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Property All Risks Insurance

This is an “All Risk”cover and provide a broader coverage including accidental physical loss of or damage to the Property in addition to that resulted from fire, lightning, flood, storm, tempest, bursting of water tanks, apparatus or pipes, aircraft damage, impact damage, riots and strikes, earthquake, explosion and burglary by housebreaking &/or forcible &/or violent entry.

The value / sum insured must represent the reinstatement /replacement value of the property.

Under this insurance you can cover:

  •   Commercial / Residential Building / Tower
  •   Hotel, Hospital, School
  •   Industrial units including plant, machinery & stock
  •   Shopping Complex / Mall

Loss of Profit following Property insurance

Any fortuitous loss of property is stressful for the property owner and any consequential loss thereof can often be more stressful due to the loss of revenue and some increased cost of working.

Loss of Profit resulting from interruption or interference due to accidental physical loss or damage to property insured under Property All Risks policy or Fire & Allied Perils.

This policy provides protection against:

  •   Loss of revenue
  •   Fixed expenses
  •   Increased cost of working.

Fire and Allied Perils Insurance

This policy provides cover for loss or damage by fire, lightning, flood, storm, tempest, bursting of water tanks, apparatus or pipes, aircraft damage, impact damage, riots and strikes, earthquake, explosion and burglary by housebreaking &/or forcible &/or violent entry.

The value/ sum insured must represent the reinstatement /replacement value of the property.

Under this insurance you can cover:

  •   Commercial / Residential Building / Tower
  •   Hotels, Hospital, School
  •   Industrial units including plant, machinery & stock
  •   Shops
  •   Shopping Complex / Mall

Hotel Comprehensive

This is a package solution for Hotel business owners. ABNIC has designed a Hotel Comprehensive Insurance Policy to cover; physical loss or damage to property by fire, act of God perils, riot & strike, impact damage and some more add on cover like;

  •   Loss of Profit & Standing Charges
  •   Machinery Breakdown
  •   Comprehensive General Liability
  •   Money Insurance
  •   Fidelity Guarantee Insurance etc

The value / sum insured must represent the reinstatement /replacement value of the property.

Terrorism & Sabotage Insurance

Real and Personal Property of every kind, nature and description cover under this insurance against Terrorism and Sabotage which is normally an exclusion under all property insurance policies.