Business All Risk

What it is

What is Industrial All Risks Insurance?

This is a comprehensive packaged policy providing cover against material damage and business interruption of a business enterprise. This policy provides cover against all risks/perils other than those which are specifically excluded in the policy.

What's in it for you?

Coverage is defined into two sections as follows:

• Section 1: Material Damage - It covers accidental physical loss or damage (including machinery breakdown) to the property insured due to any cause (other than excluded causes).

• Section 2: Business Interruption - It covers loss due to business interruption following a physical loss or damage to the property covered under the material damage section of the policy.