Standard-Fire-and-Special-perils-Policy

WE COVER
Buildings

Machinery and Accessories

Stock and stock in process

Contents including furniture

WHAT CAN BE INSURED
Dwellings Offices Shops Hospitals(Located outside the compounds of industrial/manufacturing risks)

Industrial / Manufacturing Risks

Utilities located outside industrial/manufacturing risks

Machinery and Accessories

Storage Risks outside the compound of industrial risks

Tank farms / Gas holders located outside the compound of industrial risks

PERILS COVERED
Fire
Lightning
Explosion/Implosion
Aircraft damage
Riot Strike
Terrorism
Storm Flood inundation
Impact damage
Subsidence landslide
Bursting or overflowing of tanks
Bush fire etc.

WHAT IS NOT COVERED?
The policy does not cover any loss if

Loss or damage to property due to

Spontaneous combustion fermentation

Burning of property by order of any Public Authority

Its undergoing any heating or drying process

Explosion of boilers (other than domestic boilers)

Total or partial cessation of work

Permanent or temporary dispossession by order of Government

Burglary House breaking theft

Normal Cracking or settlement or bedding down of new structures

War or war like operations

Defective design workmanship defective materials

Pollution or contamination

Over-running short circuit etc.

Earthquake

Spoilage loss

ADD ON COVERS

Some Add on covers
Terrorism

Removal Of Debris

Architects Surveyors Consulting Engineers fees

Earthquake (Fire and Shock only)

Spontaneous combustion

Startup expenses

Spoilage Material Damage Cover

Leakage and Contamination cover

These additional covers are available by payment of additional premium.