Gateway Park, Block D, Mombasa Road,
Nairobi
Industrial All Risk Policy
Our Industrial All Risk Policy is a comprehensive insurance solution designed to protect large industries against a wide array of operational risks.
This policy covers all risks not expressly excluded, providing a dual-stage protection approach. Initially, it secures material damage to identified assets, followed by compensation for loss of income or profit as outlined in the policy.
Scope of Coverage
Assets Covered
Coverage extends to buildings, machinery, furniture, fixtures and fittings and electrical installations, compensated based on reinstatement value for buildings and machinery and market value for stocks.
Machinery Repairs
Damages occurring to machinery and equipment when sent out for repairs are covered.
Transit Risks
Coverage for damages during transit within the client’s compound.
Cover Benefits
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Water Damage
Bursting and overflowing of water tanks, apparatus and pipes
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Natural Disasters
Forest fires, subterranean fires, leakage, contamination, spoilage material damage, spontaneous combustion and landslides
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Power Failure
Deterioration of stocks due to power failure following damage to premises of public power stations and electric service feeders (for Cold Storages)
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Other Risks
Includes coverage for sprinkler leakages, burglary (other than larceny), machinery breakdown, boiler explosion, electronic equipment damage and business interruption following fire or machinery breakdown