Assets All Risks
OUR SOLUTION
This is a special policy designed usually for corporate clients who want a complete insurance package to cover a wide range of risks. This policy covers accidental loss of or damage to client's property or assets arising from a very broad spectrum of causes.
This is in contrast to named perils coverage, which applies only to loss arising out of causes that are listed as covered
OUR KEY ADVANTAGES / FEATURES
It can be designed to include fire, lightning, flood, theft, malicious damage, earthquake, riots and strikes, burst pipe, impact, and many others. The cover is restricted only by the specific exclusions written in the policy.
Business Interruption
Business Interruption or Consequential Loss policy is a policy designed to provide indemnity to the insured in respect of loss of net profit as a result of the interruption to the business, standing charge such as rent and interest and wages and salaries of employees. This is normally due to fire outbreaks or other damages that may occur at the insured’s business premises. Business Interruption or Consequential Loss policy is not issued on a stand-alone basis but issued as part of either a Fire Multi Risks policy or and Assets All Risks policy.


