OURREF:HO:FIRE& ENGG:2016:2 February15,2016

All RegionalIn-charges

Re: Revision in STFI Rates

This has referenceto our circularref.no.Ho:FTD:3:12 2 0n cAT peril rates.

dt.27.03.201
NoW it has been decidedto revisethe STFI ratesboth for Fire and Engineeringpoliciesas
below:

Sr.no Occupancy Existing Revised

Ratesper rates per
mille mille
1 Dwellings 0 . 0 5t o 0 . 1 0 0.075
2 Nonlndustriial - Hotels,shopsas perSecIll of 0 . 0 7 5t o 0 . 1 5 0.1125
erstwhiletariff
3 Industrial
including utilitieslocatedoutslOetfre 0.125to 0.20 0 . 1 8 57
Manufacturing risksandtankfarms/ gas holders
as perSectionlV V andVll of erstwhile tariff
4 Standalone storage(outsidemanufacturing
premises) SectionVl of erstwhile tariff
a) In Godown 0 . 1 2 5t o 0 . 1 5 0 . 18 7 5
b) On Open 0 . 7 5t o 1 . 0 0 1 . 1 2 5
5 Engineering policies- EAR/CAR/ Cp,lvt/EEl 0.15 0.225
(AnnualRates)
The aboveare the minimumratesto are freeto loadthe
rate basedon the individualrisk featuresand claimsexperienCe. The aboverateswill be
applicablefor all policiesboth fresh and renewalfallingdue on or after 1't March2016.
No
preponementof the policiesare allowed.

Pleaseacknowledgeand adviseall your operatingofficesaccordinglyand ensurecompliance

of the above undenruriting
instructions.

cc to : 1. TechnoMarketingDept.
2.lT Dept.for doingthe needful