• Manufacturing Companies
• Construction Companies
• Transportation and Logistics Companies
• Large Corporations with Diverse Operations
• Infrastructure and Real Estate Developers

• Property damage : Fire/Accidental Fire, Contagious Fire, Explosions Coverage, Lightning Strike, Aircraft Damage, Impact Damage, Subsidence and Landslide, Storm, Tempest, Explosion, Burglary, Earthquake and Volcanic Eruption, Flood and Inundation, Spontaneous Combustion
• Business Interruption : Business interruption cover is a type of insurance that provides financial protection to a business when it is unable to operate due to unforeseen events, such as a fire, natural disaster, or other covered perils.
  It typically helps cover ongoing expenses like rent, payroll, and lost profits during the period of interruption, allowing the business to recover and return to normal operations.
• Optional add-ons

• War and Terrorism: Losses or damages caused by war, acts of war, invasion, civil war, rebellion, revolution, insurrection, or terrorism are often excluded.
• Nuclear and Radioactive Hazards: Damage arising from nuclear reactions, radiation, or radioactive contamination is typically excluded.
• Normal Wear and Tear: Industrial all risk insurance is meant to cover unexpected or accidental damage, so normal wear and tear, deterioration, or damage due to faulty workmanship is usually excluded.
• Intentional Damage: Losses caused intentionally by the insured party or any person acting with their consent are excluded.
• Faulty Design or Workmanship: Industrial all risk insurance may exclude damage or losses resulting from errors in design, defective materials, or faulty workmanship. These issues are typically addressed through professional liability insurance or warranties.
• Delay or Loss of Use: Most policies do not cover losses resulting from delay in project completion or loss of use of the property without physical damage.
• Consequential Losses: Industrial all risk insurance typically does not cover indirect or consequential losses, such as loss of profit, loss of revenue, or loss of market share due to a construction delay.
• Unauthorized Alterations: Damage caused by unauthorized alterations or modifications to the insured property may be excluded.
• Pre-Existing Conditions: Damage or losses that existed prior to the inception of the policy are usually excluded.
• Environmental Pollution: Pollution-related losses, such as pollution cleanup costs, are often excluded.
• Government Action: Losses resulting from government actions, such as expropriation or confiscation of property, may be excluded.
• Defective Parts or Materials: Damage caused by the use of defective parts or materials, even if unknowingly used, may be excluded.
• Subcontractor Default: Some policies may exclude losses resulting from subcontractor default, as this is typically addressed through performance bonds or subcontractor default insurance.

Policy Duration : One Year

Factors affecting premiums

• Building Occupancy and Scope
• Location
• Building Class
• Risk Assessment
• Coverage Limits
• Regulations and Legal Requirements
• Deductibles
• Previous Claims History
• Optional Coverage
• Market Conditions
• Economic Factors
• Security Measures