Udaipur and Rajsamand
Insurance checklist for quarrying and mining
Udaipur and Rajsamand. Plant-heavy, people underground or at the face, and stone moving by road every day. Every line below is something to check against your own policies. 3 of them rest on a specific statute, named alongside with the condition it applies under.
| Status | Cover | What it answers for |
|---|---|---|
| Required by law | Motor third-party | Third-party cover is compulsory for any vehicle used in a public place.Applies when: The business owns or operates any vehicle.Motor Vehicles Act, 1988 |
| Required by law | Public liability | Compensation to third parties for accidents arising from handling hazardous substances.Applies when: Only where hazardous substances are handled as defined by the Act — explosives and certain fuels commonly are.Public Liability Insurance Act, 1991 |
| Required by law | Workmen's / Employees' Compensation | Employer liability for injury, occupational disease or death at work.Applies when: Employing workers in a Schedule II occupation — factories, construction, mines, transport, docks and plantations among them.Employees' Compensation Act, 1923 |
| Standard | Burglary and housebreaking | Stock and contents against forcible entry. Fire does not cover theft.Applies when: Stock or valuable contents held on the premises. |
| Standard | Contractors' plant and machinery | Excavators, crushers, compressors — mobile plant that a fire policy on the premises does not follow into the pit.Applies when: Owned mobile plant. |
| Standard | Marine cargo / inland transit | Stone in transit to the processing yard or the buyer. Goods on a lorry are not covered by the policy on the premises.Applies when: Any despatch by road, rail or sea. |
| Standard | Standard fire and special perils | Buildings, plant, stock and contents against fire and the named perils. Almost always the first policy a commercial client buys, and usually a condition of any secured borrowing against the asset.Applies when: Any owned or leased premises, plant or stock. |
| Worth asking | Cyber | Breach response, business interruption from an attack, and third-party liability. Awareness among Indian SMEs is very low, which makes it a conversation nobody else is having.Applies when: Any business holding customer data or dependent on systems. |
| Worth asking | Group medical | Hospitalisation cover for employees and usually their dependants. The policy an owner renews with the most anxiety, so it is the easiest door into an account somebody else holds.Applies when: Typically from around 20 employees, though insurers differ. |
| Worth asking | Group personal accident | Accident cover for staff, on duty and often off it. Frequently confused with employees' compensation, which it does not replace.Applies when: Any employer — but it is a benefit, not a statutory substitute. |
Frequently asked questions
Which of these covers are actually compulsory?
For quarrying and mining, the covers resting on a statute are: Motor third-party, Public liability, Workmen's / Employees' Compensation. Each applies only under the condition stated beside it, so whether it binds a particular business is a question of fact, not of trade. The acts involved are Employees' Compensation Act, 1923; Motor Vehicles Act, 1988; Public Liability Insurance Act, 1991.
Is a fire policy enough on its own?
Rarely. A fire policy answers for the named perils on the property described in it. It does not cover theft, it does not follow goods onto a lorry, it does not answer for machinery that fails electrically, and it does not replace the profit lost while the business is stopped. Those are separate covers, listed above.
What should I bring to have my cover checked?
The policy schedule and the full policy wording, not just the certificate. The schedule shows the sum insured and the premium; the wording is what decides a claim. RFS reads both at no charge and will tell you what it finds whether or not you place anything through us.