Key Coverages of an Industrial All Risk Policy
Property Damage Coverage
Protects buildings, machinery, and stock from risks like earthquakes, floods, fires, and explosions.
Machinery Breakdown Insurance
Covers sudden machinery breakdowns, ensuring uninterrupted operations.
Business Interruption Insurance
Provides financial support for losses incurred due to operational halts after an insured event.
Erection All Risk Insurance
Covers installation, testing, and commissioning of industrial equipment.
Third-Party Liability Protection
Shields businesses from legal liabilities arising from third-party injuries or property damage.
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