Industrial units constantly face certain risks, which can disrupt their daily operations. The resultant loss can be due to repairs or replacement costs, or due to stoppage of production. The Reliance Industrial All Risks Policy offers you a solution that will ease all your worries as it covers you against all the dangers to which your industrial unit is exposed.
- Industrial All Risks Policy offers protection under two sections:
- Section I - Material Damage: Covers any unforeseen and sudden physical loss or damage to the insured property due to the insured perils
- Section II - Business Interruption: Covers the business loss if the business carried on by the Insured at the insured premises is interrupted or interfered with, as a result of loss, or destruction or damage of insured property due to the perils covered under Section I