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Protecting your Assets and Revenues

Industrial Risk Insurance Policy

Features & Benefits

  • Requirements

    As a factory or plant owner, you put in the maximum possible efforts required to ensure a hassle-free, effective and productive functioning along with the safety of your employees. However, there may still be unfortunate and out-of-hand events like fire, burglary, monsoon flood or even a power failure might occur. In such scenarios, the ‘Industrial All Risk Policy’ can help you keep your production process and business secure.

  • Benefits

    The Industrial All Risk policy covers major damages like disasters and sudden calamities that can lead to shutting down of the factory, and also offers a separate Business Interruption section. The policy, therefore, guards you and your business against the varied risks of loss of profits.

  • Sum Insured

    The sum insured by the policy shall be equal to the reinstatement value of the plant without any deduction for depreciation, as on date in the material damage section. Under the business interruption section, the total sum insured will be the annual gross profit of the plant.

  • Premium

    The payable premium will depend on risk factors associated with a particular plant such as the nature of the occupancy, construction, location, in-house processes employed, types of fire protection appliances installed, past loss experiences, the kind of goods, deductible and coverage. However, the business interruption rate would depend on the indemnity period, the stand-by machinery, availability of spare or replacement parts and similar factors.​​​​​​​

Please read the policy wordings for more information.*Terms & Conditions apply.​​


Anyone who owns a factory or plant can purchase this Industrial Risk Insurance policy by Liberty Videocon. To know more about the eligibility, inclusions and exclusions, please read the policy wordings.

Apart from basic afore mentioned coverage, you can access add-on covers by paying an additional premium. These covers include: ​

  • Business interruption cover for machinery breakdown
  • Omission to insure additions /alterations
  • Temporary removal of stock
  • Escalation clause
  • Terrorism

There are a few ‘named excluded perils,’ which essentially are the specific risks not covered by the policy like the following: ​

  • Willful acts of destruction
  • Wear and tear
  • Work cessation
  • Inventory losses
  • Defective design
  • In-Business Interruption due to machinery breakdown, if not specifically covered
  • War and nuclear events

Why Commercial Insurance

Listen to Our Customers

The Client has highly appreciated the inputs and report from Mr. Sudhanshu.
Its because of him we were able to convince the client to move to Liberty along with local sales support.​

Rohit Kapoor

We find the report is very exhaustive in bringing out the risk exposures and the works the client has to carry out for risk elimination. Surely the client will be benefited by the suggestions you have put forth.​


The contents of your newsletter are quite interesting and informative.

This will help in creating awareness in the industry about the loss prevention and good maintenance.

Thanks for the good work you are doing.​


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Registration Number: 150 | ARN- ADVT/2017/May/22 | CIN: U66000MH2010PLC209656

© 2017 Liberty Videocon General Insurance Co. Ltd.

Reg Office: 10th floor, Tower A, Penisuala Business Park, Ganpat Rao Kadam Marg, Lower Parel, Mumbai - 400013

Trade Logo displayed above belongs to Liberty Mutual and used by the Liberty Videocon General Insurance Company Limited under license. For more details on risk factors, terms & conditions please read sales brochure carefully before concluding a sale.