Industrial All Risk Insurance

Industrial All Risk Insurance (IAR) is a package policy with a wider insurance cover than the prevalent traditional policies like Standard Fire and Special perils policy, Machinery Breakdown insurance, Electronic equipment insurance, Boiler explosion insurance, Burglary Insurance and Business interruption Insurance.

The aim of the policy is to insure fixed assets like Building, Plant & Machineries, Furniture Fixtures, Electrical Equipment’s and Stocks of all kinds.

Unison’s dedicated property team has the bandwidth to handle IAR policies for its esteemed clientele. We understand the needs of our clients and deliver results to their utmost satisfaction.

Key Features:
  • Package Policy bringing various covers under one roof
  • Coverage is “All Risks”, and driven by named exclusions only
  • Exclusions are few and international in nature
  • Buildings, Machinery, Furniture, Fixtures, Fittings &Electrical Installations shall be on Reinstatement Value only
  • Stocks shall be covered on Market Value basis
  • Underinsurance up to 15% ignored