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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

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

Material Damage All Risk cover including Standard Fire & special perils
Theft & Burglary
Machinery Breakdown Mechanical and Electrical Breakdown
Boiler explosion Explosion and implosion of boiler and pressure plants,
Business Interruption Loss of Profit due to Fire and Allied Perils
Electronic equipment insurance Breakdown and all risk coverage of electronic equipments.
Machinery Loss of Profit Loss of Profit or business interruption due to machinery breakdown
Faulty or defective design materials
Acts of fraud Acts of fraud or dishonesty
inventory shortage Disappearance unexplained or inventory shortage misfiling or misplacing of information shortage in supply or delivery of materials or shortage due to clerical or accounting error.
Coastal or river erosion
wilful negligence Any wilful act or wilful negligence on the part of the Insured or any person acting on his behalf
War invasion act of foreign enemy hostilities or warlike operations
Nuclear weapons material
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This is just an indicative list, kindly refer policy wordings for detailed information.


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