What is Industrial Insurance?
Industrial All Risks Insurance is a wider cover than traditional “Standard Fire and Special Peril Insurance policy”. It is an all risk policy covering a wide range of perils such as fire and allied perils, burglary, accidental damage, breakdown as well as business interruption.
Extensions :
- Architects, surveyors and consulting engineers fees
- Omissions to insure additions/alterations
- Temporary removal of stock Clause
- Debris Removal Clause
- Escalation Clause
- Earthquake
- Act of terrorism
- Other extensions are available under relevant sections.