Protection structured around real-world risk.
Comprehensive all-risk industrial insurance designed for large-scale manufacturing facilities and industrial estates with sum insured of ₹100 Crore and above, integrating Material Damage and Business Interruption under one unified policy.
GITVISHA · RISK ADVISORYCommercial and personal risks rarely follow idealized assumptions. These are the critical financial pitfalls, claim traps, and operational vulnerabilities that proper policy structuring actively mitigates.
High electrical loads, aging transformer panels, or overheated machine bearings igniting nearby packaging or combustible stock.
Insuring factory buildings or machinery at historic balance-sheet book value instead of true current replacement cost.
Severe cloudbursts, blocked municipal drains, or river overflows inundating ground-level factory floors and basements.
These are discussion points, not a promise that every risk is covered. Final cover depends on policy wording and insurer acceptance.
Accidental physical loss or damage to buildings, plant, machinery, electrical networks, and inventory from all causes not specifically excluded
Unifies Fire & Special Perils (SFSP), Burglary, Accidental Damage, and Machinery Breakdown (MBD) under single-point coverage
Loss of Gross Profit resulting from turnover reduction following an insured Section I physical loss, including standing charges
Additional operational expenditure incurred to maintain production schedules or secure alternate manufacturing facilities
New replacement cost settlement basis plus automatic 5% to 10% cover for in-year plant expansions
Professional architects/engineers fees, debris removal expenses, and decontamination/cleanup extensions
The right structure starts with understanding your assets, operations, people and contractual responsibilities.
Compare more than price. Review limits, deductibles, exclusions and policy conditions.
Eligibility benchmark: Total Indian asset sum insured across all locations typically ₹100 Crore or above
Accurate computation of Gross Profit and definition of standing charges (indemnity period: 12, 18, or 24 months)
Underinsurance tolerance: Negotiating agreed margin clauses (typically 10% to 15%) to avoid average clause penalties
Compliance with Tariff Advisory Committee (TAC) fire protection norms (sprinklers, hydrants) to maximize tariff discount credits
Need more clarity? Send us your requirement and our team can help explore the next step.
Ask our teamSFSP is a 'named perils' policy that only covers specific listed causes of loss (fire, lightning, flood, storm). IAR is an 'All Risk' policy that covers every accidental physical damage or destruction unless specifically excluded, while automatically integrating Machinery Breakdown and Business Interruption (FLOP).
In the Indian insurance market, IAR policies are designed for industrial and manufacturing units with a total sum insured (Material Damage + Business Interruption) of ₹100 Crore or more across one or multiple locations in India.
Yes. Section I of an IAR policy incorporates Machinery Breakdown (MBD), and Section II (Business Interruption) can be structured to cover loss of profits resulting from machinery breakdown (MLOP) as well as fire (FLOP), ensuring seamless protection.
Tell us about your requirement. Your email application will open with the enquiry ready to send.
