Property All Risks (P.A.R)

Suitable for all types of commercial businesses.

Cover Provided

This is an ‘All Risks’ policy which covers property against all accidental physical loss or damage whilst situated at the premises described in the policy unless the situation is specifically excluded.

Subject Matter

This policy can include:

  • Buildings
  • Machinery and equipment
  • Fixtures and fittings
  • Computers and office machines
  • Stock and other contents

Perils covered

Usual Exclusions

Additional Covers

It includes loss or damage by
• Fire, lightning, explosion
• Bursting or overflowing of pipes , water tanks and apparatus
• Sprinkler leakage
• Aircraft and articles dropped there from
• Storm, tempest
• Flood, earthquake
• Impact by any road vehicle or animal
• Strike, Riot, Civil Commotion
• Theft or attempted theft by forcible and/or violent entry to or exit from the premises)
• all other accidental physical loss or damage unless specifically excluded

This policy will NOT cover:
• Loss or damage due to war, invasion act of foreign enemy, hostilities, civil war, revolution, terrorism…etc.
• Nuclear reaction , nuclear radiation or radioactive contamination
• Willful act or willful negligence of the participant or of his representatives
• Consequential loss of any kind
• Electrical or mechanical breakdown
• Deterioration of property due to change in temperature or humidity
• Subsidence, ground heave, landslip, erosion, settling or cracking.
• Loss resulting from dishonesty, fraudulent action, theft
• Accidental breakage of glass
• Inventory shortage
• The freezing or molten material

The cover can be extended to include:
• Architects, surveyors, engineers fees
• Expediting expenses
• Capital additions
• Fire extinguishing expenses
• Loss of metered water
• Additional costs of complying with public authorities regulations when rebuilding
• Removal of debris
• Replacement of locks and keys following theft
• Contents whilst temporarily removed
• Construction or erection works

Information Required

Sums for each item along with fully completed proposal form.

Note: This is just a summary of the cover usually provided. For full details, please contact any of Tokio Marine Egypt General Takaful offices.