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Industrial All Risks Insurance has now been promoted to replace the Fire Insurance because of its comprehensive coverages. The policy does not describe what it covers; rather it covers whatever not specifically excluded under the policy.

Generally, the policy covers "all risks" of physical loss or damage (ABI Form) to the property insured against external causes of accident, including but not limited to fire, lightning, aircraft, explosion, earthquake, windstorm, flood, bursting and overflowing of water tanks apparatus or pipes, water damage, accidental sprinkler leakage, impact by road vehicles including own vehicle, riot and strikes, malicious acts, smoke, electrical injury, bush fire, spontaneous combustion, accidental loss or damage, burglary, robbery, theft with forced entry or exit.

Whether your occupancy is a private dwelling, a commercial building, or an industrial complex, we can design an extensive insurance arrangement.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Occupancy
• Property Details
• Total Sum Insured

Business Interruption Insurance will indemnify the Insured against loss of gross revenue/gross profit/standing charges and/or increased cost of working arising as a result of damage to the insured's premises/property from any peril insured by the underlying Industrial All Risks Policy.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Basis to be Insured (Gross Revenue/Gross Profits/Standing Charges)
• Total Sum Insured
• Indemnity Period* (No. of months)

*The period during which the results of the business are affected in consequence of the accident. This is the period in respect of which losses are indemnified under this policy.

Leasehold Insurance will indemnify the Insured for the loss of advanced lease value resulting from termination of property lease contract, due to a constructive total or partial loss over 50% of the property leased caused by fire, windstorm, explosion, earthquake, aircraft, such that the property is declared unusable.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Leasehold Contract Details
• Total Sum Insured
• Beneficiary

Terrorism Insurance protects the Insured’s buildings, contents, earnings against physical loss or damage by an act of terrorism occurring during the period of the policy.

For the purpose of this Insurance, an act of terrorism means an act, including the use of force or violence, of any person or group(s) of persons, whether acting alone or on behalf of or in connection with any organization(s), committed for political, religious or ideological purposes, including the intention to influence any government and/or to put the public in fear for such purposes.

Coverage is available, whether it is a commercial building/unit, industrial complex or during construction period.

Preliminary Information Required

• Insured Name
• Insured Business
• Insured Location
• Property Details
• Total Sum Insured
• Estimated Annual Gross Profits/Earnings
• Indemnity Period