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