If you’re a small business owner or, someone running a medium enterprise then know that we are absolutely grateful to you for being such an important backbone of our country’s economy!

After all, did you know SMEs like yours consequently contribute to 40% of India’s industrial output and help create one million jobs every year? Truly, it is the small ripples that make an ocean! 

We understand that small businesses are not always easy to run and are essentially built on the idea of what you believe in and, many times as a means to bridge financial gaps.

More often than not, most SMEs like yours are founded through years of savings and run primarily through the money solely generated through the business.

Whether you’re running a small manufacturing center, an independent store, a coaching center or an online stationery brand, a bakery or a tiles showroom; like every business – your enterprise too is susceptible to different risks and losses and an insurance helps protect your business through just that!

However, choosing the right insurance can get confusing and cumbersome with the amount of information and options available.

Staying true to our value of making insurance simple for people, we’ve recently launched an online consultant tool, the SME buddy to help you make this decision in the simplest way possible! 

Every business is different, and we understand that! The SME buddy is a consultant tool in which SMEs like you can enter their details such as the industry you’re part of, the kind of assets you hold, and other resources part of your business.

Based on this, the SME Buddy tool will  suggest the kind of insurance coverage that will suit you and your business the best. As the name suggests, consider it as your buddy, best friend who’s only going to advise you on what is best for you! 

• It will help you understand SME insurance: Before you buy anything, you will always evaluate your choices and try and understand the product and its features before making your decision. Right? Now, unfortunately insurance can often be perceived as complicated for many. This SME buddy tool will help simplify it for you, by giving you all the information YOU need for YOUR business. Post entering your venture’s details, the tool helps you with relevant information such as the kind of insurance coverage a business likes yours will need, which will consequently help you in your decision-making process.
  
• Understand the kind of benefits that will benefit you: Basis the information you enter, the SME buddy tool will recommend the kind of coverage you should go for, highlighting the benefits that would make sense for your business. This will help you understand the kind of benefits a SME insurance can provide and how you can customize your SME insurance to suit your needs.
  
• Make the right financial decision: When you run a business, everything must make financial sense, isn’t it? One of the biggest deciding factors whilst buying something like a SME insurance is ultimately the amount you have to invest in your annual premium. The SME buddy tool will help you understand how much of an investment you will need to make for different coverages. Whether you want to go for a minimal cover or a cover as comprehensive as 1 crore. This SME buddy tool will help you evaluate it all to make the right financial decision!