie#s.
o The Sum insu#ed shall %e e)ual to the cost of #e!lacement of the insu#ed !#o!e#ty %y ne
o ,#o!e#ty of the same $ind and same ca!acity" hich shall mean its #e!lacement cost
including
o F#eight" dues and customs duties" if any.
o 4asis of Indemnity shall %e @
o ,a#tial +oss @ e(!enses necessa#ily incu##ed to #esto#e the damaged machine to its fo#me#
state of
o Se#vice a%ility !lus the cost of dismantling and #e@e#ection incu##ed fo# the !u#!ose of
effecting
o The #e!ai#s as ell as o#dina#y f#eight to and f#om a #e!ai#@sho! customs duties and dues
if any" to the e(tent such e(!enses have %een included in the Sum Insu#ed.
o No deduction shall %e made fo# de!#eciation in #es!ect of !a#ts #e!laced" e(ce!t those
ith
o +imited life" %ut the value of any salvage ill %e ta$en into account. If the cost of #e!ai#s
as
o Detailed he#eina%ove e)uals o# e(ceeds the actual value of the e)ui!ment insu#ed
immediately
o 4efo#e the occu##ence of the damage" the settlement shall %e made on Total +oss %asis as
o ,#ovided fo# %elo.
o Total +oss @ actual value of the item immediately %efo#e the occu##ence of the loss"
including
o costs fo# o#dina#y f#eight" e#ection and customs duties if any" !#ovided such e(!enses have
%een
o included in the sum insu#ed" such actual value to %e calculated %y deducting !#o!e#
de!#eciation
o F#om the #e!lacement value of the item. The Com!any ill also !ay any no#mal cha#ges
fo# the Dismantling of the machine#y dest#oyed" %ut the salvage ill %e ta$en into account.
o /eog#a!hical +imit@ ithin India It is a##anted insu#ed items to %e !e#sonally hand@
ca##ied hilst in t#ansit. Fu#the# a##anted.
o that #ecove#ies f#om ca##ie#sH agents %e !#om!tly !u#sued in #es!ect of e)ui!mentH
inst#ument
Page63
o Undelive#edH delive#ed damaged if ta$en into the custody of ca##ie#s.
o The Sum insu#ed shall %e e)ual to the cost of #e!lacement of the insu#ed !#o!e#ty %y ne
o ,#o!e#ty of the same $ind and same ca!acity" hich shall mean its #e!lacement cost
including
o F#eight" dues and customs duties" if any.
Asset #egiste# maintained %y the insu#ed as on the date of ince!tion of the !olicy.
And the E)ui!ment H machine#y value as !e# the asset #egiste# should not e(ceed the total
sum insu#ed of the e)ui!ment H machine#y as mentioned in the cove#age section of the
!olicy schedule.
CO*ERAGE SECTION /ALL RIS.S 1 SIGNS0:
4asis of Indemnity shall %e the de!#eciated ma#$et value dete#mined as at time of loss" of
the
Insu#ed items.
1a##anted e(cluding elect#onicHelect#icalHmechanical de#angement
CO*ERAGE SECTION + /ELECTRONIC E9UI)MENT0:
As !e# #ide# attached
It is a##anted that all e)ui!ment H machine#y cove#ed unde# the section a#e included in the
Asset #egiste# maintained %y the insu#ed as on the date of ince!tion of the !olicy. And the
E)ui!ment H machine#y value as !e# the asset #egiste# should not e(ceed the total sum
insu#ed of
the e)ui!ment H machine#y as mentioned in the cove#age section of the !olicy schedule.
CO*ERAGE SECTION M /MAC+INER( -REA.DO,N0:
As !e# #ide# attached
It is a##anted that all e)ui!ment H machine#y cove#ed unde# the section a#e included in the
asset #egiste# maintained %y the insu#ed as on the date of ince!tion of the !olicy. And the
E)ui!ment H machine#y value as !e# the asset #egiste# should not e(ceed the total sum insu#ed
of the e)ui!ment H machine#y as mentioned in the cove#age section of the !olicy schedule.
Page64
CO*ERAGE SECTION T /TRA*EL -AGGAGE0:
E(cluding money and moneta#y inst#ument" 'eelle#y and valua%les of eve#y desc#i!tion5
and S!o#ts and ,hotog#a!hy goods H e)ui!ment 6e g. /olf Clu%s" Came#as9.
4asis of Indemnity shall %e the de!#eciated ma#$et value of the insu#ed item6s9" dete#mined
a at time of loss. /eog#a!hical +imit@ 1ithin India.
DEDUCTI-LE'E<CESS:
The folloing fi#st amounts as a!!lica%le of each and eve#y loss shall %e %o#ne %y the
Insu#ed
CO*ERAGE SECTIONS A /FIRE -UILDING AND 'OR CONTENTS0:
Standa#d Fi#e E ,e#ils
,olicies having Sum Inu#ed u! to INR 7B C# !e# location *AD of claim amount su%'ect to a
minimum of Rs 7B"BBBH@
,olicies having Sum Insu#ed a%ove INR 7B C# !e# location u! to INR 7BB C# !e# location *
AD
Of claim amount su%'ect to a minimum of INR =A"BBB
,olicies having Sum Insu#ed a%ove INR 7BB C# and u! to INR 7ABB C# !e# location* AD of
Claim amount su%'ect to a minimum of INR A +a$hs
Te##o#ism Deducti%le Clause
Te##o#ism Cove#* B.ABD of Sum Insu#ed su%'ect to minimum of Rs.=A" BBB and a ma(imum
Of Rs 7B" BB" BB"BBB each and eve#y claim.
CO*ERAGE SECTION - /-URGLAR(0:
Rs =ABB !e# Claim
CO*ERAGE SECTION C /MONE(0
Rs =ABB !e# Claim
MONE( IN SAFE
Rs =ABB !e# Claim
MONE( IN TRANSIT
Rs =ABB !e# Claim
Page65
CO*ERAGE SECTION D /)U-LIC LIA-ILIT(0
Rs =ABB !e# Claim
CO*ERAGE SECTION F /EM)LO(EE FIDELIT(0
Rs =ABB !e# Claim
CO*ERAGE SECTION G /)LATE GLASS0
Rs =ABB !e# Claim
CO*ERAGE SECTION + /ELECTRONIC E9UI)MENT0
As !e# E(cess Clause Attached
CO*ERAGE SECTION M /MAC+INER( -REA.DO,N0
7D of sum insu#ed fo# each machine su%'ect to a minimum of Rs ="ABBH@
CO*ERAGE SECTION R /ALL RIS.S 1 )ORTA-LE E9UI)MENT0
Rs =ABB !e# Claim
NEON SIG+NS
Rs =ABB !e# Claim
CO*ERAGE SECTION T /TRA*EL -AGGAGE0
Rs =ABB !e# Claim
MEDICLAIM )OLIC( /TAILER MADE )OLIC(0:
E<ISTING )OLIC( /4F3314F340 RIS.S 8 TERMS CO*ERED:
Family Floate# Cove#ed@Self" S!ouse" Child#en 6=o# :9 and o# ,a#ents 67o# =9 ith a
ma(imum Of BC67VA9 mem%e#s.
The male child#en Ent#y age is ma(imum =< yea#s as long as they a#e unma##ied and
o# de!endent.
The Female child#en ithout any age #est#iction as long as they a#e unma##ied and
fully de!endent on the !#ima#y insu#ed.
The child#en aged less than 87 days a#e also to %e cove#ed if decla#ed at the time of
ince!tion of this !olicy.
.a(imum ent#y age as ;B yea#s to the !#ima#y Insu#ed0s natu#al !a#ents o# !a#ents
that have legally ado!ted himHhe ,a#ents@In?la cove#ed fo# female Em!loyees only. ,#e
e(isting Diseases cove#ed fo# all the em!loyees and thei# s!ouses E child#en and !a#ents H
!a#ents@in@la.
Page66
The ma(imum lia%ility as #est#icted to the !a#entsH !a#ents@in@la Rs. <A"BBBH@@
6Ru!ees seventy five thousand only9 .a(imum fo# ,#e@e(isting diseases only.
1aived of 7st yea# and su%se)uent yea#0s e(clusions and 1aived of :B Days e(clusion.
.
Room #ent" 4oa#ding" and Nu#sing E(!enses not e(ceeding 7D Of the S.I o# ABBBH@!e#
day hicheve# is less.
I.C.Unit e(!enses not e(ceeding =D Of the S.I o#7BBBBH@!e# day hicheve# is less.
+ess than =F hou#s Day Ca#e Su#ge#ies E Day ca#e t#eatment cove#ed.
.ate#nity cove# +imits fo# caesa#eanH No#mal delive#y fo# to child#en" on %ases of
Classification A" 4" C hos!itals o# A"4"C city ise"6it can %e modify %y mutual consent9.
GA0 class @Rs FB"BBBH:BBBBH@
G40 class @Rs :A"BBBH=ABBBH@
GC0 class @Rs :B"BBBH=BBBBH@
1aived of 8 .onth aiting !e#iod fo# female em!loyee mem%e#s only. 8 .onth
aiting !e#iod is im!osed to the male em!loyee s!ouse only.:B,#e@and 7B !ost@natal
hos!itali&ation medical e(!enses cove#ed u! to the mate#nity su%@limit.
4a%y cove# f#om Day one ithout any su%limit 6Out of .ate#nity +imit9.Inte#nal
congenital diseases cove#ed fo# all mem%e#s including nely %o#n child#en. O#gan Dono#
t#eatment cove#ed.
O#gan Dono# t#eatment cove#ed. Eme#gency Am%ulance Cha#ge#s Rs* ="BBBH@is
#est#icted to 7D of the sum insu#ed o# Rs. ="BBBH@.a(imum. 1aived of Co@,ayment. 1aive#
of Co@,ayment.
No ca! on any aliment othe# than on cata#act fo# Rs. =B"BBBH@!e# !e#son !e# !olicy :B
days ,#e E CB Days ,ost >os!itali&ation.
,#emium cha#ged on !#o #ata 6F#action of Days9 %asis fo# additions 6Date of 'oining9 E
deletions 6Date of #elieving9 of em!loyee to effect the endo#sements.
In case of addition" the nely edded s!ouse and nely %o#n child and the e(isting
de!endent Cove#ed du#ing the !olicy.
DATA ANAL(SIS AND INTER)RETATION
Page67
47INDUSTRIAL ALL RIS. )OLIC( DETAILS INSURED -( T+E
COM)AN( FOR T+E (EAR 4F33134:
SEC1I: IAR STANDARD FIRE AND S)ECIALS )ERIL SECTION
SMI DESCRI)TION SUM
INSURED
4uilding 7B:==A;=FA
,lant And .achine#y FA8<8=BCB=
Stoc$
Ra" Fig." ,m" Egg. S!a#es
7;BBBBBBBB
Fu#nitu#e" Fittings" E Fi(tu#es EEe Othe#s 7:CA=FFA
,linth And Foundation Fo# E) Cove# :FFB;CB;=
Stoc$ In ,#ocess 7BBBBBBBBB
Page68
C"ver Kise De#ai!s Su% Insured )re%iu%
Fi#e 4asic Cove# ;FF:;:7=8= 7F=A:7;<.==
-olume Discount 7F87==;.BB
No +oss Suffe#ed Due To
FloodHSto#m In +ast A Lea#s
<FAC<F.BB
Discount 4ased On 4uilding O#
4loc$ Const#uction
<FAC7F.BB
Unde##ite#s Disc#etiona#y
Discount Fo# ,ositive Featu#es
7F87==;.BB
Fo#est Fi#e :BBBBBBB 77=ABB.BB
Ea#th Mua$e ;<;<87<:<F CA8B8:.;B
Removal Of De%#is 6In E(cess Of
7DClaim Amount9
7BBBBBBB 7=ABB.BB
Im!act Damage Due To Insu#ed0s
On #ailHRoad -ehicles" Fo#$
+ifts" C#anes
;FF:;:7=8= A=:A7;.BB
Omission T Insu#e Additions
Alte#ations O# E(clusions
=;=787ACA :A=<:8.FC
Escalon Cove# 6D9 A <BAF<;.87
SECTION 1II: IAR1 -REA.DO,N SECTION )REMIUM DETAILS:
CLOC.,ISE
DETAILS
SUM INSURED )REMIUM
4#ea$don Cove# FA8<8=BCB=. 77F8F;B7.A7
-olume Discount 77F8F;B.BB
No +oss Suffe#ed
Due to FloodHSto#m
In +ast A Lea#s
A<F7<FB.BB
Discount 4ased On
4uilding O# 4loc$
Const#uction
77F8F;B.BB
Discount 4ased On
Secu#ity System
And 4ounda#y 1all
A<F<FB.BB
SECTION15 IAR1FLO) SECTION )REMIUMS:
CO*ER,ISE DETAILS SUM INSURED )REMIUM
Fi#e +o! ? 4asic Cove# :=BBBBBBBB 8CBBBB.BB
-olume Discount 8CBBB.BB
No +oss Suffe#ed Due To
FloodHSto#m In +ast A
Lea#s
F;BBB.BB
Discount 4ased On
Secu#ity System And
4ounda#y 1all
F;BBB.BB
Page69
Discount Fo# Ne
4usiness As +eade#s
8CBBB.BB
Audito#s Fees =ABBBBB ;B.BB
Failu#e Of ,u%lic Utility :=BBBBBBBB F7CBBBB.BB
Section Discount A7=BB;.BB
INTER)RETATION:
Page70
FIRE -ASIC CO*ER
7F=A:7;<.==
+ess* -olume Discount 7F87==;.BB
+ess* No +oss Suffe#ed Due To FloodHSto#m In +ast A
Lea#s
<FAC7F.BB
+ess* Discount 4ased On 4uilding O# 4loc$ Const#uction <FAC7F.BB
+ess* Unde##ite#s Disc#etiona#y Discount Fo# ,ositive
Featu#es
7F87==;.BB
Add* Fo#est Fi#e 77=ABB.BB
Add* Ea#th)ua$e CA8B8:.;B
Add* Removal Of De%e##ies0 6In e(cess Of 7D Claim
Amount9
7=ABB.BB
Add* Im!act Damage Due To Insu#ed0s On #ailHRoad
-ehicles" Fo#$ +ifts" C#anes
A=:A7;.BB
Add* Omission To Insu#e Addition Alte#ations O#
E(tension
:A=<:8.FC
Fi#e +o!@4asic Cove# 8CBBBB.BB
Add* Escalation Cove# <BAF<;.87
+ess* -olume Discount 8CBBB.BB
+es5 No +oss Suffe#ed Due To floodHSto#m In +ast A Lea#s F;BBB.BB
+ess* Discount 4ased On Secu#ity System And 4ounda#y
1ill
F;BBB.BB
+ess5 Discount Fo# Ne 4usiness +eade#s 8CBBB.BB
Add5 Audito#s Fees ;B.BB
Add5 Failu#e Of ,u%lic Utility F7CBBBB.BB
+ess5 Section Discount A7=BB;.BB
4#ea$ Don Cove# 77F8F;B7.A7
+ess* -olume Discount 77F8F;B.BB
+ess* No +oss Suffe#ed Due To FloodHSto#m In +ast A
Lea#s
A<F<FB.BB
+ess Discount 4ased Onuilding O# 4loc$ Const#uction 77F8F;B.BB
+ess5 Discount 4ased On Secu#ity System And 4ounda#y
1all
A<F<FB.BB
+ess* Unde##ite#0s Discount C::;=:B.=<
+ess* Ai# Claim E(!ense Discount 7==<AF;<.A:
Add* Claim E(!e#ience +oading 7F7B.;=
Total ,#emium A;88FCB.BB
Add* Se#vice Ta( CB<CFF.BB
Stam! Duty B.AB
Total Amount CAB<7BF.BB
The a%ove ta%le shoing the info#mation #ega#ding deducti%les of the !#emiums.
De!ending u! on a%ove s!ecial cha#acte#s li$e safety !#ecautions %y AR4+" Insu#ance
Com!any !#ovide a%ove discount section. .
DEDUCTA-LES:
.ate#ial damage@ AD of claim amount su%'ect to minimum of 7B la$h mate#ial
damage@ deducta%le shall %e AD of claim amount su%'ect to a minimum of RS A la$hs and
ma(imum of RS AB la$h.

IAR FLO) SECTION:
AMOUNT INSURED FOR T+E ASSETS OF FACTOR(
MATERIAL DAMAGE
SECTION
4FFL 4F3F 4F33
FIRE
,lant EFoundation D =AD =AD =AD
Su!e# St#uctu#e <AD <AD <AD
4uildings 8FBFB:AAC 88CBBBBBB 7B:==A;=FA
Fu#nitu#e EFittings ABBBBBB 7:CA=FFA
,lant E Foundation :7:B8CFFF ::=BBBBBB :FFB;CB;=
.achine#y Including
Ca%les
:7A8BBBBBB F:C8BBBBBB FA8<8=BCB=
Stoc$ 6Finished /oods
Ra .ate#ials And
Stoc$s >eld
7BBBBBBBBB 8BBBBBBBB 7;BBBBBBBB
Stoc$ In ,#og#ess <BBBBBBBB ;BBBBBBB 7BBBBBBBBB
Total Sum Insu#ed Fo#
.ate#ial Damage Section
C77=ABBBBB CC;=BBBBBB ;<;<87<:<:
Add1On EC#ensi"n Re&uired
Page71
Ea#th)ua$e C77=ABBBBB CC;=BBBBBB ;<;<87<:<:
Sta#tu! E(!ense ABBBBBB ABBBBBB ABBBBBB
Omission To Insu#e ADOf
Si
=BF8<B7<; =C;=ABBBB =;7AB;8F=
Im!act Damage C77=ABBBBB CC;=BBBBBB ;<;<87<:<:
Removal Of De%#is ABBBBBB ABBBBBB ABBBBBB
Fo#est Fi#e :BBBBBBB :BBBBBBB :BBBBBBB
Total 7=FC88<B7<; 7:C<==ABBBB 7<;8<:F:C;;
.o% 6.achine#y 4#ea$
Don9
:7A8BBBBBB :F8A=BBBBB :F8A=BBBBB
,#emium ,aid AFB=:8B A:=CA7F 6CF:<=;VCAB<7BF9
<7AB;:=

GRA)+ OF IAR )OLIC( FOR 5 (EARS:
Page72
INTER)RETATION:
The a%ove g#a!h shoing in the A I R !olicy has sum insu#ed fo# va#ious cove#s in
the !olicy and s!ecial cove#age fo# machine#y 4#ea$ don section !#emiums !aid in : yea#s
!e#iod.
CLAIMS DETAILS OF MARINE INSURANCE FOR FI*E (EARS:
Page73
F.year )"!icy descri;#i"n T"#a! ac#ua! !"ss C!ai% received )endin>
=BB<@=BB; O#iental :;;BA:F =7;8;7F 7B<B::8
=BB;@=BB8 O#iental 7:=;;F;: 8<;B:C< FA=AB<
=BB8@=B7B O#iental :B;FF=C 7FBBA8B =7<<CC
=B7B@=B77 O#iental 787C7;BC 7=B8<AAF C7A;8
=B77@=B7= Tata AI/ F:<<B:7C :FFC<=B< AF7A7A=
TOTA+ ;:7;AACA FB=:AA:= <=7<:A:
GRA)+ OF MARINE INSURANCE FOR FI*E (EAR:
INTER)RETATION:
The actual loss is a %y damage a#e RS ;:7;AACA and almost all the claims have %een
#eceived sum Rs FB=:AA:= f#om the insu#ance com!any. RS =<7<:AC a#e !ending f#om the
insu#ance com!any it may %e due to the non su%mission of !a!e#s hich should %e #ecove#ed.
Page74
)REMIUMS )AID TO T+E INSURANCE COM)ANIES FOR +EAD OFFICE
FROM 4FFL13F TO 4F33134:
S.N" )ar#y Ca#e>"ry )"!icy descri;#i"n )"!icy nu%$er )re%iu
%
B7 OIC+ T#ansit .a#ine ca#go o!en
!olicy
F:=<BBH=7H=B7BH7< =:F":;8
B= OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH7<HBB7 @
B: OIC+ T#ansit .a#ine ca#go o!en
!olicy
F:=<BBH=7H=B7BH7<HBB= =;A"=CA
BF OIC+ T#ansit .a#ine ca#go o!en
!olicy
F:=<BBH=7H=B7BH7<HBB: :<AB=B
BA OIC+ T#ansit .a#ine ca#go o!en
!olicy
F:=<BBH=7H=B7BH=8HBB7 :<AB=B
BC OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBB= 7;<"A7B
B< OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBB: :<AB=B
B; OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBBF :<AB=B
B8 OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBBA :<AB=B
7B OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBBC :<AB=B
77 OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBB< :<AB=B
7= OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBB; :<AB=B
7: OIC+ T#ansit .a#ine ca#go o!en
!olicy endo#sement
F:=<BBH=7H=B7BH=8HBB8 7;B;8=
7F OIC+ T#ansit .a#ine ca#go o!en !olicy
endo#sement
F:=<BBH=7H=B7BH=8HB7B :<AB=B
7A OIC+ T#ansit .a#ine ca#go o!en !olicy
endo#sement
F:=<BBH=7H=B7BH=8HB77 7;<A7B
Page75
7C Tata Stoc$s .a#ine ca#go o!en !olicy B;:BBB;A=B 7"ABA"A8C
%otal 149&322
&003
INTER)RETATION:
Fo# head office insu#ance" the AR4+ !aid the !#emiums fo# ma#ine ca#go o!en !olicy have
huge67F8":=="BB:9 amount Endo#se as a !#emiums fo# the insu#ance com!any in the : yea#s !e#iod "
AR4+ !aid lot of money as ,#emiums in that th#ee yea#s !e#iod..
Page76
)REMIUMS )AID TO T+E INSURANCE COM)ANIES FOR -RANC+
OFFICES 4FFL14F3F TO 4F3314F34:
Page77
Page78
S.n" )ar#y Ca#e>"ry )"!icy descri;#i"n

)"!icy nu%$er Ru;ees
B7 OIC+ T#ansit .a#ine ca#go o!en !olicy F:=<BBH=7H=B7BH7; 7FB"C:F
B= OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH7;HBB7 7;<A7B
B: OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH7;HBB= 7;<A7B
BF OIC+ T#ansit .a#ine ca#go o!en !olicy F:=<BBH=7H=B7BH=;H 7;<A7B
BA OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB7 :;;=C
BC OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB= @
B< OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB: 7;<A7B
B; OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBBF
B8 OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBBA 7;<A7B
7B OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBBC 7;<A7B
77 OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB< 7;<A7B
7= OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB; 7;<A7B
7: OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HBB8 =;7=CA
7F OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HB7B 7;<A7B
7A OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HB77 7;<A7B
7C OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HB7= =;7=CA
7< OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HB7: 7;<A7B
7; OIC+ T#ansit .a#ine ca#go o!en !olicy.
Endo#sement
F:=<BBH=7H=B7BH=;HB7: 8:<AA
T"#a! 4:G3M:FLF
INTER)RETATION:
If you go th#ough the a%ove !olicies " you can o%se#ve that the AR4+ as !aying
!#emium at va#ious stages of the yea# %y hich they use to endo#s# the !olicy heneve# the
sales of the stoc$ as moving out of the com!any.
4ut f#om the =B77@=B7=" the com!any has ado!ted a !olicy he#e aal the sales
tu#nove# of the com!any fo# the hole yea# a#e ta$en as !e# the !#evious yea#s a#e ta$en and
the !olicy amount is !aid at once . U! on 77@ma#@=B77" the !olicies e#e done unde# o#iental
insu#ance com!any
4ut afte# this the com!any has ado!ted a ma#ine sales tu#nove# !olicy of tata aig
insu#ance com!any he#e it is ve#y fle(i%le.
.E( ELEMENTS OF T+IS )OLIC(:
All the !#emiums of the sales a#e !ais at once %ased on the !#evious yea# sales.
Self se#ve# can %e done fo# not aiting fo# the insu#ance com!any !eo!le to come.
Sales can %e intimated once fo# a month.
)REMIUMS )AID TO T+E INSURANCE COM)ANIES FOR ,+ STOC.
FIRE SECTION FORM 4FFL14F3F TO 4F3F14F33:
S.n" )ar#y Ca#e>"ry )"!icy descri;#i"n )"!icy nu%$er A%"un#
;aid
B7 OIC+ Stoc$s 1> stoc$ fi#e F:=<BBH77H=B7BH7= :A8A;
B= OIC+ Stoc$s 1> stoc$ fi#e F:=<BBH77H=B77H7B :C8:8
B: OIC+ Stoc$s 1> stoc$ fi#e F:=<BBH77H=B7=H7B FB8C
BF OIC+ Stoc$s 1> stoc$ fi#e F:=<BBH77H=B7=H7B FB8C
BA OIC+ Stoc$s 1> stoc$ fi#e F:=<BBH77H=B7=H:: F;B<:<
BC OIC+ Stoc$s 1> stoc$ fi#e 4u#gla#y F:=<BBHF;H=B7=H7BB ;=<F;
B< OIC+ Stoc$s 1> stoc$s fi#e F:=<BBH77H=B7=H77 :8FF:
Page79
B; OIC+ Stoc$s 1> stoc$s fi#e F:=<BBH77H=B7=H8 =8C=:;
B8 OIC+ Stoc$s 1> stoc$s fi#e F:=<BBH77H=B7BH77 =FB=;A
T"#a! 3:44F:76F
)REMIUMS FOR ELECTRONIC E9UI)MENTS1 DES.TO)S: SER*ER@S
ROUTERS )OLIC(8 INDI*IDUAL A GROU) MO-ILES:
S.
n"
)ar#y Ca#e>
"ry
)"!icy descri;#i"n )"!icy nu%$er A%"un# ;aid
B7 o#ient
al
stoc$s EE@la!to!s s!ecial
contingency
F:=<BBHF;H=B7BHF: :7A:C
B= O#ien
tal
stoc$s EE@la!to!s s!ecial
contingency
F:=<BBHF;H=B7BHF:HBB7 =<7=
B: O#ien
tal
Stoc$s EE@Des$to!s
"se#ve#s" Reute#s
F:=<BBHFFH=B7BH7< 7FF";FF
BF O#ien
tal
Stoc$s EE@Des$to!s"
Se#ve#s" Reute#s
F:=<BBHFFH=B7BH7<HBB7 @
BA O#ien
tal
Stoc$s EE@Des$to!s
"Se#ve#s" Reute#s
F:=<BBHF;H=B7BHF:HBB= =<C;B
BC O#ien
tal
Stoc$s EE@IndividualE
g#ou! mo%ile
F:=<BBHF;H=B7BHC=< 788=8
B< OIC+ stoc$s EE@+a!to!s"
Des$to!s" se#ve#
F:=<BBHFFH=B77H:: :B;;FB
B; OIC+ stoc$s EE@individual E
g#ou! mo%ile
F:=<BBHF;H=B77H:BB 7787B
B8 OIC+ stoc$s EE@Des$to!s
"Se#ve#s "Reute#s
F:=<BBHFFH=B7BH788 <8B8=
7B OIC+ stoc$s EE@Des$to!s
"Se#ve#s "Reute#s
F:=<BBHFFH=B77H=8B <8B8=
TOTAL MF7G57
)REMIUMS )AID FOR MONE( INSURANCE FROM 4FFL14F3F TO 4F3F14F33:
Page80
INTER)RETATION:
Fo# money insu#ance !olicy AR4+ !ays sum Rs.7AF" B<B fo# all office money
t#ansaction in the !e#iod of to yea#s fo# money safe.
-USINESS GUARD )OLIC( )REMIUMS )AID -( AR-L FOR (EAR 4FF331
4F34:
S.n" )ar#y Ca#e>"ry )"!icy Descri;#i"n )"!icy nu%$er A%"un#
;aid
B7 Tata 4usiness 4usinessgua#d""EE"1>stoc$E.oney
insu#ance
BC:ABBF=C; <C;"8AC
B= Tata 4usiness .oney insu#ance endo#sement BC:ABBF=C;WH= A7;F
B: Tata 4usiness EE E4lac$ %e##y .o%iles BC:ABBF=C;WH7 7<=<C
TOTAL ML363G
Page81
S.n" )ar#y Ca#e>"ry )"!icy Descri;#i"n )"!icy Nu%$er A%"un#
;aid
B7 National stoc$s .oney insu#ance@>O
stoc$s
AAB8BAHF;HB8H<CBBBBBB;< 7F::8
B= National stoc$s .oney insu#ance@>O
stoc$s
AAB8BAHF;H7BH<CBBBBBB<A 7:7AF
B: National stoc$s .oney insu#ance@COO AAB8BAHF;HB8H<CBBBBBB88 7C::B
BF National stoc$s .oney insu#ance@COO AAB8BAHF;H7BH<CBBBBBA7F 7FC8<
BA National stoc$s .oney insu#ance@
4#anches
AAB8BAHF;HB8H<CBBBBB7FB F;7;A
BC National Stoc$s .oney insu#ance@
4#anches
AAB8BAHF;H7BH<CBBBBB=77 F<:CA
T"#a! 376FMF
)REMIUMS )AID FOR T+E SALES TURNO*ER )OLIC( /STO)0 FOR
T+E (EAR 4F3314F34:
Sno ,a#ty Catego#y ,olicy Desc#i!tion ,olicy
num%e#
Amount
!aid
B7 Tata T#ansit .a#ine sales tu#nove# B;:BBB;;F= 77"F:C"CFC
CATEGOR( ,ISE TOAL )REMIUMS FOR T+E (EARS FROME 4FFL14F3F
TO 4F3314F34:
S.n"

I#e% na%e Ca#e>"ry T"#a! ;re%iu%s
B7 >ead office T#ansit 7F8":=="BB:
B= 4#anch Office T#ansit ="C7<"B8B
B: 1> stoc$s fi#e Stoc$s 7"==B"AFB
BF .oney insu#ance Stoc$s 7AF"B<B
BA Elect#onic e)ui!ment Stoc$s <BA"C:A
BC 4usiness gua#d T#ansit <87"F7C
B< Sales tu#nove# T#ansit 77"F:C"CFC
TOTAL 3G736HL36
GRA)+ FOR CATEGOR( ,ISE TOTAL )REMIUMS FOR T+E (EARS
FROM 4FFL14F3F TO 4F3314F34:
Page82
INTER)RETATION *
A%ove g#a!h shoing !#emiums !aid %y the AR4+ fo# !olicies fo# the
assets of the com!any. 4ut huge amount 67F8":=="BB:9 !aid fo# >ead office to the insu#ance
com!any in the t#ansit catego#y in the last : yea#s !e#iod.
MEDICLAIM )OLIC(: AMARA RA2A -ATTERIES LIMITED )REMIUMS
AND CLAIMS AS ON F41F714F34:
;ar#icu!ars N" "=
e%;!"yees
N" "= =a%i!y
%e%$ers
T"#a! ;re%iu%s
,i#"u# S.TaC
C!ai% a%"un#
;aid
C!ai
%
Ra#i"
N
Ins!ection of the
!olicy.
6 F:=<BBHF;H=B7=H7
B89
<FA =:7: F7:7:FC @ @
Additions 7;: FAF A:=;FB
Page83
Deletions 7=B :7A :<C78=
T"#a! HFH 4674 64HMLL6 7G374FL 35F.L
7N
CLAIM E<)ERIENCE: 4F3F14F33 /)REMIUM 8 CLAIMS0:
Lea# E !olicy No Ins Co." ,#emium Claims total Claim Ratio
D
F:=<BBHF;H=B77H8B OIC+ FC8<8A= A7AF<=F 7B8.<=D
CLAIM E<)ERIENCE FOR T+E (EAR 4FFL14F3F:
(ear 8 ;"!icy N" Ins C".: )re%iu%
ECc!. S.TaC
T"#a! c!ai%s C!ai%
Ra#i"
F:=<BBHF;H=B7BHA
:
OIC+ :F:F77A A<77<;= 7F:.CA
CLAIM E<)ERIENCE 4FFH14FFL:
(ear 8 ;"!icy
N".
Ins C".: )re%iu%
ECc! .S.TaC
C!ai%s #"#a! C!ai%
Ra#i"
F:=<BBHF;H=BB8H:C OIC+ :FA:<8; :88FFFA 77BD
TOTAL CLAIM E<)ERIENCE FOR T+E AR-L FOR T+E (EARS 4F331
4F34 TO 4FFH14FFL:
Ins
C".:
(ear ;"!icy
N"
)re%iu%s
ECc!.S.TaC
C!ai%s #"#a! C!ai% Ra#i"
OIC+ F:=<BBHF;H=B7=H7B8 F=;<88F AC7A=B8 7:B.8AD
OIC+ F:=<BBHF;H=B77H8B FC8<8A= A7AF<=F 7B8.<=D
OIC+ F:=<BBHF;H=B7BHA: :F:F77A A<77<;= 7F:.CAD
OIC+ F:=<BBHF;H=BB8H:C :FA:<8; :88FFFA 77BD
T"#a! 37:HM5:H7L 4F:6MG:3GF
GRA)+ FOR TOTAL CLAIM E<)ERIENCE FOR T+E AR-L FOR T+E
(EARS 4F3314F34 TO 4FFH14FFL:
Page84
INTER)RETATION:
A%ove g#a!h shoing !#emiums and claims fo# fou# yea#s study. And in =B7B
claims 6A7AF<=F9 a#e g#eate# than the !#emium. ,#emiums !aid e(cluding se#vice ta( %y
Ama#a #a'a %atte#ies fo# cove# the AR4+ em!loyees and thei# family mem%e#s ma(imum C
mem%e#s limited fo# medic claim !olicy.
-USINESS GUARD /COMMERCIAL0 )OLIC(:
CO*ERAGE SECTION ,ISE )RO)ERT( SUM INSURED:
Page85
)eri"d "= insurance : 36'F7'4F33 TO 35'F7'4F34
CO*ERAGE SECTION: ANNE<URE A /I0 TO FIRE SECTION:
S.n" Su% insured
CONTENTS +O CO1OFFICE -R.OFFICE TOTALS
UM
INSURED
7 4uildings =F"C7C"CF< 8BB"BBB ;"88F"CF; :F"A
77"=8A
= Fu#nitu#e :=";:A"<BB :"FA;";F; 78"C:B"8=F AA"8
=A"F<=
: ,lant E machine#y <B"BBB @ 7.B;8"==: 7"7A8"=
=:
F Office e)ui!mentE EE installation AB"==:"7;F 78"<8<"=B8 7A"7;C";=B ;A"=B<"=
7:
A +ifts @ @ @ @
C .oto#s"!um!sets"%o#eells @ @ @ @
< Othe# contents s!ecify 7 =:"FFF"C8< @ @ =:"FFF"C
8<
; Othe# contents s!ecify 7 @ 77A"BBB @ 77A"o
oo
Total sum insu#ed 7:7"78B"==; =F"=<7"BA< FF"8B7"C7A =BB":C=";8
8
CO*ER SECTION: ANNE<URE A TO FIRE SECTION:
Page86
INTER)RETATION:
In the a%ove cha#t AR4+ code the sum insu#ed Rs =BB":C=";88 fo# all offices unde# fi#e
section A highly code 6sum 353:3LF:44H0 fo# the head office assets unde# this section.
CO*ERAGE SECTION -: C: D : F: G 8 T TO ANNE<URE -/I0:C/I0:D/I0 :F/I0
G/I0:S/I0:T/I0 :
Contents >O COO 4R Total sum insu#ed
4u#gla#y649 7BC"A<:"A;7 =:":<7"BA< :A"8BC"8C< 7CA";A7"CBF
Cash safe 6C9 =BB"BBB 7"BB"BBB 7"FAB"BBB 7"<AB"BBB
,u%lic
lia%ility6D9
7"BBB"BBB @ @ 7"BBB"BBB
F#edility
gua#antee6F9
="AB"BBB ="AB"BBB ="AB"BBB <"AB"BBB
,late glass
6/9
7"BB"BBB 7"AB"BBB ="AB"BBB A"BB"BBB
Neon
signs6S9
AB"BBB AB"BBB AB"BBB 7"AB"BBB
4aggage 6T9 7"BB"BBB 7"BB"BBB 7"BB"BBB :"BB"BBB
INTER)RETATION:
Cove#age section code the sum insu#ed %y the AR4+" a huge amount code fo# the %u#gla#y
section sum Rs 7CA";A7"CBF.
Page87
CO*ERAGE SECTION: ELECTRONIC E9UI)MENTS /COM)UTERS:
U)S: )RINTERS: FA<ES: SCANNERS: )RO2ECTORS ETC0
ANNE<URE R /I0 TO )ORTA-LE E9UI)MENT
S.n
"
Ty;e Asse#s Su% insured
7
>ead office Assets
F";:A"7:C
=
Co#!o#ate office assets
7"7:B"CFB
:
4#anch office Assets
7";A"CCC
Total C"7A7"FF=
MAC+INER( -REA.DO,N SECTION M FOR GENERATORS:
TRANSFORMERS: MOTORS: REFRIGERATORS:
S n" Ty;e "= Asse#s Su% insured
7 >O Assets C"7=<"B<B
CO*ERAGE SECTION ,ISE TOTAL SUM INSURED 9UOTATION:
C"vera>e sec#i"n Descri;#i"n Su% insured Rs
A@ Fi#e %uildingEHo#
contents
4uildings
Contents
=BB":C="8BB
4@ 4u#gla#y Contents 7CA";A7"CBA
C@ money insu#ance .oney insu#ance in safe !e#
Anne(u#e GC0
7"<AB"BBB
D@,u%lic lia%ility Any one occu##ence limit
Any one yea# agg#egate limit
7"BBB"BBB
7"BBB"BBB
F@em!loyee 6#ide#
attached9
,e# Anne(u#e 2F3 <"AB"BBB
/@!late@glass6Ride#
attachment9
As !e# Anne(u#e G/0 A"BB"BBB
>@elect#onic
e)ui!ment6#ide# attachedB
As !e# Anne(u#e 2>3 <<"A;:"F8B
.@machine#y
4#ea$don6#ide#
attachment9
As !e# Anne(u#e 2m3 C"7=<"B<B
Page88
R@all@#is$6Ride#
Attachment9!ota%le
E)ui!ment
As !e# Anne(u#e 2R3 C"7A7"FF=
S@All@#is$s6signs9 Ride#
Attachment
As !e# Anne(u#e 2S0 7AB"BBB
T@t#avel 4aggage6Ride#
attached9
As !e# Anne(u#e 2T3 :BB"BBB
T"#a! 67L:M4G:7FM
INTER )RETATION:
Ama#a #a'a %atte#ies +td. Unde# TATA AI/ 4usiness /ua#d !olicy made a )uotation fo#
thei# com!any0s assets including all head office" #egiste#ed office" %#anch office" And
Co#!o#ate Office" as !e# cove#age section insu#ed sum Rs ==;C==CAB<.
Ta$!e:
S.n" )"!icy Su% insured )re%iu%s c!ai%s
7 IAR FFB:B<C:;CC 7<;<8<:C @
=
.a#ine ca#go o!en !olicy @ 7AFB78::; FB=:AA:=
:
4usiness gua#d !olicy FA8<=CAB< 7CA8FB::B @
F .edi claim !olicy @ 7A;<:;A8 =BF<C7CB
Total FFF"F8B"F8B":<: ::<"C=7"FC: CB"<77C8=
INTER)RETATION*
AR4+ com!any ove#all insu#ed all com!anies0 assets and t#ansits fo#
va#ious !olicies fo# thei# all %usiness offices sum insu#ed !#o!e#ty fo# Rs FFF"F8B"F8B":<: and
!aid !#emiums those insu#ance com!anies and #eceived the sum claims Rs CB"<77"C8=.
Ove#all !#emiums a#e high instead of claim #eceived.
Page89
FINDINGS:
Num%e# of !olicies has@%een ado!ted %y the AR4+ to #educe the #is$.
A huge amount of !#emium is %eing !aid to cove# less #is$.
-e#y unusual !olicy is %eing made so that all can %e cove#ed.
IAR !olicy is one of the $ey #is$ ta$e#s of the com!any.
A huge amount of safety measu#es have %een ta$en %y the com!any.
As division of va#ious sections " the is less chance of occu##ence of an Accident
AR4+ as insu#ed huge amount Rs FFFF8B"F8B":<: among all !olicies.
AR4+ as !aid the !#emium Rs.:A:" <7:=C: fo# the insu#ance com!anies fo# cove# the
all !olicies. 4ut com!any #eceived less than the !#emium amount Rs.7=7" F=:":;F
hich is less amount com!a#e ith the !#emiums.
Claims a#e high in the yea# =BB;@=BB8 and it is lo in the yea# =BBA@BC.
The claims amount fo# the yea# =BBC@B< is #eceived on =BB8 the#e is time ga! of fou#
yea#s due to hich is loss of inte#est to com!any.
In the #egions Iamshed!u# Delhi ga#den >yde#a%ad" 4angalo#e "Ahmada%ad",une"
Iai!u# the claims a#e high as the com!any has its %#anch offices in those locations la#ge
volumes a#e t#ans!o#ted. The com!any t#ans!o#ts its goods mainly th#ough #oad ays
%y +o##ies. In !utte# the claims a#e high %ecause it is accident !#one &one.
Page90
SUGGESTIONS:
The minimum loss limit of the IAR is 7BBBBBB should %e %#ought u! to 67BBBBB9 one la$h
%y hich the !#emium of the IAR !olicy can %e #educed.
The ne !olicy of Tata AI/ is sale tu#nove# !olicy he#e the minimum loss is ABBB hich
means the losses of goods in t#ansit he#e the loss ha!!ened %elo ABBBis not cove#ed %ut
most of the t#ansit losses a#e less then ABBB so it should %e %#ought don o that the loss
unde# ABBB can also %e cove#ed
T#ans!o#ting goods th#ough #ailays can minimi&e the damage of goods ensu#e safety and
minimi&e the f#eight also.
Conducting education !#og#ams and !#oviding guidelines to d#ive#s.
.ovement of goods th#ough national high ay@<6N>@<9he#e the #oad is good in condition
and the ay also cove#s most of the destinations of com!any !#oducts
Usage of good condition vehicles fo# T#ans!o#t hich can %ea# even #ough #oad conditions.
Choosing #egiste#ed T#ans!o#te# Com!any fo# movement of goods. Ins!ection of vehicles
%efo#e leaving the o#gani&ation. ,#otecting the %atte#ies f#om unautho#i&ed loadings of
othe# goods" %y fi(ing the tam!e# !#oof sealing fo# the lo##y. Can use sealed containe#s fo#
t#ans!o#t of goods to long distances.
T#ans!o#ting goods th#ough #ailays can minimi&e the damage of goods ensu#e safety and
minimi&e the f#eight also.
Conducting education !#og#ams and !#oviding guidelines to d#ive#s.
.ovement of goods th#ough national high ay@<6N>@<9 he#e the #oad is good in
condition and the ay also cove#s most of the destinations of com!any !#oducts.
Usage of good condition vehicles fo# t#ans!o#t hich can %ea# even #ough #oad conditions.
Choosing #egiste#ed T#ans!o#te# Com!any fo# movement of goods.
Du#ing the #ainy seasons the#e is lot of chances to s$id the ty!es of vehicles to !#event
s$idding. Ins!ection of vehicles %efo#e leaving the o#gani&ation.
,#otecting the %atte#ies f#om unautho#i&ed loadings of othe# goods" %y fi(ing the tam!e#
!#oof sealing fo# the lo##y.
Can use sealed containe#s fo# t#ans!o#t of goods to long distances.
Page91
CONCLUSION:
Finally I conclude that com!a#ed ith the !#evious yea# the cu##ent !osition of the
com!any is ve#y much %ette# ith the ado!tion of ne !olicies f#om .ay" =B77 he#e all the
#is$ a#e cove#ed %y only fou# !olicies #athe# than ta$ing an individual !olicy fo# each asset. So
the com!any !osition is successful.
Page92
OT+ER INCOME SC+EDULE NO 37 4FFM
)ARTICULARS AMOUNTS
a. Sc#a!e Sales ;7"B:A"B7C
%. Inte#est Received6TDS Rs.C"=F"A<FH@9 <"=;C";=C
c. Dividend Received :"=;=";=C
d. Claims Received 7"8:7"B<:
e. .iscellaneous Income CB"7==
f. ,#ofit on Sale of Assets 7="<BA
g. /ain on Fo#eign E(change6Net9 X
h. 4ad De%ts Recove#ed X
i.C#edit 4alance 1#itten 4ac$ ="=8:":F<
'. E(cess ,#ovision C#edited 4ac$ 7"C7:"<;B
$. ,#ovision Fo# Dou%tful De%ts De!osits and
Advances C#edited 4ac$
==:"BF8
TOTAL LM:M5H:HF6
Page93
)ROFIT AND LOSS ACCOUNT FOR T+E (EAR ENDED 531MARC+14FFM
)ARTICULARS SC+EDULE
NO
AMOUNTS
INCOME
Sales@/#oss <"FA7"B:="88;
Less* E(cise duty Collected
7"F8:"B7C"A8F
Net Sales A"8A;"B7C"FBF
Othe# Income 7A 8<"<:;";BF
Inc#easeH6dec#ease9in Stoc$ 7C 7;7";FA"7;8
TOTAL
C"=:<"CBB":8<
E<)ENDITURE
,u#chase of Finished /oods 7"78B"=7=
Ra .ate#ial Consumed 7< :"8:<";7="FAF
,aymentsE 4enefits to Em!loyee 7; =CA"88<"B8F
.anufactu#ing" selling" Admin"E Othe#
Income
78 7"B8:"CA<"FF:
Duties E Ta(es =B =C"BB<"8;8
Inte#est =7 :B"8=F"=8:
De!#eciation =7 7<B"B=C"FCF
TOTAL 7:747:G37:L6L
,ROFIT 4EFORE TAKATION
,#ovision Fo# Ta(ation
Cu##ent =7<"ABB"BBB
Defe##ed 7C"B;B"CFC
Ea#lie# Lea#s F"F<A"B:8
1ealth Ta( 8F"7;;
F#inge 4enefits Ta( :"FBB"BBB
,#ofit Afte# Ta(ation F<B"F:F"A<A
,#ofit 4#ought Fo#a#d F#om ,#evious
Lea#
<F8"B:7"C8F
,#ofit Availa%le Fo# A!!#o!#iation 7"=78"FCC"=C8
+ess* A!!#o!#iation
T#ansfe# to /ene#al Rese#ve F<"BF:"FA;
,#o!osed dividend :8";AC"=AB
Dividend Ta( C"<<:"A<B
-ALANCE CARRIED TO
-ALANCE S+EET
7"7=A"<8="887
4asic Ea#nings !e# E)uity Sha#e of Rs.7B
Each6E,S9
Net !#ofit afte# ta( Rs6=:;FCA<:B9
Page94
-ALANCE S+EET AS O 531MARC+14FFM
)ARTICULARS SC+EDUL
E
NO
RU)EES RU)EES
SOURCES OF FUNDS
Sha#e holde#0s fund
Sha#e Ca!ital 7
77:";<A"BB
B
Rese#ves E Su#!lus =
=":=="<;="BF8
="F:C"CA<"C<<
LOAN FUNDS
Secu#ed +oan :
7"B<F";<F"BF8
Unsecu#ed +oan F
::="=B8";:7 7"FB<"B;:";;B
DEFFERRED TA< LIA-ILIT(
TOTAL
A))LICATION OF FUNDS
Fi(ed Assets C
/#oss %loc$
="A<<"<;C"B<:
Less: De!#eciation
7"BB8"F;7"F8=
Net 4loc$
7"AC;":BF"A;7
Ca!ital 1o#$@in@,#og#ess
C7"CC<"A8<
7"C=8"8<="7<;
Investments <
7C7"8F7"CAC
CURRENT ASSETS:LOANS 8
AD*ANCES
Invento#ies ;
8=7"<7:"F7A
Sund#y De%to#s 8
7"FA8"AFF"8<<
Cash E 4an$ 4alance 7B
=AC"BB"BAF
+oans" Advances E De!osits 77
;A8";=F"AC;
Othe# Cu##ent Assets 7=
:"77B"AC;
:"ABB"78:=8F
Less* Cu##ent +ia%ilities E ,#ovisions 7:
+ia%ilities
<:A":BF"A;:
,#ovisions
A<C"8C;"B=<
7":7="=<="C7B
Net Cu##ent Assets
="7;<"8=B"C;F
TOTAL
5:LML:H56:73H
Page95
OT+ER INCOME SC+EDULE NO 37 4FFH
)ATICULARS AMOUNTS
a. Sc#a!e Sales =B:"8B="8F8
%. Inte#est Received6TDS Rs.C"=F"A<FH@9
<"=:F"<C:
c. Dividend Received 7"AB;"=F:
d. Claims Received
C"C=:"8=;
e. .iscellaneous Income CC":<<
f. ,#ofit on Sale of Assets
F7":7<
g. /ain on Fo#eign E(change 6Net9 ::"ABF"<87
i. C#edit 4alance 1#itten 4ac$
F"<:"<FA
'. E(cess ,#ovision C#edited 4ac$ F";8"C8C
$. ,#ovision Fo# Dou%tful De%ts" De!osits and
Advances C#edited 4ac$
X
TOTAL 47G:3FF:G65
Page96
)ROFIT AND LOSS ACCOUNT FOR T+E (EAR ENDED 531MARC+1
4FFH
NO
AMOUNT
INCOME
Sales@/#oss 7:"F88";C<"F88
+ess* E(cise duty Collected
="CCC"C7B"A8A
Net Sales 7B";::"=AC"8BF
Othe# Income
7A =AC"7BB"CF:
Inc#easeH6dec#ease9 in Stoc$ 7C A;="BCA"8;=
TOTAL 77"C<7"F=:"A=8
E<)ENDITURE
,u#chase of Finished /oods
C":<;"C=A
Ra .ate#ial Consumed <"<8F"<8F"C<A
,ayments E 4enefits to em!loyees
7; FB;"B<;"B<;
.anufactu#ing" Selling"Admin"E Othe#
Income
78 7"A<8"A87"==7
Duties E Ta(es =B F8"F:;"AC7
Inte#est
=7 7=8":B;";<F
De!#eciation =FF"FA="B<B
TOTAL 7B"=7="BF="7BF
)ROFIT -EFORE TA<ATION 7"FA8":;7"F=A
,#ovision Fo# Ta(ation
Cu##ent F;B"BBB"BBB
Defe##ed
::"F7:"B8F
Ea#lie# Lea#s :"<AC"78B
1ealth Ta(
8:"B7B
F#inge 4enefits Ta( C"BBB"BBB
,#ofit Afte# Ta(ation
8F:"C:7"A77
,#ofit 4#ought Fo#a#d F#om ,#evious Lea# 7"7=A"<8="7A7
,#ofit Availa%le Fo# A!!#o!#iation
="BC8"F=F"AB=
+ess* A!!#o!#iation
T#ansfe# To /ene#al Rese#ve
8F":C:"7A7
,#o!osed Dividend :8";AC"A<B
Dividend Ta(
C"<<:"A<B
-ALANCE CARRIED TO -ALANCE
S+EET
7"8=;"F:7"A:7
4asic Ea#ning !e# E)uity Sha#e of Rs.7B
Each6E,S9
Net ,#ofit Afte# Ta( Rs6=:;"FCA"<:B9
,#evious Lea# ;C"8BB"AC:
No E)uity Sha#e 77":;<"ABB
6,#evious Lea# 77":;<"ABB9
3G.7M
Page97
-ALANCE S+EET AS ON 531MARC+14FFH
OT+ER INCOME SC+EDULE NO 37 4FFL
)ARTICULARS AMOUNTS
a. Sc#a!e Sales 7B":=;":B8
7F"7=<"A=7
C. Dividend Received =":<:"AC=
D. Claims Received
:7";=C";:C
Page98
NO
RU)EES RU)EES
SOURCES OF FUNDS
Sha#e holde#0s Fund
Sha#e Ca!ital 7 77:";<A"BBB
Rese#ves E Su#!lus
= :"=7<"7:8"F<B
:"::7"B7F"F<B
LOAN FUNDS
Secu#ed +oan : ="=CC"AFA"AB=
Unsecu#ed +oan
F ;8C"B<A"BA;
:"7C="C=B"ACB
DEFFERRED TA< LIA-ILOIT( A 7C8"ABC"BAA
TOTAL C"CC:"7F7"B;A
Fi(ed Assets
C
/#oss 4loc$ :"7BA";F:"7B;
Less* De!#eciation
7"=7<"::F"C::
Net 4loc$ 7";;;"AB;"F<A
Ca!ital 1o#$@in@,#og#ess
CA<"FB8"87=
="AFA"87;":;<
Investments
< 7C="BBC"C=A
AD*ANCES
Invento#ies ; 7"8F:"::A"<BF
Sund#y De%to#s
8 ="=CF"C;="B78
Cash E 4an$ 4alance 7B A77"FA:"<:8
+oans" Advances E De!osits
77 7"=F;"F<;"F<<
Othe# Cu##ent Assets 7= ;"B77"B;C
A"8<A"8C7"B=A
Less: Cu##ent +ia%ilities ,#ovisions 7:
+ia%ilities
7"B=<":<:";78
,#ovisions 88:":<7"7::
="B=B"<FF"8A=
Net Cu##ent Assets :"8AA"=7C"B<:
TOTAL G:GG5:363:FH7
e. ,#ofit on Sale of Assets 7;"<8F
f. ,#ofit on Sale of Investments
:"C:C
g. /ain on Fo#eign E(change6Net9 X
h. 4ad De%ts Recove#ed
F"A<F"F8<
i. E(cess ,#ovision C#edited 4alances 1#itten 4ac$ :";A<"FC:
'. Sund#y Income
7:";A<"FC:
TOTAL HF:7G6:56F
)ROFIT AND LOSS ACCOUNT FOR T+E (EAR ENDED 531MARC+14FFL
NO
AMOUNTS
INCOME
Sales@/#oss
7A";:8"AFB"A=7
+ess* E(cise duty Collected ="CC=":7B"F<F
Net Sales
7:"7<<"=:B"BF<
Othe# Income 7F ;B"ACF":FB
Inc#easeH6dec#ease9 in Stoc$
7A 7A:"FBB"=8=
TOTAL 7:"7BF":8F"B8A
Page99
E<)ENDITURE
,u#chase of T#ading /oods ;A"B;C"7BA
Ra .ate#ial Consumed
7C ;"FA:"BAA"=C:
,ayments E 4enefits to Em!loyees 7< A7C"7:F"::<
.anufactu#ing" Selling"Admin E Othe# Income
7; ="=<A"C;<"=AA
Duties E Ta(es 78 78"87A"F<F
Inte#est
=B 7;=":CA"<=:
De!#eciation :FA"AC:";A;
TOTAL 77";<<";B;"B7A
)ROFIT -EFORE TA<ATION 7"==C"A;C"B;B
Less* ,#ovision Fo# Ta(ation
=7 F=7"<88":<:
,#ofit Afte# Ta(ation ;BF"<;C"<B<
,#ofit 4#ought Fo#a#d F#om ,#evious Lea#
7"8=;"F:7"A:7
,#ofit Availa%le Fo# A!!#o!#iation ="<::"=7;"=:;
Less* A!!#o!#iation
T#ansfe# to /ene#al #ese#ves ;B"F<;"C<7
,#o!osed Dividend
C;":=A"BBB
Dividend Ta( 77"C77";::
-ALANCE CARRIED TO -ALANCE*S+EET ="A<=";B="<:F
Ea#ning ,e# E)uity Sha#e@4asic E Diluted
8.F=
-ALANCE S+EET AS ON 531MARC+14FFL
NO
RU)EES RU)EES
SOURCES OF FUND
Sha#e >olde#0s Fund
Sha#e Ca!ital 7 7<B";7="ABB
Rese#ves E Su#!lus = :";;A"BA7";FF
F"BAA";CF":FF
LOAN FUND
Secu#ed +oan : ="B<;":==";C:
Unsecu#ed +oan F <;B":;<"B<7
=";A;"<B8"8:F
DEFFERED TA< LI-ILIT( A 7;="B;":=:
TOTAL <"B8<"B;="CB7
Page100
Fi(ed Assets C
/#oss 4loc$ F"=<B"8:A"8<B
Less* De!#eciation 7"FA<"C8:"C:B
Net 4loc$ =";7:"=F=":FB
Ca!ital 1o#$@in@!#og#ess :8C"BFF"8C8 :"=B8"=;<":B8
Investments < F<B"8;C"7;;
AD*ANCES
Invento#ies ; 7"CB;"=C;"C<:
Sund#y De%to#s 8 ="B<;"F8:"BFB
Cash E 4an$ 4alance 7B <B=";A7";BC
+oan" Advances E De!osits 77 ;<B"=;<"=8<
A"=A8"8BB";7C
Less* Cu##ent +ia%ilities E ,#ovisions 7=
+ia%ilities 7"7:<"8C;"B;:
,#ovisions <BA"7=:"C=8
7";F:"B87"<7=
Net Cu##ent Assets :"F7C";B8"7BF
TOTAL M:FLM:FH4:GF3
OT+ER INCOME SC+EDULE NO 37 4F3F
)ARTICULARS AMOUNTS
a. Sc#a!e Sales C"C7:"A87
C"8:C"F==
c. Dividend Received =7"B:C"B:<
d. Claims Received
7B"=F7"C:A
e. ,#ofit on Sale of Assets 7A"8<C
f. ,#ofit on Sale of investments
F<"A:;
g. /ain on Fo#eign E(change6Net9 7=B"C:F"ABF
h. 4ad De%ts Received
7"C=;"B:<
i. E(cise ,#ovisionHC#edited 4alance 1#itten 4ac$ ="C;=";F<
'. Sund#y Income
::<"87F
TOTAL
3MF:3M6:7F3
Page101
)ORFIT AND LOSS ACCOUNT FOR T+E (EAR ENDED 531MARC+14F3F
NO
AMOUNTS
INCOME
Sales@/#oss 7C"87B";:<"F::
Less* E(cise Duty Collected
="=A;"<FB"<=;
Net Sales 7F"CA="B8C"<BA
Othe# Income
7F 7<B"7<F"AB7
Inc#easeH6dec#ease9 in stoc$ 7A :AC";<<"F;C
TOTAL 7A"7<8"7F;"C8=
E<)ENDITURE
,u#chase of t#ading goods
:A":=;"AFB
Ra .ate#ial Consumed 7C 8"7F=";7<"A8B
,ayments E 4enefits to Em!loyee
7< C=:"<BF"7:=
.anufactu#ing" Selling" Admin" EOthe#
Income
7; =":7:"78="C;F
Duties E Ta(es 78 =B"A8B"7;7
Inte#est
=B C<"<7A"A<=
Page102
De!#eciations F=8"FA7"=FF
TOTAL 7="C:="<88"8F:
)ROFIT -EFORE TA<ATION ="AFC":F;"<F8
Less* ,#ovision fo# Ta(ation
=7 ;<C"B7F";;7
,#ofit afte# ta(ations 7"C<B":::";C;
,#ofit %#ought fo#a#d f#om !#evious yea#
="A<=";B="<:F
,#ofit availa%le fo# a!!#o!#iation F"=F:"7:C"CB=
+ess* A!!#o!#iation
T#ansfe# to /ene#al Rese#ve 7C<"B::":;<
,#o!osed Dividend
=F<"C<;"7=A
Dividend Ta( F="B8=";8<
-ALANCE CARRIED TO -ALANCE
S+EET
:"<;C"::="78:
Ea#ning ,e# E)uity Sha#e@4asic E Diluted 3L.7G
-ALANCE S+EET AS ON 531MARC+14F3F
NO
RU)EES RU)EES
SOURCES OF FUNDS
Sha#e >olde#0s Fund
Rese#ves E Su#!lus = A"=CA"C7F"C8B A"F:C"F=<"78B
LOAN FUNDS
Secu#ed +oan : =<="8FC"<<B
Unsecu#ed +oan F =7C":A=";<;
877";8F"FCB
DEFFERED TA< LIA-ILIT( A =7C":A=";<;
TOTAL C"ACF"C<F"A;
Fi(ed Assets C F"877"BC<"=CC
/#oss 4loc$ 7";A:";7="BBF
Less* De!#eciation :"BA<"=AA"=C=
Net 4loc$ ==C";87"F;8
Ca!ital 1o#$@in@,#og#ess :"=;F"7FC"<A7
Investments < 7CB"<AC"BCF
AD*ANCES
Page103
Invento#ies ; ="7<A"<=:"A<A
Sund#y De%to#s 8 ="F=="8AF"<7F
Cash E 4an$ 4alance7B C=F"C<="F=8
+oans" Advances
Ede!osits
77 7"B;<"=<<"FC<
C":7B"C=;"7;A
Less* Cu##ent +ia%ilities E
,#ovisions
7=
+ia%ilities 7"CAC":8B"7=B
,#ovisions 7"A:F"FCC":A=
Net Cu##ent Assets :"778"<<7"<7:
TOTAL G:7G6:GM6:74H
OT+ER INCOME SE+EDULE NO 37 4F33
RTICULARS AMOUNTS
a. Sc#a!e Sales <"==:"<BF
%. Inte#est Received6TDS Rs.8AA"7<CH@9
77"=FF"<BB
c. Dividend Received F:"7;A"F7:
d. Claims Received
8"7FB"87<
e. /ain on Fo#eign E(change6Net9 F";F7"C7=
f. ,#ofit on Sale of Assets
X
g. ,#ofit on Sale of Investment X
h. E(cess ,#ovisionHC#edit 4alance 1#itten 4ac$
7;":B;"B;;
i. 4ad De%ts Recove#ed 7"88<"C=<
'. Sund#y Income
7BB"8CC
TOTAL LG:F65:F4M
Page104
)ORFIT AND LOSS ACCOUNT FOR T+E (EAR ENDED 531MARC+14F33
NO
AMOUNTS
INCOME
/#oss Sales =B"<CF";=<"7B8
Less* E(cise Duty and Sales Ta( :"7A:"C=B":A;
Net Sales 7<"C77"=BC"<A7
Othe# Income 7F 8C"BF:"B=<
Inc#easeH6dec#ease9 in Stoc$ 7A =;:"7FF"<A7
TOTAL 7<"88B":8F"A=8
E<)ENDITURE
,u#chase of T#ading /oods <F"7FB";7=
.ate#ials Consumed 7C 77";B<"CF:"AF<
,ayments and 4enefits to Em!loyees7< 7< <<F";<7";8B
.anufactu#ing" Selling"Admin And Othe# E(!enses 7; ="CC;"=F;":7:
Duties E Ta(es 78 =:"<=B"=8<
Inte#est =B 7F"A=B"FF7
De!#eciation F7<"7=B"C::
TOTAL 7A"<;B"=CA"8::
)ROFIT -EFORE TA<ATION ="=7B"7=;"A8C
Less: ,#ovision fo# Ta(ation =7 <=8"7CF"C=7
,#ofit Afte# Fo# Ta(ation 7"F;B"8C:"8<A
,#ofit 4#ought Fo#a#d F#om ,#evious Lea# :"<;C"::="78:
,#ofit Availa%le Fo# A!!#o!#iation A"=C<"=8C"7C;
Less* A!!#o!#iation
T#ansfe# to /ene#al Rese#ve 7F;"B8C":8<
Inte#im Dividend 7<B";7="ABB
Dividend Ta( on Inte#im Dividend =;":C8";=7
,#o!osed Final Dividend ==="BAC"=AB
Dividend Ta( on ,#o!osed Final Dividend :C";;B"<C<
-ALANCE CARRIED TO -ALANCE S+EET F"CC7"B;B"F::
Page105
4asic and Diluted Ea#nings ,e# E)uity Sha#e 3M.56
-ALANCE S+EET AS ON AT 531MARC+14F33
NO
RU))ES RU)EES
SOURCES OF FUNDS
Sha#e >olde#0s Fund
Rese#ves and su#!lus = C"=;;"FA8":=<
C"FA8"=<7";=<
LOAN FUNDS
Secu#ed +oan : =FB"FF:";7B
Unsecu#ed +oan F <7B"B7C"F;=
8AB"FCB"=8=
DEFFERRED TA<
LIA-ILIT(
A =BF"8::"<B<
TOTAL <"C7F"CCA";=C
Fi(ed Assets
/#oss 4loc$ C A":;<"AAC"8B=
Less* De!#eciation ="=:C"C;<"=;F
Net 4loc$ :"7AB";C8"C7;
Ca!ital 1o#$@in@,#og#ess :<A"F7B"8<:
:"A=C"=;B"A87
Investments < 7CB"<AC"BCF
CURRENT ASSETS:LOANS
AND
AD*ANCES
Invento#ies ; =";FC"8CC":B=
Sund#y De%to#s 8 :"BAC"C=:"8:A
Cash E 4an$ 4alances 7B FB="B;F"7=7
+oans" advances And De!osits 77 7"77="88C"77C
M:63H:GMF:6M6
Less: Cu##ent +ia%ilities and
!#ovisions
7=
Page106
+ia%ilities 7"87;";;<"7A;
,#ovision 7"A<="7AF"7FA
:"F87"BF7":B:
Net Cu##ent Assets :"8=<"C=8"7<7
TOTAL M:G36:GG7:H4G
-I-LIOGRA)+(:
TITLE AUT+OR EDITI
ON
)U-LIS+ER
Ris$ .anagement
and Insu#ance
Jhan and
Iain
:
#d
editi
on
Chand
,E-SITE: .Insu#anceindia.com"
./ic.co.in"
.Tataaig.com"
.O#ientalinsu#ance.com and
.Nationalinsu#ance.com
MAGPINES: Cha#ted financial analysis* ICFAI.
Page107
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REDUCTION OF INSURANCE COST

INTRODUCTION TO FINANCIAL MANAGEMENT:

ELECTRONIC E9UI)MENT: Cove#s elect#onic e)ui!ments 6e.g. com!ute#s"

)ORTA-LE E9UI)MENTS: Cove#s !o#ta%le e)ui!ments e.g. la!to!s e.t.c." against

MAC+INER( -REA.DO,N: ,#ovides cove# fo# unfo#eseen and sudden !hysical

,OR.MENDS COM)ENSATION: Cove#s Lou fo# you# lia%ility unde# the

)ERSONAL ACCIDENT: Cove# death H disa%ility caused to you# em!loyees due to

-AGGAGE: Cove#s loss" dest#uction o# damage to the accom!anied !e#sonal %aggage of

STANDARD FIRE 8 S)ECIAL )ERIL:

ELECTRONIC E9UI)MENT: +oss" dest#uction" o# damage caused %y

)ORTA-LE E9UI)MENT: +oss" dest#uction o# damage caused %y

MAC+INER( -REA.DO,N: +oss" dest#uction o# damage caused %y

MONE(: +oss caused %y

)LATE GLASS 8 NEON SIGN: +oss" dest#uction" o# damage caused %y

,OR.MENDS COM)ENSATION: +ia%ility a#ising out of

Floating !olicy@ Inland t#ansit

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