Oil and Petroleum
Covers stored and transported oil and petroleum products against loss.
All productsProduct Overview
The Oil and Petroleum Insurance is a specialized insurance product designed to provide financial protection against unforeseen risks and damages that may occur during the storage and transportation of oil and petroleum products. We offer additional risk coverage tailored to meet the specific needs of the insured.
Insurance Coverage
Fire, Burning, and Explosion Risk
Damage to the insured property caused by fire, burning, smoldering, or explosion.
Natural Hazards
Damage to the insured property caused by natural hazards such as rain, snow, hail, storms, floods, wildfires, or lightning.
Hidden Damage Risk
Damage to the insured property caused by sudden hidden damage, freezing, or technical failure of oil and petroleum product storage tanks, or by abnormal or excessively high pressure of the stored oil and petroleum products.
Intentional or Unintentional Acts by a Third Party
Damage to the insured property caused by an intentional or unintentional error or act by a third party.
Loss from Theft or Robbery
Loss caused by a third party stealing the insured property out of greed, or by committing robbery using force.
Electrical Risk
Damage to goods and materials caused by high voltage, abnormal or excessive fluctuation, damage to the electrical panel, damage or malfunction of circuit breakers, distribution boards, or insulators, or the indirect effects of electrical current.
Amar Insurance LLC is a trusted and well-established insurer with over 23 years of experience in the insurance industry. Backed by a team of highly skilled and dedicated professionals, we have earned the confidence and loyalty of our clients. We provide a comprehensive range of insurance solutions for both individuals and businesses, and through our advanced digital platforms, we are committed to delivering efficient, reliable, and customer-centric services tailored to our clients' evolving needs.
