- All industrial risks (irrespective of Sum Insured) in one or more locations in India shall be eligible for Industrial All Risks Policy.
- This is a wider cover than the Standard Fire and Perils policy
Coverage :The cover in its widest form will include the following:
- Section I
- Material Damage including Fire & all special perils.
- Machinery Breakdown
- Boiler Explosion
- Electronic Equipment Insurance
- Section II
- Comprehensive convenient and cost effective.
- Losses Fire, Fire LOP, MBD and MLOP (if opted) are covered.
- Transit risk inside Industrial Compound Covered.
- Under Insurance upto 15% is waived.
Note : Policy details given are indicative not exhaustive. Please contact our nearest NIA office for further details.