The Basics of a Property Insurance Policy

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Nov 24, 2010

The Changing Nature of Property Insurance – Part I

All risks insurance has been with us for a long time and been used to describe a multitude of differing types of insurance including contractor’s all risks and all risks transit insurance. In this article, however, it is intended to focus our attention on All Risks Property Insurance (from now on called “ARPI”), which has developed more recently. It is purchased particularly by large corporations and is sometimes described in the US as “Jumbo Risks”.

By:
Willis J. Watsonl