Business risk
All-risk material damage
Policy structure that covers any accidental damage except that expressly excluded.
In practice
It shifts the burden of proof in favour of the insured: it is the insurer who must demonstrate that the claim fits an exclusion. In business, it is the standard, and the useful reading is the list of exclusions, not the covers.
Where it is addressed
This term is covered in Riesgos patrimoniales and applies when taking out Daños Materiales.
