{"uin":"IRDAN152CPLB0819V01202526","name":"Asset and Investment Management Insurance","url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526","insurer":{"slug":"zurich-kotak-general-insurance","name":"Zurich Kotak General Insurance Company (India) Limited","url":"https://indiainsurances.com/insurer/zurich-kotak-general-insurance"},"line":"general","category":"other-general","category_name":"Other general insurance","irdai_type":null,"kind":"product","status":"active","approved_on":null,"withdrawn_on":null,"summary":"Asset and Investment Management Insurance covers financial loss from claims against asset or fund managers and their insured persons for directors and officers liability, professional liability, and crime. Claims must be reported in writing as soon as reasonably practicable and no later than thirty (30) days after expiry of the Period of Insurance or within any Extended Reporting Period.","analysis":{"state":"machine","analysed_at":"2026-10-20 06:39:26.397566+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":"The documents describe insurance clauses and extensions, not named plan variants.","quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The wording defines Period of Insurance by reference to Item 1.3(a) of the Schedule, but the Schedule term is not provided in these clauses.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Claims must be reported to the insurer in writing as soon as reasonably practicable after a Responsible Officer first becomes aware of the Claim. Financial Loss must be reported in writing as soon as reasonably practicable after Discovery, and in all events no later than thirty (30) days after expiry of the Period of Insurance or within the Extended Reporting Period, if applicable.","display":"In writing as soon as reasonably practicable; in all events no later than thirty (30) days after expiry of the Period of Insurance or within the Extended Reporting Period, if applicable","note":null,"quote":"The Insurer shall only be liable under this Policy for Claims that have been reported to the Insurer in writing as soon as reasonably practicable after a Responsible Officer first becomes aware of such Claim, or for Financial Loss that has been reported to the Insurer in writing as soon as reasonably practicable after Discovery, and in all events no later than thirty (30) days after the expiry of the Period of Insurance or within the Extended Reporting Period (if applicable).","sources":[{"clause":"6.1.1","heading":"The Insurer shall only be liable under this Policy for Claims that have been reported","page":50,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-6-1-1"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["a description of the Claim","the nature of the alleged or potential Financial Loss","the details of the actual or potential claimants","details of the actual or potential damage, loss or expenses","details of the perils, fraud, acts or events, of the actors or perpetrators","full details and justification of the corrective actions to be undertaken and the costs, expenses or loss to be incurred","the date and manner in which the Insured first became aware of the Claim or in which the Company first Discovered such Financial Loss","proof of Financial Loss","documentary evidence within the possession, custody or control of the Insured"],"display":"Claim description, nature of Financial Loss, claimant and loss details, peril/actor details, corrective action justification, date and manner first known, proof of Financial Loss and documentary evidence","note":null,"quote":"Written notice under this section shall include, but not be limited to, a description of the Claim, the nature of the alleged or potential Financial Loss, the details of the actual or potential claimants, details of the actual or potential damage, loss or expenses, details of the perils, fraud, acts or events, of the actors or perpetrators, full details and justification of the corrective actions to be undertaken and the costs, expenses or loss to be incurred in relation to Loss Mitigation or a Correction Event as provided under extensions 2.2 and 2.20, and the date and manner in which the Insured first became aware of the Claim or in which the Company first Discovered such Financial Loss. ... The proof of Financial Loss shall set out the basis on which the Insured reasonably believes that the Financial Loss is covered under this Policy and shall include any and all documentary evidence within the possession, custody or control of the Insured as is reasonably necessary to support that belief.","sources":[{"clause":"6.1.1","heading":"The Insurer shall only be liable under this Policy for Claims that have been reported","page":50,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-6-1-1"},{"clause":"6.3","heading":"Proof of Loss","page":52,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-6-3"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"No promised time for deciding or paying a claim was found in the provided clauses.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Prior and Pending Knowledge, Claims or Notifications and Prior Discovery","Conduct","Bodily Injury and Property Damage","Money Laundering or Related Financial Crime","Company / Outside Entity vs. Insured","Assumed Liability, Guarantee, Warranty","Market abuse","Fees, Commissions, or Other Compensation","Insolvency","Insured vs. Insured","Intellectual Property","Business Risk","Diminution in Value","Investment Banking","Uncontrollable events"],"display":"Prior and pending matters, conduct, bodily injury and property damage, money laundering, company/outside entity vs insured, assumed liability/guarantee/warranty, market abuse, fees/commissions, insolvency, insured vs insured, intellectual property, business risk, diminution in value, investment banking, uncontrollable events","note":null,"quote":"5.1 Prior and Pending Knowledge, Claims or Notifications and Prior Discovery ... 5.2 Conduct ... 5.3 Bodily Injury and Property Damage ... 5.4 Money Laundering or Related Financial Crime ... Company / Outside Entity vs. Insured ... 5.6 Assumed Liability, Guarantee, Warranty ... 5.7 Market abuse ... 5.8 Fees, Commissions, or Other Compensation ... 5.9 Insolvency ... Insured vs. Insured ... 5.11 Intellectual Property ... 5.12 Business Risk ... 5.13 Diminution in Value ... 5.14 Investment Banking ... 5.16 Uncontrollable events","sources":[{"clause":"5.1","heading":"Prior and Pending Knowledge, Claims or Notifications and Prior Discovery","page":41,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-1"},{"clause":"5.2","heading":"Conduct","page":42,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-2"},{"clause":"5.3","heading":"Bodily Injury and Property Damage","page":42,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-3"},{"clause":"5.4","heading":"Money Laundering or Related Financial Crime","page":43,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-4"},{"clause":"5.5","heading":null,"page":43,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-5"},{"clause":"5.6","heading":"Assumed Liability, Guarantee, Warranty","page":44,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-6"},{"clause":"5.7","heading":"Market abuse","page":44,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-7"},{"clause":"5.8","heading":"Fees, Commissions, or Other Compensation","page":44,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-8"},{"clause":"5.9","heading":"Insolvency","page":44,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-9"},{"clause":"5.10","heading":null,"page":44,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-10"},{"clause":"5.11","heading":"Intellectual Property","page":45,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-11"},{"clause":"5.12","heading":"Business Risk","page":45,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-12"},{"clause":"5.13","heading":"Diminution in Value","page":45,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-13"},{"clause":"5.14","heading":"Investment Banking","page":46,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-14"},{"clause":"5.16","heading":"Uncontrollable events","page":47,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-5-16"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"For a query or grievance, contact the insurer’s branch office, call 1800 2120, or email care@zurichkotak.com. If not satisfied, contact grievanceofficer@zurichkotak.com, then seniorgrievanceofficer@ zurichkotak.com/ chiefgrievanceofficer@zurichkotak.com before approaching IRDAI or the Insurance Ombudsman.","display":"Branch office / 1800 2120 / care@zurichkotak.com, then grievanceofficer@zurichkotak.com, then seniorgrievanceofficer@ zurichkotak.com / chiefgrievanceofficer@zurichkotak.com","note":null,"quote":"For resolution of any query or grievance, Insured may contact the respective branch office of the Insurer or may call toll free number 1800 2120 or may write an e- mail at care@zurichkotak.com. In case the Insured is not satisfied with the response, Insured may contact the Grievance Officer of the Insurer at grievanceofficer@zurichkotak.com. In case if the Insured is not satisfied with the solution the Grievance Officer has provided, Insured can write to seniorgrievanceofficer@ zurichkotak.com/ chiefgrievanceofficer@zurichkotak.com.","sources":[{"clause":"8","heading":"Grievance Mechanisms","page":61,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-8"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["Claim made against such Insured Person for a Wrongful Managerial Act","Claim made against the Insured by, on behalf of or for the benefit of a third party client of an Insured seeking compensation for a Wrongful Professional Act","Claim made against an Insured Person for a Wrongful Managerial Act","Claim made against the Insured by, on behalf of or for the benefit of a third party client of any Insured seeking compensation for a Wrongful Professional Act","Wrongful Dishonest Act of an Employee","Wrongful Criminal Act committed or caused by a third party"],"display":"Directors and officers liability, professional liability, fund directors and officers liability, fund professional liability, and crime losses from employee dishonest acts or third-party criminal acts","note":"Extensions are subject to the terms, conditions, exclusions and limitations of the Policy.","quote":"The Insurer shall pay to or on behalf of an Insured Person the Financial Loss that arises from a Claim made against such Insured Person for a Wrongful Managerial Act ... The Insurer shall indemnify the Insured for Financial Loss resulting directly from a Claim made against the Insured by, on behalf of or for the benefit of a third party client of an Insured seeking compensation for a Wrongful Professional Act ... The Insurer shall pay to or on behalf of an Insured Person the Financial Loss that arises from a Claim made against such Insured Person for a Wrongful Managerial Act ... The Insurer shall indemnify the Insured for Financial Loss resulting directly from a Claim made against the Insured by, on behalf of or for the benefit of a third party client of any Insured seeking compensation for a Wrongful Professional Act ... The Insurer shall indemnify the Insured for Financial Loss which results directly from a Wrongful Dishonest Act of an Employee, including any person acting in collusion with such Employee, or from a Wrongful Criminal Act committed or caused by a third party. ... These extensions are subject to all the terms, conditions, exclusions and limitations of the Policy.","sources":[{"clause":"1.1.1","heading":"Directors & Officers Liability","page":2,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-1-1-1"},{"clause":"1.1.2","heading":"Professional Liability","page":2,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-1-1-2"},{"clause":"1.2.1","heading":"Directors & Officers Liability","page":2,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-1-2-1"},{"clause":"1.2.2","heading":"Professional Liability","page":2,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-1-2-2"},{"clause":"1.3","heading":"Crime","page":3,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-1-3"},{"clause":null,"heading":"Extension of covers","page":1,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18450#c-extension-of-covers"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-stated","value":null,"display":null,"note":"The wording refers to the applicable Retention specified in the Schedule, but no Schedule amount is provided in these clauses.","quote":null,"sources":[],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"The Policyholder may cancel during the Period of Insurance by giving ninety (90) days written notice before the effective cancellation date. The Policyholder cannot cancel if any Claim, Financial Loss or circumstances have been reported; if cancelled, the insurer retains the pro rata earned premium plus ten per cent (10%) of total premium, and cancellation is not allowed during an elected Extended Reporting Period.","display":"Ninety (90) days written notice; insurer retains pro rata earned premium plus ten per cent (10%) of total premium","note":null,"quote":"This Policy may be cancelled by the Policyholder during the Period of Insurance on behalf of all Insured at any time during the Period of Insurance provided the Policyholder provides the Insurer with ninety (90) days written notice prior to the effective date of such cancellation of the Policyholder’s intent to cancel this Policy. The Policyholder shall not have the right to cancel this Policy if any Claim, Financial Loss or circumstances have been reported under this Policy prior to the date of cancellation. If this Policy shall be cancelled by the Policyholder, the Insurer shall retain the pro rata portion of the earned premium plus ten per cent (10%) of the total premium for the Policy. This Policy may not be cancelled by the Policyholder during the Extended Reporting Period, once elected.","sources":[{"clause":"7.6","heading":"Cancellation","page":57,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-7-6"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"not-stated","value":null,"display":null,"note":"The territorial scope is stated only as the Territorial Scope specified in the Schedule; the Schedule is not provided in these clauses.","quote":null,"sources":[],"law":[]},{"key":"subject_covered","label":"What is insured","section":"Cover","meaning":"The thing or risk this policy covers.","status":"quote-verified","value":"The product is liability insurance for professionals and firms involved in managing investment funds and assets on behalf of clients. It covers Financial Loss resulting directly from Claims, Investigations, Loss Mitigation or other Extensions first occurring during the Period of Insurance or Extended Reporting Period, subject to notification requirements.","display":"Financial Loss from asset and investment management liabilities, including claims/investigations and covered extensions during the Period of Insurance or Extended Reporting Period","note":null,"quote":"Asset and investment management insurance, also known as Investment Management Insurance (IMI), is a form of liability insurance specifically designed for professionals and firms involved in managing investment funds and assets on behalf of clients. ... coverage under this Policy is afforded solely for (A) Financial Loss resulting directly from Claims first made against the Insured, or Investigations, Loss Mitigation or other Extensions of Cover first occurring, during the Period of Insurance or the Extended Reporting Period (if applicable), and (B) Financial Loss first sustained by the Company and where Discovery first occurs during the Period of Insurance or the Extended Reporting Period (if applicable), and provided such Claim or Financial Loss is notified to the Insurer as required by Section 6 of this Policy:","sources":[{"clause":null,"heading":"Introduction","page":1,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18450#c-introduction"},{"clause":null,"heading":"Table of Contents","page":1,"url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522#c-table-of-contents"}],"law":[]}],"documents":[{"kind":"wording","label":"Asset and Investment Management Insurance- UIN (IRDAN152CPLB0819V01202526)- Endorsement Wordings","pages":24,"fetched_at":"2026-10-17 20:26:57+00","source_url":"https://cms.zurichkotak.com/uploads/Endorsement_Wordings_AIMI_d7d8a6ad0f.pdf","url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18520"},{"kind":"wording","label":"Asset and Investment Management Insurance- UIN (IRDAN152CPLB0819V01202526)","pages":66,"fetched_at":"2026-10-17 20:26:53+00","source_url":"https://cms.zurichkotak.com/uploads/Asset_and_Investment_Management_Insurance_Policy_Wordings_a022acbf1f.pdf","url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18522"},{"kind":"prospectus","label":"Asset and Investment Management Insurance- UIN (IRDAN152CPLB0819V01202526)","pages":6,"fetched_at":"2026-10-17 20:23:24+00","source_url":"https://cms.zurichkotak.com/uploads/Prospectus_AIMI_db52f59881_68c40c5d56.pdf","url":"https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526/document/18450"}],"versions":[],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"Zurich Kotak General Insurance ( ) official website","url":"https://www.zurichkotak.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claims","url":"https://www.zurichkotak.com/services/claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal process","url":"https://www.zurichkotak.com/customer-support/grievance-redressal-process","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Renewals","url":"https://www.zurichkotak.com/renewal","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Asset and Investment Management Insurance (UIN IRDAN152CPLB0819V01202526), IndiaInsurances, https://indiainsurances.com/policy/zurich-kotak-general-insurance/asset-and-investment-management-insurance-irdan152cplb0819v01202526"}