
Industrial Special Risks Insurance (ISR) safeguards the tangible assets of your business, encompassing buildings, stock, plant and machinery and other property. ISR policies are tailored for companies and organizations with substantial physical assets valued at over $5,000,000.
In addition to covering the replacement of the business’s physical assets due to events like fire, flood, theft, earthquake, etc., ISR also provides coverage for the financial losses incurred by a company due to such incidents that hinder their operational efficiency, ultimately impacting their profitability (business interruption).
Coverage for the Industries Special Risk Insurance policy is extended for a predetermined period following the initial loss.
This is a brief overview of the coverage only, for comprehensive details on covers, please refer to your Product Disclosure Statement (PDS) / Policy Wording. A PDS is available from us.
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