Fire Insurance

Fire Insurance is a type of General Insurance in which the policy covers the financial losses arises due to the fire damage. The fire insurance gives protection to the areas such as; Buildings, Machinery & Accessories, Stock & Stock in Process, Other contents such as Furniture, Fixtures etc. 

Benefits of taking a Fire Insurance

  • Protects your valuable assets
  • Supports continuity in the business
  • Cover the expenses due to the unforeseen incident
  • Affordable premium
  • Easy settlement

What Can Be Insured?
One can insure assets from direct damage due to fire and can also extend the coverage related to perils. The coverage can be on assets like:

  • Dwellings, Offices, Shops, Hospitals (Located outside the compounds of industrial/manufacturing risks)
  • Industrial / Manufacturing Risks
  • Utilities located outside industrial/manufacturing risks
  • Machinery and Accessories
  • Storage Risks outside the compound of industrial risks
  • Tank farms / Gas holders located outside the compound of industrial risks

Coverage Includes
The Fire Insurance policy gives protection on the damage happens on your valuable assets due to many unforeseen incidents such as;  

  • Fire
  • Lightning
  • Explosion/Implosion
  • Aircraft damage
  • Riot, Strike
  • Terrorism
  • Storm, Flood, inundation
  • Impact damage
  • Subsidence , landslide
  • Bursting or overflowing of tanks
  • Bush fire etc.


The insurance also covers some add-ons which includes;

  • Terrorism
  • Removal Of Debris
  • Architects, Surveyors, Consulting Engineers fees
  • Earthquake (Fire and Shock only)
  • Spontaneous combustion
  • Startup expenses
  • Spoilage Material Damage Cover
  • Leakage and Contamination cover

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