Fire Industrial
SCOPE OF COVER : Damage to the property insured caused by the following perils
- Fire
- Lightning
- Earthquake
- Explosion
- Riot and strike/malicious damage.
- Special perils A to H which include hail ,snow, wind, hurricane ,cyclone ,tornado or typhoon , Flood or rain, impact, aircraft or articles falling, subterrean fire
What is covered under Fire policy
- Buildings
- Furniture and office Equipment and machinery
- Stock in trade
Benefits
Scope of cover: Damage to the property insured caused by the following perils:
- Fire
- Lightening
- Earthquake
- Explosion
- Riot and strike/malicious damage.
- Special perils A to H which include hail ,snow, wind, hurricane, cyclone, tornado or typhoon, flood or rain, impact, aircraft or articles falling, subterranean fire.
Features
The policy provides cover for:
- Buildings
- Furniture and office equipment
- Machinery
- Stock in trade.
FAQS
1. Is premium paid at the time of claim?
No. Premium is paid at inception of cover.
2. What capital assets are covered?
- Buildings
- Stock in trade
- Furniture, fixtures and fittings
- Office equipment
3. What perils does the policy cover against?
Fire, lightning, limited explosion, aircraft and other aerial devices, strike, riot and locked up workers, malicious damage, earthquake or volcanic eruption, storm, tempest and floods, escape of water from ay tank, apparatus or pipes, impact by any road vehicle or animal, bush fire, subterranean fire and spontaneous combustion.