All Risk Insurance Coverages

Shriram All Risk Insurance policy covers the policy holder against damages and losses caused by various risks such as fire, strikes, theft, terrorism, etc.

What is Covered?
What is not Covered?

Damage to insured property by fire, riot, strike, theft, accident, etc.

Any damage arising from an unforeseen cause to portable equipment while in storage or use

Any firms, companies, shops or individuals who are engaged in commercial activity and who provide portable equipment to their employees for official purposes

Individuals whose portable equipment such as laptops, mobile, cameras and items of similar nature are exposed to losses due to any unforeseen accident can be covered under this policy

Damage caused by any process of cleaning, dyeing or bleaching, restoring, repairing, renovation, wear & tear, moths, vermin, insects, etc.

Breakage, cracking or scratching of crockery, glass, cameras, binoculars, lenses, curios, pictures, musical instruments and sports gear unless caused by fire or accidents

Loss or damage caused by the mechanical or electrical breakdown of any article unless caused by accidental external means

Over winding, denting or internal damage to watches and clocks

Loss or damage to money, securities, manuscripts, bonds, bills of exchange, promissory notes, stocks, share certificates, stamps and travel tickets, business books/documents

Loss or damage, direct or indirect, arising from war, war-like operations, the acts of a foreign enemy, hostilities, civil war, rebellion, insurrection, civil commotion, military, etc.

Any loss or damage arising from delay, detention or confiscation by customs or other authorities.

Any loss, destruction or damage to any property arising from ionising, radiation or contamination by radioactivity/nuclear materials from any source

Consequential loss or legal liability of any kind

Frequently Asked Questions

How does the special condition 'Articles in Pairs or Sets' work?

The insurance company’s liability shall not exceed the value of any loss/damage to a particular part of an insured article or a proportionate part of the article's insured value