Fire and Special Perils Policy For Material Damage
We understand the amount of effort you put in building up your business and see it flourish with increasing assets, property, machinery and stocks.
But life, as we know it, is full of uncertainties and not all of them are pleasant. A small negligence, a minor spark can bring your dreams down to ashes. Natural calamities such as earthquake, storm and flooding can put you property at risk.
To protect you against such uncertainties, we can offer one of the best Standard Fire and special perils policy in the industry that safeguards you against the losses, backed by sound financial capability and most importantly, speedy claims settlement.
Comprehensive Product Offering:
Standard fire and special perils policy:
Standard fire insurance policies provide coverage against financial loss or property damage caused by a fire or other covered perils.
What does it cover?
Riot, Strike, Malicious Damages & Terrorism
Storm, Tempest, Cyclone, Typhoon, Hurricane, Tornado, Flood and inundation
Subsidence, Landslide and Rock slide
Missile Testing operations
Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
Leakage from Automatic Sprinkler Installations
General exclusions from the policy:
War and war like perils
High value items like gold , precious stones, unless specified
Loss of earning due to market uncertainties
Loss due to theft, in amidst occurrence of any peril
Property not in the premises
Useful add-ons to cover specific needs:
You can also choose among following covers, upon payment of additional premium.
Architects, Surveyors & Consulting Engineers fees (in excess of the provisions of the standard policy)
Debris Removal (in excess of the provisions of the standard policy)
Impact Damage by your own vehicles etc.
Omission to insure Additions, Alterations or Extensions
Earthquake (Fire & Shock)
Spoilage Material Damage Cover
Leakage & Contamination Cover
Loss of Rent
Start Up Expenses
Deterioration of Stocks
WHY Us ?
Expertise in risk minimization and mitigation
Special value added services team dedicated for risk advisory and safety installations
Best in the industry re-insurance mechanism
Speedy claims settlement with single documentation
Financial strength and supreme claims paying capacity
This is not an exhaustive list. For details, please read policy terms and conditions.