(a) Personal Effects
All risks policy can be taken out on particularly expensive items such as jewelry, cameras and fur coats and can also be arranged on unspecified goods for a lump sum. The twin objectives of such policies are – to provide for a whole range of accidental loss or damage and to do so wherever the goods are at the time of loss.

(b) Business All Risks
The use of all risks policies in the commercial sector has become more popular as increasingly expensive and sophisticated pieces of machinery are introduced to the factory and the office. The small bulk of such pieces of machinery conceals a high value and the owner may well consider an ‘all risks’ policy to be worthwhile. This policy can be taken to cover small machines; often desk-top and lap-top equipment dropped or otherwise damaged. These types of equipment are also highly portable and may regularly leave the main business premises (e.g. laptops)