Property All Risks insurance

Property All Risks (PAR) insurance is one of the most basic insurance policy which purpose is to cover the company assets against natural hazards and accidents.

Most of the risks are covered under PAR policy but you may need to apply an extension to cover earthquake or typhoon in certain countries.

All company assets are usually included under PAR policy and the particularity of this insurance is that it is the duty of insurer to justify why the loss may not be covered, contrary to a simple property insurance where the insured has to justify that the assets damaged was well covered.

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