All Risks Insurance
'This policy offers very comprehensive protection to the insured property against many perils including any accident or misfortune not expressly excluded'
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All Risks Insurance generally forms a part of package policy. It offers an overall solution to cover portable items like laptops, mobiles, cameras and projectors.
This policy offers very comprehensive protection to the insured property against many perils including any accident or misfortune not expressly excluded'
Salient Features
- Flexible Cover Can be varied to suit the needs of the client
- Cover is wide covering fire, burglary & accidental external means
- Variable excess can be given according to the needs of client
- Premium rates are flexible according to the quality of risk and value covered
- Worldwide cover can be given
Exclusions
Loss damage or destructions directly/ indirectly attributable to:
- Actions of moth, vermin, mildew, wear and tear or repairs, dyeing or leaching processes or any gradually operating cause
- Mere breaking/ scratching or cracking of fragile items unless caused by accident to the means of conveyance
- Any mechanical or electrical breakdown/derangement except due to accidental external means Over winding, denting or internal damage to watches or clocks
- Thefts from cars except fully closed saloons Consequential losses, any legal liability
- War perils, nuclear risks, any government/ local authority action Any loss due to insured's action which has contributed to increase in risk
- Extra cover available on payment of additional premium