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Fire & Allied Perils

It takes a lifetime for you to build business and personal assets like home, office, shop & factory etc., however, any mishap like fire can arise to destroy your house, business premises & factory. So, fire insurance policy that curtails financial losses due to fire to some extent. Irrespective of its size, every business needs a fire insurance policy. In every office, the company keeps its important files, documents, and assets. Hence, fire insurance policy is important which protects you against losses or damages.


A Fire Policy can cover the loss or damage to the property insured caused by the perils of Fire, Lightning, Explosion/Implosion, Aircraft Damage, impact damage, Riot, Strike, Malicious damage, Terrorism, Storm, Cyclone, Typhoon, Hurricane, Tornado, Flood, Inundation, Impact damage, Subsidence and Landslide, Bursting and or overflowing of water tanks apparatus and pipes, Leakage from automatic sprinkler installations and so on.


There are special types of fire policies like Floater policies which are issued for stocks / raw material / finished stock which are spread across various location. Declaration policies can be issued for stocks where the value of stock keeps on fluctuating.