Royal Sundaram, India's first private non-life insurance company,is backed by Sundaram Finance, India's leading financial services company and Royal & SunAlliance, UK. Royal Sundaram aims at providing quality insurance packages specially customised for the rural and social sectors - with a vision to be India's 'First Choice' General Insurer.

The functioning of key equipment and availability of resources are critical for a farmer's success. Kisan Pump Shield aims at providing cover in the event of loss or damage to pumpsets.

It is a comprehensive cover, covering loss of or damage to pumpsets due to fire & allied perils including riot, strike, malicious damage, terrorism, storm, cyclone and flood & inundation.

It also covers loss of pumpset by burglary.

The unique advantage is the reimbursement of actual expenses incurred due to mechanical/electrical breakdown including coil burn.

Premium: Attractive premium rates at 2% on the sum insured.

In case damage to an insured item can be repaired, the company will pay the expenses necessarily incurred to restore the damaged machine to its former state of serviceability.

In case of total loss, claims will be paid subject to depreciation of 5% per year. Maximum depreciation would be 50% of erection value.

Royal Sundaram will make payments on production of necessary bills and documents to confirm that the repairs have been effected or replacements have taken place, as the case may be.