Special contingency policies providing cover for machinery / equipment have rate of premium charged varying from 1 percent to 2 percent of the value of the property to be covered.
Total abandonment of an arranged cricket match, event insurances etc. are types of special contingency policies.
Other policies available in the present market include identity theft cover policies, kidnap and ransom insurance etc.
Intellectual property insurance coverage protects companies for patent, copyright, or trademark infringement claims arising out of the companys operation.
E-commerce insurance protects companies against a number of potential risks incurred from doing business online.
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