For large Industrial operators with machinery and equipments highly susceptible to breakdown, it will be ideal to take an Industrial All Risks cover in place of the traditional Fire and perils and fire Business interruption and, burglary. This is an insurance package which mainly incorporates Fire & Allied Perils, Burglary, Accidental damage and Business Interruption and it provides indemnity to the property insured against any loss or damage from any cause not excluded by the policy
However, the policy carries higher deductibles and therefore one needs to strike a balance before settling on the ideal cover.
At Royal Associates Insurance Brokers , our experienced team of professionals will guide you appropriately on the ideal cover depending on the prevailing circumstances and the exposures.
