Industrial All Risk Policy

Industrial All Risk Policy

This policy is meant for large industries. All necessary coverages are provided in single policy product

  • All Risks are covered – a comprehensive cover offering protection against physical loss or damage due to any fortuitous, accidental cause –suitable for major industrial risks – with assets above INR 100 Cr
  • All Risks such as Fire, Natural calamities, Machinery Break Down, Burglary, Boiler Explosion etc. are covered subject only to a few specific named exclusions
  • Properties situated in various locations under same ownership can be covered under one single policy
  • All kinds of stock i.e. raw materials, semi- finished goods, stock in process, finished goods etc., can be covered as a separate item
  • Loss due to business interruption quantified as loss of gross profit are covered- business interruption to have occurred due to an insured peril under the policy
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