LOLC General Insurance Suraki Piyasa is a product that provides customers the chance to obtain a policy for a selected value instead of insuring for the full value of the property. As a result, customers need not pay the premium based on the total value of the asset. Instead, they could select the insurance cover they need based on values ranging from Rs. 1,000,000 to Rs. 3,000,000 and pay their premiums accordingly
Key Features of LOLC Suraki Piyasa
| LOLC Suraki Piyasa Insurance Plans | ||||
| Plan I (Rs.) | Plan II (Rs.) | Plan III (Rs.) | ||
| Building including permanent fixtures, Fittings, Parapet wall & Gate | 3,000,000 | 2,000,000 | 1,000,000 | |
|---|---|---|---|---|
| Furniture & Household Goods | 750,000 | 500,000 | 250,000 | |
| Free Extra Covers | ||||
| Electrical short circuiting cover | 50,000 | 30,000 | 15,000 | |
| Burglary involving forcible and violent entry/Exit( for contents) Only | 50,000 | 30,000 | 15,000 | |
| Removal of debris due to an insured peril | 50,000 | 30,000 | 15,000 | |
| Professional fees for reinstating the building | 50,000 | 30,000 | 15,000 | |
| Previous Premium | 8,519 | 5,719 | 2,918 | |
| New Premium | 10,893.12 | 7,377.08 | 3,861.04 | |