Let’s Insured For All Risks
Industrial All Risks Insurance (IAR) is an all risks insurance, which has wider coverage than traditional Standard Fire and Special Perils Insurance policies.
SMEs, business owners (Export/Import CMP businesses) and factory owners can arrange for IAR Insurance.
Buildings, F.F.F (Furniture, Fixtures and Fittings), Machineries & Equipment and Stocks (Raw materials / Finished goods) can also be insured under IAR Insurance.
Features
- This policy covers all loss and damage according to Standard Fire Insurance policies as well as additional perils and any other damages.
- Extended coverages such as Burglary can be insured under IAR insurance. This is subject to the terms and conditions of each respective policy.
Core Benefits
- Covers all loss and damage according to Standard Fire Insurance policies. This includes Fire, Lighting, and the explosion of gas used for illuminating or domestic purposes.
- Covers damages from the additional perils from standard fire insurance policies. These include: Explosion, Windstorm, Riot & Strike, Vandalism & Malicious acts, Vehicles Impact, Earthquake, Flood, Aircraft, Smoke, Water Damage, Hail, etc.
- Covers other damages which are indicated clearly by the extended coverage under insurance policy.
