This is one of the most widely availed insurance policies by businesses, providing comprehensive coverage for property assets constructed or located on land. The coverage broadly includes:

Covered Assets

• Buildings

• Plant and Machinery

• Furniture and Fixtures

• Stocks of all kinds, including raw materials, finished goods, semi-finished goods, and stock-in-process

This policy operates on a named peril basis and covers a wide range of in-built risks such as Fire, Lightning, Explosion/Implosion, Aircraft Damage, Riot, Strike and Malicious Damage, Storm, Typhoon, Flood and Inundation, Impact Damage by rail/road vehicles or animals, Subsidence and Landslide (including rockslide), Bursting of water pipes, Leakage from overhead tanks, Missile testing operations, and Bush Fire, among others.

Optional Add-on Covers (available at additional premium) include Earthquake, Terrorism, Spontaneous Combustion, Removal of Debris, Architects’ and Surveyors’ Fees, and Impact Damage caused by the insured’s own vehicles, etc.

Securisk Insurance brings together a highly experienced team of professionals with deep expertise in claims handling and policy placement. We take pride in designing innovative insurance placement structures that deliver optimal outcomes for our clients.

Through close coordination and seamless communication between our Property Insurance and Risk Management teams, we ensure consistent value addition to our clients’ insurance portfolios. Our Risk Consulting team works closely with clients at every stage, advising and assisting in presenting their risk profiles accurately to insurers—resulting in competitive pricing and cost efficiency.

Our specialists possess the technical expertise to assess Probable Maximum Loss (PML) in a manner widely accepted by the insurance market. We also support clients in determining the correct insurable values, ensuring adequate financial protection at the time of claim settlement.

With extensive experience across multiple industries, we collaborate with clients to understand their unique risk exposures and design tailored insurance solutions aligned with their business needs.

Key Features

• Named peril-based policy

• Wide range of add-on covers and extensions available

• Buildings, Plant & Machinery, Electricals, Furniture and Fixtures can be insured on Reinstatement Value or Market Value basis

• Stocks covered on Market Value basis