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Scope of Cover
Industrial units (excluding petrochemical risks) having sum insured of `100 crores and above in one or more locations in India are eligible to take Industrial All Risks Policy.
Code: Fire 03
Sum to be insured for the material damage part is the reinstatement cost of the property. For the business interruption portion, annual gross profit is to be insured.
Premium depends on the exact cover opted, claims experience, deductible and risk assessment report of the engineer.
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