From customised machinery to electronic equipment, your business assets play a vital role in the success of your operations. Our Assets All Risk insurance provides protection for business property that is accidentally physically lost, destroyed or damaged by anything other than the excluded causes listed below. This means that you’re covered for almost every eventuality, which makes your coverage broader and easier to understand too.
Examples of excluded causes are:
- Damage caused by defective design materials or workmanship
- Willful acts or negligence by the insured
- Acts of fraud or dishonesty
- Disappearance, unexplained or inventory shortage
Some property is also excluded, such as money, electronic installations, vehicles and boilers.