Fire insurance is a type of property insurance that covers damage and losses caused by fire. It helps the policyholder to replace, repair, or reconstruct the property that was damaged or destroyed. Whether it's your home, office, or factory, fire insurance provides a necessary safety net against unexpected fire incidents.
Inclusions
- Fire (Excluding its own fermentation, natural heating or spontaneous combustion)
- Lightning
- Explosion/Implosion
- Aircraft Damage
- Riot, Strike and Malicious Damage (RSMD)
- Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood and Inundation (STFI)
- Impact Damage
- Subsidence and Landslide including Rock slide
- Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
- Missile Testing operations
- Leakage from Automatic Sprinkler Installations
- Bush Fire
Exclusions
- Loss, destruction or damage caused by war, invasion, act of foreign enemy.
- Loss, destruction or damage directly or indirectly caused to the property insured by ionizing radiations.
- Loss, destruction or damage caused to the insured property by pollution or contamination.
- Loss, destruction or damage to bullion or unset precious stones, any curios or works of art for an amount exceeding Rs. 10,000/-.
- Loss, destruction or damage to any electrical machine, apparatus, fixture, or fitting arising from or occasioned by over-running, excessive pressure, short circuiting, arcing, self heating or leakage of electricity from whatever cause (lightning included).
Documents Required For Quote
- Pan Card of Proprietor/Partners/Company
- Aadhar card of Proprietor/Partners
- Address of Risk location
- Nature of Business
- Valuation of Stock / Machinery / Furniture / Building / Fixture (Section wise if needed)
