Property All Risk Insurance PAR provides protection against various types of risks

Property All Risk Insurance (PAR) is an insurance policy that provides protection against various types of risks that can occur on your property. This policy covers loss or damage that occurs to your property, whether caused by sudden and unexpected events, or caused by negligence. All Risk Property Insurance can be used to insure various types of property, including: 1. Residential house 2. Apartment 3. Office building 4. Factory 5. Warehouse 6. Machines and equipment 7. Stock up 8. Valuables Although Property All Risk Insurance provides extensive protection, there are several exceptions that are not covered by this policy, including: 1. Intentional damage 2. Damage resulting from war, riots and riots 3. Damage due to natural disasters, such as earthquakes and tsunamis 4. Damage resulting from the Insured’s negligence 5. Premium Property All Risk Insurance premiums are calculated based on several factors, including: 1. Type of property insured 2. T