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Rs. 3.45 Crore

Bag containing 13 Kg. Gold Ornament was cut and stolen whilst employees were travelling from Salem to Chennai via train.

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Rs. 2.78 Crore

Dishonestly done by old trusted employee who ran away with untrusted stock given for marketing..

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Rs. 1.82 Crore

Loss Occurred whilst there employees were travelling from Kanpur-Kashi jewellers to Varanasi. We have settled the full claim of Rs. 1,82,00,000 on market value basis.

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Rs. 1.53 Crore

There was a huge fire in their factory where by around 8 kg. Gold Dust was washed off and/or gold jewellery was stolen in process of extinguising fire by water.

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Rs. 1.36 Crore

Employee was coming to Mumbai from Varanasi. He was robbed by gun point in rikshaw at Varanasi Station.

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Rs. 1 Crore

There lucknow office staff were travelling from Meerut(UP) to Delhi by road with a arm gaurd via national highway. Suddenly a jeep ahead of them stopped and robbed them on gun point.

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Rs. 80 Lakhs

Theft / Lose of Gold Jewellery from Mr. Mukesh Singhavi while travelling in Bus from Bhilwara to Mumbai.

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Rs. 70 Lakhs

Their employee had collected gold bar from Vishal Chain Delhi and was coming to Mumbai in Rajdhani train at Kota railway station. He was forced to get down by a duty police officer and was taken to a lonely place and robbed.

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Transit

Employee came back from chandigarh by Air and her bag was snatched outside Airport.

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Theft

Salesmen went to make delivery but the customer misguided him, Snatched the bag and ran away.

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Shoplifting

Few people shoplifted jewellery pretending to be Customer.

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Cash in Transit

Employee was returning after cash collection. In crowd the bag was snatched and passed it over. Claim was solved as the cash was collected from a house hold customer as cash more than 20,000 cannot be collected from a Jeweller.

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Goldsmith

Goldsmith was robbed on gun point stable and looted. Where in the goldsmith does not pay any income tax and was also not maintaining vouchers.

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Logistics

They sent a parcel through Sequel Logistic to a client in Indore and parcel was stolen far Air India Cargo Department.

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Air Freight

They had sent a parcel via Air India by 5% declaration which was stolen, so 95% claim was paid by us.

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Angadia

Received a parcel from a wholsaler but were shocked when found powder instead of jewellery. The incident was captured in the cctv.

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Fidelity

A employee ran away with 25 Lac stock and then was cought but only 50% recovery was done rest was paid by us .

Year Area Firm Cause Place
Year Area Firm Cause Place

We thank Oriental Insurance Company and its new NEW MANAGEMENT for their positive and practical approach towards jewellery claims.


AGANGADIA
BURBURGLARY
CTCASH IN TRANSIT
EXBEXHIBITION
FGFIDELITY GUARANTEE
FIREFIRE
FLFLOOD LOSS
GSGOLDSMITH
HBHOUSE BREAKING
LTLOSS IN TRANSIT
MBMACHINERY BREAKING
PGPLATE GLASS
SLSHOPLIFTING
TFTTHEFT
TTTRANSIT