Commercial All Risk
Description
Commercial All Risk insurance (also referred to as open peril insurance) refers to a type of insurance coverage that automatically covers any risk that the contract does not explicitly omit. You can find all risks insurance in a variety of industries. Examples include agriculture, business, machinery, and real estate. Coverage is provided for Fire, Lightening, Explosion, Earthquake, Volcanic Eruption, Flood and/or overflowing of the sea, Hurricane, Cyclone, Tornado, Storm, Tempest, Riot, Strike, Civil Commotion, Malicious Damage, Aircraft Damage, Aerial Devices or articles dropped there from, Impact Damage, bursting and/or overflowing of water tanks, Apparatus and Pipes, Bush Fire, Subterranean Fire, Smoke Damage and Spontaneous Combustion.
It creates an all-in-one package that is less expensive than purchasing policies for each type of cover separately. Get covered today.
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