All Risk Policy is a product designed to cover your valuable movable equipments like laptops, mobile phones, handi-cams, jewellery, and the like which do not remain confined to your own home and are exposed not only to natural perils but also to perils such as theft, snatching, etc.
Barring a few perils like Earthquake, War etc., the Policy offers very comprehensive protection against many perils including any accident or misfortune not expressly excluded.
Insured PerilsThe Policy generally covers the following:
- Fire, Riot & Strike, Terrorist Activity
- Burglary, Housebreaking, Larceny or Theft
- Accidental loss or damage
- Loss or damage arising from moth, vermin, insects, mildew, wear and tear gradual deterioration, inherent defect or from any process of cleaning repairing or restoring
- Breakage of glass, china marble, earthenware and other brittle substances unless occasioned by fire/riot/strike/terrorism and/ or in an attempted theft/house breaking
- Over winding denting or internal damage of watches or clocks
- Mechanical or Electrical derangement/breakdown of any article unless caused by accidental external means
- Fire arms by rusting, bursting
- Loss or damage occurring outside the covered geographical area
- Earthquake or Volcanic eruption
- War and kindred perils
- Nuclear Risks
- Theft from any unattended vehicle
- Bill required for any item with value in excess of Rs. 1 Lac
Note: :The above are only the salient features of the Policy , for complete terms and conditions please refer to Policy Wordings.