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Showing posts from January 4, 2023

Fire insurence

  Fire Insurance Introduction :  The most popular Property Insurance cover in India is Fire Insurance. Although called Fire Insurance, the policy offers coverage against the operation of various specified perils under a single policy. The policy is technically named as Standard Fire and Special Perils Policy. A fire insurance policy can be offered to any sort of property such as residential dwellings, industrial occupancies, warehouses and non-industrial entities. Infrastructural utilities like roads, bridges, tank farms and the like can also be insured under this policy. Building structure, contents, furniture and fixtures, plant and machinery, electronic equipment, utilities and stocks can all be included under the policy for apt coverage. The Fire Insurance protects the insured against the risk of fire. Any property which is subject to damage by fire can be insured against fire. The loss due to fire, lightning, and explosion is also covered by Fire Insurance. Fire Insurance...