IRDAI License Number: IRDAI/INT/ISNP/2022/250
Neon signage of a retail outlet got damaged due to storm.
The outlet had been recently opened and it was not added in the policy
The client was maintaining CD balance for its commercial policy. Hence it was possible get the location added in the policy after charging the premium from the CD balance.
All the locations should be added in the policy. Any change in the location address should intimated to the insurer immediately.