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Har Business ka Protection, Ek click pe!

Plans crafted around real‑world threats your business faces.

68 Lakh+

Policies issued*

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One of the market leaders#

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Quick policy
issuance

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24X7 claim support

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Customised policies, as per
business

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What is Business insurance?

Business insurance is a protective solution that helps organisations manage financial risks arising from unforeseen covered events. It offers coverage against incidents such as fire, theft, natural calamities, third party liabilities, and employee-related risks.



By selecting the right cover, companies can mitigate financial risk, safeguard essential assets, and maintain stability.

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Importance of Business Insurance for SMEs

Types of Business Insurance

Here are the key types of corporate insurance that most businesses rely on:

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Fire Insurance

Covers losses or damage to business property caused by fire-related incidents. 

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Marine Insurance

Protects goods while they are in transit by road, rail, air, or sea. 

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Workmen Compensation Insurance

Covers statutory liabilities and employee injuries that occur in the workplace. 

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Cyber Insurance

Offers protection against cyber-attacks, data breaches, and digital risks. 

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Group Health Insurance

Provides healthcare cover for employees.

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Liability Insurance

Covers the insured from claims due to injury or damage to people or property.

Why choose ICICI Lombard Insurance

We at ICICI Lombard offer dependable protection and support with customer focused approach.


With a wide range of flexible products suitable for various industries, ICICI Lombard offers extensive coverage based on various insurance needs that helps mitigate risks.

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Features and Benefits of Commercial Insurance

Business insurance provides several important advantages for businesses:

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Coverage for business property, assets, employees, and operations.

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Coverage for events such as fire, theft, natural calamities, and accidental damage.

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Liability protection for third party injuries or property damage.

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Employee cover options including health, workplace injury, and occupational risks.

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Seamless claims process supported by dedicated assistance for resolution.

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Customisable policies designed to suit the size and nature of the business.

Who should buy Business Insurance?

Business insurance is suitable for any business that aims to mitigate financial risk in case of occurrence of covered events. This includes:

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Small enterprises

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Medium sized businesses

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Large corporations

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Startups

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Retail shops

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Manufacturing units

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Home based businesses

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Service providers

Pro Tip

It helps mitigate financial risk caused by accidents, natural calamities, liabilities, and other unforeseen covered events, allowing businesses to remain stable and focus on long term growth.

Hear from us

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We truly applaud all MSMEs for taking risks and making breakthroughs. #SalaamMSME for the contribution! Watch this video to know how to secure your business risks.

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Applaud companies that prioritize employee health. Hear heartfelt stories and see how ICICI Lombard’s Group Health Insurance created healthier workplaces, empowers organizations and prioritizes well-being.

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Discover resilience with our Marine Insurance! Watch our customer testimonies of triumphs who chose ICICI Lombard’s marine insurance to protect their ventures and keep the cargos safe breakthroughs.

Blogs on Business Insurance

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Brief overview of Marine Insurance market in India

Read More
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7 tips for choosing Health Insurance for your small business

Read More
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4 reasons why business firms require Employee's Compensation Policy

Read More
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5 reasons to choose ICICI Lombard for Employee's Compensation Policy

Read More

Frequently Asked Questions

1.Can I get business insurance if I have a history of claims or losses?
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Yes, you can. Insurers will review your previous claims and overall risk profile before confirming the premium.

2. Will my business insurance cover all types of liability?
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Not all policies include every form of liability. Basic policies often cover third party liability, while specialised covers like cyber or professional liability may need additional add ons.

3.What happens if my business insurance policy lapses?
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Your business will not be covered during the lapse period.

4.Can I purchase business insurance online?
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Yes, many insurers offer online purchase options with processing and policy issuance.

5.How many types of business insurance are there?
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There are several types including fire, marine, liability, property, group health, cyber, and workmen compensation insurance.

6.What is included in business insurance
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The coverage depends on the policy chosen , business insurance typically covers property, assets, employees, legal liabilities, and operational risks etc .

7.How do I insure a startup business?
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Identify essential risks, check coverage , and compare policies to find a suitable policy for your startup.

8.Why is business insurance important in India?
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Business insurance is important in India because it protects organisations from covered risks that can affect long term business continuity.

Why Businesses Trust Us

Awards and Accolades

Disclaimer
  • * Based on the analysis from April 2020 to March 2025. Products considered are Fire, Engineering, Marine, Corporate Health & Personal Accident, Liability & Employee's compensation insurance

  • ^ Numbers are for FY 2024-25 for Commercial lines of business, this includes claims paid and repudiated

  • #As on April FY 2025-26 Source : General Insurance Council

 

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