Industrial All Risk Insurance

Property Insurance

Product Overview

Business owners with a combined sum insured exceeding RM50 million in a single policy can opt for more comprehensive coverage through an Industrial All Risks Insurance instead of standard fire insurance. This policy protects your business against sudden and unforeseen accidental physical loss, helping you resume operations as quickly as possible.

Key Coverage

This policy offers coverage
for the following basic perils

Section I - Material Damage

This section of the insurance covers the sudden, unforeseen and accidental physical loss, destroy or damage to the property insured due to any cause other than those excluded in the policy. The business owner will be indemnified with the actual value of the insured property at the time of happening of the damage.

Section II - Business Interruption

This section of the insurance covers the financial loss arising from business interruption or interference in consequence of loss, destruction or damage cover under Section 1 - Material Damage