Standard Fire and Special Perils Policy

Standard Fire And Special Perils Insurance Is A Traditional Cover That Offers Cover Against Fire And Allied Perils Which Are Named In The Policy. The Policy Can Cover Building (Including Plinth And Foundation), Plant And Machinery, Stocks, Furniture, Fixtures And Fittings And Other Contents.

KEY FEATURES

Fire
Lightning
Explosion / Implosion
Aircraft Damage
Riot, Strike, Malicious Damages (RSMD)
Storm, Tempest, Cyclone, Typhoon, Hurricane, Tornodo, flood, inundation (STFI)
Impact damage by any rail/ road/ vehicle/ animal (other than own)
Subsidence, Landslide and Rock slide
Missile Testing operations
Bush Fire
Bursting and/or overflowing of Water Tanks, Apparatus and Pipes
Leakage from Automatic Sprinkler Installations

BELOW ARE SOME OF THE ADD-ON COVERS THAT CAN BE OPTED

  • Architects, Surveyors and Consulting Engineers fees (in excess of 3% of claim amount)
  • Debris Removal (in excess of 1% of claim amount)
  • Deterioration of Stock in Cold Storage
  • Forest Fire
  • Impact Damage by insured's own vehicles etc.
  • Spontaneous combustion
  • Omission to insure Additions, Alterations or Extensions
  • Additional expenses on rent for Alternative Accommodation
  • Spoilage Material Damage Cover
  • Leakage and Contamination Cover
  • Loss of Rent
  • Earthquake (Fire and Shock)
  • Start Up Expenses
  • Terrorism Cover