Novo Insurance - Professional Insurance Services

Industrial All Risk (IAR) and Mega Risk Insurance

Type: Corporate Insurance | Category: Fire and Burglary Insurance

Policy Details

Learn more about the Industrial All Risk (IAR) and Mega Risk Insurance policy.

Industrial All Risk (IAR) and Mega Risk Insurance

Description

All-inclusive insurance plans for large industrial undertakings, combining fire, burglary, accidental damage, machinery breakdown, and business interruption under one policy.

What is This Policy?

IAR and Mega Risk policies are comprehensive solutions for large enterprises, covering everything from fire to terrorism in one consolidated policy. Ideal for high-value, high-risk industries.

What is Covered

The policy provides blanket coverage for accidental physical loss or damage from fire, natural calamities, theft, electrical faults, and equipment breakdown. It includes or can add burglary and terrorism coverage. It also covers loss of profit due to business interruption arising from insured perils.

Who Should Buy

Large manufacturers, industrial units, energy, infrastructure, Asset-heavy operations above ₹100 crore value, Businesses needing uninterrupted risk protection across multiple peril

Key Features

  • All-risk cover for property, machinery, stock
  • Burglary, machinery breakdown, and BI built-in or optional
  • Terrorism cover included or offered as an extension
  • Tailored to asset values typically over ₹100 crore
  • Requires risk inspection and underwriting

Get in Touch

Request a free consultation for the Industrial All Risk (IAR) and Mega Risk Insurance policy.

Contact Information

123 Financial District, Hyderabad, Telangana 500032

+919100509675

info@novoinsure.com