All Risk Insurance

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All Risk Insurance

Marine cargo insurance which covers most perils except strikes, riots, civil unrest, capture, war, seizure, civil war, piracy, loss of market, and inherent vice.

All Risk Insurance

An insurance policy that covers all possible claims not specifically excluded. All risk insurance is found only in property insurance. Homeowners insurance in sometimes all risk insurance. If one's homeowners insurance is an all risk policy and the house burns down, the insurance policy covers it unless the agreement states categorically that it will not cover destruction by fire. All risk insurance is usually quite expensive.
References in periodicals archive ?
Part 1 All-Risks Insurance assets (machinery breakdown insurance) asset value 46.
Only about 46% of the claims for property and industrial all-risks insurance were paid as of August 2012.
Contract works or all-risks insurance cover you in case of fire or damage to the work in the course of construction, theft or damage to tools and equipment left on site.
Subject matter is an all-risks insurance (Lot 1) and liability insurance (Lot 2), each incl.
All-risks insurance assets; Rct-rco; Injuries cumulative; Rca Lm / ard; Auto different risks; Legal protection; Rc / sheet (see related technical specifications attached).

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