All Risks (AR)

All risks It is a type of marine insurance. It is the widest standard type of collateral at the shipping stage for overseas trade. All risks do not cover damages caused by wars, strikes, and riots.

All risk provides protection against all risks of physical loss or damage, with the exception of the conditions as mentioned above. However, the delays experienced during the shipping or at the ports are not covered.

FAQ

What is all risks marine insurance?

All risks marine insurance is a type of insurance that provides coverage for all types of physical loss or damage to goods being transported by sea, unless explicitly excluded in the policy.

What does all-risk insurance cover?

All-risk insurance typically covers a wide range of risks, including accidental damage, theft, fire, and natural disasters. The specific coverage can vary depending on the policy, but it generally provides broader protection than named-peril insurance, which only covers specific risks that are listed in the policy.

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