Contractor’s All Risks
Policy Overview
An umbrella policy designed for large corporations — providing comprehensive coverage that goes beyond standard corporate policies.
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Coverage Items
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Key Benefits
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Related Policies
Scope of Cover
Material Damage
- Covers all loss or damage to the insured property during the policy period, except for events specifically excluded.
- Includes Fire & Allied Perils (Building, Plant & Machinery, Stock in Trade, Furniture, Fixtures, and Fittings).
- Business Interruption (Loss of Gross Profits).
Other Sections (Sub-Limits)
- Fire Insurance
- Machinery Breakdown
- Accidental Damage
- Electronic Equipment
- Money
- Goods in Transit
- Burglary
- Fidelity Guarantee
- Business All Risks
- Claims Preparation Cost
- Business Interruption
Policy Benefits
Sum Insured: Limits specified in the schedule are the maximum applicable under the policy and apply individually per class.
Premium: Alliance offers an all-time low combined premium when multiple covers are chosen under one All-Risks policy — lower than buying each individually.
Deductibles: Specified for all claims except claim preparation. Business Interruption includes a minimum time excess of 72 hours.