All Industrial Risks (Other Than Risks Ratable Under Petrochemical Tariff) Having Overall Sum Insured Of Rs.50 Crores And Above In One Or More Locations In India Shall Be Eligible For Industrial Risk.
This Policy Is Designed For Business Enterprises On A Package Basis.The Coverage Is On All Risk Basis Subject To Exclusions Which Are Standard In Nature.The Policy Covers Industrial & Commercial Risks
It Is An All Risk Policy Covering A Wide Range Of Perils Such As Fire And Allied Perils, Burglary, Accidental Damage, Breakdown As Well As Business Interruption.
The IAR Policy Is A True "All Risks Policy" For Operational Risks. It Is More Competitive As Compared To The Present Named Perils Operational Policies Which Have A Limited Scope Of Cover.
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