PASSING THROUGH
Property All Risk Insurance, or Industrial All Risk is insurance that guarantees all risk of loss except for some risks listed in the exceptions mentioned in the policy.
In this insurance policy it is not explicitly stated what risks are guaranteed, specifically mentioned are exclusions. So in other words the Property All Risk / Industrial All Risk insurance policy guarantees all risks as long as the risk is not excluded.
So that the All Risk / Industrial All Risk Property Insurance policy is called the "Unnamed Perils" Policy. Insurance Object Assets that can be insured in the form of Buildings (machinery), Machinery (machinery), Merchandise (stock), Contents or furniture and other building equipment (content). including business / financial losses (business interruption) due to damage from the insured object mentioned above.
Guaranteed risk The risks guaranteed in Property All Risk Insurance are the same as fire insurance, but are expanded with additional risks that can be guaranteed as follows: Guarantees for Riots, Strikes, Evil and Riot Acts Collateral for Hurricanes, Storms, Floods and Water Damage Guarantees for Earthquakes, Volcanic Eruptions and Tsunamis Collateral for Landslides and Soil Movements Risk that is not guaranteed The All Risk Property Insurance Policy is divided into 2 types in the policy, namely:
General Exclusions War, riots, riots, looting, revolution, takeover of power, terrorism Radiation, ionization, nuclear radioactive contamination Deliberate / carelessness of the insured or representing the insured Termination of work in part or in whole Special Exclusions.
Property under construction Property under repair Property in travel by land, train, air or water Land, sea, air, space water, locomotive and the like Jewelry, precious stones, Wood trees, animals, mountains, fish, plants Land, roads, railroad tracks, dams, canals, cables, tunnels, bridges, pipes, ports, mines, offshore property Rental goods, credit and the like Direct / indirect caused by: Delay, loss of market, installation failure Dishonesty, cheating, fraud Lost, vanished, shrinking unknown cause The water tank and its equipment which burst, overflowed, were released or leaked when the place was not used Rust, wear, corrosion, mold, fleas, wet, dry, insect larvae Pollution, contamination Regulations regarding the construction, repair or destruction of insured buildings Shrinking, changes in color / taste / texture, loss of weight Changes in temperature, humidity, or failure of operation in the cooling or heating system Wind, rain, hail, snow, floods or dust that damage moving objects in open spaces, fences or yards Maintenance costs Repair, design, faulty workmanship costs Additional Clause The general insurance.
policy clauses applied as extended collateral are as follows: riots, strikes, evil deeds and riots (RSMDCC) hurricanes, floods, storms, and water damage (TFSWD) and other features, such as: Reinstatement Value Clause Average Relief Clause Appraisal Clause All Other Contents Clause Architects, Surveyors, Engineers Expenses Clause Capital Addition Clause Claim Preparation Clause Customers' Goods Clause Fire Brigades Charges Clause Fire Fighting Expenses Clause Outbuildings Clause Removal of Debris Clause
So that the All Risk / Industrial All Risk Property Insurance policy is called the "Unnamed Perils" Policy. Insurance Object Assets that can be insured in the form of Buildings (machinery), Machinery (machinery), Merchandise (stock), Contents or furniture and other building equipment (content). including business / financial losses (business interruption) due to damage from the insured object mentioned above.
Guaranteed risk The risks guaranteed in Property All Risk Insurance are the same as fire insurance, but are expanded with additional risks that can be guaranteed as follows: Guarantees for Riots, Strikes, Evil and Riot Acts Collateral for Hurricanes, Storms, Floods and Water Damage Guarantees for Earthquakes, Volcanic Eruptions and Tsunamis Collateral for Landslides and Soil Movements Risk that is not guaranteed The All Risk Property Insurance Policy is divided into 2 types in the policy, namely:
General Exclusions War, riots, riots, looting, revolution, takeover of power, terrorism Radiation, ionization, nuclear radioactive contamination Deliberate / carelessness of the insured or representing the insured Termination of work in part or in whole Special Exclusions.
Property under construction Property under repair Property in travel by land, train, air or water Land, sea, air, space water, locomotive and the like Jewelry, precious stones, Wood trees, animals, mountains, fish, plants Land, roads, railroad tracks, dams, canals, cables, tunnels, bridges, pipes, ports, mines, offshore property Rental goods, credit and the like Direct / indirect caused by: Delay, loss of market, installation failure Dishonesty, cheating, fraud Lost, vanished, shrinking unknown cause The water tank and its equipment which burst, overflowed, were released or leaked when the place was not used Rust, wear, corrosion, mold, fleas, wet, dry, insect larvae Pollution, contamination Regulations regarding the construction, repair or destruction of insured buildings Shrinking, changes in color / taste / texture, loss of weight Changes in temperature, humidity, or failure of operation in the cooling or heating system Wind, rain, hail, snow, floods or dust that damage moving objects in open spaces, fences or yards Maintenance costs Repair, design, faulty workmanship costs Additional Clause The general insurance.
policy clauses applied as extended collateral are as follows: riots, strikes, evil deeds and riots (RSMDCC) hurricanes, floods, storms, and water damage (TFSWD) and other features, such as: Reinstatement Value Clause Average Relief Clause Appraisal Clause All Other Contents Clause Architects, Surveyors, Engineers Expenses Clause Capital Addition Clause Claim Preparation Clause Customers' Goods Clause Fire Brigades Charges Clause Fire Fighting Expenses Clause Outbuildings Clause Removal of Debris Clause
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