Terms & Glossaries of Shipping and Trading

All-Risk Clause

All-Risk Clause is an insurance provision that all loss or damage to goods is insured except any that is self-caused. For more information see All-Risk Insurance.

What is All-Risk Clause?

An All Risks Clause is a provision in an insurance policy that typically entertains (i.e. provides compensation for) all possible claims except the ones that have been specifically excluded in the insurance contract. An insurance policy that contains an all-risk clause is known as an All-Risk or All-Peril Insurance.