Property All Risks

Introduction

Property All Risks Policies protects the property owners (e.g. owners of buildings, machinery, plant, equipment, furniture and other contents) from physical loss or damage on an all risk basis which means any accidental loss will be payable, other than those specifically excluded in the policy.

PAR policy provides you with a wider cover than the Fire, Special Perils and Theft policy. Fire, Special Perils and Theft policy protect your property against physical loss or damage on a named perils basis only, e.g. fire, explosion, lighting, storm, bursting of pipes etc. Perils not specifically stated will not be covered.

Cover accidental damage to the insured property due to any peril unless specifically excluded in the policy.

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Key Features

  • Policy can be customized based on risk to be covered.
  • Packaging the cover with other lines of insurance (Liability, Money Insurance, Fidelity Guarantee, etc.)

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Fire & Special Perils