IAR-Industrial All Risk

IAR-Industrial All Risk

IAR-Industrial All Risk

In today’s industrial environment, risks are not only unpredictable—they're often interconnected. Fire, machinery breakdown, natural calamities, or human errors can result in significant financial loss or operational downtime. The Industrial All Risk (IAR) Insurance policy is specially designed to provide comprehensive and seamless protection for large industrial units under a single, all-inclusive cover.

At Trustverge Insurance Brokers, we offer customized IAR insurance solutions that protect your industrial operations, assets, and profits against a wide range of risks.

What is Industrial All Risk (IAR) Insurance?

IAR Insurance is a bundled insurance policy that offers extensive protection to industrial enterprises. It combines multiple risk coverages such as fire, theft, equipment breakdown, business interruption, and natural disasters—all under one plan—reducing gaps in coverage and simplifying policy management.

It is ideally suited for large manufacturing companies, processing plants, warehouses, and infrastructure projects.

Coverage Under IAR Insurance:
  • Material Damage Cover
  • Fire and allied perils (lightning, explosion, storm, flood, etc.)
  • Burglary and theft
  • Accidental damage to plant, machinery, and buildings
  • Earthquake, landslide, and subsidence
  • Impact damage or malicious acts
  • Business Interruption (Loss of Profit)
  • Loss of gross profit due to reduction in turnover
  • Fixed operating expenses during downtime
  • Coverage for additional working costs to resume operations
  • Optional Add-ons:
  • Machinery breakdown
  • Boiler explosion
  • Debris removal
  • Architects’, surveyors’, and consulting engineers’ fees
  • Terrorism coverage
Key Benefits of IAR Insurance:
  • One comprehensive policy for multiple risks
  • Reduced administrative hassle and paperwork
  • Avoids overlaps and coverage gaps
  • Financial protection for both material loss and business income
  • Flexible sum insured and deductible options
  • Customizable to specific industry requirements
Who Should Opt for IAR Insurance?
  • Large-scale manufacturing companies
  • Steel, textile, and chemical industries
  • Infrastructure and construction firms
  • Warehousing and logistics operators
  • Power plants and energy sectors
Why Choose Trustverge Insurance Brokers?

With years of expertise in industrial risk management, Trustverge Insurance Brokers helps you assess your operational risks, structure a tailored IAR policy, and manage claims efficiently. We partner with India’s top insurers to bring you competitive premiums, fast documentation, and proactive claims support when you need it most.

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