Property all Risk

In this insurance, the company indemnifies the contributor for any unforeseen and sudden accident to the property insured whilst situated at the premises described in the policy. This includes loss or damage by fire, lightning, aircraft, explosion, earthquake, strike, riot, civil commotion, malicious damage, storm, tempest, flood, bursting, or overflowing of water apparatus (including sprinkler leakage), impact by own vehicles, theft or attempt of theft (by violence to persons or forcible entry or exit from the premises), and accidental loss or damage.

The coverage is usually provided for a period of one year, however it may be extended for 3 years according to the contributor wish or regarding some other parties such as banks, municipalities, etc…

The Sum insured should be adequate to cover the total exposure.

Our underwriters can help the contributor in determining the value of the property, in order to avoid any application of average in case of claims.