Industrial All Risks
The Industrial All Risks (IAR) Insurance policy is designed to cover large manufacturing industrial risks with wider and more complex exposures that traditional Fire and Allied Insurance policies could not easily cater to. The policy is designed as a multi-line product to offer the clients the option to choose amongst various sections.
Section I – Material Damage
- Fire & All special perils
- Burglary
- Machinery Breakdown
- Boiler Explosion
- Electronic Equipment Insurance
Section II - Business Interruption
- Following Fire & All Special Perils – Compulsory
- Following Machinery Breakdown / Boiler Explosion / Electronic Equipment - Optional