Financial Statement for Year Ended 30th June 2017

News Financial Statement for Year Ended 30th June 2017

Learn More

Latest Vacancies

News

There are currently no positions available. We thank you for your interest.

However, if you would like to send us your resume so that we can keep you in mind for future positions, please fill in the resumé form.

  • property 1
  • property 2
  • property 3

Property

Property

MEI offers market insight and technical expertise with the objective of providing a personalized service to its clients.

MEI has specialized property expertise in every business and industry which are of relevance to its clients. Our professionals work closely with clients to identify the full spectrum of their business's property exposures and to provide the solutions that help them to avoid, prevent or mitigate their risk. Key highlights include:

  • Broad coverage for damage to your building and any permanent structures on the property (unless the cause of the damage is specifically excluded in your policy)
  • Damage to machinery equipment and other contents due to causes specified in your policy
  • Various extensions available so that to meet your requirements

Related Products

Business Interruption

Business Interruption

Business Interruption / Loss of Profits / Revenue cover operates in conjunction with the Fire policy to cover loss of profits as a result of the interruption of the insured's business caused by a peril insured under Fire and Allied Perils Policy.

Business Interruption / Loss of Profits / Revenue also covers the additional costs incurred by the Insured to minimize the loss indemnifiable under the policy.

Fire & Allied Perils

Fire & Allied Perils

Fire & Allied Perils Policy (Personal)basic policy covers loss or damage to the Insured property caused by Fire, Lighting and Explosion.

There are several extensions available covering additional risks such as Earthquake, Cyclone, Flood, Water Damage, Impact, Aircraft, Malicious Damage, Riots, Strikes or Civil Commotion.

Fire & Special Perils

Fire & Special Perils

Fire & Special Perils policy insures your business (office, shops, manufacturing units, etc) against damage, loss or destruction of property caused by the following perils :

  • Fire
  • Explosion
  • Aircraft
  • Earthquake or Volcanic eruption
  • Cyclone
  • Flood
  • Escape of water from any tank, apparatus or pipes
  • Impact by any road vehicle or animal
  • Burglary


Loss of Rent

Loss of Rent

Loss of Rent cover can be granted as an extension under the Fire policy.

Loss of Rent cover indemnifies the Insured for the loss of rent following loss or damage to the rented premises caused by an insured peril under the said policy.

All Risks Cover

All Risks Cover

"All Risks" Policy has been devised for the insurance of specified valuables such as jewellery, furs, cameras, binoculars and sports gear. All Risks Cover provides protection in respect of such articles against loss, damage or destruction by fire, theft, accident or any misfortune not specifically excluded, and may be extended to include cover on wearing apparel and luggage.


It is desirable that the values of all specified items be established at the time of making the proposal - Invoices or valuations should therefore be provided.


Amateur Golfer's

Amateur Golfer's

Amateur Golfer's Insurance is a comprehensive cover designed for amateur golfers which includes inter alia:

  • a section covering the Legal liability to pay compensation to any person for personal injury or damage to property caused by the golfer whilst playing or practising golf on any Golf Course,
  • accidental breakage of clubs in the course of actual play,
  • indemnification of the Insured in respect of any Golf equipment (including clubs and bags) lost or damaged by fire, lightning, explosion or theft, whilst in any Club House or whilst anywhere within the territorial limits,
  • a personal accident cover inclusive of death, permanent disablement or medical expenses following accidental bodily injury sustained on any recognised golf course.
  • indemnification of the Insured in respect of expenses incurred by him in the event of the latter completing any hole on a standard golf course in a game with one stroke (gross).


Banker's Blanket

Banker's Blanket

Banker's Blanket Policy is an insurance policy for financial institutions.

The policy provides cover in respect of infidelity of employees, loss of property while such property is within any of the assured's premises or in transit, loss resulting directly from forgery or alteration, counterfeit currencies, money in premises or in transit and other risks to which financial institutions are exposed.

Bond

Bond

Bond is a written declaration by the surety, the insurer, to guarantee the obligations assumed by a contractor under a contract towards his obligee, the principal or employer. Such surety bonds are issued in connection with construction or erection contract works.

Tender Bond

Tender Bond guarantees the tender bid amount of the tenderer while bidding for a contract.

Performance Bond

Performance Bond guarantees the due completion of a contract. Usually performance bonds are required for 10% of the contract value and it is only issued in conjunction with the policy covering the contract works.

Fidelity Guarantee

Fidelity Guarantee

Fidelity Guarantee policy insures against loss of money or goods belonging to you as the insured due to infidelity or dishonesty of your employees.

Goods in Transit

Goods in Transit

When goods of high value are being transported, it is advisable to avail oneself of a Goods in Transit policy as recovery rights, if any, against the transporter, are long drawn and ligitation is expensive.

The policy covers loss or damage to the goods arising out of fire or accident to the vehicle in which goods are being carried due to any reason. The policy besides covering 'Road risks' also covers loss or damage due to theft, pilferage, accidental damage. The cover is operative right from loading of the goods until discharged at destination.

Machinery All Risks

Machinery All Risks

Machinery All Risks policy covers the contractor's plant, equipment and machinery against all risks other than those specifically excluded by the Policy.

Money

Money

Money insurance insures money in the course of transit or while it is kept in the office safe. The policy is useful for commercial organisations.

Contingency

Contingency

Special Contingency Policy is designed to cover the risk which is of a particular nature such as fashion shows, hole in one competitions, prize winning events, cancellation of events.