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Property All Risk

Unexpected and abrupt events are covered under the policy for insured properties.

By covering accidental physical loss or damage to the Property Insured while it is located at the premises specified in the policy, the Property All Risks Insurance Policy provides wider coverage than Fire and Allied Perils. Everything is covered, with the exception of the exclusions, which are mentioned in the policy wordings.

Under this insurance coverage, factories, power plants, building and office projects, including workshops, machinery, equipment, materials, commodities, fuel, warehouses, premises, or offices, may be covered.

Risk Covered

  • Fire
  • Lightning
  • Explosion
  • Aircraft, or other aerial devices or articles dropped there from Impact by vehicles, watercraft, locomotives or rolling stock
  • Earthquake
  • Riot
  • Strike
  • Civil commotion
  • Malicious damage
  • Busting or overflowing of water apparatus (including sprinkler leakage)
  • Impact by own vehicle
  • Theft or attempted theft (by violence to persons or threat thereof or by violent and forcible entry to or exit from the premises) and Accidental loss or damage

Preliminary Information Required

  • Value of Property
  • Level of safety and protections
  • Quality of construction of buildings