Industrial All Risks (IAR) is a comprehensive insurance policy that incorporates Fire, Fire Loss of Profit, Theft and Accidental damage covers. It is subdivided it two sections and it covers all risks not excluded by the policy.

• Section A of the policy covers material damage to insured assets e.g Buildings, Stocks, Plant and Machinery, Office contents, furniture and fittings etc...
• Section B of the policy covers loss of profits or income caused by interruption of the business by a material damage loss under section A provided the material damage loss is admissible under the policy. Cover is provided under headings; Gross profit, Wages, Auditors fees & Increased cost of workings.

The policy is suitable for large establishments and once taken, there will be no need of taking out Fire and Fire Consequential Loss Policies as well as Burglary.

Suitable for industries A combined property and business interruption policy suitable for industrial establishments.

All in one: wide coverage being an All-Risks- Cover

Designed for Bigger Businesses: We've made this with larger operations in mind. Get the protection you need, all in one go. 

Clear and Simple: Our goal is to keep things straightforward. We'll tell you what's not covered, so there are no surprises.

No. Money, cheques, stamps, bonds, credit cards, securities of any description, jewelry, precious stones, and precious metals are not covered.

A higher deductible will attract a higher discount on the premium.

If a loss was caused by a peril that is not insured under material damage, this may include:

• Any restriction on operation imposed by public authority damaged/destroyed.
• Loss of business caused by cancellation of a lease license or order.
• Lack of sufficient capital for timely restoration of property damage as a result of electronic installation
• Mechanical or electronic breakdown.