Property All Risk / Industrial All Risk Insurance - Astra Insurance Indonesian Company

Understanding from PAR / IAR Insurance

PAR / IAR Insurance give protection to the insured to the an occurrence is unforeseen in character and happened suddenly in the insured location as long as don't in exempting by policy. Policy this type of categorized as " All Risks Policy", where guaranteed risk is not mentioned but only mentioned exemption.

Responsibility object in PAR / IAR Insurance

This insurance underwrite all forms property and industrial. But that way is exception (the property don't become responsibility object) be like :

1. Money, cheque, stamp, securities, gem and gold
2. attached glass
3. other Glass object
4. Electrics installation, computer & data processing equipment However this matter cannot be exempted when because of fire, thunder, detonation, downfall of plane and also RSMD, Earthquake, Flood, Windstorm and leakage of pipe. Except specific mentioned that The insured hold or keep goods on the basis of trust or on the basis of commission, document, manuscript, business book, note of computer system, pattern, model, printing and plan design which explosive
5. The vehicle wearied for habit / is Used in public street, vehicle of cart, trailer, cart rel, vehicle of water, airplane, spaceship or of a kind that
6. Goods is on the way outside the location written in schedule policy
7. The object is in the process of construction or installation (erection) and the supply or goods of that related with the mentioned
8. Land (including foundation, system dismissal of water), take the air in location, base race, road rel, water supply barrage, canal, water pipe, bridge, equipments of subterranean mining
9. Livestock animal, tree or crop
10. damage object as result / effect of itself object production process (Scrap or Defected Goods)
11. The machine during process installation of installation, evacuation or installation return when direct to the manner born relate to the operational activity
12. Specific object closely by separate Insurance
13. Object or goods which is on moment known the existence of damage truly have there are handicap / damage before all which in fact accounted by Marine Insurance
14. Damage boiler, turbine or vehicle of other machine

The risks guaranteed in PAR / IAR Insurance:

In principle include all risks that happened suddenly and cause loss or damage of physical to the responsibility object as long as is not exempted in policy. Simply, the guarantee given by policy PAR / IAR is:

* The damage because of burning, thunder pouncing movement, detonation, downfall of plane
* Riot, strike, riot, devilment
* Is bumped by the vehicle or animal
* Earthquake, hurricane, floods
* Break of other damage and water pipe or tank

The risks is not guaranteed in PAR / IAR Insurance:

* Damage to the object responsibility because of mistake or damage design hidden workmanship danger or material, transformation to destroy / handicap or deviation which have become the nature of from itself object
* Is desisted by the of water supply, gas, electrics, or fuel system or damage of dismissal system to and from location
* The downfall or collapse of building
* Damage of rust effect / timeworn
* Deception dishonesty or, burglary : except existence of hardness element (incl. Burglary)
* The loss cannot be explained (related to filing or accountancy)
* Boiler suffer the cart, broken, fall or abundant heat
* Mechanical or electrical breakdown or mistake in installation of machine or supply
* Explosion or leak of water / pipe channel when is not wearied / empty
* Slide of or erosion that happened of coast or riverbank
* Go down it or arise surface of land or slide
* the Geology structure changing normally
* Wind, rain, snow or hail, the dirt or sand hit the objects located in outside or building or open place
* Coagulation of refrigeration effect or not carefully at the time of removing the liquid goods

Beside all the things above, policy PAR / IAR don't guarantee

* The damage because of or emerge from action / the negligence intended to the each and everyone which act for the the insured
* The desisting it or delay of loss marketing or work or all consequences or loss indirectly or any of that mention

Policy PAR / IAR this don't guarantee damage that happened directly or indirectly by or through or as consequence from every occurrence :

* War, invasion of invasive external enemy or the operation look like war of bad declaration good and or that is civil war
* Badness by the military or civil party having an eye to revolutionize
* Actions the terrorism done by personal and on behalf of selected organization
* Loss of ownership of permanent good and whereas in consequence of nationalization or taking control by side in charge
* Loss of ownership from each arising out building in consequence of usage of the building impinge the law
* Mutilation of responsibility object of command of side in charge / government
* Nuclear weapon, radiation ionization or contamination radio-activity of nuclear fuel or from nuclear garbage coming from burning of nuclear fuel

The data must be given to insure into PAR / IAR Insurance:

* Name and address the insured
* Location properties the insured
* Detail properties the insured (Building, Stock, furniture, Mechanic equipments, etc)
* Construction building materials
* The used Lighting type
* Usage and usage occupation
* Building distance to be insured with vicinity building along with construction and the occupation
* Fire station closest
* The available Type fire company appliances amount and in responsibility location
* Wide responsibility guarantee