Telecommunication in India has seen an exponential growth in the last decade. The penetrations in urban markets have reached almost 100% with mobile phones. This is also because expansion and dependence on internet, wireless communication, broadband, cable TV, 2G, 3G and very soon into 4G. Correspondingly, the business operational risk has also increased with time and the need for an expert in identifying the risk and protecting the business with a broad based solution has become even more imperative.

Some inevitable risk faced by telecommunication sector

Telecommunication is investing in new technologies and services, which are taking them to newer territories. Companies have not only had to adhere to basic telephone laws but also to the growing cyber crimes liability.

Errors and omissions at switch site and at the core technology centre, which may result in a customer or a service provider doing legal case on the company.

The insurance solution should include:

  • Buildings - newly acquired and those under construction
  • Telecommunication property including equipment and valuable papers
  • Cell site property and property in the course of construction including tower antennas, fencing and earth stations
  • Underground and underwater communication lines including the installation
  • Overhead communication lines including installations
  • Mobile telecommunication equipment
  • Telecommunication assets, while in transit
  • Contractor's equipments
  • Employee's personal property
  • Money and receivables
  • Liabilities - general liability including bodily injury, property damage, railroad liability and automobile liability
  • Workmen compensation
  • Directors and officers liability
  • Special contingency liability - kidnap, ransom
  • Political risk - civil war, riot, strike

At Viskon, we analyze all the risks associated with your business and provide you the best possible insurance solution with best insurance company and policies that suit your need.

Feel free to Contact Us and meet our business experts who will help you ascertain the nature of risks you are exposed to and the best way to mitigate them.