The hereunder two policies provide cover to Property i.e. Physical Assets of the Business ( buildings, stock in trade, fixtures and fittings, plant and machinery and other trade contents)

Fire & Special Perils :

This policy covers material damage to property insured against named perils such as:

• Fire, lightning, explosion
• Theft following forcible and violent entry/exit (either by extension or under a separate policy)
• Storm Tempest and Flood
• Earthquake, subterranean fire and such convulsions of nature
• Burst pipes
• Impact damage by third party vehicles or animals
• Strike, Riot and Civil Commotion

Industrial All Risks:

This policy provides a wider cover in terms of material damage to property and is mainly used for covering larger risks.  Damage to the property is insured against any accidental loss unless specifically excluded such as:

• Wear and tear
• Faulty or defective material
• Willful acts of the insured or his representatives
• Property undergoing alteration or repair
• Acts of fraud or dishonesty
• Coastal or river erosion
• Corrosion, rust, extreme changes in temperature etc