Standard Fire & Special Perils Insurance

The traditional cover to protect you against fire and allied perils

Standard Fire & Special Perils Insurance Policy

Fire insurance policy is suitable individuals/financial institutions who have financial interest in the property.

The policy is suitable for the owner of property, one who holds property in trust or in commission

All immovable and movable property located at a particular premises for repairs can be insured

Offers additional covers including architects, surveyors and consulting engineers fees

Offers additional coverage including Debris Removal (in excess of 1% of claim amount)

Additional coverage for deterioration of stock in cold storage

Additional cover for forest fire

Fire due to own fermentation, natural heating or spontaneous combustion of the stocks or by their undergoing any heating or drying process
Burning by order of any Public Authority
Explosion of boilers or steam generating vessels & machinery subject to centrifugal force by its own explosion or implosion
Pressure waves generated by aircraft
Total or partial cessation of work/retarding/interruption of any process or operations arising out of riot, strike, malicious damage
Burglary, house breaking, theft, larceny arising out of riot, strike, malicious damage
Impact damages by rail/road vehicle/animal belonging to the insured or employee or any occupier of the premises
Normal cracking, settlement, bedding down, up heaving of land/structures, coastal or river erosion, defective design, workmanship or use of defective materials
Destruction or damage caused by forest fire
Excess amount
Loss or damage caused by war or war like situations
Loss or damage by pollution or contamination except due to insured peril
Loss or damage to electrical machine/apparatus, which is the source of fire
Architects, Surveyors & Consulting Engineer's fees exceeding 3% and debris removal expenses exceeding 1% of claim amount
Any consequential losses