Industrial Special Risk Insurance (ISR) is a broad business insurance that provides cover for loss or damage done to high value physical assets including property, buildings, materials and machinery.
ISR is recommended for commercial clients with multiple locations, larger insurable values and multiple occupations.
ISR provides a high level of customisation to suit your business needs.
Available Covers:
- Loss of or damage to business premises and contents
- Loss of profits
- Damage to watercraft
- Loss or damage to goods whilst in transit anywhere in Australia
- Architects’, surveyors’ and consulting engineers’ fees
- Statutory fees applicable to the rebuilding of damaged property
- Costs associated with the extinguishment of fires
- Costs for demolition and debris removal, storage and disposal
- Costs for establishing temporary protection and safety of site, such as fencing and shuttering
- Replacement of locks following the theft of keys
- Loss or damage of tools, machinery, plant and equipment
- Loss or damage of stock, materials and merchandise
- Loss or damage to your staff’s personal property held on premises
- Loss or damage to customers’ goods and visitors’ property held on premises.
Optional covers:
- Goods in transit
- Boiler and/or pressure vessel
- Machinery breakdown
- Electronic data processing equipment
- Crime coverage.
Specialised Strata Insurance products are available for strata titles properties
Please note: This is a general description of cover only – for full description of covers please refer to your policy wording.
Contact us at Spectrum Insurance Group for an obligation free insurance review.
Harry at Spectrum Insurance Group identified a critical oversight in one of our policies and then spent the time reviewing our requirements and provided us with an annual policy to cover all of our insurances. He is trustworthy, knowledgeable and provides excellent service. Harry has made the process of dealing with insurance painless. We not only reduced our premiums but know we are well covered. His knowledge and commitment is amazing. We are so grateful for his thoroughness and time spent with us to understand our business. He is part of our team.
