FIRE & BURGLARY INSURANCE

Fire insurance covers your property against the damage and losses caused by fire. This Insurance protects physical goods and the equipment of the business or home against any loss from theft, fire, and other perils. It helps to cover the cost of replacement, repair or reconstruction of the property. Fire Insurance coverage is for loss from unexpected events which causes physicals loss, damage or destruction of building and structures, plant and machinery, stock and other assets relating to your business. All micro-level enterprises like hotels, restaurants, offices, and others are eligible for this policy.

• An organization/firm/institution/individual who wishes to save their business from an unforeseen event in case of fire
• Shopkeepers, retailers or godown/storage keepers
• Anyone with household contents like furniture, valuable contents and so on
• Banks, financial, research, educational institutes, and so on
• Manufacturing and non-manufacturing firms

Our business are always prone to risks and fire eruption and fire insurance provides a comprehensive protection against damages caused due to fire explosion and other risks. Besides fire related perils, it also protect damages caused due to any natural calamity, bursting of water tanks, theft etc.
The built in covers include alterations or extensions, stocks on floater basis, temporary removal of stock, cover for specific contents, start-up expenses, professional fees, costs for removal of debris and costs compelled by Municipal regulations.

• Fire, including due to its own fermentation, or natural heating or spontaneous combustion
• Explosion or Implosion - This policy protects against the loss caused due to explosion and implosion. A vessel can explode when it’s inside pressure reaches to or is more than the atmospheric pressure outside. Whereas an implosion occurs when the external pressure is more than the internal pressure
• Lightning - Fire or any other damage caused to the property due to a peril like lightning is covered by the fire insurance policy
• Earthquake, volcanic eruption, or other convulsions of nature
• Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Tsunami, Flood and Inundation - These violent destructions are also covered under fire insurance
• Acts of terrorism - An act of terrorism means an act or series of acts, including but not limited to the use of force or violence and/or the threat thereof
• Bursting or overflowing of water tanks, apparatus and pipes: This policy also covers loss and damage caused to the property by water due to the Bursting or overflowing of water tanks, apparatus and pipes
•  Leakage from automatic sprinkler installations
• Theft within 7 (seven) days from the occurrence of and proximately caused by any of the above Insured Events