PAR / IAR
Property / Industrial All Risks
Property / Industrial All Risks
Operational Policy
Protection Built Around Your Business
Operational Policy combines property damage and business interruption protection to help organisations recover faster after fire, natural perils, theft or accidental damage.
It can be structured for factories, offices, warehouses, plant, machinery, stock and business income, with optional extensions selected according to the actual operating risk.
Burglary
Burglary & Theft
Protection for contents and stock
BI / MLOP
Business Interruption / MLOP
Loss of gross profit following insured damage
Fire
Fire & Allied Perils
STFI and earthquake cover as opted
Machinery
Machinery Breakdown
Boiler and pressure plant protection
Extensions
Money, Fidelity & Plate Glass
Optional extensions for wider protection
Frequently Asked Questions
Buildings at reinstatement value; plant at NRC or replacement; stock at cost. Include escalation and declaration clauses where needed.
When loss of profit due to property damage can materially impact revenue—manufacturing, warehousing and service facilities should include it.