All industrial risks (other than risks rateable under Petrochemical Tariff) having overall Sum Insured of Rs.50 crores and above in one or more locations in India are eligible for Industrial All Risks Policy. The policy comprises of two sections a. Material Damage (covering Fire and all special perils, Burglar and Machinery Breakdown/Boiler Explosion/Electronic Equipment Insurance) and b. Business Interruption (covering FLOP (Fire Loss of Profit): Business interruption due to fire and all special perils and MLOP (Machinery Loss of Profit) which is Business interruption due to machinery breakdown and is an optional cover)
Features:
Quick and expert risk assessment wherever required
Expert Risk control programme by the risk engineers on all aspects of safety and loss prevention