Fire Insurance - Package Policies

Fire insurance is a form of property insurance that provides financial protection for loss or damage to a Building structure and its contents which may get destroyed in a fire. A Fire policy typically also covers additional perils like Act of God, Lightning, Aircraft damages, etc., in addition to the Fire. This policy pays the policyholder back on either a replacement-cost basis or an actual cash value basis for damages.

Fire policies can also be packaged by clubbing other relevant property insurance coverages which are available in the market, say for example, Burglary and Theft. In India, there are various Standard forms of Fire insurance available to cover risk based on occupancy and exposure.

Fire Insurance is a crucial part of the risk management framework of every business as it helps business to recover faster should the unexpected loss event occurs. It also secures against loss of profits, if this additional coverage is opted for.
Talk to our Experts to help you stitch the right Fire Insurance policy with most appropriate coverages.

Who needs to buy?

1. Small to medium sized businesses (SME’s), no matter what industry you are a part of.

2. If you’re planning on starting a new small to medium sized business.

3. Co-operative Societies (Residential).

Expect the unexpected. Insure and be secure.