Fire and its consequent losses pose a constant threat to businesses, and their unpredictable nature makes prevention challenging. While predicting fires may be impossible, taking proactive steps to prevent them is crucial. Businesses of all sizes are vulnerable to dramatic and unexpected circumstances that can severely disrupt or even ruin operations.
In light of these potential challenges, obtaining property insurance for your business is not just prudent – it's compelling. Fire insurance provides a safety net that covers a wide range of risks, including the possibility of a complete shutdown. By safeguarding your business against the financial repercussions of fire-related incidents, you can ensure continuity and peace of mind in the face of the unexpected.
Industrial All Risk Policy is an exclusion based package policy without any named perils. In this policy specific exclusions are incorporated with reference to the operating perils and properties.
All industrial risks having overall Sum Insured of Rs.50 crores and above in one or more locations in India shall be eligible for Industrial All Risks Policy
This is just an indicative list, kindly refer policy wordings for detailed information.
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