INDUSTRIAL SPECIAL RISKS INSURANCE
Covers physical assets and the consequential loss of profit for loss or damage by an event. This event is very broadly defined in these policies.
For many organisations, standard business insurance does not adequately cover their business for the risks and exposures that can cripple their operations and livelihood. An Industrial Special Risks Insurance policy has open-ended wording, which means cover is not limited to selected risks. Instead, you are protected against most losses and damages except for exclusions noted in the policy.
You maybe are covered for almost any kind of disaster or catastrophe – from fire, storm or earthquake, consequential loss to theft or money and glass, subject to sub-limits, limitations and terms negotiated as part of the policy. It is also often the the most flexible policy available and is recommended to organisations with significant insured values (typically over $3m). We have the expertise to tailor an industrial special risks insurance policy specifically to your needs.