Industrial All Risks (IAR) Insurance offers broad and comprehensive protection for industrial and commercial enterprises under a single, all-inclusive policy. It is designed to simplify coverage by combining multiple risks under one plan, reducing the need for separate individual policies.

This policy provides “all risks” cover, ensuring protection against unforeseen physical loss or damage to the insured property, except for specifically excluded perils.

Key Highlights:

• Broad all risks coverage for industrial customers

• Two-part sectionalised policy structure, eliminating the need for multiple standalone policies

• Valuation (except for stock) is based on the Reinstatement Value basis, ensuring assets are covered for full replacement cost