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Bharat Sookshma Udyam Suraksha Policy

Secure your small business with Bharat Sookshma Udyam Suraksha Policy. This insurance plan is designed to provide financial protection for your business against various risks. Apply Now!

Policy typeCommercial property insurance for business buildings and structures, plant and machinery, stock and other business assetsInsurerTata AIG General Insurance Company Limited.Under-insurance waiverUnder-insurance is waived up to 15%; beyond 15%, under-insurance applies to the full extent
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Quick eligibility check

Bharat Sookshma Udyam Suraksha Policy

0 of 6 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Available to a person carrying on manufacturing/production or providing/rendering services who owns or is legally responsible for the business, where the value of all insurable assets at one location is not more than ₹5 crore at policy commencement?

Published source: Eligibility

2Do you meet this requirement: Building cover also requires ownership, lease or another stated legal responsibility?

Published source: Eligibility

3Do you meet this requirement: plant, machinery, stock and other contents may be owned, leased, held in trust/commission, hired or accepted for job work?

Published source: Eligibility

4Document checkDo you have this required document or proof: Business/property asset schedule identifying the building, structures, plant and machinery, stock and other insured property?

Published source: Eligibility

5Document checkDo you have at least one of these required documents: Evidence that the proposer owns or is legally responsible for the business and that insurable assets at one location do not exceed ₹5 crore at inception?

Published source: Eligibility

6Document checkDo you have this required document or proof: The official page links the Bharat Sookshma Udyam Suraksha prospectus and policy wording; final proposal documents depend on the selected covers and insurer assessment?

Published source: Eligibility
0 of 6 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 29 Sept 2026 · active
Bharat Sookshma Udyam Suraksha Policy official banner
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Policy typeCommercial property insurance for business buildings and structures, plant and machinery, stock and other business assetsView source
The page says the policy covers physical loss, damage or destruction of business buildings and structures, plant and machinery, stock and other assets.
Source
Bharat Sookshma Udyam Suraksha Policy
Page / section
Overview
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Coverage and built-in limitsStandard cover protects buildings/structures, plant and machinery, stock and other business assets against the listed insured events. Built-in covers include additions/alterations up to 15% of the item sum insured (excluding stocks), temporary stock removal up to 10% of value, money up to ₹50,000, documents/securities up to ₹50,000, computer programmes/information/data up to ₹5 lakh, personal effects up to ₹15,000 per person for up to 20 people, start-up expenses up to ₹1 lakh, professional fees up to 5% of the claim, debris removal up to 2% of the claim and municipal-regulation reconstruction costs.View source
The Bank of Baroda page and prospectus publish the same built-in cover limits; the policy schedule controls the item-level sum insured.
Source
Bharat Sookshma Udyam Suraksha Policy — Bank of Baroda
Page / section
Features / In Built Covers; confirmed against prospectus pages 2-3
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Sum insured / coverThe policy is for enterprises whose total value at risk across all insurable asset classes at one location does not exceed ₹5 crore at policy commencement. The maximum amount payable under the policy is the total sum insured stated in the policy schedule; each cover or item has its own scheduled sum insured.View source
The prospectus limits eligibility to total insurable assets at one location not exceeding ₹5 Crore at policy commencement and states that the maximum payable is the total Sum Insured in the policy schedule.
Source
Tata Bharat Sookshma Udyam Suraksha Prospectus
Page / section
Pages 2 and 4, Introduction / Who can purchase / Sum Insured
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
InsurerTata AIG General Insurance Company Limited.View source
The prospectus identifies Tata General Insurance Company Limited as the insurer for Bharat Sookshma Udyam Suraksha.
Source
TATA Bharat Sookshma Udyam Suraksha — prospectus
Page / section
Pages 1–2 — prospectus title and introduction
Accessed
28 Aug 2026
Confidence
high
Open official source ↗
Key exclusionsThe prospectus excludes, among other listed items, wear/tear and gradual deterioration, defective design or workmanship, war and nuclear risks, pollution/contamination (subject to the stated insured-event exception), missing or mislaid property, bullion/unset precious stones unless separately declared, consequential or indirect loss, marine-policy-covered loss (except excess), and claim-preparation costs. The policy wording controls the complete list.View source
The prospectus exclusion section lists these property, peril and consequential-loss exclusions and states that the policy document prevails for interpretation.
Source
TATA Bharat Sookshma Udyam Suraksha — prospectus
Page / section
Page 5 — Exclusions, that is, what We do not pay
Accessed
28 Aug 2026
Confidence
high
Open official source ↗
Policy termAn annual policy can be issued after a short-period policy completes; the official FAQ says a short-period extension is not possible. The exact inception and expiry dates remain those shown in the policy schedule.View source
The official states that extension of a short-period policy is not possible, but an annual policy can be issued on completion of the short period.
Source
Bank of Baroda — Bharat Sookshma Udyam Suraksha
Page / section
— Whether Extension of short period policy is possible in the product
Accessed
7 Sept 2026
Confidence
high
Open official source ↗
PremiumThe premium amount and applicable taxes are shown in the policy schedule for the selected covers and policy period; the prospectus does not publish a universal purchase premium or tariff. Premium must be paid in full for the policy to commence.View source
The prospectus states that the Policy Schedule shows the premium for the Policy Period and all taxes and levies, and that the policy commences on payment of premium in full.
Source
Bharat Sookshma Udyam Suraksha Policy — Tata prospectus
Page / section
Page 5 — Premium
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
Under-insurance waiverUnder-insurance is waived up to 15%; beyond 15%, under-insurance applies to the full extentView source
The official states that under-insurance is waived up to 15%, with full under-insurance applying beyond that level.
Source
Bharat Sookshma Udyam Suraksha Policy
Page / section
— under insurance waiver
Accessed
29 Aug 2026
Confidence
high
Open official source ↗
EligibilityAvailable to a person carrying on manufacturing/production or providing/rendering services who owns or is legally responsible for the business, where the value of all insurable assets at one location is not more than ₹5 crore at policy commencement. Building cover also requires ownership, lease or another stated legal responsibility; plant, machinery, stock and other contents may be owned, leased, held in trust/commission, hired or accepted for job work.View source
The eligibility section names manufacturing/services businesses and the ₹5 crore asset ceiling, then lists ownership, lease, trust, hire and job-work responsibilities for covered property.
Source
Tata Bharat Sookshma Udyam Suraksha Prospectus
Page / section
Page 4, Who can purchase this Policy?
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Excess / deductible₹5,000 for each claim; terrorism excess follows the attached Terrorism Clause.View source
The exclusions section states an excess of ₹5,000 for each claim and a separate terrorism excess under the attached clause.
Source
Tata Bharat Sookshma Udyam Suraksha Prospectus
Page / section
Page 5, Exclusions — clause 1
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Underinsurance ruleUnderinsurance is waived up to 15%. If the relevant sum insured is less than 85% of the value of insurable assets, the insured bears the difference and a proportionate share of the loss.View source
The prospectus expressly provides an underinsurance waiver up to 15% and applies proportional reduction below 85% of insurable-asset value.
Source
Tata Bharat Sookshma Udyam Suraksha Prospectus
Page / section
Page 4, Underinsurance
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Claim notification windowSubmit the claim form at the earliest opportunity and within 30 days from the date the loss or damage is first noticed; notify the insurer immediately and report to police/fire authorities where required.View source
The claims section requires notice immediately and a claim form within 30 days from first notice of the loss or damage.
Source
Tata Bharat Sookshma Udyam Suraksha Prospectus
Page / section
Page 6, Making a claim
Accessed
10 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • Standard cover, in-built covers and standard add-ons
  • declaration policy for stocks is available on payment of additional premium

Documents the bank lists

  • Business/property asset schedule identifying the building, structures, plant and machinery, stock and other insured property.
  • Evidence that the proposer owns or is legally responsible for the business and that insurable assets at one location do not exceed ₹5 crore at inception.
  • The official page links the Bharat Sookshma Udyam Suraksha prospectus and policy wording; final proposal documents depend on the selected covers and insurer assessment.

Related official documents

prospectus 25 08prospectus · current · accessed 15 Aug 2026
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TATA AIG Bharat Sookshma Udyam Suraksha — prospectusprospectus · current · accessed 28 Aug 2026
↗
Bharat Sookshma Udyam Suraksha Policy — current Bank of Baroda product pageofficial-product-page · current · accessed 7 Sept 2026
↗
Bank of Baroda FAQ — Bharat Sookshma Udyam Suraksha policy periodofficial-faq · current · accessed 7 Sept 2026
↗
Bharat Sookshma Udyam Suraksha — existing official image recheckofficial-product-image · verified-existing-optimized-asset · accessed 29 Sept 2026
↗
Bharat Sookshma Udyam Suraksha Policy — current Bank of Baroda page recheckofficial-product-page · current · accessed 29 Sept 2026
↗
Bharat Sookshma Udyam Suraksha Policy — Bank of Barodaofficial-product-page · current · accessed 10 Sept 2026
↗
Tata AIG Bharat Sookshma Udyam Suraksha Prospectus — current URL recheckofficial-pdf · cache miss; durable prior review reused · accessed 29 Sept 2026
↗
Tata AIG Bharat Sookshma Udyam Suraksha Prospectus — UIN IRDAN108RP0020V01202021official-pdf · current · accessed 10 Sept 2026
↗
Bharat Sookshma Udyam Suraksha Policy — Tata AIG prospectusofficial-pdf · current · accessed 29 Aug 2026
↗
Bharat Sookshma Udyam Suraksha Policy — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Life-cover needs estimate

See whether your current cover and savings may leave a gap for your family. This does not calculate an insurance premium.

Possible cover gap₹1,15,00,000one crore fifteen lakh rupees
Income your family may need₹1,00,00,000one crore rupees
Cover and savings already counted₹5,00,000five lakh rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Eligible business · Published ruleManufacturing/production of goods or provision/rendering of services; proposer owns or is legally responsible for the business

This value is copied from Bharat Sookshma Udyam Suraksha — eligibility and sum insured rules. Check the table notes before relying on it.

Source: Bharat Sookshma Udyam Suraksha Policy — Tata prospectus · Pages 4–5 — Who can purchase, Sum Insured and Underinsurance Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 2 columnsBharat Sookshma Udyam Suraksha — eligibility and sum insured rulesEligibility, asset ceiling and valuation basis published in the official prospectus.View tableHide table

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Bharat Sookshma Udyam Suraksha — eligibility and sum insured rules
TopicPublished rule
Eligible businessManufacturing/production of goods or provision/rendering of services; proposer owns or is legally responsible for the business
Asset ceiling at commencementTotal insurable assets at one location not more than ₹5,00,00,000
If assets exceed ceilingPolicy is replaced with the applicable policy at expiry
Underinsurance waiverWaived up to 15%; beyond 15%, proportionate underinsurance applies
Building, plant, machinery and contentsReinstatement value basis
StockRaw material at landed cost; work-in-process at input cost; finished stock at manufacturing cost or qualifying contract price
  • No age-based eligibility threshold or universal premium amount is published in the reviewed sources.
Bharat Sookshma Udyam Suraksha Policy — Tata prospectus · Pages 4–5 — Who can purchase, Sum Insured and Underinsurance · accessed 29 Aug 2026Open official source ↗
Table 2 · 9 rows · 2 columnsBharat Sookshma Udyam Suraksha — in-built cover limitsPublished asset sub-limits and business-property eligibility.View tableHide table

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Bharat Sookshma Udyam Suraksha — in-built cover limits
CoverPublished limit or condition
Asset eligibilityBusiness buildings/structures, plant and machinery, stock and other business assets; insurable assets at one location up to ₹5 crore at commencement
Additions/alterations/extensionsUp to 15% of the sum insured for that item, excluding stocks
Temporary stock removalUp to 10% of the relevant sum insured
Money and documentsUp to ₹50,000 during the policy period for each listed cover
Computer programmes/dataUp to ₹5 lakh during the policy period
Personal effects₹15,000 per person for up to 20 employees/directors/visitors
Start-up expensesUp to ₹1 lakh
Professional fees / debrisProfessional fees up to 5% of claim; debris removal up to 2% of claim
Add-onDeclaration policy for fluctuating stocks available for additional premium
  • The full insured-event and exclusion matrix is retained in the linked prospectus/policy wording; the page publishes fire, explosion, lightning, natural perils, impact, riot/strike/malicious damage, terrorism and related conditions.
Bharat Sookshma Udyam Suraksha Policy · Features; What We Cover; in-built covers and sub-limits · accessed 30 Aug 2026Open official source ↗
Table 3 · 4 rows · 2 columnsBharat Sookshma Udyam Suraksha — policy-period optionsPolicy-period terms published in Bank of Baroda's product FAQ.View tableHide table

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Bharat Sookshma Udyam Suraksha — policy-period options
OptionPublished detail
Annual policyAvailable on completion of a short-period policy
Short-period policyMay be issued; exact period is schedule-defined
Short-period extensionNot possible
Policy datesInception and expiry are shown in the policy schedule
  • The does not publish one fixed number of days for every short-period issue.
Bank of Baroda — Bharat Sookshma Udyam Suraksha · — short-period policy extension · accessed 7 Sept 2026Open official source ↗
Table 4 · 11 rows · 2 columnsBharat Sookshma Udyam Suraksha — in-built coversView tableHide table

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Bharat Sookshma Udyam Suraksha — in-built covers
CoverPublished limit or condition
Additions, alterations or extensionsUp to 15% of the sum insured for that item, excluding stocks
Stocks on floater basisStocks at more than one named location
Temporary removal of stocksUp to 10% of value for fabrication, processing or finishing
MoneyUp to ₹50,000 during the policy period
Documents and securitiesUp to ₹50,000 during the policy period
Computer programmes, information and dataUp to ₹5 lakh during the policy period
Personal effectsUp to ₹15,000 per person for a maximum of 20 employees, directors and visitors
Start-up expensesUp to ₹1 lakh consequent upon an insured event
Professional feesArchitects, surveyors and consulting engineers up to 5% of claim amount
Removal of debrisReasonable expenses up to 2% of claim amount
Municipal regulationsAdditional reconstruction cost incurred solely to comply with regulations
Tata Bharat Sookshma Udyam Suraksha Prospectus · Pages 2-3, In-built Covers · accessed 10 Sept 2026Open official source ↗
Table 5 · 14 rows · 3 columnsBharat Sookshma Udyam Suraksha — covered events and exclusionsView tableHide table

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Bharat Sookshma Udyam Suraksha — covered events and exclusions
No.Covered eventMain exclusion or limitation stated
1Fire, including fermentation, natural heating or spontaneous combustionHeating/drying process or burning by order of a public authority
2Explosion or implosionSteam vessels’ own explosion/implosion or centrifugal forces
3Lightning—
4Earthquake, volcanic eruption or other convulsions of nature—
5Storm, cyclone, typhoon, tempest, hurricane, tornado, tsunami, flood and inundation—
6Subsidence, landslide or rockslideNormal settlement, made-up ground, erosion, defective design/materials or construction/repair works
7Bush, forest or jungle fire—
8Impact damage by an external objectSonic/supersonic pressure waves; vehicle, animal or aircraft owned by the insured or employee
9Missile testing operations—
10Riot, strikes and malicious damageCessation of work, government dispossession/confiscation or unlawful occupation
11Acts of terrorismExclusions as per attached Terrorism Clause
12Bursting or overflowing of water tanks, apparatus and pipes—
13Leakage from automatic sprinkler installationsBuilding/sprinkler repairs or alterations and known construction defects
14Theft within 7 days of and proximately caused by an insured eventProperty outside premises or attached externally unless securely mounted
Tata Bharat Sookshma Udyam Suraksha Prospectus · Pages 3-4, Which unexpected events are covered? · accessed 10 Sept 2026Open official source ↗
Table 6 · 11 rows · 2 columnsBharat Sookshma Udyam Suraksha — current page cover limits and insured eventsCurrent page transcription retained alongside the complete six-page prospectus tables already stored in the product record.View tableHide table

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Bharat Sookshma Udyam Suraksha — current page cover limits and insured events
TopicPublished detail
Standard coverBuilding and structures, plant and machinery, stock and other business assets relating to the business.
Built-in additionsAdditions, alterations or extensions up to 15% of the sum insured for that item, excluding stocks.
Temporary stock removalUp to 10% of the relevant stock value for temporary removal for fabrication, processing or finishing.
Specific contentsMoney up to ₹50,000; documents/deeds/books/plans/drawings/securities up to ₹50,000; computer programmes/information/data up to ₹5 lakh; personal effects up to ₹15,000 per person for up to 20 people.
Other built-in limitsStart-up expenses up to ₹1 lakh; professional fees up to 5% of claim; debris removal up to 2% of claim; municipal-regulation reconstruction costs as stated in the policy.
Named insured eventsFire; explosion/implosion; lightning; earthquake/volcanic eruption; storm/cyclone/typhoon/tempest/hurricane/tornado/tsunami/flood/inundation; subsidence/landslide/rockslide; bush/forest/jungle fire; impact damage; missile testing; riot/strike/malicious damage; terrorism subject to clause; bursting/overflowing of water tanks/pipes; sprinkler leakage; theft within 7 days and proximately caused by an insured event.
UnderinsuranceWaived up to 15%; beyond 15%, underinsurance applies to the full extent. The says the waiver is available for the Tata product.
Policy periodAnnual policy can be issued after a short-period policy; a short-period extension is not possible. Exact dates are schedule-defined.
Insurer / distributionTata General Insurance Company Limited underwrites the policy; Bank of Baroda acts as a corporate agent and says insurance is voluntary and a contract between insurer and insured.
PremiumIndividual premium and taxes are shown in the policy schedule; no universal purchase premium is published in the reviewed page or prospectus.
ImageExisting official 1080×400 banner reused through the optimized WebP asset; no duplicate download.
  • The full covered-event/exclusion table, prospectus exclusions, ₹5 crore value-at-risk ceiling, ₹5,000 excess, 30-day claim notice and schedule-specific premium remain in the earlier complete tables.
  • No separate geographic restriction or age threshold is published.
Bharat Sookshma Udyam Suraksha Policy — current official page and saved Tata prospectus · Features; What We Cover; Disclaimer; ; prospectus pages 1–6 · accessed 29 Sept 2026Open official source ↗

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