Go Back to previous page

Question:

What is the difference between a Fire and allied perils policy & a PAR (Property All Risk) Insurance Policy?

Answer

A Fire and allied perils policy covers certain perils which are specifically named like fire, lightning etc. A PAR Policy covers all risks apart from certain exclusions which are specifically mentioned.

Related Questions

  • What are the various properties that can be insured under PAR (Property All Risk) Insurance?

  • On what values should I insure my properties with a PAR (Property All Risk) Insurance Policy?

  • What does machinery breakdown insurance cover?

  • Do I need Machinery Breakdown Insurance if I have a warranty?

  • Know More

Other Sub Categories

.