📘 How to Use the Business Insurance Premium Calculator

Step 1: Select Your Business Type

Choose the category that best describes your business: Retail, Technology, Manufacturing, or Professional Services.

Step 2: Enter Annual Revenue

Enter your business's total revenue earned in the last financial year.
Example: ₹5,000,000

Step 3: Enter Number of Employees

Provide the number of full-time or part-time employees in your organization.
Example: 20

Step 4: Add Optional Coverages

Cyber Liability Cover: Protects against digital threats and data breaches.
Equipment Breakdown Cover: Covers the cost of repairing/replacing damaged equipment.

Select "Yes" or "No" for each optional coverage as per your business need.

Step 5: Click "Calculate Premium"

Hit the “Calculate Premium” button to view your estimated insurance cost.

📊 What You Will See

Estimated Annual Premium: Based on revenue, size, business type, and selected coverages.

Note: This is an estimate. Final premium may vary depending on underwriting and insurer guidelines.

Business Insurance: Safeguarding Your Enterprise

June 4, 2025 | IST

Business insurance is essential for protecting your company from financial losses caused by unforeseen events. It covers risks like property damage, liability claims, employee injuries, and business interruptions, helping you maintain stability and continuity.

Why Do You Need Business Insurance?

Protects against property damage or loss due to fire, theft, or disasters
Provides liability coverage for third-party injuries or damages
Covers employee-related risks like workers' compensation
Helps manage risks related to business interruptions or lawsuits

Types of Business Insurance

General Liability Insurance: Covers legal costs from third-party claims.
Property Insurance: Protects physical assets and inventory.
Workers’ Compensation Insurance: Covers employee injuries and medical expenses.
Business Interruption Insurance: Compensates for lost income during disruptions.
Professional Liability Insurance: Protects against negligence claims.

How to Choose the Right Business Insurance

Identify the specific risks your business faces
Compare policy coverage, limits, and premiums
Check insurer’s reputation and claim settlement record
Consider bundling policies for cost savings
Review exclusions and deductibles carefully

Benefits of Business Insurance

Financial protection from lawsuits and damages
Helps ensure business continuity during crises
Builds trust with clients and partners
Complies with legal and contractual requirements

Conclusion

Business insurance is a critical investment that shields your enterprise from potential financial threats. By selecting the right coverage, you can focus on growth with confidence, knowing your business is protected.

Protect your business today for a stronger tomorrow.