The policy provides protection to your property/expenses against accidental physical loss or damage. The policy is an “All Risks” protection and provides a broader coverage for loss or damage due to any causes except a few specific exclusions stated in the policy. The perils covered under this Policy, but not limited to the following:
- Accidental damage and/or breakage.
- Fire, Lightning, explosions.
- Earthquake and Volcanic Eruption.
- Storm, Tempest and Flood and Inundation.
- Damage caused by aircraft and other aerial devices and/or articles dropped there from.
- Bursting and Overflowing of Water Tanks and Pipes.
- Impact Damage by Road Vehicle.
- Riot, Strike, Civil Commotion.
- Malicious Damage.
- Burglary/Thief.
The cover is designed generally to suit the requirements of Commercial and Industrial establishments.