Industrial Special Risk (ISR) Insurance is a wide coverage business insurance policy that provides cover for a range of loss scenarios or damage done to physical assets including property, buildings, materials and machinery.
As the Jobs Australia Blanket Cover insurance program covers contents and stock only, we have a separate Industrial Special Risks policy that provides cover for your owned buildings.
Do I need ISR Insurance?
If you are a Business or Commercial Property owner with Insured Property you should consider getting Industrial Special Risk Insurance. Please note that minimum values do vary by Insurer.
Whilst it is designed for medium to larger organisations, as part of the Jobs Australia Blanket Cover Insurance Programme, ISR Insurance is available to businesses of all sizes
What does ISR Insurance cover under the Jobs Australia Blanket Insurance Programme?
An ISR Insurance Policy provides cover for property asset damage to your valuable assets by any cause not excluded under your policy.
Cover can include:
- Loss and/or damage to buildings, plant and machinery, contents, stock, raw materials, unregistered vehicles and the property of Directors and employees
- Loss of profits, revenue or rentals and/or increased expenses caused by damage to insured property
- Loss of profits, revenue or rentals and/or increased expenses caused by contingent damage to property at the premises of suppliers, customers and utilities
- Burglary, theft of money
- Accidental damage and glass breakage
- Claims Preparation Costs
- General Property
- Damage caused by Fusion
For a full list of what is covered or to have a conversation with an Insurance specialist please email jobsaustralia@marsh.com