Whether coverage of insurance is Centralized or decentralized?
Except Marine Policy above 80 Kms, all other insurance coverage are decentralized.

Basis of finalization of Insurance Co. with whom insurance is covered?
At the beginning of the each cotton season Tenders are invited from the insurance companies those who are members of IRDA by giving Tender Notice on our website.

Quantum of coverage of Insurance?
All type of stocks lying in factories, godowns etc. are fully covered by taking short-term policies.

What is the procedure of settlement of the claim?
In case of any fire accident, immediately fire brigade and police authorities are informed regarding the incident. Insurance Company is  also informed to depute the surveyor. After verifying the records / stocks by the Surveyor, claim is settled and claim is lodged with the Insurance Co.