All Risk


All Risks

An all risks insurance contract covers the insured from all perils, except the ones specifically excluded from the list. Contrary to a named perils contract, an all risks policy does not name the risks covered, but instead, names the risks not covered. In so doing, any peril not named in the exclusions list is automatically covered.

The most common types of perils excluded from "all risks" include earthquake, war, government seizure or destruction, wear and tear, infestation, pollution, nuclear hazard, and market loss.

Your property can always be found within your premises. In a situation where you take some items outside the premises to use and it gets stolen or damaged, what would you do? Such loss could be avoided with our All Risk policy, which covers you in the event that your insured property is damaged or stolen within or outside your premises.



* The policy provides cover against accidental damage or loss of items that are movable in nature. Examples include laptops, jewellery, wrist watches, rings, etc.

* This policy is very comprehensive and provides cover to the policyholder against the accidental loss of, or damage to, such items caused by hazards (except for those specifically excluded – e.g. damage caused by wear or tear, gradual operating cause, process of cleaning or ironing, etc.).

* The cover is not restricted to premises or location where items are kept but is functional within a specified geographical limit.