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What is Property All Risk Insurance?
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[QUOTE="Suba, post: 264724, member: 3658"] Property All Risk Insurance is a type of insurance that can cover almost all risks (unnamed perils) on buildings and fixed assets, except for the risks listed in the insurance policy (both general and special exceptions). All risk property insurance is often used by entrepreneurs to protect factory buildings, machine damage. Meanwhile, for damage due to natural disasters such as volcanic eruptions, earthquakes, tsunamis and terrorism, a separate insurance policy can be made. Almost all types of business buildings can be protected by property all risk insurance such as factory buildings, warehouses, offices, shops, supermarkets, hotels, restaurants, cinema buildings, theaters, karaoke, nightclubs, casino places, office buildings, etc. The amount of premium to be paid will depend on the price and construction of the building, fire safety factor, historical security in the last 5 years. [/QUOTE]
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What is Property All Risk Insurance?
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