About 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's 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.
Key Features
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Key Features
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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
Who Should Buy?
Large manufacturers, industrial units, energy, infrastructure, Asset-heavy operations above ₹100 crore value, Businesses needing uninterrupted risk protection across multiple peril