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Business All Risk Insurance

Broad protection for your physical assets, stock, and equipment. One policy, comprehensive cover.

What Is Business All Risk Insurance?

Business all risk (BAR) insurance provides broad-form coverage for physical loss or damage to your business property. Unlike named-perils policies (such as a standalone fire policy), BAR covers all risks unless specifically excluded — giving you wider protection with fewer gaps.

A typical BAR policy protects your premises, contents, equipment, stock, renovations, and even cash on-site or in transit. It's the backbone of commercial property protection for SMEs in Singapore, whether you operate from a shopfront, an office, a warehouse, or a factory.

Many business owners don't realise just how much is at stake until something goes wrong. A burst pipe that floods your stock room, a theft over the weekend, accidental damage to expensive machinery — these are everyday events that can cost tens of thousands of dollars. BAR insurance ensures you're not absorbing those losses alone.

Coverage

What's Covered

Key areas of protection included under a typical Business All Risk Insurance policy.

Building and premises

Physical damage to your office, shop, warehouse, or factory building

Contents and equipment

Furniture, fixtures, machinery, computers, and office equipment

Stock and inventory

Raw materials, work-in-progress, and finished goods held on your premises

Business interruption

Loss of revenue and increased cost of working while your premises are being restored

Money coverage

Cash in transit, in safe, or on premises — protection against theft or loss

Glass and signage

Accidental breakage of fixed glass panels, shopfront glass, and business signage

Third-party property damage

Damage to property belonging to others while in your care, custody, or control

Who Needs This

Who Needs Business All Risk Insurance?

Retailers and F&B operators with shopfront premises, stock, and equipment. A single fire or flood can wipe out months of revenue. BAR covers the property damage and — with business interruption add-on — the lost income while you recover.

Manufacturers and logistics companies holding significant inventory, machinery, or raw materials. If your production line stops because of equipment damage, or a warehouse fire destroys your stock, BAR keeps your business solvent.

Any business with a physical premises — even office-based companies. If you've invested in renovations, furniture, IT equipment, or any assets kept at your workplace, BAR protects that investment. Many commercial leases in Singapore require tenants to maintain property insurance, making BAR a practical necessity.

Growing businesses that are adding locations, expanding warehouse capacity, or increasing stock levels. As your physical footprint grows, so does your exposure. A BAR policy scales with you.

Related Industries

Food & BeverageLogistics & TransportManufacturingRetail & E-commerce

Why TRS

Why Get Business All Risk Through TRS?

Accurate valuations, fewer surprises. We help you calculate the right sum insured so you're not underinsured (which triggers the average clause and reduces your claim) or overinsured (which means you're paying more than you need to).

Bundled savings. BAR is often packaged with other covers like business interruption, money insurance, and public liability. We structure these packages across multiple insurers to get you the best combined pricing.

Claims that get paid. When you need to make a claim, we handle the insurer on your behalf — from documentation to settlement negotiation. Our job is to make sure you get what your policy promises.

FAQ

Frequently Asked Questions About Business All Risk Insurance

Despite the name, business all risk insurance doesn't literally cover every possible risk. It covers all risks of physical loss or damage to insured property unless specifically excluded. Common exclusions include wear and tear, gradual deterioration, inherent defects, and war. It's broader than a named-perils policy, which only covers risks that are explicitly listed.
Fire insurance is a named-perils policy — it covers fire, lightning, and explosion, plus any additional perils you add on (like flood or burst pipes). Business all risk provides broader coverage by default, including accidental damage, theft, water damage, and more. For most businesses, BAR offers significantly better protection.
Yes, and we strongly recommend it. Business interruption (BI) cover compensates you for lost revenue and additional expenses incurred while your premises are being repaired or restored after a covered event. Without BI, you could have your property repaired but still face months of lost income.
It's not mandatory by law, but many landlords require tenants to carry BAR or equivalent property coverage as a condition of the lease. Even if it's not required, the financial risk of operating without it — especially if you hold significant stock or equipment — makes it a smart investment.
Your sum insured should reflect the full replacement value of your building (if owned), contents, equipment, stock, and renovations. Underinsuring is a common and costly mistake — if you insure for less than the full value, the insurer can reduce your claim proportionally under the average clause.

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