HDFC ERGO Neon Sign Insurance Policy

Neon Sign Insurance Policy

Advertisement and Publicity have become an integral part of business and trading.

Advertisement by way of Neon Sign hoarding occupies a very important place in this respect. However, such signs are located in Public places and are exposed to loss or damage arising out of fire, natural perils, riot or strike, arson and the like due to their location and prominence.

This policy covers Neon Sign against loss or damage due to fire, theft or fortuitous events.

Policy provides coverage against loss or damage to Neon Sign by:

  • Accidental external means, or
  • Fire and/or lightning, external explosion, theft, or
  • Malicious act

Policy also provides cover against legal liability for death of or bodily injury to any person or damage to property of third party caused by the Neon Sign including claimant’s law costs incurred with its consent.

For a additional premium, the policy can be extended to cover the risk of terrorism.

Sum Insured shall be on Reinstatement Value basis

The policy does not cover loss and/or damage due to

  • Contractual Liability
  • Any consequential loss
  • Convulsions of nature like flood, hurricane, tornado, volcanic eruption, earthquake
  • War and allied perils
  • Riot and Strike
  • War and warlike perils
  • Ionizing radiation or contamination by radioactivity, Nuclear Weapon material